Southern Electric
Encyclopedia
Southern Electric plc was an electricity company in the UK. It is listed on the London Stock Exchange
as SSE (Scottish and Southern Energy PLC.). Southern Electric merged with Scottish Hydro-Electric plc in 1998 forming SSE. Since then SSE bought SWALEC (what was South Wales Electric Company) and Atlantic Electric and Gas. SSE is now the UK's second largest Gas and Electricity supplier with over 9 million customers.
. The board's assets passed to Southern Electric plc in 1990, one of the fourteen Public Electricity Suppliers, and was privatised in the same year. In 1998 the company merged with Scottish Hydro-Electric plc and became part of Scottish and Southern Energy.
in the south of England
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London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
as SSE (Scottish and Southern Energy PLC.). Southern Electric merged with Scottish Hydro-Electric plc in 1998 forming SSE. Since then SSE bought SWALEC (what was South Wales Electric Company) and Atlantic Electric and Gas. SSE is now the UK's second largest Gas and Electricity supplier with over 9 million customers.
History
The company originated as the Southern Electricity Board, created in 1948 as part of the nationalisation of the electricity industry by the Electricity Act 1947Electricity Act 1947 (UK)
The Electricity Act 1947 was an Act of the Parliament of the United Kingdom that nationalised the numerous municipal and privately owned electricity generation and supply utilities in Great Britain...
. The board's assets passed to Southern Electric plc in 1990, one of the fourteen Public Electricity Suppliers, and was privatised in the same year. In 1998 the company merged with Scottish Hydro-Electric plc and became part of Scottish and Southern Energy.
Operations
The Southern Electric name is still used as a brand name by SSE plc for supplying gas and electricity in England and by Southern Electric Power Distribution PLC the Distribution Network OperatorDistribution Network Operator
Distribution network operators are companies licensed to distribute electricity in Great Britain by the Office of Gas and Electricity Markets....
in the south of England
England
England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental...
.
See also
- Companies merged into Southern Electricity Board (SEB)