SSE loves rises: Energy price rises help push the CEO’s pay to £4.5m this year (a 47% increase), following on from a 72% rise in his pay!

8 comments
  1. Maybe if we continue the economic war with Russia and increase sanctions further we can get that CEO’s pay to £5m.

    I think we can do it guys !

  2. Seems a bit pointless even bothering with the clarification at this point, but he’s not the CEO of SSE in Ireland and the Irish energy prices increases aren’t what’s generating profit for the group, but the value of the gas they extract, whose price has shot up in response to the shortage created by the Russian invasion.

    Like, SSE and the rest of the Irish energy suppliers are mostly just resellers of gas, competing with each other to land us as customers and to get optimal contracts for lower price gas. They were charging me 100 a month last year for 95 quids worth of gas. This year, it’ll be 400 for 395 quids worth of gas. (Crudely, obviously, but even looking at BGs half year results in Ireland, their profits didn’t increase with their two price increases earlier in the year).

  3. My energy bills with this firm went from 104 pounds a month to 328 pounds from October, when I mentioned I would struggle to pay that and would need to cancel my direct debit to my family had food on the table the operator said “refusal to pay would mean debt collection agencies will take over the debt and recover losses.” Imagine being told that by someone on the phones at SSE. Utter joke this company is.

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