Scottish households are will be experiencing a hike in utility bills in the near future, as Scottish Power becomes the latest energy firm to announce price increases for gas and electricity.
Scottish Power will be increasing prices by 7% from December 3, making the average annual fuel bill for the firm’s 2.3m customers increase to £1,271.
The company says the increase in prices has come about due to an increase in the cost of transporting gas and electricity to customers' homes.
Scottish Power said it regrets the price-hike, but Adam Scorer of Consumer Focus said: "The volley of price hikes all coming in during the winter period will fuel consumer concerns about the energy market.
"Every time this happens it makes it difficult for consumers to believe that price rises are driven by real supply and demand issues.
"This does not mean that wholesale price pressures are not real. But when half the market raises prices in just four days, consumers will question whether this is in response to volatile commodity costs or simply pack behaviour."
Neil Clitheroe, chief executive of retail and generation at Scottish Power said: “We will be writing to all those affected customers over the coming weeks explaining what the price increase will mean for them.
"We understand that this is a difficult time for many people and we encourage our customers to contact us."
The changes translate as an 8.7% increase for direct debit customers, while those who pay by cash and cheque will see prices rise by 1.4%. Pre-paid meter users will experience an increase of 8.6%.
Ann Robinson, of price comparison website Uswitch said: "Consumers will be disappointed and angry that these increases will be hitting them in the winter when the blow will be felt hardest."
(IT)
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
26/11/2024
Scottish Water has unveiled its largest-ever procurement initiative, aiming to modernise the nation's water and wastewater infrastructure while safeguarding the environment. The program, named Delivery Vehicle 4, is valued between £5 billion and £9 billion and is set to run from 2027 to 2033, with ...
26/11/2024
The City of Edinburgh Council has granted planning permission, subject to conditions, for the refurbishment of Calton Square, an office building currently occupied by Baillie Gifford until the end of December 2025. Promoted by Ardstone Capital on behalf of Manova Partners, the project aims to ...
26/11/2024
First Minister John Swinney, MSP for Perthshire North, praised the progress being made on the construction of the new Perth High School during a visit on Friday, 22 November. He was joined by Jim Fairlie, MSP for Perthshire South and Kinross-shire, alongside senior Perth and Kinross Councillors, ...
26/11/2024
A state-of-the-art playpark has officially opened at King George V Park in Bearsden, following the completion of a £100,000 refurbishment. Funded by a combination of East Dunbartonshire Council (EDC) Capital Funding and the Scottish Government’s Renewing Scotland’s Play Parks initiative, the ...
26/11/2024
Fife Council has launched a public consultation, inviting residents, businesses, and organizations to contribute ideas and propose sites for inclusion in the next Local Development Plan, known as Fife's Place Plan. The council is calling on community councils, landowners, and developers to share ...
26/11/2024
The Chief Executive of East Lothian Council has announced she is to retire in February 2025. Monica Patterson who has been Chief Executive for almost five years, has spent most of her professional career working in local government. Prior to joining East Lothian Council in 2010, she was Head of ...
25/11/2024
West of Scotland Housing Association (WSHA) and Connect Modular have jointly submitted a planning application to Glasgow City Council for the development of 33 affordable homes in Cowlairs. This project aligns with the wider Cowlairs Park regeneration scheme and the city's ambitious housing ...
25/11/2024
Arc-Tech (Scotland) has successfully completed a £6m Mechanical and Electrical (M&E) services package for the Lost Shore Surf Resort in Edinburgh. The state-of-the-art resort, which opened its doors earlier this month, features a range of amenities, including a wave pool, luxury lodges, and ...
25/11/2024
Scottish Water has successfully completed the construction of a groundbreaking hydro energy generation scheme at Whiteadder Reservoir in East Lothian. This innovative project, believed to be the first of its kind in Europe, will harness the power of water to offset a significant portion of the ...
25/11/2024
Work is set to commence on a £6.5 million project to upgrade the Double Dykes Gypsy/Traveller site near Perth. The initiative aims to replace outdated chalets with modern, energy-efficient accommodation and implement significant site improvements. Perth & Kinross Council secured £3.9 million from ...