ScottishPower Cuts Energy Bills By 3.3%


Switch now to cut your energy bills by up to £482* and the chance to win a Fitbit Versa Smartwatch (T&Cs apply).

in partnership with Banner uswitch

Looking to switch your business energy supplier? Click here

* Between 1 Jan 2018 and 30 Jun 2018, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch saved £482 or more.

ScottishPower has revealed that it will reduce its energy prices by 3.3 per cent later this month.

The big six energy supplier will cut the prices of its standard dual-fuel tariffs from January 31 as a result of changes to the Government's green levies. The reduction will affect around 2.2 million householders. An average householder paying their bills by Direct Debit will see an average reduction of £42 a year.

It's also been announced that all customers will receive a rebate of £12 from the Warm Home Discount, which will be funded differently in the future. Whereas it is currently funded through levies imposed on energy bills, the Warm Home Discount will now be funded through general taxation.

ScottishPower only implemented price rises of 8.5 per cent on gas and 9 per cent on electricity last month (December).

Customers currently signed up for ScottishPower's fixed-price energy products won't see their bills fall. The supplier stated that they were already protected against green levy price rises.

Speaking about the price cuts, ScottishPower, stated: "At present, 97 per cent of customers on fixed price products already have a lower bill value than these new standard tariffs. These customers were protected from the rising cost of green levies as they were not impacted by our recent price rise.

"Once these products reach the end of their term, these customers will receive the benefit of this reduction," the supplier concluded.

Latest gas and electricity news brought to you by UK Power - the energy price comparison site.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.

Found this page interesting?

Help spread the word and share this page with your friends and family on your social networks.

Cookies help us deliver our services. By using our services, you agree to our use of cookies. Learn more