SP — Scottish Power Bank Charge Explained

SP on your bank statement may relate to Scottish Power, which is listed in the Utilities category. ScottishPower is a UK energy supplier offering gas and electricity nationwide and is part of the Iberdrola group. A recurring charge is usually your monthly energy Direct Debit, which is adjusted as your usage or tariff changes.

What Is the SP Charge?

SP may relate to Scottish Power, which is listed in the Utilities category.

ScottishPower is a UK energy supplier offering gas and electricity nationwide and is part of the Iberdrola group. A recurring charge is usually your monthly energy Direct Debit, which is adjusted as your usage or tariff changes. It typically appears as SCOTTISHPOWER or SCOTTISH POWER.

SP is how this charge may appear on your bank or card statement.

How Do I Cancel a SP Charge?

  1. Identify the charge: Confirm the charge is from Scottish Power by checking your email for a receipt or logging into your account on their website.
  2. Cancel a recurring payment: If this is a recurring payment you no longer want, log in to your Scottish Power account and cancel it in your account settings before the next billing date.
  3. Contact the merchant: If you recognise the merchant but have a question about the charge, contact Scottish Power directly using the details on this page.
  4. Contact your bank: If the merchant does not resolve the issue, contact your bank or card issuer using the number on the back of your card. They can explain what options may be available and what information they need.

What Other Names Does Scottish Power Use on Bank Statements?

Scottish Power may also appear on your statement as:

Frequently Asked Questions About SP

What is SP on my bank statement?

SP is a bank statement transaction code that may relate to Scottish Power, which is listed in the Utilities category. ScottishPower is a UK energy supplier offering gas and electricity nationwide and is part of the Iberdrola group. A recurring charge is usually your monthly energy Direct Debit, which is adjusted as your usage or tariff changes. It typically appears as SCOTTISHPOWER or SCOTTISH POWER. This descriptor appears because banks display a shortened payment code instead of the full company name.

Why is SP on my bank statement?

SP is how this charge may appear on your bank or card statement.

How do I cancel SP?

If this is a recurring payment you no longer want, log in to your Scottish Power account and cancel it in your account settings before the next billing date. If you recognise the merchant but have a question about the charge, contact Scottish Power directly using the details on this page. If you do not recognise this entry, contact your bank or card issuer and ask them to confirm the transaction and merchant details. Only you and your bank can confirm whether a payment was authorised.

Related charges

For more information about Scottish Power and all its known transaction codes, visit the Scottish Power merchant page.