My fixed deal is about to finish in Jan 19 and the new payment for a fixed 2020 is 37% higher does that seem right?
Seems high to me, an alternative supplier is offering only a 17% which is bad enough.
Thanks for any advice/suggestions.
Hi @oo03sjw, as wholesales costs of energy have increased since you previously chose your last fixed price energy deal, it is likely that you will notice a jump in the price of fixed price deals that are currently available because of this. However, as a ScottishPower customer, if a cheaper deal becomes available in the future, you can move between our tariffs at any time without paying exit fees.
I have just submitted my readings and my money fee has gone up by about £9 which is fine - expected. But I just looked at the tariffs because mine also ends at the end of January and the 2 year fixed is £55 more expensive. I think that is really bad. I am going to have to find a different supplier now which I didn't want to do because I've beenwith ScottishPower for some time now.
Sorry to say that if your deal expires in Jan it must be at least 12 months old and a lot has happened since then. Can't say I'm surprised that you would pay more for a new deal, but you might get something cheaper on 'Go Compare' etc. If it's only £50 more expensive, £1 a week, I would go for the SP deal.
My contract ends in January and like the previous contributor I notice that the price per unit will increase by 37%. However, the daily fixed charge is increasing by 60%!!!!! No explanation. Off to price comparisons and Flipper to look for a better deal.