Scottish & Southern Energy Plc has confirmed that 2007 will see it raise its prices for domestic electricity and gas by 9.4% (average) and 12.2% respectively. The prices will take effect on 1st January 2007.
SSE has been the most reluctant of the gas and electricity suppliers to raise its prices in the last year three years which have seen rising wholesale energy costs. Following the price increases, SSE gas and gas and electricity prices combined will still be the lowest in the UK.
The Energy Supply Director of SSE, Alistair Philips Davies said in a statement: As we said last week, it is well known that we have made fewer price increases than all the other major energy suppliers over the past three years and that we have passed on to our customers far less than the full extent of the increase in wholesale energy prices experienced in that period. The consequences of three years of high wholesale energy prices are, however, still being felt.â€