Scottish and Southern Energy Power Distribution (SSEPD) has today submitted proposals to deliver a 15% cut to its distribution costs in energy bills, invest billions of pounds in its local electricity networks and further improve support for vulnerable customers.
SSEPD, which is a subsidiary of SSE plc, is responsible for keeping the lights on for 3.75 million UK homes and businesses in central southern England and the north of Scotland. The proposals, for the period 2015 – 23, will be assessed by Ofgem who’s role is to ensure that companies running local electricity networks strike the right balance between investing in their networks and keeping costs down for customers
Increasing network reliability which is currently 99.9%, and protecting it from extreme weather is part of the proposals with plans to underground 500km of network in central southern England and reinforcing key areas in north west Scotland. Building on our work to prioritise the welfare for vulnerable households during a power cut is also part of our plans.
Stuart Hogarth, Director of Distribution said: “Our proposal to invest over £3.6bn in the networks will mean an even more reliable supply of electricity to our customers, at the same time as delivering a 15% reduction in our element of the electricity bill.
“On average, around a fifth of a customer’s total electricity bill is made up of electricity distribution costs, which, in our case, pay for the running, upgrade and maintenance of around 125,000km of power lines and underground cables and over 35,000 electricity substations.
“The local electricity network is key to promoting economic growth through the connection to the grid of new businesses and housing and also through the development and deployment of innovative technologies all of which enable SSEPD to keep customers bills down. We look forward to working with Ofgem and engaging with our customers on these proposals”.