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Uswitch comments on SSE’s preliminary annual results

Responding to the news that operating profits for SSE’s retail energy supply business have risen to £368.7m this year from £246.2m last year, Ann Robinson, Director of Consumer Policy at Uswitch.com, says: “The news that profits have soared will not go down well with many SSE customers, especially given higher winter bills following the cold winter.

“With the threat of a Labour price freeze now off the table, the big six have officially run out of excuses for not making proper, double-digit reductions to customers’ bills, following significant reductions in the cost of wholesale energy.

“The modest cuts by the big six so far this year have simply not gone far enough, and the fact remains that SSE was the last of the big six suppliers to implement a standard gas tariff reduction this year.

“Given falling wholesale energy prices, suppliers must do the right thing and urgently make further cuts to the price of gas and electricity for hard-pressed consumers.”

For more information visit http://www.uswitch.com/ or call 0800 093 06 07

FOR MORE INFORMATION

Jason Wakeford

Phone: 0203 872 5612

Email: jason.wakeford@uswitch.com

Twitter: @UswitchPR

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Uswitch is the UK’s top comparison website for home services switching. Launched in September 2000, we help consumers save money on their gas, electricity, broadband, mobile, TV, and financial services products and get more of what matters to them. Last year we saved consumers over £373 million on their energy bills alone.

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