ScottishPower has launched a new online product that will fix prices until November 2013*. With an average bill value of £1,052**, this product is the company’s cheapest energy product and one of the most competitively priced in the GB market today.

This new product has no cancellation charges and is available to customers who choose to manage their account online. It will also be available across a range of payment methods including monthly Direct Debit, variable Direct Debit and online Debit Card – offering customers’ a range of ways to budget and pay for their energy.

Neil Clitheroe, ScottishPower Chief Executive Officer (CEO), Retail and Generation said: “We are continually working to develop products that fit our customers’ needs.  We know household budgets are tight these days and the launch of this product will hopefully offer customers real value for money and the peace of mind that comes with fixing their prices.  The fact that this product also has no cancellation charges gives customers total flexibility.”

Further details on the new product are available at www.scottishpower.co.uk

*The Offer prices will remain fixed until 31st October 2013. The prices are fixed and will not change until 31st October 2013 but your Direct Debit and / or bill amount may vary depending on your gas and / or electricity usage. This offer is only available to No Standing Charge customers who take both gas and electricity or electricity only, pay their bills by monthly Direct Debit, variable Direct Debit or online Debit Card; their electricity meter is either a single or two rate meter and who manage their account online.

**Online Fixed Price Energy November 2013 – is ScottishPower’s cheapest available dual fuel product, correct as at 19th July 2012, based on a GB average domestic customer using 3,300kWh of Standard electricity and 16,500kWh of gas each year and paying by monthly Direct Debit. The comparison includes variably priced products that have prices that may go up or down and could become cheaper than Online Fixed Price Energy November 2013 during the lifespan of the product.