Ofgem welcomes the announcement today from Scottish and Southern Electricity Networks (SSEN), the electricity networks division of SSE plc, that it will make a voluntary contribution of £65.1 million to consumers.
This decision follows a review by SSEN of its performance under Ofgem’s RIIO-T1 (electricity transmission) price control and discussions with Ofgem.
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.
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