SSE-innogy appoint CEO for proposed joint UK energy company

Katie Bickerstaffe is currently the Chief Executive of Dixons Carphone UK and Ireland business

Former E.ON chief to join SSE board

Tony Cocker served as the CEO of E.ON since September 2011 until last year

SSE: Energy suppliers should have right to appeal price cap level

Chief Executive Alistair Phillips-Davies is also calling for greater clarity around the conditions under which a price cap would be removed

Competition watchdog investigates SSE-npower merger

The Competition and Markets Authority (CMA) has launched an investigation into the proposed merger of SSE Retail and npower. It will assess whether the new company, which would serve around 11.5 million domestic customers, could significantly reduce competition. The deal could possibly see the Big Six turn into a Big Five. The competition watchdog said: […]

UK watchdog rejects SSE, EDF’s appeal on transmission charges

The competition watchdog has dismissed EDF and SSE’s appeal against Ofgem’s decision on transmission charges. In 2016, SSE had requested a change to industry rules about charges paid by electricity generators for using the transmission system, which would have resulted in them receiving a £120 million rebate from National Grid. It argued generators in Britain […]

SSE loses 40,000 customers and continues npower talks

Big Six energy supplier SSE lost 40,000 customers over the past three months as households continued to switch away from larger providers to smaller rivals offering cheaper tariffs. The group suggested the energy market was facing “complex challenges” after its numbers of customers in the UK and Ireland dropped from 7.72 million to 7.68 million over […]

EDF and SSE appeal against Ofgem’s decision on transmission charges

EDF and SSE have appealed against Ofgem’s decision to reject a code modification on charges to generators for the electricity transmission system in 2015/16. The energy firms said electricity generators were overcharged for using the national transmission system that period and allege it is “unlawful”. Generators’ network charges in 2015/16 exceeded the €2.50 (£2.23)/MWh cap […]

MPs call for investigation into SSE-npower merger

The Business, Energy and Industrial Strategy (BEIS) Committee is calling for an investigation into the proposed merger between Big Six firms SSE and npower. It has written to the Competition and Markets Authority (CMA) to launch a probe as it is concerned the merger may lessen competition and affect energy consumers. The merger would reduce […]

Ofgem launches fresh investigation into SSE

Ofgem has launched an investigation into whether SSE’s messaging to its customers accurately reflects which are the supplier’s cheapest deals. The regulator will examine whether the Big Six supplier failed to provide accurate information about the cheapest tariffs that prepayment customers could switch to and make savings. Energy companies are obliged to tell their customers […]

SSE and npower agree domestic energy merger

SSE and npower have agreed to merge their domestic businesses to form a new energy giant. SSE’s shareholders will hold 65.6% of the stake in the new energy company while innogy, npower’s parent company, will hold a minority interest of 34.4%. innogy will also receive a break fee of £60 million if SSE’s shareholders fail […]