MSE_Helen wrote: »
Scottish Power is facing a ban on sales activity unless it must meet tough targets Ofgem has set...
Scottish Power appears to come out best value for fixed price to January 2016 but I can't reconcile the figures I have been given in a quote based on electricity only annual usage 4919 kwh x 10.793p = £530.91 plus 20.55 fixed charge per day x 365 =£75 total = £605.91 plus VAT @ 5% = £636.21. This compares with the tariff quoted by my existing supplier Ovo costing £669.54 inclusive of VAT a difference of £33.33 rather than the £71 quoted by your Cheap Energy Club. The Ovo tariff is fixed for a year and rates are 27.4p for the standing charge and 10.93 per kwh.
Last time I accepted a Scottish Power quote by a comparison site the terms given to me were based on a Scottish Power increase immediately after I had accepted the quote. I had quite a job cancelling it. Hence my reluctance to tangle with them again.
matelodave wrote: »
Perhaps it's because the OVO tariff is fixed for a year - November 2014 to November 2015 whereas the SP tariff carries on until Jan 2016.
The comparison sites usually calculate your savings based on you being transferred to your existing suppliers variable tariff at the end of the fixed period so it's probably added a month or so of OVO's variable tariff to take you through to Jan 2016.
That's why you have to do your own sums - Comparison sites make assumptions that energy consumption is averaged over the year and that you'll do nothing when your present fix expires.
Based on that, the comp sites reckon I can save nearly £350 if I swap now. However as I'll use about 70% of my annual energy consumption between now and April when my present fix ends and I'll swap to another deal when it does, I suspect I will save less than £30 and have to pay £30 in exit fees from my present supplier. So I'm staying put
patanne wrote: »
If you have online access to your account you can now change the value of your direct debit. Don't reduce it by too much though or they will just put it back up again.
Delivery starts from 85p
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