Electricity supplier freezes prices 26/3/14
Electricity company SSE has announced it will freeze its prices until at least 2016.
The firm - which includes Hydro Electric - is the main energy supplier in the North
of Scotland. It says the move will shield their customers from rising energy costs.
The price freeze will hit profits but this will be met by cutbacks within the company.
SSE said about 500 jobs would go across the group.
The firm is calling for government to take energy taxes out of bills and be paid
for through general taxation instead.
Alistair Phillips-Davies, Chief Executive of SSE, said: “With today’s announcements
we’re recognising that delivering the lowest possible energy prices for our customers
has to be central to everything we do.
“We’re doing our bit but we don’t want to stop at 2016.
“So today we’re making clear once again that we wish to work with people to find
more ways of taking costs out of energy bills and, more specifically, to make sure
the cost of energy taxes is paid for fairly in a way that is proportionate to people’s
income and protects the vulnerable.
“In all of this, I hope that people will start to recognise SSE is not part of the
problem but part of the solution.”It said this would make energy bills cheaper and
protect those less able to pay.”