Energy Giant Set to Raise Prices Anger As Hike Threat Follows 42per Cent Surge in Household Bills

The HeraldNovember 12, 2009

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Summary


ONE of the six big UK energy companies has warned customers to expect price rises next year despite revealing a steep rise in profits.

Last night Scottish and Southern Energy (SSE) was criticised by politicians and consumer groups, who said further hikes could not be justified when expectations were that prices should fall.

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Energy Giant Set to Raise Prices Anger As Hike Threat Follows 42per Cent Surge in Household Bills

Scotland housing minister Alex Neil said it "beggars belief". He added: "There can be no justification for such a move. Energy companies should focus their efforts on reducing prices...

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