MSE News: New Scottish Power tariff could spark energy price war

Former_MSE_Helen

"Scottish Power has launched the cheapest dual fuel tariff on the market, which uSwitch says could start a price war..."

Read the full story:
New Scottish Power tariff could spark energy price war

dkmax_2

The big six provider's new Online Energy Fixed November 2013 tariff comes in at £1,052 a year for average dual fuel users, which is now the cheapest tariff on the market according to comparison site uSwitch.

Scottish Power's offering knocks EDF's Blue+Price Promise September 2013, which costs £1,054 on average for dual fuel users, off the top spot

Yes, folks. That's a massive saving of £2 off from £1054.

It would appear that price wars are based on flimsy evidence just as as real ones are.

welshee

££££££££ 2 Fluffin quid......benidorm here i come !

Terrylw1

What was the point of this article...£2 isn't going to shake up the energy market...I think you listen to uSwitch too much!

MillicentBystander

This site is rapidly turning into lovemoney - any excuse to write an article on Energy in order to drive traffic to its affiliated, preferred switching site.

alanq

"EDF promises to tell customers if another supplier is £1 a week or £52 a year cheaper."

At typical use which is
" 3,300 kWh electricity and 16,500 kWh gas, and 5,000 kWh electricity for Economy 7 meters."

If ones usage is not "typical" then the comparison is pointless.

http://my.edfenergy.com/gas-electricity/blue-plus-price-promise

Plushchris

This is probably a sign of things to come..

(by that I mean hysteria creating headlines to send people to the sites new owners)

Pincher

I live in hope that it will prompt E.On into bringing out FixOnline 10 to compete.

Currently, the best E.On deal available is SaveOnline 12, which means (for high usage) a £200 annual increase when my SaveOnline 9 finishes in September.

The Scottish Power Online Fixed Price Energy November 2013 is a £93 increase for me. The £70 Cashback is interesting, but as I will pay £30 exit penalty if I switch before September, and start paying the higher rate earlier, it cancels out most of the £70 cashback.

I hope E.On has been making hay while oil prices were down, and been buying energy futures for the next year, which will allow them to bring out FixOnline 10, at a similar price to the Scottish Power deal.

No hurry, as FixOnline 10 couldn't possibly be cheaper than SaveOnline 9, I would prefer FixOnline 10 coming out on 1st September 2012, ideally lasting 18 months, so I have two winters covered.

50Twuncle

Anyway - who is this "average user" ?
We spend about £45 per month dual fuel (Scottish Power), we don't scrimp on heating and live in a large 3 bed semi....
Thats less than £550 per year - how can anyone spend twice this amount ?
Do they run their central heating 24/7/52 or leave their ovens on to heat the kitchen ?

PeteM1967

This is good news for me. My NPower Go Fix 6 deal expires in a few weeks and I was seriously considering switching to EDF Blue Price promise due to the latest NPower offerings being very uncompetitive (based on my usage).

A little price war at this time would be perfect - providing they hurry up and get on with it as I need to start my move soon!

Pincher

Who spends twice £550?

Me!

Just had a quick add up of my quarterly bills.

May 2010 to April 2011 £995 (E.On FixOnline 8)

May 2011 to April 2012 £1,223 (E.On SaveOnline 9)

Remarkably consistent, as SaveOnline 9 is roughly a 20% increase on FixOnline 8.