Qualified advisers answering your
Financial Questions
call 0800 092 1245

Scottish Power raises Prices in ‘pack behaviour’ move

Scottish Power has been accused of ‘pack behaviour’ by Consumer Focus, after the company reacted to announcements last week that British Gas and npower are to raise energy prices; by announcing they will do the same.

It is thought that this will raise the average annual dual fuel bill of Scottish Power customers to £1,271. The energy provider has blamed the move on the increased costs faced in getting energy to consumer’s homes, as well as the costs involved in compliance with energy efficiency programmes.

British Gas were not the first provider to announce the increase however, with SSE who trade under the names Southern Electric, Swalec and Scottish Hydro announcing in the summer that their prices would increase by 9pc, a move that came into effect today.

However Director of Energy at Consumer Focus, Adam Scorer, has said the moves raise ‘consumer concerns about the energy market’

He said: “Every time this happens it makes it difficult for consumers to believe that prices are driven by real supply and demand issues. It feels as if companies raise prices in a pack because they see safety in numbers”

Consumers however can avoid price hikes by fixing energy prices for up to two winters on fixed price contracts. First Utility offers the option to do this, ensuring the price of your energy will remain constant until 2014.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details