SSE freezes standard tariff energy prices until April 2017

SSE freezes standard tariff energy prices until April 2017
 

SSE, one of the big six energy firms, has announced a price freeze for standard rate customers until April.
The company, which has eight million customers, is the first major supplier to announce a price cap this winter.
The news follows an announcement earlier this week by the Business Secretary, Greg Clark, that he would be investigating profits in the industry.
That followed newspaper claims that energy firms might be enjoying larger profit margins than they have admitted.
Across the industry, two-thirds of energy customers are on standard variable tariffs, even though fixed rates are... read more

 
18 November 2016 in Business, Views: 51
Source: BBC
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