We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!

switched to scottishpower

northernstar007
northernstar007 Posts: 1,073 Forumite
Fifth Anniversary 500 Posts Name Dropper
edited 24 December 2021 at 12:01AM in Energy
as my current contract is up on xmas day with eon been paying £60 per month, and always in credit, low user know my exact usage
been shopping around and shopping around past few months the big 6 offering for aprox 110 per month 2yr contract, but past week  there all talking 130 to my current co 175
i`m like ahh , but scottishpower with exact use put in still showing up as 112 p/m 2 yr contract
ive decided to take it up and yes my new cap would have been set to 75 p/m if i stayed with eon but after april well it could be well above the 112 ive set myself into
hope ive done the right thing, only worry is the reviews for scottish power, i will take pic on transfer day of the meters

opinions anyone ?

Comments

  • Fairzo
    Fairzo Posts: 385 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    It would be good to know the unit rates / standing charge / exit fees for the 2 year fix.
  • Hi,
    is this it?

    Supplier ScottishPower
    Tariff name Fixed Price January 2024 YE2
    Tariff type Fixed
    Payment Method Monthly Direct Debit
    Unit rate 8.293p per kWh
    Standing charge 20.349p per day
    Tariff ends on 31 Jan 2024
    Price guaranteed until 31 Jan 2024 Early Exit Fee (if you cancel this tariff before the end date) £30

    Supplier ScottishPower
    Tariff name Fixed Price January 2024 YE2
    Tariff type Fixed
    Payment Method Monthly Direct Debit
    Unit rate 28.805p per kWh
    Standing charge 19.100p per day
    Tariff ends on 31 Jan 2024
    Price guaranteed until 31 Jan 2024 Early Exit Fee (if you cancel this tariff before the end date) £30
  • northernstar007
    northernstar007 Posts: 1,073 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    edited 8 August 2024 at 12:41PM
    Hi,
    is this it?

    Supplier ScottishPower
    Tariff name Fixed Price January 2024 YE2
    Tariff type Fixed
    Payment Method Monthly Direct Debit
    Unit rate 8.293p per kWh
    Standing charge 20.349p per day
    Tariff ends on
    31 Jan 2024
    Price guaranteed until
    31 Jan 2024
    Early Exit Fee (if you cancel this tariff before the end date) £30

    Supplier ScottishPower
    Tariff name Fixed Price January 2024 YE2
    Tariff type Fixed
    Payment Method Monthly Direct Debit
    Unit rate 28.805p per kWh
    Standing charge 19.100p per day
    Tariff ends on
    31 Jan 2024
    Price guaranteed until
    31 Jan 2024
    Early Exit Fee (if you cancel this tariff before the end date) £30

    thats the 1 
  • Fairzo
    Fairzo Posts: 385 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    I've seen worse rates although still quite eye-watering. Only time will tell how they compare to standard variable or new fixes in April.
  • If you allow your current fixed term contract to lapse you will be put on a cheaper rate than the one from Scottish Power (Eon's Standard Variable Rate).  But this rate may well go up in April and could end up more than those Scottish Power rates.  It's a bit of a gamble what to do.
    Reed
  • northernstar007
    northernstar007 Posts: 1,073 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    edited 24 December 2021 at 8:54AM
    If you allow your current fixed term contract to lapse you will be put on a cheaper rate than the one from Scottish Power (Eon's Standard Variable Rate).  But this rate may well go up in April and could end up more than those Scottish Power rates.  It's a bit of a gamble what to do.
    worst can happen is pay the £60 leaving fee, as you says its a gamble but at least ive safeguard myself IF the price goes up after april
  • £60 leaving fee on top of the extra money you will have paid from Xmas to April is the worst case scenario.
    Reed
  • QrizB
    QrizB Posts: 20,762 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    £60 leaving fee on top of the extra money you will have paid from Xmas to April is the worst case scenario.
    I'm currently using 35kWh/day of gas (more or less). Over the next 100 days that's 3500kWh. On that SP tariff I'd end up paying an extra £140 vs. the variable tariff cap.
    Of course the OP might use a lot less energy than I do!
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.9K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.7K Spending & Discounts
  • 246K Work, Benefits & Business
  • 602.1K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 259.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.