MSE News: Scottish Power to hike energy prices

Cardew

davidlizard wrote: »

Just out of interest, does anyone know how much our friends on the continent get charged for gas and electricity - I have attempted to click around a few foreign websites, and they either redirect me to the UK one or have information in languages I do not understand.

Yes the prices are here:

http://www.energy.eu/#Domestic

The UK is one of the cheapest- certainly for gas - of the major European countries - France, Germany, Italy etc.

The old 'Eastern Block' countries have cheaper energy but have subsidies.

The problem is the picture gets distorted by the weakness of Sterling against the Euro.

However if we are being 'ripped off' so are a lot of other countries!

midgetessa

SP profits are £1.3 billion (according to figures released last year).


The company that owns them, Iberdola (whoever they are), made about £6 billion.


Great innit?

macman

I think you'll find that Tesco make far more per head, per customer, than SP do. But nobody complains about them...

motoko

I could happily spend hours complaining about Tesco, or any other supermarket... but I'll save it for another thread...

midgetessa

macman wrote: »

I think you'll find that Tesco make far more per head, per customer, than SP do. But nobody complains about them...

Oh, I don't know about that.

ColinTheComet

I wonder if I'm the only person confused by SP's recent email which says:
If you notify us that you wish to cancel your agreement before 1st August 2011 and we receive a request for your supply from another supplier within 15 working days, we will not apply the price increase or the cancellation fee for your product.
I've decided to switch to EDF and am desperate to avoid penalty charges - but really can't work out whether the 15 working days deadline means 15 days after notifying SP or 15 days after 1st August. I don't want to tell SP prematurely if EDF isn't ready to do their bit, but I don't want to leave it too late and have EDF request supply before I've told SP! I've tried calling SP but they're always engaged, and an email has received a response that doesn't answer my question. EDF are also always engaged. Am I being dense here, or have other folks been worried about getting this wrong and allowing SP to charge a penalty?

Premier_2

ColinTheComet wrote: »

I wonder if I'm the only person confused by SP's recent email which says:
If you notify us that you wish to cancel your agreement before 1st August 2011 and we receive a request for your supply from another supplier within 15 working days, we will not apply the price increase or the cancellation fee for your product.
I've decided to switch to EDF and am desperate to avoid penalty charges - but really can't work out whether the 15 working days deadline means 15 days after notifying SP or 15 days after 1st August. I don't want to tell SP prematurely if EDF isn't ready to do their bit, but I don't want to leave it too late and have EDF request supply before I've told SP! I've tried calling SP but they're always engaged, and an email has received a response that doesn't answer my question. EDF are also always engaged. Am I being dense here, or have other folks been worried about getting this wrong and allowing SP to charge a penalty?

Allow me to clarify.

You have until the end of this month to notify SP that you reject the price changes and so intend to cancel the supply contract they have (and so get another supplier to take over that supply)

Within 15 working days of SP receiving that notice, the new supplier must have made contact with SP to begin the process of taking over the supply.

This is simply a procedure to prevent you from giving notice to SP (so they have to maintain old prices) and you not instructing another supplier for a month, year, decade, ...

ColinTheComet

Thanks for the clarification, Premier.

fairywishes

Ok so having looked at this last month i am back lol when Brittish gas this morning announced their hike so i'm going to switch and fix today..
Can someone just try and advise me on 2 things please before i do :0)

1) When fixing do they only fix the price of the energy used or does the fix also apply to the service charge?

2) would i be better to fix for a year or 2 years? I will end up paying £50 more a year with EDF - 2 years fixed, where as save £88 for the year with Npower?


I am currently on scottish hydro standard tarif dual fuel.

p.s where are my manners lol...... thanks in advance :0)

Cardew

fairywishes wrote: »

Ok so having looked at this last month i am back lol when Brittish gas this morning announced their hike so i'm going to switch and fix today..
Can someone just try and advise me on 2 things please before i do :0)

1) When fixing do they only fix the price of the energy used or does the fix also apply to the service charge?

2) would i be better to fix for a year or 2 years? I will end up paying £50 more a year with EDF - 2 years fixed, where as save £88 for the year with Npower?


I am currently on scottish hydro standard tarif dual fuel.

p.s where are my manners lol...... thanks in advance :0)

By 'service charge' I assume you mean 'daily standing charge'? If so, yes that is fixed.

Nobody, but nobody, knows if any fixed tariff will turn out to be a good move - it is simply a gamble!