SSE electricity and gas

SSE Joins EON to Cut U.K

SSE Plc became the second of the U.K.’s six biggest utilities to cut household natural gas prices this year after wholesale costs plunged to their lowest since 2010.

The Perth, Scotland-based company’s 5.3 percent price reduction, effective from March 29, will reduce annual energy bills by an average of 32 pounds ($46), SSE said Wednesday in a statement. EON SE’s U.K. unit was the first supplier in this latest round to announce price cuts on Jan. 20. Neither utility has cut electricity bills.

Consumer lobby groups have criticized utilities for not passing on to customers a 34 percent drop in wholesale gas prices in the U.K. last year. Utilities say they don’t pass on the full extent of declines or increases in the wholesale market because they have to cover fixed costs.

“SSE has taken a step in the right direction and I urge other suppliers to follow suit, ” said Amber Rudd, secretary of state for energy and climate change, said in a statement.

The U.K.’s Competition and Markets Authority is investigating U.K. energy companies in an industrywide probe into competition among suppliers that started in June 2014.

“While recent price cuts by EON are a step in the right direction, we believe there is scope for further cuts to energy bills by suppliers, ” Dermot Nolan, the chief executive officer of the U.K.’s Office of Gas and Electricity Markets, said Wednesday.

SSE last cut prices by 4.1 percent in January last year.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE
IWATANI IWATANI cassette gas stove high-power type (easy to carry, for indoor use only) CB-STV-HPR2
  • Size: about width 349 × depth 280 × height 408mm / body weight: about 4.1kg (not including cassette gas)
  • Material Material: Body / SPCC (cold rolled rolled sheet) + powder coating, handle-plug fitting knob / ABS (acrylonitrile-butadiene-styrene) resin, burner / stainless
  • Country of origin: Vietnam
  • Calorific value: about 1.35kW (1150kcal / h or equivalent) / gas consumption: about 98g / h, continuous combustion time: about 2 hours and 30 minutes Ignition system:...
  • Japanese manual URL (PDF):
Tefal Tefal both hands pot stew pan "Comfort Max" IH stainless 20cm C99544
Toy (Tefal)
  • Size: Width 33.9 × depth 21.2 × height 16.5cm
  • Body weight: 1.37kg
  • Material Material: Body / Stainless 18-10, bottom / stainless 18-10, aluminum, stainless steel 18-0, handle / phenolic resin, the lid / tempered glass, Futatsumami...
  • Country of origin: China
  • For heat: gas, electricity plate coil, ceramic heater, halogen heater, electromagnetic cooker (IH), 100V-200V correspondence
US Gifts Hydrogen Torch System, Single Torch
Home Improvement (US Gifts)
  • Model or style no. - L45
  • Power - 110 volts
  • Dimensions - 11-1/4 W x 9 D x 11-7/16 H (285 x 230 x 290mm)
  • Capacity - 45 liters/hour
  • Country of origin - Italy
Nice Day Heat Warm fever I had a 2-ply blanket single Ivory 40220108
Home (Nice Day)
  • Size: 140 × 190cm
  • Body weight: about 1.3kg
  • [Material] Surface: 100% fluff part polyester, ground part 100% polyester Lining: 100% fluff part polyester, 85% rayon 15% ground part polyester (HeatWarm use)
  • Country of origin: China
Related Posts