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SSE boss 'agrees with Miliband' as it freezes energy prices

The boss of energy firm SSE has told ITV News he "agrees" with Labour leader Ed Miliband over freezing energy prices. He admitted the firm, which has pledged not to raise domestic bills until 2016, has lost several hundred thousands of customers.

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Ed Davey: Big Six firms realising they must take action

The Energy Secretary welcomed today's announcement from SSE that it is freezing energy bills until January 2016. He said it should encourage other energy firms to follow suit.

This shows that the Big 6 are starting to realise they need to take big action if they want to keep their customers, who have been switching supplier in record numbers.

SSE have shown today that the big energy firms are able to cut their costs and profits, and be confident about their ability to weather potential uncertainty in the wholesale markets, to give billpayers long-term price security.

Customers of the others will be asking whether their suppliers will do the same. The Government encourages people to shop around for the best deal.

– Ed Davey, Energy Secretary

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