uSwitch.com: ScottishPower/Iberdrola merger

Geoff Slaughter, energy product manager at uSwitch.com, the independent online comparison and switching service, says: “The merger brings good news for the environment with Iberdola’s commitment to renewable energy, good news for competition as there will still be six major players in the market and good news for customers in that ScottishPower has promised business as usual.

“Putting this deal together has been a distraction for ScottishPower. But, now that the ink is dry, hopefully we will see the company turn its attention to delivering the much-awaited price cuts that Ofgem and its customers are calling out for.”

Slaughter concludes: “With ScottishPower’s proven track record of good customer service and value, we would expect it to make price reductions across the board and not just to its online tariff. Actions speak louder than words so this would provide customers with immediate reassurance of Iberdrola’s good intent.”