MSE News: Scottish Power bills to rise 7%

Former_MSE_Helen

"Scottish Power has become the fourth of the big six energy firms to announce price rises to hit just in time for winter ..."

Read the full story:

Scottish Power bills to rise 7%

good_advice

Knew it would only be time...
My crystal ball made me change onto online fixed price January 2014 a few weeks ago and a couple of months before my tariff ended.
It was a gamble at the time but seems I did the right thing to fix.

Masqurin_Wizard

I applied for a fixed tariff with Scottish Power last week. Of course, I have not received a quote, signed a contract or otherwise had an acknowledgement from them yet.

Are they likely to honour the tariffs that they were advertising at the time that I applied? Also, is there a record of their historical rates so that I can determine which my quote is based on when it is sent?

Scottish_Power

Masqurin Wizard

If you e-mail some details to [EMAIL="onlinecomplaints@scottishpower.com"][email protected][/EMAIL] I can take a look for you. Thanks David @ ScottishPower

chanz4

What people have to ask, where does free installation come from..... price rises thanks government

Maximum_Saving

I have changed from British Gas to Scottish fixed until March 2014.

GooliesOfFire

Makes me laugh how it all works.. The energy suppliers increase prices.. people use less gas/electricity.. the energy suppliers increase prices further because people use less energy and don't bring enough profits.. people use even less... prices have to go up again to protect profit levels....

The government really has to step in I think.

flashnazia

Does anyone have the new rates yet? Particularly for online version. 17?

I don't get why direct debit customers have around 8% increase yet pay on receipt of bill users only have 1.8%?

NittyGritty

"Online Energy Saver 20

Good news! You are not affected by this increase in prices or change to annual discounts. You will continue to benefit from a discount of 8.7% on our standard monthly Direct Debit prices (as at 27th February 2012) until 31st October 2013."

anyone else confirm this is true? no hikes on this tarriff?

Pincher

Masqurin_Wizard wrote: »

Also, is there a record of their historical rates so that I can determine which my quote is based on when it is sent?

All you have to do is to use Moneysupermarket.com and pretend your current tariff is whatever you want to know.

For medium usage:

£1,030 Online Fix November 2013, £70 Cashback MSE
£1,030 Online Fix January 2014, £42 Cashback Quidco
£1,083 Online Fix March 2014, £55 Casback Quidco
£1,123 Online Fix April 2014, £42 Cashback Quidco.

Adjusting for cashback, we see

August 2012 available deal £1,030 - £70 = £960

October 2012 (Now) available deal £1,123 - £42 = £1,081

The difference is £1,081 - £960 = £121

Forget the December rise, the price rise had already happened between August and October.

John_Pierpoint

chanz4 wrote: »

What people have to ask, where does free installation come from..... price rises thanks government

It is clever isn't it:

The government gets to meet some of its carbon reduction treaty obligations.

The electricity company does not need to pay so much money towards "The second National Grid".

The savvy consumer pays less on their power bill.

The consumer (of the landlord ?) who has not bothered to insulate their property, pays the increased costs.

Last week I had this diamond bead stuff pumped into my cavities for free:
http://www.diamondbead.co.uk/4300ps1i1.pdf
Cavity wall insulation can decrease a wall's U-Value from 1.5 to 0.5 W/m2K

The message is clear: if you cannot beat them, join them.

[You have until the first of January to get your cavities and loft insulated for free by the electricity company - after that the costs will be charged against your property, if you cannot pay the several hundred £'s in cash..]