ScottishPower is decreasing its gas prices

We’re decreasing our standard domestic gas prices by an average of 5.4%* from 15th March 2016.

Find out how this effects you

FAQs

Why is ScottishPower decreasing its gas prices?

We’re recognising reductions in our costs for supplying gas and decreasing our standard domestic gas prices by an average of 5.4%* from 15th March 2016. The cost reductions are mainly due to reductions in wholesale gas prices partially offset by increases in non-energy costs including transportation costs and metering.

*Based on a weighted average of impacted ScottishPower customers across all payment types, averaged across Great Britain, calculated on the Ofgem typical annual consumption values for gas of 12,500kWh and standard prices. Includes VAT at the currently applicable rate of 5%.

Why hasn’t ScottishPower decreased its electricity prices?

Whilst we are seeing reductions in wholesale electricity costs, these are being offset by increasing costs of green levies and non-energy costs of delivering electricity to homes.

When did ScottishPower last change its prices in Great Britain?

We decreased our standard domestic gas prices by an average of 4.8% on 20th February 2015.

Based on a weighted average of impacted ScottishPower customers across all payment types, averaged across Great Britain, calculated on Ofgem typical annual consumption values for gas of 13,500kWh and standard prices. Includes VAT at the current applicable rate of 5%.

How will I receive information about this gas price decrease?

If this decrease in prices applies to your gas tariff, you will see the new gas price on your bill/ statement on or after 15th March 2016.

How can I find out more about the price decrease?

Find out here if this decrease applies to your gas tariff and, if so, by how much.

Do I need to provide a meter reading on the date of the price decrease?

No, you don’t have to, but providing regular meter readings helps ensure your bill or statement is as accurate as possible. You can do this in the following ways - just be sure to have your meter readings and account number to hand before you start.

If you have an online account:

  • Log in to MyAccount and select ‘Enter Meter Reading’; or
  • Download our free YourEnergy App and enter your readings via our App.

If you don’t have an online account you can register to Manage your Account Online now. Or alternatively:

  • Call our 24 hour automated meter reading service on 0800 027 8000.

If you need help reading your meter, please view our meter reading video guides.

Otherwise, if we do not have your meter reading(s), we’ll estimate your gas energy use on 15th March 2016. The energy estimated to be used before this date will be charged at the old prices, with energy estimated to be used from this date being charged at the new prices. Any changes to your gas prices will be displayed on your next bill or statement on or after 15th March 2016.

 

Will my Direct Debit payments go down when the new gas prices come into effect?

Your Direct Debit amount may not change as it’s not based solely on your prices. It’s calculated based on a combination of your energy prices and discounts, the amount of energy we estimate you’ll use over the year and any estimated credit or debit balance on your account at your annual reassessment. Therefore, if your energy consumption is increasing, your Direct Debit amount will reflect this. We will continue to monitor your account and will contact you if your monthly Direct Debit payment amount needs to change. Alternatively, you can access our Direct Debit Manager through your online account or YourEnergy App, and adjust your monthly Direct Debit payments to suit your needs.

 

*Based on a weighted average of impacted ScottishPower customers across all payment types, averaged across Great Britain, calculated on the Ofgem typical annual consumption values for gas of 12,500kWh and standard prices. Includes VAT at the currently applicable rate of 5%.

Press release

We have announced a decrease on our standard domestic gas prices.

View the press release

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