Scottish Power customers Take Note!

  Autoschediastic 07 Jun 11
Locked

Glad i am not with them! but in the same breathe other companies will follow suit but for now we are safe, Interesting story i was ready yesterday and if i find the link il post it,

About WHY when the price of a barrel of oil goes down is it that the price of petrol still stays high in the forecourts? and why does the energy companies keep their prices high when there is a window open for them to reduce them?

In fact the price of energy in the uk is becoming daylight robbery but we cant do a lot to stop them?

Scottish power customers are soon to be hit with a Massive 19% increase on gas and 10% on electricity!! Thats a very large increase to take in one go so if you use SP for your gas and electricity you will be getting a 28% increase overall?

READ HERE

  spider9 07 Jun 11

I think your calculations are a bit out.

A 19% increase in one and a 10% increase in the other can never exceed the highest. ie 19% is the max overall.

  spider9 07 Jun 11

fourm member

Great minds think alike........it's just that some are two minutes quicker than others!!

**(;-)**

  Autoschediastic 07 Jun 11

i stand corrected guys! its still a hefty increase just the same eh..

  spider9 07 Jun 11

autoschediastic

Not quite sure why you have such a 'down' on the one company, Scottish Power, just because they are the first to announce. Rest assured all the others will be following.

My own experience with SP has been good, both with their tariffs and their cost for supply of electricity to a new rural house. By comparison, Scottish Water were a nightmare to deal with. Only personal views, of course.

  lotvic 07 Jun 11

If a customer gets both gas and electric from SP:

Would anyone care to explain how you get the increases to less than 29% more to pay, please?

  iambeavis 07 Jun 11

lotvic Old price for gas - £100 New price - £119

Old price for Electricity - £100 New price - £110

Overall old price - £200 Overall new price - £229

£29 = 14.5% of£200

  Forum Editor 07 Jun 11

Transferred to Consumerwatch from Speakers Corner

  lotvic 07 Jun 11

iambeavis Yep, that's how I did it too. 19+10=29 so 29/2=14.5%

I just wondered why t'others hadn't given an exact percentage for customers who got both gas and electric from SP.

  Grey Goo 07 Jun 11

Depends on how your usage ratios are.

  Picklefactory 08 Jun 11

Grey Goo

Exactly. I've been with SP for a good few years now, they were one of the cheapest, which is why I joined them initially from British Gas, but after already getting a 10% hike (Approx, I forget exactly) earlier this year, this further one has seen me switch. My monthly bill with SP for gas and electricity combined, was around £95/mth a year or so ago, I'm currently at £125/mth after the earlier hike, and this hike would take me to around £140/mth based on my usage mix of gas to electricity. I've just switched to a fixed tariff which should take me back down to about £107 or so. At least, I hope I've switched, only did it this morning, so not as yet confirmed from the new supplier (EDF).

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