Scottish power bills to rise
Scottish Power is the latest energy provider to warn consumers to expect another “significant” rise in fuel bills.
Scottish Power, which has 5.2 million customers in the UK, said households faced a double-digit percentage increase in tariffs, but it declined to discuss the timing of any move.
The warning follows reports that British Gas is planning a big rise in gas prices over the next few weeks. Consumers have already seen energy bills rise by 40% in two years.
Scottish Power blamed rising wholesale gas prices. The company increased prices in October, saying a 70% rise in wholesale energy costs since April had forced it to increase charges.