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How to compare Scottish Power prices with Business Energy UK

Finding the right business energy tariff for your company can be a struggle. With so many options available and a range of different prices associated with these tariffs, you may not know exactly which is right for your business.

Here at Business Energy UK, we make it our job to help you compare and find the right business energy contract for your needs. Scottish Power is one such company that may be suited to your business.

Take a look below to find out everything you need to know about Scottish Power and why their renewable energy source may be the ideal option for your business!

Who is Scottish Power?

Scottish Power is an energy supplier that operates in the UK, supplying gas and electricity to businesses and domestic properties. They are part of the Iberdrola Group, a global energy company, and were founded in 1990 in Glasgow, Scotland.

Scottish Power focus on green energy and was the first integrated energy company to supply 100% green electricity in the United Kingdom. Their main goals are to supply green energy to businesses with a focus on wind-generated electricity and smart grids.

Unlike most other business suppliers, Scottish Power doesn't offer a choice between green and non-green tariffs. Instead, they have integrated their green supply into all of their tariffs, so no matter your choice, you will be lowering your carbon footprint and reducing your company's emissions.

If you are looking for a green supplier like Scottish Power, but aren't sure which is right for your business needs, no need to worry - we offer an easy-to-use business energy suppliers comparison tool so you can find the best supplier for your business today!

Scottish Power business electricity rates and tariffs

Fixed-rate tariff

A fixed-rate tariff is one of the most popular tariffs for businesses throughout the UK. Scottish Power offers a fixed-rate tariff that will lock you into a set price for the contract length determined before you sign-up.

The main advantage to a fixed-rate tariff is that you won't be subject to surprisingly expensive bills as the cost will remain the same throughout your contract. This is incredible for smaller businesses and can be a great way to keep track of your spending.

A fixed-rate does have the slight downfall that the price you pay won't take advantage of the current trends in the electricity market. This means if the average price across energy networks decreases, you will still need to pay the same bill as agreed upon in the contract.

Scottish Power offers a few different fixed-rate tariffs, so you're not left to pick a single choice. The main difference between these contracts is whether you sign a contract for a year or two and whether or not you require boiler insurance.

The 2-year tariff offers the incentive of zero exit fees, which can make this a great choice if you are considering changing your choice of tariff further down the road. Consider checking out the boiler insurance plans if you regularly require appliance care!

Variable-rate tariff

An alternative option supplied by most suppliers, including Scottish Power, is a variable-rate tariff. As you might expect, this means the price you pay for your business gas and electricity will depend entirely on the current market trend.

This can be an ideal option for larger businesses that want to take advantage of a current market trend and don't mind the risk of increasing their bills. Smaller businesses, on the other hand, might want to stick with a fixed-rate tariff.

As you might expect, Scottish Power currently only offer a single variable rate tariff. But as this rate changes throughout the contract, this is the standard for these types of tariffs.

Thankfully, alongside the variable-rate tariff, you can expect zero exit fees - if it doesn't work for you, then you can end the contract.

Deemed or out of contract rates

If you own property that requires gas, then you may be required to still pay for gas with your local provider; this is known as a deemed product. Deemed rates are fairly similar to the variable-rate tariff and also come with zero exit fees.

They are fairly cheaper than out-of-contract rates as deemed rates operate under the assumption that you haven't actively chosen not to sign a contract. If you are paying deemed rates with Scottish Power, you can switch to a fixed-rate tariff at any time.

On the other hand, out-of-contract rates can quickly become expensive and are usually worth avoiding. If you choose to actively refuse to sign a contract, then you will be required to pay out-of-contract rates for your business energy, which are usually more expensive than variable or fixed tariffs.

You can find out more about Scottish Power and the array of business energy tariffs they currently offer on their site here.

Additional Scottish Power business contract information

Considered one of the 'Big Six' providers in the UK, Scottish Power is a suitable option for any company focused on improving its carbon footprint.

Due to Scottish Power's focus on green and renewable sources, they can help business reduce their emissions and ensure you do your part for the environment. If you are looking for a reliable green supply, then Scottish Power may be the company for you.

In the third quarter of 2020, Scottish Power held a 9.2% market share in the United Kingdom. With such a large market share, it is no wonder that Scottish Power is a member of the Big Six suppliers.

If you want to find out more about business electricity suppliers and compare tariffs in your area, then be sure to check out our comparison tool. You can compare some of the biggest companies in less than 60 seconds!

How to switch business energy suppliers to Scottish Power

With so many types of business tariffs and a wide selection of rates, switching business energy suppliers can quickly become complicated. Luckily, if you are a business owner who is looking to switch to a new supplier, then you have come to the right place.

We're determined to help you switch to a supplier that suits your needs and make the change as smoothly as possible. By comparing your current tariff with suppliers throughout the United Kingdom, we are confident we can find the right tariff for your business.

Give us a call today on 0800 464 7677 and speak to one of our trusted business energy experts; they will happily guide you through the switching process.

You can also input your local postcode using our handy online tool to find and compare contracts currently being offered in your area. All this and more can be found on our home page!

Frequently Asked Questions

Despite the name, Scottish Power can supply energy to the entirety of the UK, not just Scotland. So if you're looking to find a cheaper tariff for your energy, consider checking Scottish Power out.

The best way to contact Scottish Power is via phone on 0800 027 0072 or the contact form found on their site. They also offer a live chat service if you have any immediate queries and require a fast reply.

Scottish Power offers a range of reasonably priced tariffs suited for a variety of different customers. This means you may be able to save on your energy bills by switching to Scottish Power. Be sure to use our comparison tool to see if they can help you save!

Scottish Power is an integrated company and was the first to offer a 100% renewable and green supply to businesses across the UK. If you are energy conscious and are looking to switch suppliers, they may be the best choice for your business needs.