Ofgem to probe Scottish Power price rise promotion
Originally posted by 5corpio
The energy regulator is to hold an inquiry following Scottish Power's move to raise prices by as much as 19%.

Ofgem will look at a "potentially misleading" offer by the utility company which was promoted at the same time as its latest price hike. Scottish Power blamed a 30% rise in wholesale gas costs for the increases. The regulator said it also wanted to press ahead with radical market reforms and force the so-called "big six" energy suppliers to simplify tariffs.

Ofgem said it would be using its consumer protection powers to investigate the promotional offer which was announced by Scottish Power when it revealed it would be putting up prices in.........Click Link: BBC News - Ofgem to probe Scottish Power price rise promotion

Forum Previous News about Scottish Power: Link BELOW: