SSE announces plans to hold prices

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Scottish and Southern Energy (SSE) has announced that it plans to hold the prices of its domestic gas and electricity tariffs until at least the start of British Summer Time.

The company made the decision after several rival energy suppliers announced increases in their energy costs.

However, the energy provider has stated that it is planning to wait until after winter - which is when households use the most energy - before reviewing the price of their tariffs.

Alistair Phillips-Davies, who is energy supply director of SSE, said: "We want to continue to stand between our customers and the worst effects of the sustained rise in wholesale energy prices and other upward pressures on domestic prices that are again being experienced.

"We're also working very hard to ensure that we can keep prices as low as possible for as long as possible."

In past three weeks, British Gas, EDF Energy and npower have all blamed rising wholesale energy prices on their decisions to increase the cost of their household gas and electricity tariffs.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.

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