MSE News: Scottish and Southern is latest to raise energy prices

Former_MSE_Helen

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

"The power giant has become the third of the big six providers to announce a rise in gas and electricity prices ..."

Read the full story:
Scottish and Southern is latest to raise energy prices

gadgetmind

Yeah, but look on the bright side: the shares in SSE that I bought back in April are up about 7% so far.

If you can't beat them, buy them!

billsavings

So i guess M&S Energy and Ebico who piggy back on them will be upping prices soon.

cally6008

billsavings wrote: »

So i guess M&S Energy and Ebico who piggy back on them will be upping prices soon.

Ebico Ltd
We wanted to let you know that our supply partner, SSE, has announced price increases for their electricity and gas. Unfortunately, we're now going to have to review our prices too and we'll announce the result in the next few days. We'll make sure that we let all our customers know about any changes in writing at least 30 days before they take effect. Ebico



http://www.facebook.com/home.php#!/pages/Ebico-Ltd/112467313920

dank_2

Man, do I feel smug or what for ditching them before they turned into greedy wotsits.

bob_bank_spanker

dank wrote: »

Man, do I feel smug or what for ditching them before they turned into greedy wotsits.

Who are your new provider? If they're immune from price rises, share all!!:beer:

[Deleted User]

The top brass in these companies probably have secret meetings where they fix the prices. They don't charge exactly the same nor do they announce their price hikes at the same time. That would give the game away. Anyway, that's what I think.

Kev27

Ebico still gonna be chapest for me as they are all gonna be increasing prices regardless not so long after eachother, pointless jumping ship because by the time the transfer goes through 4-6 weeks the company we are joining will of upped their prices too! its a no win situation with these cowboys im afraid!!

problemcashback

still cant figure out if the months worth of payments they give back to Atlantic customers makes it still the cheapest.

llandudno_2

problemcashback wrote: »

still cant figure out if the months worth of payments they give back to Atlantic customers makes it still the cheapest.

1 month out of 12 = 100/12 percent = 8.5%

so you do better if the any new deal you find undercuts your Atlantic direct debit (*) by at least 8.5%...

(*) assuming you are not overpayment/underpaying much, in which case use the amount you should be paying.

Soubrette

travellingbum wrote: »

The top brass in these companies probably have secret meetings where they fix the prices. They don't charge exactly the same nor do they announce their price hikes at the same time. That would give the game away. Anyway, that's what I think.

They don't need to - there is so little competition that if one company puts up prices then the rest can follow - no formal meetings required, just an acknowledgment that the market will pay the price it can bear and for utilities it can bear alot if companies pretty much stick together.