MSE News: Scottish Power is third energy firm to hike prices for winter 19 November 2010 at 5:04PM in Energy 44 replies 5.2K views

Former_MSE_Guy

This is the discussion thread for the following MSE News Story:

"The company is hitting 2.5 million homes with 2% rises for gas and 8.9% for electricity from 25 November ..."

Read the full story:
Scottish Power is third energy firm to hike prices for winter

Paulgonnabedebtfree

I think that's called sod's law as I'm in the process of switching to them.
Whoever I'm with it's going to happen sooner rather than later though and at least I will be getting hold of a promotional £50 switching fee.
Odd though it may sound, my fuel usage isn't much higher in winter than in summer. I just use warm jumpers. I suppose I need lights on a bit longer but that isn't much really, especially with these low wattage bulbs. Living on my own gives me those choices without anyone moaning about being cold

Gerrard_8_lfc

Oh my none of us could have predicted this.....

If I had an energy company and was waiting to increase prices id wait until like 11pm on a friday night so chances are 70% of my customers may be drunk out their heads and forget.

keith_lard

More like their profits will be up next year by 8.9%.

Anon

All the energy companies have got sneaky, adding exit fees to normal (non-fixed rate) online deals. Does anyone know if you can exit without penalty because they are putting the prices up, or have they covered that base in their T&Cs? I know switching may not necessarily save much on the tariff, but an extra cashback generally doesn't go amiss and makes it worthwhile.

Anon

Swipe

I recently switched to SP but even with the price hike they are still cheaper than the online tariff with BG (for my area) that I would have gone to had I not switched.

split_second

i'm off in the new year, bound to be a better deal than what i am on now even though my combined bill is rarely over £60 a month

markwallace

The Online Energy Saver 9 increase for electricity in my case is 26%.
Scottish Power are now charging the first 225 units at 13.172p. Originally it was the first 147 units at 10.676p.
Additional units have risen from 8.85p to 10.919p.
The headlines saying 9% electricity increase is a tad misleading

davidgmmafan

Its always like that, the price rise is expressed as an average figure across all tariffs and supply areas. It can be misleading for some customer, like yourself, who may think of that's not too bad when seeing the headline rate only to find that the rise for them is much more. Not sure what the solution is as you can't really say we're putting prices up be 4% in MPAN 11, 6% in MPAN 15 etc etc.

markwallace

davidgmmafan wrote: »

Its always like that, the price rise is expressed as an average figure across all tariffs and supply areas. It can be misleading for some customer, like yourself, who may think of that's not too bad when seeing the headline rate only to find that the rise for them is much more. Not sure what the solution is as you can't really say we're putting prices up be 4% in MPAN 11, 6% in MPAN 15 etc etc.

Glad I did the calculation tho'. Now jumping ship to a fixed rate till 2012 despite the initial increase and ScotPower leaving charges

Swipe

markwallace wrote: »

The Online Energy Saver 9 increase for electricity in my case is 26%.
Scottish Power are now charging the first 225 units at 13.172p. Originally it was the first 147 units at 10.676p.
Additional units have risen from 8.85p to 10.919p.
The headlines saying 9% electricity increase is a tad misleading

Where can I find the new prices for my area? I can't find anything on their crappy website.