Scottish Power

Key information about Scottish Power

Scottish Power are amongst the ‘big six’ energy suppliers in the UK. The company generates 100% green electricity and provides energy to more than 5 million households and businesses across the country.

Scottish Power has existed since 1901, and is currently owned by Spanish energy firm Iberdrola, one of the largest utility companies in the world. Iberdrola is focused on “delivering a sustainable, greener energy future”.

As one of the largest UK energy firms, Scottish Power ‘work hard to ensure they bring you competitive gas and electricity rates and tariffs.’ Additionally, the company also offers other products and services such as boiler cover and a remote heating control solution.

The company states that alongside their majority holder, Iberdrola, they’re ‘committed to investment in renewable energy solutions’ and are a ‘leading developer of wind power in the UK and are dedicated to reducing our carbon footprint where we can’.

Company history

cottish Power started out as Clyde Valley Electrical Power Company from Glasgow in 1901, one of the earliest electric companies founded in the UK. More than 50 years later, Clyde Valley became SSEB (South of Scotland Electricity Board). This merger brought great change in helping the company to become what it is today. The company became known as Scottish Power in 1990.

In 1980, the UK energy market was privatised. Industry regulator Ofgem was created to closely monitor electricity and gas providers in the country. Three years later, energy firms in the UK became privatised, this kickstarted the competitive race to see who will be able to offer the cheapest energy.

Scottish Power state that they are the ‘first integrated energy company in the UK to announce they’ll soon be producing 100% green electricity’. The firm has closed the doors on its coal-fired power stations and has sold its last remaining gas plants.

The company’s focus will now be on ‘wind energy, smart grids and driving the change to a cleaner, electric future.’ Scottish Power claims that it is investing more than £7million every working day to achieve this.

Warm Home Discount Scheme

Scottish Power has signed up to the government’s Warm Home Discount Scheme.

The government’s Warm Home Discount Scheme gives eligible people a £140 discount on their electricity bill between October and April. You are automatically eligible for the scheme if your energy company is part of the scheme and you get the Guarantee Credit element of Pension Credit. You may be eligible if your energy company is part of the scheme and you are on a low income or if you receive certain means-tested benefits.

The Warm Home Discount Scheme payment doesn’t affect your annual Winter Fuel Payment or any Cold Weather Payment you may receive.

For more information on the Warm Home Discount Scheme you can visit www.gov.uk/the-warm-home-discount-scheme/

Scottish Power reviews

Scottish Power has a ‘Bad’ Trustpilot rating of 1.1 out of 5 stars based on 4,550 customer reviews.

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