Energylinx News

September 14, 2012

Changes to Spark Energy's Electricity Rates: How Will You Be Affected?

ENERGYLINX: Spark Energy will be making a series of rate changes to its electricity Pay As You Go tariff, effective from 4 October 2012.

In one swift move, Spark Energy plans to reduce its Pay As You Go rates for the following distribution areas: Scottish Power, Norweb, Northern, Yorkshire, Midlands, East Midlands, Swalec, SWEB, Southern, Seeboard, Eastern and London. Meanwhile, Pay As You Go rates for Scottish Hydro and Manweb regional customers will reportedly see an increase "in line with area distribution costs." The two distribution areas that will see a hike in prices include cities such as Aberdeen, Inverness, Dundee, Perth, Chester, Liverpool, Oswestry and Warrington.

Spark Energy has long been known to charge rates that vary dependent upon region; however, this impending price increase goes contrary to national averages - which indicate that, in general, customers in Northern Scotland pay the lowest of any region in the UK for their energy. Subsequently, residents surrounding Liverpool are often charged the most of anywhere in the nation for their energy - sometimes paying up to 7.3% more per year.

The tariff in question - Spark Energy's Pay As You Go plan - is a variable rate tariff available exclusively for homes fitted with smart or prepayment meters. No early termination fees apply, and the plan features a Price Promise stipulating that Pay As You Go rates for an average user* will always stay at or below said tariff's Big 6 equivalent.

Spark Energy reports that the impending price changes surrounding their Pay As You Go tariff will take place automatically from 4 October, and customers needn't take any action; however, if you'd like to learn more about Spark Energy's price changes and how they may affect you, try using our 100% free and impartial energy comparison tool today.

*Average user calculation based on property consuming 18,200 KWh gas and 4000KWh electricity per year in post code B6 6HD

Posted on September 14, 2012 at 03:25 PM