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Scottish Power out-of-contract rates, January 2025

Scottish Power Energy Retail Limited · Citizens Advice rank #7 of 16

Scottish Power out-of-contract rates 2025

When a fixed contract ends and a new one is not signed, supply continues at deemed or out-of-contract rates set by the supplier, typically materially higher than fixed-rate offers. Verify the regional figure on Scottish Power's own published schedule before relying on it.

Latest published rates

Effective 1 January 2025
Electricity
34.10p/kWh
Standing charge 230.30 p/day
Small business deemed, Standard rate, median of 14 supply areas
Effective 1 January 2025

Regional range 33.720 p/kWh (Midlands) to 36.110 p/kWh (Scottish Hydro), on a 203.78 to 270.70 p/day standing charge. Economy 7 is 34.190 p/kWh day and 29.660 p/kWh night at the median.

Source
Gas
10.42p/kWh
Standing charge 225 p/day
Small business deemed, median of 14 supply areas
Effective 1 January 2025

Regional range 10.270 to 10.650 p/kWh. The 225.00 p/day standing charge is the same in every supply area.

Source
Schedule effective
1 January 2025

21 months old. Scottish Power has not published a newer schedule.

We last checked
21 August 2026
Where these come from
Supplier's own published rate schedule

Scottish Power has not published a newer SME deemed schedule since 1 January 2025: the January 2025 PDFs are still the current files linked from their Business Pricing page. Rates vary by supply area, medians are shown for ranking.

Scottish Power deemed rates pageScottish Power business website

Last reviewed 21 August 2026. Always verify rates with the supplier before relying on them.

At a glance

SCOTTISHPOWER ENERGY RETAIL LIMITED (Companies House SC190287) is the licensed UK retail entity owned by Iberdrola SA (Spain). Registered office: 320, St. Vincent Street, Glasgow, G2 5AD. Latest filed turnover £4.7bn (year ending 2024) with 932 employees. Citizens Advice ranks Scottish Power #7 of 16 UK non-domestic suppliers in their most recent league table.

Last verified 7 May 2026 · Sources: Companies House (SC190287), Citizens Advice non-domestic league table, Ofgem licence register.

Scottish Power business contact

Direct lines for business customers

Phone
0345 058 0002
Email
contactus@scottishpower.com
Contact page
Open on Scottish Power

Sourced from Scottish Power's official contact page. Verify before relying on these details for billing or contract-end disputes.

Scottish Power is the UK retail business of Iberdrola, the Spanish utility group. The company supplies gas and electricity to UK businesses and households, and has a substantial generation portfolio behind its retail book including significant onshore and offshore wind.

Parent
Iberdrola SA (Spain)
Founded
1990
Headquarters
Glasgow
Revenue 2023
£9.5bn

Scottish Power business profile

Independent company data for the licensed retail entity, drawn from the latest filed accounts and statutory registers. Refreshed monthly. Not a credit recommendation.

Last refreshed 7 May 2026

Risk band
Caution
Score 49/100
Moderate profile. Worth reviewing recent filings before committing to long terms.
Recommended credit limit
£6.4m
Provider's guidance, not a Purely Energy recommendation.
Turnover (latest filed)
£4.7bn
Year ending 31 December 2024
Total assets
£1.6bn
Creditor days 11
Headcount (filed)
932
As of 31 December 2024
Growth score
61/100
Next accounts due
30 September 2026

5-year financial trend

Turnover CAGR +6.2% over 4 years

Year endingTurnoverYoY
31 December 2024£4.7bn-38.4%
31 December 2023£7.6bn+19.9%
31 December 2022£6.3bn+58.3%
31 December 2021£4bn+8.6%
31 December 2020£3.7bn-

Sourced from filed accounts at Companies House. YoY = year-on-year turnover change. CAGR = compound annual growth rate across the window shown.

