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SSE comments on the final level of the default tariff cap

06 Nov 2018
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SSE plc (SSE) notes Ofgem's confirmation of the final level of the default tariff cap.

Commenting on today’s announcement, Alistair Phillips-Davies, Chief Executive of SSE plc, said:

"We are disappointed with the level of the default tariff cap and do not believe it is cost-reflective or sustainable.

"SSE supports the development of a healthy, well-functioning competitive energy supply market and continues to believe that competition, not caps, best serves the long term interests of customers."

"SSE will carefully review the details associated with today's announcement."