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We published our half-year results for the year ending 30 September 2013 on 13 November, announcing a year-on-year drop in Group profits of 12% and an operating loss of £115m in our Energy Supply Business.You can view the presentation again by clicking the link below.
Following the announcement by the UK government that it is to consult on proposals to reduce the future costs associated with ECO and to facilitate other measures to reduce the cost of electricity and gas for customers, SSE can confirm that it will pass any resulting savings on to customers before the end of the current financial year.
26.0p interim dividend to be paid on 21 March 2014Dividend information page »
We are the only company listed on the London Stock Exchange that has economically-regulated businesses like networks and market-based businesses like electricity generation and energy supply in the UK.
Our core purpose is to provide the energy people need in a reliable and sustainable way; and our strategy is to deliver sustained real growth in the dividend.
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 supply electricity and gas to over 10 million homes and businesses throughout Great Britain and Ireland.
The 24th Annual General Meeting (AGM) of SSE plc was held at the Perth Concert Hall on the 25 of July.Full details of this event, and previous shareholder meetings, are available using the link below.
SSE's annual report for the financial year ending 31 March 2013.
Our first commitment is to ensure energy supplies are safe and reliable. But we also provide real, practical support which we hope will bring lasting benefit to communities in a number of ways.
Clyde has the largest wind farm Community Investment Fund in Scotland which is expected to be worth around £22million (£875,000 a year for the lifetime of the wind farm).
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We are always looking at how we can help low-income customers who experience difficulties in meeting their energy costs. While inadequate income is the fundamental cause of people struggling to pay their bills, we know we have a part to play in helping to ease the situation.
Helping households to use energy efficiently is a sustainable way to support customers who struggle to pay for their gas and electricity. We do this by offering:
The Warm Home Discount scheme was introduced by the government in the Energy Act 2010. It's a four year scheme which aims to provide a yearly rebate against electricity costs to vulnerable customers on a low-income. The Warm Home Discount scheme replaces the winter rebates and the energyplus Care social tariff we offered fuel poor customers in the past.
Identifying and reaching low income households can be complex. Data protection legislation safeguards personal information, but it can make it difficult for people in need to get help. To try to overcome this, we took part in a data-matching exercise with the Department for Work and Pensions. This initiative identified customers proactively and gave them a rebate without compromising their data. We are developing this further in the year ahead.
We work closely with the Bureaux to help advisers to identify and assist vulnerable customers on energy issues. Through these links we can contact customers who are having difficulty paying or understanding their bills and offer help at an earlier stage.
Our meter readers are an important link to our customers as they visit people’s homes regularly. We are working with our meter readers to develop their role in several ways, so they can provide a wider service to our customers when they visit. We are helping meter readers to recognise signs that a customer may be struggling to pay their bills and make them aware of the ways in which we can help. This allows us to support customers who may not have asked for our help.