19th Dec 2007 08:45
Scottish & Southern Energy PLC19 December 2007 SCOTTISH AND SOUTHERN ENERGY PLC GAS DISTRIBUTION PRICE CONTROL REVIEW Scotia Gas Networks ("SGN"), in which Scottish and Southern Energy ("SSE") has a50% stake, has decided to accept Ofgem's final proposals for the gasdistribution price control for 2008-13, subject to confirmation that the relatedlicence reflects the intent of the proposals. SGN has concluded that there is within the overall package of proposals,covering issues such as operational and capital expenditure, 'shrinkage' gas andmetering, enough scope to secure adequate revenue for the five years to 2013. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SSE