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Scottish power increase

benny123
benny123 Posts: 165 Forumite
Part of the Furniture Combo Breaker
I was under the impression that if on capped tariff till jan 2014 that there would be no increase till end of tariff but have got letter from scottish power stating increase to almost double the amount i pay monthly !!
I will contact them after weekend but wondered if any MSE people have been in this situation ?

Comments

  • FOREVER21
    FOREVER21 Posts: 1,729 Forumite
    Energy Saving Champion I've been Money Tipped!
    edited 15 June 2013 at 8:33PM
    Hi a capped or fixed tarriff means that there will be no increase in the unit cost of electric and gas.
    If you end up in a debit position after your meter read then your monthly DD will increase,regardless of the type of tariff you are on.
    Have you used more gas or electric than you originally estimated,or was your initial DD too low?
  • good_advice
    good_advice Posts: 2,653 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee! Rampant Recycler
    Hiya, were you under the impression that because you are on a fixed tariff you can use how much fuel you like?
    I wish :) I am on the same tariff.

    Your DD will go up if you use more gas and electric than was estimated for your use over the year.
    The secret to success is making very small, yet constant changes.:)
  • cootuk
    cootuk Posts: 878 Forumite
    The original unit price may not have been at the level of the cap, so a price rise could still affect you. Plus, with this long winter weather, you may have used more gas/electricity and they are adjusting payments based on your usage.
  • CurlyTop
    CurlyTop Posts: 379 Forumite
    Part of the Furniture PPI Party Pooper Debt-free and Proud!
    Hi

    I remember when my dd went up when I was on a fixed tariff and was a bit peeved but then I remembered its more about the price you get for the electric and gas, not how much you use.

    To monitor it better and so it doesn't come as a shock to you for the future, I'd suggest submitting a monthly read of your meters. This enables a recalculation of your bill to take place. If I remember rightly, your bill shows a comparison against last years for the same period and also will tell you a forecast for your bill, using at the same rate.

    May be something for you to think about doing. Best of luck.
    I got there - I'm debt free and intend to stay that way. If I haven't got the cash, it doesn't get bought. It's as simple as that.
  • matelodave
    matelodave Posts: 9,116 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Has the tarrif price gone up or just your direct debit. You can't compare pricing & costs unless you know how much you use in kilowatts. Send them a meter reading every month (ideally on 1st day) and you can see how much you use and so will they and hopefully your payment will track your usage rather than just on erroneous estimates. If you aren't paying enough then you'll get a ginormous bill at the review date.
    Never under estimate the power of stupid people in large numbers
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