Scottish Power Now Even More Competitive!
Recent announcements made by energy suppliers NPower and Scottish and Southern Energy plc (SSE) indicate that they plan to increase their prices in January 2006, putting ScottishPower in a very attractive position!
NPower have just announced a price increase of 12% for electricity and 13.7% for gas from 1st January 2006 for a typical customer paying by monthly direct debit. That’s equivalent to 24p per day for a dual fuel customer! This means that as of January six million households will have to pay up to 14% more for their electricity and nearly 15% more for their gas.
Scottish and Southern Energy plc (SSE) will also increase its prices for domestic electricity and gas customers on 1 January 2006. Prices for electricity customers will rise between 8.9% and 12.0% and the price rise for gas customers will be 13.6%. Power watchdog Energywatch said the timing of the rise was poor, coming just after Christmas, which was an expensive time of year for consumers.
ScottishPower have recently capped their prices, meaning that there will be no price increases until September 2007. They have also announced a commitment to keeping their prices at least 2% lower than British Gas until January 2008. At a time when energy prices are continually rising, ScottishPower is still one of the cheapest gas and electricity suppliers in the UK.