So much for green and cheep ...
No such thing !!
April 2021
ScottishPower price rise in 2021
All energy suppliers operating in the UK are subject to Ofgem's energy price cap, and ScottishPower is no exception. The cap rate sets the maximum price suppliers can charge for average use on their standard variable or default tariffs. These are typically the most expensive type of tariff on offer. In February 2021, Ofgem announced it could be increasing its price cap rate from April 2021. After this date, the maximum cost for average usage on a standard variable tariff is set at £1,138 per year. In March 2021, ScottishPower announced it would be raising prices on its Standard tariff by 9% in line with the new price cap. This price rise will came into effect from 1 April and translated to an average £96 increase in bills.Will there be another ScottishPower price rise in 2021?
The energy price cap is reviewed twice a year (February and August), with new rates coming into effect in April and October. We have already seen a price rise come into effect in April 2021. However, it remains to be seen whether there will be another energy price rise announced in August, or whether the price cap rate will be reduced.
Which energy suppliers have changed their prices in 2021?
Following the new price cap rates being announced in February 2021, all major energy suppliers raised their prices to meet the new cap level.
