About
Who is Scottish Power Business?
Scottish Power was founded in 1990 from the privatisation of the South of Scotland Electricity Board. Acquired by the Spanish utility group Iberdrola in 2007, it is one of the historic UK Big Six and today supplies more than five million homes and businesses across England, Scotland and Wales. The Scottish Power Business division specifically serves over 200,000 SME and commercial premises with gas and electricity contracts. Scottish Power was the first Big Six supplier to go 100% renewable on domestic electricity in 2018 and is one of the UK's largest onshore wind generators through its parent Iberdrola.
Registered as Scottish Power Energy Retail Limited, Scottish Power Business uses this legal name for Ofgem licence filings, B2B contracts and any formal communications. The trading name customers see on invoices is the shorter, recognisable form.
The company is headquartered in Glasgow, where it runs its commercial operations, account management and regulatory liaison with Ofgem.
Scottish Power Business was established in 1990. A longer track record means more years operating under Ofgem rules and a wider history of business-customer relationships.
Scottish Power Business is part of the Iberdrola (Spain) group, which provides shared governance, financial backing and a wider pool of expertise in wholesale trading, hedging and regulatory work.
The company is regulated by Ofgem, and complaints fall under the Energy Ombudsman alternative dispute resolution scheme,but only for microbusinesses with under 10 staff and under £2m turnover. Larger I&C customers must take complaints through commercial dispute resolution.