We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
🔔 Today's the final day to apply to become an MSE Forum Ambassador

Scottishpower Capped Price Energy September 2011

lawley1010
lawley1010 Posts: 286 Forumite
I have received an email yesterday from Scottishpower advising that my capped price deal finishes on 31 August 2010 and I will be switched to their new capped one from 1 September 2010 unless I opt out by 12 October 2010. I checked the capped prices and there is a 1.902p increase in my electric and 1.373p in my gas per kwh.

Has anyone else received an email and what are they going to do, is this a good deal or not? I spent approx £243 on gas and £738 on elec last year.

Comments

  • macman
    macman Posts: 53,128 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 24 August 2010 at 8:38AM
    Go on a comparison site and see what else you can get (use your annual kWh usage though, not your annual spend).
    No one can say if a cap is good for your particular circumstances or not. If you want the security that a cap offers then fine,but you may end up paying more than you would have.
    No free lunch, and no free laptop ;)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 348.8K Banking & Borrowing
  • 252.3K Reduce Debt & Boost Income
  • 452.6K Spending & Discounts
  • 241.6K Work, Benefits & Business
  • 618.2K Mortgages, Homes & Bills
  • 176K Life & Family
  • 254.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.