Latest filed profit and loss

Year ending 31 December 2024

Turnover
£4.7bn
Gross profit
£1.1bn
Operating profit
£551m
Pre-tax profit
£473m
EBITDA
£622m

Registered office

320, St. Vincent Street, Glasgow, G2 5AD

Auditor

KPMG LLP

Active officers· 24 on the public register

Plus 14 more on the public register.

Industry (SIC07)

  • 35120: Transmission of electricity · ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY
  • 35140: Trade of electricity · ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY
  • 35220: Distribution of gaseous fuels through mains · ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY
  • 35110: Production of electricity · ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY
  • 35120: Transmission of electricity · ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY

Trading history and former names

  • RANDOTTE (NO. 464) LIMITED, 1998 to 1998
  • SCOTTISHPOWER ENERGY SUPPLY LIMITED, 1998 to 2001

County court judgements

3 on file

  • £1.2k · 10 March 2026 · THE COUNTY COURT ONLINE
  • £325 · 15 December 2023 · CIVIL NATIONAL BUSINESS CENTRE
  • £2.7k · 12 March 2019 · SWINDON

Public contact details

Telephone
+443452700700

Frequently asked

Scottish Power: questions answered

Who owns Scottish Power?

SCOTTISHPOWER ENERGY RETAIL LIMITED (Companies House number SC190287) is part of Iberdrola SA (Spain), incorporated on 14 October 1998.

What is Scottish Power's credit rating and financial position?

Based on the latest filed accounts at Companies House, SCOTTISHPOWER ENERGY RETAIL LIMITED has a credit score of 49/100, a derived risk band of Caution, a recommended credit limit of £6.4m, turnover of £4.7bn (FY24). Full figures and source filings are in the business profile section above.

What is Scottish Power's registered office and how do I contact them?

SCOTTISHPOWER ENERGY RETAIL LIMITED's registered office is 320, St. Vincent Street, Glasgow, G2 5AD. Public contact details: telephone +443452700700. For broker enquiries via Purely Energy, see the contact panel above.

What are Scottish Power's turnover and financial accounts?

SCOTTISHPOWER ENERGY RETAIL LIMITED's most recently filed accounts (year ending 2024) show turnover of £4.7bn, operating profit of £551m, total assets of £1.6bn, 932 employees. Annual accounts are filed at Companies House and refreshed in our profile monthly.

What are Scottish Power's out-of-contract rates for businesses?

As of 2025-01-01, Scottish Power's out-of-contract rates are electricity at 34.105p/kWh with a 230.3p/day standing charge; and gas at 10.42p/kWh with a 225p/day standing charge. Rates vary by region and meter type — verify on Scottish Power's own published schedule before relying on them.

Is Scottish Power safe for business customers?

SCOTTISHPOWER ENERGY RETAIL LIMITED holds a valid Ofgem electricity and gas supply licence, files audited accounts at Companies House, with latest turnover of £4.7bn, ranked #7 of 16 in Citizens Advice's most recent non-domestic supplier league table, 3 county court judgements on file (see the risk signals above). We do not give financial advice; verify the latest filings and any recent enforcement actions before signing a long-term contract.

How does Scottish Power score on the Citizens Advice complaints league table?

Citizens Advice ranked Scottish Power #7 of 16 in their most recent quarterly non-domestic supplier league table, with a complaints score of 242.5 per 10,000 customers. Lower numbers are better. The table is published quarterly and is the most cited independent measure of UK non-domestic supplier service quality.

Can I get a fixed business gas or electricity quote from Scottish Power via Purely Energy?

Yes. As an independent broker we tender against Scottish Power alongside 30+ tier-1 UK suppliers. Each quote breaks the unit price into wholesale energy, non-commodity costs, supplier margin, and our broker margin so you see exactly what you are paying. Request a comparison via the buttons above.

Sources and references

We are an independent UK B2B energy broker. Profile data is sourced from the public registers above and refreshed monthly. Not a credit recommendation. Verify recent filings before relying on any figure.

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