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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 own around 13,000 megawatts of electricity generation capacity, distribute electricity to 3.5 million homes and workplaces and supply electricity, gas and other services to over 10 million customers.
In December 1998 we were formed with the merger of Scottish Hydro Electric and Southern Electric.
We provide services from street lighting maintenance to gas storage and telecoms networks, all designed to help customers from large local authorities to householders meet their energy and utility needs.
We distribute electricity to 3.5 million homes and businesses across one third of the UK’s total land area.
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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The framework within which the energy industry operates is set by Government. If Government wishes to implement changes to this framework to achieve certain objectives then it will develop policies and implement these through a combination of legislation and regulation.These policies can have far-reaching consequences for both the UK as a whole, and the businesses which operate there. As such SSE, along with a variety of other industry stakeholder, regularly engages with Government departments to discuss policy proposals in detail to try and ensure that the overall framework for the UK energy market is improved and that policies deliver their objectives effectively.There are three major areas of the energy market on which policy is focussed: