Scottish Power Price Tracker October 2011 Tariff

A new tariff has been launched by Scottish Power called the price tracker October 2011 which simply means your prices are 2% below British Gas standard tariff until that time.

This new tariff squarely aims at British Gas customers who are on the standard tariff with BG but only provides a 2% discount. British Gas themselves have their own discounted standard tariff called websaver which provides a 6% discount off these rates for similar periods of time. So really there is no reason to move if you are on the websaver deal because it offers three times the discount over the Scottish Power deal.

Scottish Power Price Tracker Tariff Rates at a Glance

So what do you get if you opt for this tariff from Scottish Power ?

• Guaranteed 2% discount from British Gas standard tariff
• Rates and discount guaranteed until October (30th September 2011 to be precise)
• Additional £15 discount for dual fuel tariffs
• Another £15.75 discount if you manage your account online
• Fixed monthly direct debit payment mandatory
• Can take either gas or electricity or a dual fuel tariff
• Early exit penalties of £30 for electricity and £20 for gas if you exit the tariff before the end (although the penalties do not apply if you move home within this period)
• Estimated saving for average energy user over Scottish Power standard tariff for dual fuel customers is set at £45 per year

Other information on this tariff

This is a flexible pricing tariff so rates move up and down if the price of the British Gas tariff change. There are no standing charges on this tariff. Although you can not take this tariff with you if you move home you can still re-apply for your new property.

Applying for this Tariff

You can easily apply for this tariff online or over the telephone. The easiest method is to visit the Scottish Power website and key in your information to check if this tariff is the cheapest option for your home (as pricing varies around the country and the rates will be different depending on where you live). You can also check out general energy price comparison websites which will provide you will all the options for your postcode and show all the energy tariffs including the cheapest one for you.

Once you have decided which one is right for you then the switching process to a new provider is undertaken on your behalf. You’ll receive correspondence from your new and current provider letting you know what’s going on at any one time and a specific date for the switch over. All of this happens in the background and so long as you take a meter reading on the day of the switch just to ensure your invoicing is correct then you’ll be switched over to a new tariff and enjoy the savings. You are most welcomed to check out the new scottish power price tracker october 2011 on their website.