What’s in this guide?
In April, Scottish Power announced a price increase of 5.5%, but did you know in August they increased their prices again by 3.7%?
Did you also know you could be saving over £400 a year by switching?
Find out how much Scottish Power are increasing their costs, as well as what you can do to avoid it and why you should compare.
Price change news
If you are on Scottish Power’s standard or ‘variable’ tariff, your annual energy costs might increase as much as £63 extra a year.
Average dual fuel bills will increase by £63 to £1,211/yr, based on typical use – a 5.6% increase in total.
This rise in prices will affect approximately 960,000 Scottish Power customers, or a third of households according to the energy company themselves.
One of the more expensive energy suppliers on the market, even without the price increase you could be saving £100s a year by comparing and switching to a smaller company with better rates and customer service.
I am a Scottish Power customer – am I affected?
Unfortunately, you will experience changes if you are on the standard variable tariff.
Customers will see their costs increase by up to £100 this year, with all of the main energy suppliers raising their costs this year one after the other.
According to some reports, most energy companies wait for the first supplier to raise their prices then announce their own so there is less news coverage focused on them.
This is why you should consider switching energy suppliers whenever possible.
Plus, if you take a look at the EnergySeek guides, you can learn more about your top choices including what their costs are and customer satisfaction.
What can I do to avoid the price increase?
These specific tariffs that change due to price increases do not have fixed terms that lock you in. So you can actually switch at any time.
Comparing suppliers means that instead of switching to the first supplier that you see, you take a look at many deals available to you right now.
This can end up with you saving some serious money on your annual bills.
Plus, you can see which suppliers have the traits that you value the most, like customer satisfaction and extra services.
How do I compare?
Have you decided that comparing might be a good idea?
You need to take into consideration what it is that you want the most in your supplier. This could be value for money, customer satisfaction or even based on the extra services that they offer, such as the British Gas boiler care.
Next, you need to have some information to hand. This will make it a lot easier to compare electricity and gas tariffs – you will need this information:
- Your location
- Annual consumption or spend
- The size of your home
- Phone number
Finally, you can then use a tool such as the EnergySeek comparison tool to compare tariffs and energy suppliers to see which would be best for you, and become an energy shopper.
Did you know that you could be saving up to £500 on your energy bills every year?