Energy Sec: SSE price rise 'clearly unwelcome news'

This is clearly unwelcome news for customers of SSE. People should take the opportunity now to make sure they are on the best deal available to them.

Half of an average energy bill is made up of the wholesale cost of energy.

This far outweighs the proportion of a bill that goes to help vulnerable households with their bills and to cut energy waste, and to encourage investment in the new low-carbon energy generation we need to keep the lights on.

SSE’s own figures show that wholesale price rises have contributed more than policy costs to this price increase, as a share of the bill.

– Ed Davey, Energy and Climate Change Secretary

Advertisement

Axing green policies 'foolish'

Calls for the Government to axe green policies in the hope of bringing down the price of energy are "short-sighted and foolish", Business Secretary Vince Cable said. Energy company SSE increased tariffs yesterday by an average of 8.2% from November.