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capped Gas & Electric

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mechy
mechy Posts: 254 Forumite
Part of the Furniture 100 Posts Combo Breaker
Hi all, I have changed to Scottish Power, in January. I got a capped account untill September 2007. I have then sat back & thought I have missed all the rises. But I have seen all the news of late in the papers,(like everyone else). Even if you have a capped account, are the power companies still going to pass on the increases.
Thanks

Comments

  • The Wild West

    Do you pay a subscription for the capped prices?
    This is what I understood them to be asking and was the reason I left Scottish Power. Business ethics and practice has been turned inside out by the gangsters who run these utilities the market is supposed to be competitive by market forces this does not include having the effrontery in asking its customers to finance promises in keeping the prices down its an outrage!! Its more like a regulated cartel operating in the UK than a free market!
  • Xav
    Xav Posts: 23 Forumite
    If you have a capped account you shouldn't be affected the rate increase.
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