Energy bills rise for 1.1m customers
ScottishPower hikes bills, freeze at British Gas
From the end of March Scottish Power customers on its standard variable tariff (pre-payment customers are not affected) will see electricity prices rise by an average of 10.8% while gas prices will go up by 4.7%.
This will add £86 to the average dual fuel which goes up from £1,081 to £1,167 a year, according to comparison website uSwitch.
The move sees Scottish Power become the third of the big six providers to announce price hikes, following Npower which is raising prices by 10% on average, and EDF which has cut gas bills by up to 12.9%, although it is raising electricity prices by 8.4%.
ScottishPower has blamed the rise on increases rises in the wholesale energy market, as well as compulsory costs, such as the smart meter upgrades.
Colin McNeill, UK retail director at Scottish Power, said: “This increase will apply to one in three of our customers, and we continue to work hard to move even more customers to our fixed price deals. We will be writing to all those affected, outlining the changes and encouraging more loyal customers to move to a deal that best suits them.”
British Gas has extended its standard variable price freeze, which also applies to prepayment customers, until August. It had been due to end at the end of March.
Fellow Big Six providers E.On and SSE have frozen standard variable tariffs.