Scottish and Southern Energy said Friday it will cut retail prices for electricity by 9% and for gas by 4% from March 30th, citing lower wholesale energy prices.

SSE is the second U.K. supplier to cut its retail electricity and gas prices this year.

The company also said that it was on track to deliver the financial and operational goals for the period to March 31 set out in its last report. “The falls in wholesale energy prices, which started between July and October 2008, have been maintained and mean SSE is able to deliver its first cut in domestic energy prices since March 2007,” it said in an interim management statement. SSE said that the number of energy customers it has reached 9 million for the first time, up from 8.3 million previously.

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