Fixed Gas & Elcetric until 2011 (Scottish Power customers) - HotUKDeals
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With all the doom and gloom of 40% price increases I thought I would look at getting a fixed rate on my dual fuel.

When I registered my account on-line (existing customer) I was given the option to fix my price until 2011. I phoned Scottish Power to confirm and they informed me the offer no longer exists. The lady the said she was transferring me to another team. Whilst she did this I clicked through the registration and picked the fixed pricing.

Once through to this other team I said I had already agreed to it on-line and they've said they will have to honour it then.

So, I've now got fixed Feb 2008 pricing until 2011

I doubt this be there much longer so if you're already a customer of SP I would get on-line now.
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#1
i switched to this a couple of months ago just before it was withdrawn, so glad I did!
#2
I work in Energy trading and actually think prices are going to come off...for what its worth!!!!
#3
Cheers for the info, will try that tonight! Heat and rep added!
#4
I switched to this a few weeks ago. It's a great deal.

In summary it is widely expected that gas prices will rise 20-25% or as much as 40% this year. I think on average this deal is about 5% more than current variable rate tarrifs (but do check first as it varies depending on where you are in the country) so you should be quids in. And perhaps the best thing is that there is no tie-in (or there wasn't when I signed up) so if and when prices do drop, you can just switch suppliers to a variable rate. Hot!
#5
I don't think British Gas believe I only used £10 of gas in the last 14 months. They're coming to change the meter :-D
#6
garbage456;2344101
we pay around £50 a month for gas and electric

That's impressively low usage.
#7
Can you give a bit more advice please... I havent signed up online for SP yet... only had an account with them for 2/3 months. We were given a DD cost of £58 a month for electricity... way over what we thought? We have one of those dual cost things with on and off peaks... Im not exactly sure what price we pay at the moment per unit?

Is the Fixed price more expensive than the standard costs?

Is this the best option:
Short Description
Look forward to the security of fixed prices until 28th February 2011 with our Fixed Price Energy offer. You will have no more paper bills and a discount for managing your account online.
#8
jouster
I work in Energy trading and actually think prices are going to come off...for what its worth!!!!


What do you mean?
#9
I'm Suprised no one has mentioned the fact that you can get up to £75 cashback from Quidco for changing over to Scottish Power
#10
garbage456
right i have been looking into this

currently for one example gas pay by direct debit, I pay per unit

3.280p (online energy 4)

with fixed i would pay

3.654p (fixed price to 2011)

but with online you can pay your bills online

save money with no paper statements
get extra discount per year on gas and electric and as dual fuel.

I am really not sure if this is worth it?

we pay around £50 a month for gas and electric

so the fixed prices are already 10% more than I pay plus i get discount as mentioned above.




I pay 2.860p for gas. Even 40% increase would only be 3.9p but it might not. Seems not a great deal to me.
#11
hmmm,
I'm not convinced but i may be doing my sums wrong
old rate new rate % increase
0.037970 0.0419 10.350% (first 225kw)
0.026950 0.026950 0.00


0.149900 0.16057 7.11% (first 1143 kw)
0.068200 0.09476 38.94%

so yeah if i could fix the gas i would be happy but not convinced i want to be fixing the electric with a 40% increase.


hopefully all the values are legible
stu

edit:- also just pumped my yearly consumption into moneysupermarket calculator and they suggest that my bill would go up about £350 based on gas & elec so im thinking best to let it go up slowly 40% than bring it on myslef right now!
#12
Sorry to digress from the subject of this deal but this is well worth doing...

bjmcghee
If you want a laugh click on Katie's name and look at her other posts, she's a well known 'troll' on here as you can see! Don't feed the troll!!!


Thanks for the pointer bjmcghee. :-D Very amusing.
#13
garbage456
so your bill would be going up £29 a month? at 10% increase for fixed price that means you are currently paying £290 a month !!!!!!!


hmm, yes the charge would go up £29 per month and my current charge is £75 PM which essentially says to me that my cosst would be going up approx 40%
#14
bjmcghee
If you want a laugh click on Katie's name and look at her other posts, she's a well known 'troll' on here as you can see! Don't feed the troll!!!


