Southern Electric plc was a
public limited energy company in the United Kingdom between 1990 and 1998, when it merged with
Scottish Hydro-Electric plc to form Scottish and Southern Energy plc (now
SSE plc). The company had its origins in the southern England region of the
British nationalised electricity industry. Created in 1948 as the Southern Electricity Board, in 1990 it was
privatised by being floated on the
London Stock Exchange.
History
The company originated as the Southern Electricity Board, created in 1948 as part of the
nationalisation
Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to pri ...
of the electricity industry by the
Electricity Act 1947. The board's assets passed in 1990 to Southern Electric plc, one of the fourteen
public electricity suppliers, and that company was privatised in the same year. In 1998 the company merged with
Scottish Hydro-Electric plc and became part of
Scottish and Southern Energy.
SSE used the "Southern Electric" name and logo for a time as a brand name for retail distribution of gas and electricity in the south of England, before replacing it with SSE branding. Following the purchase of SSE's retail business by
OVO Energy in 2020, the Southern Electric brand is a trading name of OVO Electricity Limited.
Southern Electricity Board
The key people on the board were: Chairman Henry Nimmo (1948–54), Chairman R.R.B. Brown (1964, 1967), Deputy Chairman W.B. Poulter (1964, 1967), full-time member A. W. Bunch (1967).
The number of customers supplied by the board was:
The amount of electricity, in GWh, sold by the Southern Electricity Board over its operational life was:
Operations
The Southern Electric name continues to be used by SSE's subsidiary Southern Electric Power Distribution plc, the
distribution network operator in the south of England.
In April 2013 the UK electricity market regulator
OFGEM fined Southern Electric £10.5 million for breaches of conduct in relation to mis-selling, from the top of the business down.
Ofgem fines SSE £10.5m for mis-selling
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See also
* Companies merged into Southern Electricity Board (SEB)
References
{{Area Electricity Board
Electric power companies of the United Kingdom
Utilities of the United Kingdom
Former nationalised industries of the United Kingdom
Companies based in Berkshire
Non-renewable resource companies established in 1990
Companies disestablished in 1998
1990 establishments in England
1998 disestablishments in England