MSE News: Scottish Power to hike energy prices

HalloweenJack

scottish power are front loading - those who use the least are being hit the hardest

disgusting.

2010

Finally got the email at 1-30 pm today.

I have decided to stay on OES12 for as long as I can up to the end of July.
I`ll then move to either OES14 or Direct October 2012 whichever is available.
These tariffs will mean about an 11% increase from my current tariff.
Compared with a 38% increase by doing nothing.

I cannot justify switching to their capped Sept 2013 which would mean an extortionate 31% increase from OES12.

I`ll chance it on future price increases and won`t hesitate to switch suppliers if need be at a later date.

Just been interrupted by a guy from NPower at the door gibbering about "price protector".
Out of the frying pan

---

springs to mind :rotfl:

Leodogger

Does anyone know if you have to pay a cancellation charge with EDF Saver 2 if you move house but keep your contract with them?

They appear to offer a cheaper unit rate but obviously have to pay standing charges but at least perhaps you do not pay as much for the first however many bottom tier units.

I get soooo confused by the whole business !

2010

In order to give the most accurate quote possible, we need to know what percentage of your electricity usage takes place at night.

You can obtain this information from your electricity bill, which will distinguish between day units and night units. If you are still unsure then please select 55%, as this is the current national average for night usage in households with Economy 7 meters.


The above is also found on these switching sites for anyone, like myself, who has Econ7.

People who have electric night storage may use 55% at night but anyone who doesn`t won`t be anywhere near that amount.

It doesn`t pay anyone to have Econ7 unless they use at least 20% of their electricity at night.

http://www.moneysupermarket.com/gas-and-electricity/economy-7-meters/

thor

JamesM wrote: »

1. They'd get another headline of rising prices, do they really want that?

It does make you wonder? The way they are putting up prices does make you think they are not so shy about doing so. It's just such a shame that when wholesale costs go down then retail prices hardly move.

Premier_2

2010 wrote: »

...It doesn`t pay anyone to have Econ7 unless they use at least 20% of their electricity at night.

http://www.moneysupermarket.com/gas-and-electricity/economy-7-meters/

Such generalisations can be equally misleading.

I agree you need to know what your own usage pattern is, but as an example, seeing as you plan to move to OES14, take a look at electricity prices on that tariff in the East Midlands area - anyone in that region (even if they don't use any overnight electricity - and most people use some), would be better off on E7 than the non-E7 with OES14

Everyone needs to use a comparison site to see what is best for them. Of course if they don't already have a dual rate meter, they won't know what overnight usage they consume. (SP would charge about £50 for a change of meter)

2010

Premier wrote: »

Such generalisations can be equally misleading.

I agree you need to know what your own usage pattern is, but as an example, seeing as you plan to move to OES14, take a look at electricity prices on that tariff in the East Midlands area - anyone in that region (even if they don't use any overnight electricity - and most people use some), would be better off on E7 than the non-E7 with OES14

Everyone needs to use a comparison site to see what is best for them. Of course if they don't already have a dual rate meter, they won't know what overnight usage they consume. (SP would charge about £50 for a change of meter)

Luckily or unluckily I`m in the E.Mids area and do have an econ7 meter.

I`ve inputted my my usage into energyhelpline and uswitch and found the former to be the most accurate.

Having also made my own calculations the difference between OES14 and Direct Oct 2012 is £8 per annum in the former`s favour.

However towards the end of July I`ll just have to take the one that`s available to me.

A._Badger

2010 wrote: »

People who have electric night storage may use 55% at night but anyone who doesn`t won`t be anywhere near that amount.

Not true. I don't use NSH and yet manage to consume 58% of my electricity in the economy 7 period - a figure I confirmed with my supplier just two days ago.

My case is unusual, but shows how misleading widely believed generalisations can be.

Doctor_Who

HalloweenJack wrote: »

scottish power are front loading - those who use the least are being hit the hardest

disgusting.

I couldn't agree more. I'm a low user on SP OES 13 and my annual bill would go up from £540 to over £680 (26%). They were sympathetic when I phoned them but could not match the best deals on the comparison sites (NP SOL 22 £572, EDF Online 10 £588, SP OES 14 £598, NP GO FIX 6 £600). I may regret this but I used my right to reject the price increase and am switching to NP GO FIX 6 through Simply Switch (so hopefully £40 cashback).......seemed a small premium to pay over the variable rate deals that are likely to go up anyway later in the year.

Pix123

Npower - Go Fix 6 Tariff information...

"The savings quoted include any discounts associated with this tariff. To qualify, you must take your supply from npower and pay by the same payment method for a full 12 month period – this period does not have to be a Jan-Dec calendar year. The discounts will be paid to you annually and will be credited to your account at the end of each full year that you remain with npower."

This tariff includes £105 in discounts which you will not receive untill the end of each full year. NOT pro-rata!! Pay in advance and hope to get your £105 back !!!

Doesn't sound good ?