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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 supply electricity, gas and other energy services to some 9.5 million customers in the energy markets in Great Britain and Ireland, focusing on strong products, good service and value for money.
SSE has the greatest diversity in fuels for generating electricity among UK generators.
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 supply electricity, gas and other services to over 9.6 million domestic and business customers in the UK and Ireland.
Our role is to produce the electricity and gas customers need, and arrange for it to be distributed through the relevant networks, provide services such as metering and billing and promote efficient use of energy.We supply electricity and gas as:
Our responsible pricing policy ensures that we provide consistently competitive prices over the medium term, protecting our customers from the full impact of volatile wholesale prices.
In addition to energy customer accounts, we provide home services such as:
Our key goals in energy supply are to:
Using energy more efficiently is the fastest and most sustainable way of reducing customers' energy costs, sustaining supplies for the long term and securing reductions in emissions of carbon dioxide. We have obligations under the Carbon Emissions Reduction Target (CERT) and the Community Energy Saving Programme (CESP):
Our position as the customer service benchmark for the rest of the energy supply industry is illustrated by:
We believe that any type of poverty, including fuel poverty, results fundamentally from an individual or household having insufficient income. Nevertheless, we fulfil three key responsibilities in order to help customers who struggle to pay for their basic energy needs:
Southern ElectricScottish HydroSWALECAirtricityAtlanticSSE energy supply
Alistair Phillips-Davies, our Generation and Energy Supply Director, talks about changes in our supply business.