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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Sse Plc | LSE:SSE | London | Ordinary Share | GB0007908733 | ORD 50P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -17.00 | -1.02% | 1,650.00 | 1,650.50 | 1,651.50 | 1,671.00 | 1,648.50 | 1,664.50 | 2,413,167 | 16:35:05 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Electric Services | 12.49B | -60.6M | -0.0555 | -297.48 | 18.04B |
From Apr 2019 to Apr 2024
By Ian Walker
The U.K. energy regulator Ofgem said Wednesday that it is proposing new price controls that will cut household bills by between 15 pounds ($20.82) and GBP25 a year from 2021.
The proposal will also lower returns for investors Ofgem said, noting that if it were in force today the equity range--or amount energy companies pay their shareholders--would be between 3% and 5%.
Ofgem said it will finalize the new regulatory framework for setting the next price controls this summer, and expects its final ruling to be published by the end of 2020.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
March 07, 2018 02:56 ET (07:56 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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