ENERGY FOR THE HOME
ENERGY & SERVICES FOR BUSINESS
We remain on course to deliver an increase in the dividend per share, an increase in adjusted profit before tax for the financial year to 31 March 2012 and to deliver on its key operational goals.
Ofgem has today confirmed it is recommending that SSE’s electricity transmission business, Scottish Hydro Electric Transmission Ltd (SHETL), is fast tracked under the RIIOT1 process for the Transmission Price Control period April 2013 – Mar 2021.
We don’t seek to maximise profitability in any one year but to maintain and develop a sustainable business that serves customers, employs people and pays dividends over the long term.
In December 1998 we were formed with the merger of Scottish Hydro Electric and Southern Electric.
We’re the only energy company in the UK to be involved in electricity transmission, electricity distribution and gas distribution, giving us a diverse range of economically-regulated businesses.
We are the UK's second largest generation business, with a total capacity of just over 11,300MW.
We believe that the UK and Ireland needs to become less vulnerable to high oil and gas prices and to secure the supplies of energy people need in the future.
We announced our results to 30 September 2011 on Wednesday 9 November 2011. Listen to the webcast.
Ian Marchant, SSE's Chief Executive, and Gregor Alexander, our Finance Director, discuss different aspects of our half-year position.
Our latest annual report
We welcome enquiries from professional journalists and provide a 24-hour service for urgent enquiries.For more information, look at our media contacts section.
SSE and Shell Energy Europe (Shell) have agreed a 10-year gas supply agreement of 790mcm (292 Mth) per annum, commencing in 2015. This represents approximately 5% of SSE’s forecast typical annual gas requirements.
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