Who are SWALEC?
SWALEC (or SSE SWALEC) SSE’s trading name for Wales and means “South Wales Electricity”. SWALEC started out as one part of the South Wales Electricity Board in the energy market along with SWALEB. SWALEC, an energy supplier, was first sold to British Energy before being bought by EDF Energy. After which, SWALEC was bought by SSE in August 2000 for £210 million. SSE is a Scottish based energy supplier. It started out in 1947 as the Southern Electricity Board before it was renamed as Southern Electric. Later at the turn of the millennium it merged with the energy supplier Scottish Hydro Electric and since then multiple other energy suppliers have joined the ranks of SSE, including Swalec, Atlantic and Airtricity, all of which offer great energy deals to the consumer. Most recently SSE's customers have been bought out but the gas and electricity supplier, OVO Energy. To put this in context more than five million households are now being supplied gas and electricity by OVO, making it the second largest energy supplier after British Gas. OVO was granted the rights to the SSE brand, so while there will be a gradual transition to the new company, customers will be relieved to know that there won't be any sudden changes with their new supplier. A benefit of taking over the SSE brand is that OVO now covers more than just gas and electricity deals, but has diversified into home phone and broadband packages too as well as boiler cover. Furthermore SSE rewards its customers with access to early bird tickets as their sponsored venues, as well as discounts when customers buy energy and broadband bundles together. These money saving bundle discount could prove advantageous with rising wholesale energy prices and a new price cap in place.