I took your advice and read her other posts...I have a question...
It was my understanding that the hot and cold voting was monitored on here so people couldn't just vote cold all the time. I am very careful when I vote that I have voted on both good and bad deals so how can this member continually vote cold for no reason other than
'it's boring' ?
#15
garbage456
yeah the last bill was £132 for 9 weeks usage i think it should really be £65 a month.



I would increase your payments as you are not paying enough , all that will happen is when they review you payments you will get a huge monthly payment to pay what you owe and what you use, it may well go up to around £90 a month
#16
I couldn't find the 2011 fixed price deal on scottish power,nowhere to sign up to it.
#17
Signed up a few weeks ago, assuming it works i vote Hot.
#18
I got the £92 quidco this month from them. Now debating to go to their fixed plan or keep swapping for more quidco which should offset the increases!!! Also saves giving the commision to the idiots who keep knocking my door.
#19
Just my 2p worth, I personally would prefer to go for a 12mth fixed deal and there a number of those around at the moment, fixed until July 2009.

The Npower one deal seems the most attractive, no tie in and free boiler cover worth approx £150 per annum.

Like many other globally controlled items Gas / Elec / Oil can go down as quickly as it goes up, I don't think we will ever see prices of the late 90s but still that 40% rise being banded about could quite easily be wiped out next year if wholesale prices fall and the global economy starts to slow.

You pay a premium for fixing to 2011, have a close look if it's really worth it, my guess is prices will for the average household rise between 15-25% with 40% for pre payment and non direct debit type accounts.

I also think that Scottish power have a tie in clause.........
#20
I believe the current version of the Scottish Power (and also the British Gas) fixed price deals have a penalty clause for changing the product before the fixed deal ends. This is something they've only very recently done so check before you sign up.

There are a couple of capped price products (E.on I believe has one) with no tie in where the price will reduce if prices fall but won't go up from where they are now.

Don't forget the 40% increase the BBC are going on about is their suggestion for the near future, there's a good chance they will go up again before the end of any capped/fixed product - especially if you can get a fixed rate as far ahead as 2011, making the idea of fixing prices for 3 years a great idea in my view.

The down side is when you end one of these capped products and have to accept the current prices. I couldn't believe how much mine jumped 2 years ago when my SP fixed price ended.
#21
The 12month fixed deal was actually more expensive than this. This was the cheapest fixed price out there in my area and no tie ins. I used moneysupermarkets utility checker to compare prices. Alot easier than working it out yourself, all you need is your yearly useage. This fixed plan works out about £70 more than the cheapest scottishpower plan. Took a risk and gone for it, can always change next year if prices remain lower.
#22
Given there whacking £75 Quidco cash at present I switched last week.

They're still currently the cheapest in our area by around £260 per year.
#23
Have they pulled the 2011 now
#24
Just signed up about an hour ago.:)
#25
Signed up for my 2011 fixed price about a month ago following another thread on here and my £75 has tracked through Quidco!
#26
andreahh24
I took your advice and read her other posts...I have a question...
It was my understanding that the hot and cold voting was monitored on here so people couldn't just vote cold all the time. I am very careful when I vote that I have voted on both good and bad deals so how can this member continually vote cold for no reason other than
'it's boring' ?


The thing to do if someone is obviously trolling and voting cold like this is to use the 'report post' link next to their name and send a short message about it to Admin. This will alert the Mods to their behaviour and they can be reprimanded if their behaviour is deemed out of order.
#27
I don't know what to do with this..

I'm on Scottish Power, duel fuel. I pay quarterly based on the meter readings. I just don't know how to find out if I'm going to be making a saving by going to an online direct debit fixed price....what's the easiest way to find out?
#28
Voting cold, these deals are rip offs, most of the energy companies are doing them, do you relaly think they have your interests at heart?? Nope thay just want to tie you too them and if the prices go down your stuck paying more. Plus you will also be paying more as soon as you sign up whereas I just switch mine every 3-6 months getting the quidco and making bigger savings.


