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Business Today in 2 Minutes: Dip in Power

February 1, 2007
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SCOTTISH & Southern Energy has signalled its intention to cut prices for the first time in six years.

The group, which supplies power as Southern Electric, Swalec, Scottish Hydro Electric and Atlantic Electric and Gas, told its seven million domestic customers falling wholesale gas prices meant it expected to cut tariffs in the next few months.

(c) 2007 The Journal – Newcastle-upon-Tyne. Provided by ProQuest Information and Learning. All rights Reserved.