Scottish and Southern Electricity Networks (SSEN) has said it will give a voluntary contribution of £65.1m to consumers, after a review of the company’s performance during Ofgem’s RIIO-T1 (electricity transmission) price control period.
Ofgem said: “Network companies require a licence to operate, not just from the regulator, but from their own customers who must be confident they are getting good value for money… We would welcome other network companies to take similar steps by making voluntary contributions to consumers.”
Chief executive of Citizens Advice, Gillian Guy said: “Energy network companies have enjoyed £7.5bn unjustified profits at the expense of people overpaying on their bills, so it’s very welcome news that Scottish and Southern Electricity Networks (SSEN) have listened to our call to return money to its customers.
“As we head towards winter the prospect of rising energy bills will be weighing on the minds of many families and energy network firms are a key driver of these costs. It’s good to see SSEN leading the way by making a voluntary contribution to customers. We hope to see other energy network companies following suit soon.”