SOURCE: Scottish Power PLC

February 09, 2006 11:22 ET

Scottish Power PLC announces Scottish Power to Raise Prices

GLASGOW, UK -- (MARKET WIRE) -- February 9, 2006 --

SCOTTISHPOWER TO RAISE PRICES FROM MARCH AS A RESULT OF SOARING WHOLESALE COSTS

ScottishPower today announced higher gas and electricity prices. From 1 March 2006 electricity prices will rise by 8% and gas by 15%.

Willie MacDiarmid, Director of Energy Retail, said: "Wholesale energy costs are now at record levels, up by around 80% over the last 12 months. We have worked hard to protect our customers from this over the winter. However, we now need to pass on a further part of the increased costs from March when milder weather should help lessen the impact on bills."


Further information:


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Anthony Cardew    Cardew Group             0207 930 0777 or 07770 720 389


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