SSE PLC (SSE.L)
16 Aug 2019
Latest Key Developments (Source: Significant Developments)
Aug 7 (Reuters) - UK'S OFGEM::UK'S OFGEM - ENERGY CAPS TO FALL THIS WINTER DUE TO LOWER WHOLESALE COSTS.UK'S OFGEM - LEVEL OF DEFAULT PRICE CAP, WHICH PROTECTS AROUND 11 MILLION DEFAULT TARIFF CUSTOMERS, TO FALL THIS WINTER BY £75.UK'S OFGEM - DEFAULT PRICE CAP IS SET TO FALL FROM £1,254 TO £1,179 FROM 1 OCTOBER FOR THIS WINTER PERIOD (OCTOBER-MARCH).UK'S OFGEM - ENERGY BILLS WILL FALL THIS WINTER FOR AROUND 15 MILLION HOUSEHOLDS WHO ARE PROTECTED BY THE PRICE CAPS.UK'S OFGEM - COMBINATION OF LOW DEMAND DURING WINTER, STRONG GAS SUPPLY, RELATIVELY HEALTHY STORAGE LEVELS HAVE PUSHED DOWN WHOLESALE PRICES.UK'S OFGEM - LEVEL OF PRE-PAYMENT METER CAP FALLS BY £25 FOR AROUND 4 MILLION CUSTOMERS AFTER METHODOLOGY IS BROUGHT INTO LINE WITH THE DEFAULT PRICE CAP.UK'S OFGEM - WHOLESALE ENERGY COST ELEMENT OF DEFAULT TARIFF CAP FELL BY £75 TO £446 WHILE OTHER COSTS, SUCH AS VAT & SUPPLIER PROFITS, FELL SLIGHTLY. Full Article
June 13 (Reuters) - SSE PLC
May 24 (Reuters) - SSEN::SSEN STATEMENT ON OFGEM’S RIIO-2 SECTOR SPECIFIC METHODOLOGY DECISION.REMAINS "VERY DISAPPOINTED" WITH THE PROPOSED COST OF EQUITY RANGE.RETAINS CONCERN OFGEM'S PROPOSED FRAMEWORK FAILS TO FULLY BALANCE STAKEHOLDER, CONSUMER NEEDS WITH NEED TO PROVIDE INVESTOR CONFIDENCE.IS CURRENTLY PREPARING TO SUBMIT ITS FIRST DRAFT BUSINESS PLAN FOR THE NEXT TRANSMISSION PRICE CONTROL. Full Article
May 22 (Reuters) - SSE PLC
May 8 (Reuters) - SSE PLC
April 27 (Reuters) - :SSE SPARKS MERGER TALKS OVER £1 BILLION RETAIL ARM - SKY NEWS.SSE HAS APPROACHED COMPANIES INCLUDING TALKTALK ABOUT A DEAL TO OFFLOAD ITS HOUSEHOLD SUPPLY ARM - SKY NEWS. Full Article
March 28 (Reuters) - Greencoat Renewables PLC
March 19 (Reuters) - SSE PLC
March 18 (Reuters) - Smart Metering Systems PLC
Feb 14 (Reuters) - SSE PLC
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