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Scottish Power announce further increases!

Posted on Tuesday 7 June 2011

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One of the UK’s largest energy companies, ScottishPower has announced that it will be increasing electricity bills by an average of 10%, and domestic gas bills by an average of 19% from the 1st August.

Whilst these increases by ScottishPower are not entirely unexpected, and there is some relief that they at least come during the summer months when usage levels are at their lowest, it’s going to push up the average bill of up to 2.4 million Scottish Power customers considerably. Many householders will of course be concerned that this is a sign of things to come across the rest of the market – and they are right to be concerned too.

The question now for many consumers, will be whether to fix into longer term fixed deals which protect against future prices rises, albeit at a small premium on the most competitive tariffs in the market. They offer protection against future rises, and peace of mind in the medium term. As always, be sure to fully understand the terms and conditions, including any exit penalties that may apply for signing into one of these tariffs.

Whatever you decide to do, don’t waste any time; other suppliers are sure to follow suit sooner or later! The Switching Helpline’s trained experts are on hand to help you make an informed decision, and can walk any prospective switcher through all the options available in detail.

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