The amounts to be paid to end users following the disruption during the Christmas storm has been increased by £3.3 million, now totalling £8 million. The energy regulator Ofgem has secured an additional £3.3 million for consumers after an investigation into how SSE Energy Networks and UK Power Networks handled the disruption caused by last winter’s storms. In addition, Ofgem … Read More
SSE announce annual profits rise of 9.6%
Scottish & Southern Energy announce pre-tax profits of £1.55bn for the year to 31 March. In a time when customer bills are being constantly increased, the energy giant and member of the Big Six announced a significant increase in profits during what it called a “challenging” time for the sector. Earlier in the year, the company announced the longest energy … Read More
SSE announce winter price rise
The energy supplier’s price rise will affect 7 million domestic customers, and signals price rises for businesses too. The increase will be around 8.2%, and come into effect on November 15. In the South East, customers will see hikes as high as 9.7% while in the North and southern Scotland people will face a smaller 7% rise.
Ofgem fines SSE £10.5 million for mis-selling
Scottish & Southern Energy (SSE) have been found guilty of the most widespread case of mis-selling in the history of the UK utilities market. The energy giant was found guilty of cultivating an internal culture of lying and misleading customers over the phone and on the doorstep. Ofgem, the energy regulator has called it the most “prolonged and extensive” case … Read More