Cold, Cold, Cold
#29
jonohanson
Voting cold, these deals are rip offs, most of the energy companies are doing them, do you relaly think they have your interests at heart?? Nope thay just want to tie you too them and if the prices go down your stuck paying more. Plus you will also be paying more as soon as you sign up whereas I just switch mine every 3-6 months getting the quidco and making bigger savings.


Cold, Cold, Cold


read the small print with SP

No tie in - certainly when I sign up last month, so if prices do start to go down I will just jump ship.

First year will cost about £80 more than my current provifder EDF, but this is covered by quidco, then if prices do go up as they are predicted to do then I am saving money. If they do go down again, I will just move to another provider and grab some more quidco if its available.

So this is in effect like a capped deal.

voted hot

EliTom
#30
jonohanson
Voting cold, these deals are rip offs, most of the energy companies are doing them, do you relaly think they have your interests at heart?? Nope thay just want to tie you too them and if the prices go down your stuck paying more. Plus you will also be paying more as soon as you sign up whereas I just switch mine every 3-6 months getting the quidco and making bigger savings.


Cold, Cold, Cold


Fair point. Was tempted to go to Bgas just for the quidco, but on the other hand your not tied in with this offer so if prices dont go up as anticipated by xmas I'll be doing the quidco route like you. :thumbsup:

It works out an extra £5 a month for me on my direct debit, which I can put up with for the moment. Im just concerned about the bill prices in 2009 & 2010. Its essentially a gamble tho, but if the 40% increase is correct then thats more than I would make on quidco!

EDIT: ditto to what elitom said!
#31
I switched to SP last month and have just been connected. No tie ins and £75 quidco tracked (even tho quidco said it would be £62...). I was lucky to have done this before the hysteria of 40% increases.

I was also lucky with my mortgage (5yr fixed just before credit crunch)

Mr Smug :oops:
#32
I'm on PriceFall online NSC with scottish power ?

Is this better or worse than online fixed price ?

I only get the fixed price option but not the online fixed price option when I choose to change my service ?
[admin]#33
Deleting off topic posts- suspension for Katie Greggs- Trolling will not be tolerated
#34
eca00opc
I switched to SP last month and have just been connected. No tie ins and £75 quidco tracked (even tho quidco said it would be £62...). I was lucky to have done this before the hysteria of 40% increases.

I was also lucky with my mortgage (5yr fixed just before credit crunch)

Mr Smug :oops:


Same here signed up with SP last month £75 Quidco tracked.
& Fixed mortage for ten years in November 2006 @4.99%
#35
Just cahnged from PriceFall online to this. It's gonna hurt but there's no get out charge so if things come down in the next 3 years then I'm free to move on. That's why I jumped really. It'll add around 25% to my bill bu this may be good in the long run - who knows ??
#36
margamboy
Just my 2p worth, I personally would prefer to go for a 12mth fixed deal and there a number of those around at the moment, fixed until July 2009.

The Npower one deal seems the most attractive, no tie in and free boiler cover worth approx £150 per annum.

Like many other globally controlled items Gas / Elec / Oil can go down as quickly as it goes up, I don't think we will ever see prices of the late 90s but still that 40% rise being banded about could quite easily be wiped out next year if wholesale prices fall and the global economy starts to slow.

You pay a premium for fixing to 2011, have a close look if it's really worth it, my guess is prices will for the average household rise between 15-25% with 40% for pre payment and non direct debit type accounts.

I also think that Scottish power have a tie in clause.........



For the record there are no tie in's or penalty clauses with Scottish Power's fixed to 2011 deal. I checked this very point with them after British Gas tried to convince me otherwise. If you can still get SP to honour this deal take it and if prices fall find another supplier if necessary - not that price drops are likely in the forseeable future!
#37
what a fantastic deal! we were so worried about the rising prices and didnt even know this was an option. just logged onto our account and switched.
:thumbsup:
thanks
#38
http://www.ebico.co.uk/html/g_rates.php

Check this out for cheap gas.
#39
Mr Hunter
Have they pulled the 2011 now


yes
#40
Just so I understand which companies still have a 2009 or longer tariff with no tie in?

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