SWALEC
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SWALEC was an electricity supply and distribution company in South Wales, established in 1989 following the de-regulation of the electricity supply industry in the United Kingdom. The business has seen several changes of ownership from 1996, and the SWALEC brand has been used for retail gas supply as well as electricity. Today
Western Power Distribution Western Power Distribution was the trading identity of four electricity distribution companies in the United Kingdom: WPD South West (operating in South West England), WPD South Wales (in South Wales) and WPD Midlands (two companies, in the E ...
runs the distribution network business, and SWALEC Contracting is a trading name of
OVO Energy OVO Energy is a major energy supplier based in Bristol, England. It was founded by Stephen Fitzpatrick and began trading energy in September 2009, buying and selling electricity and gas to supply domestic properties throughout the UK. By Ju ...
.


Predecessor

The South Wales Electricity Board (SWEB) was formed in 1948 under the
Electricity Act 1947 The Electricity Act 1947 (10 & 11 Geo. 6. c. 54.) was an Act of the Parliament of the United Kingdom which nationalised, or bought into state control, the electricity supply industry in Great Britain. It established a central authority called t ...
, which brought about the nationalisation and merger of local authority and private electricity companies. The SWEB was responsible for the purchase of electricity from the electricity generator (the
Central Electricity Generating Board The Central Electricity Generating Board (CEGB) was responsible for electricity generation, transmission and bulk sales in England and Wales from 1958 until privatisation of the electricity industry in the 1990s. It was established on 1 Janu ...
from 1958) and the distribution and sale of electricity to customers. The key members of the Board were: Chairman W.D.D. Fenton (1964, 1967), Deputy Chairman H. Pryce-Jones (1964, 1967), full-time member William E. Richardson (1964, 1967). The number of customers supplied by the Board was: The amount of electricity, in GWh, sold by South Wales Electricity Board was:


Formation

SWEB was privatised in 1989 as South Wales Electricity, one of the regional companies created by the
Electricity Act 1989 The Electricity Act 1989 (c. 29) provided for the privatisation of the electricity supply industry in Great Britain, by replacing the Central Electricity Generating Board in England and Wales and by restructuring the South of Scotland Electricit ...
. The company soon began to use the SWALEC brand.


Purchase and breakup

The business was bought in 1996 for £872m by newly privatised company
Welsh Water Welsh may refer to: Related to Wales * Welsh, referring or related to Wales * Welsh language, a Brittonic Celtic language spoken in Wales * Welsh people People * Welsh (surname) * Sometimes used as a synonym for the ancient Britons (Celtic peopl ...
, which rebranded itself as
Hyder Hyder can refer to: Places *Hyder, Alaska, U.S. **Hyder Seaplane Base *Hyder, Arizona, U.S. **Hyder Valley *Hyder Creek, is a river in New York, U.S. Other uses *Hyder (defunct company), a former Welsh utility company **Hyder Consulting, a subsid ...
. The business plan was to make significant logistical savings by combining the field activities of electricity and water supply operations by co-locating in fewer offices and operational depots. In 1997 SWALEC Gas was set up to take advantage of the deregulation of the gas market in the UK which took place in stages from 1997 to 1998. An advertising campaign was launched featuring Wimbledon F.C. and
Wales Wales ( cy, Cymru ) is a country that is part of the United Kingdom. It is bordered by England to the east, the Irish Sea to the north and west, the Celtic Sea to the south west and the Bristol Channel to the south. It had a population in ...
footballer
Vinnie Jones Vincent Peter Jones (born 5 January 1965) is a British actor, presenter, and former professional footballer. Jones played professionally as a defensive midfielder from 1984 to 1999, notably for Wimbledon, Leeds United, Sheffield United, Chels ...
. Hyder encountered financial difficulties and in February 2000 the retail electricity and gas business under the SWALEC brand was sold to
British Energy British Energy was the UK's largest electricity generation company by volume, before being taken over by Électricité de France (EDF) in 2009. British Energy operated eight former UK state-owned nuclear power stations and one coal-fired power ...
for a reported £105m. The sale included the SWALEC retail brand, whilst Hyder retained the SWALEC electricity distribution business (i.e., running the electricity network) which was renamed Infralec. In August 2000
Scottish and Southern Energy SSE plc (formerly Scottish and Southern Energy plc) is a multinational energy company headquartered in Perth, Scotland. It is listed on the London Stock Exchange, and is a constituent of the FTSE 100 Index. SSE operates in the United Kingdom and ...
(SSE) agreed to buy the electricity and gas supply businesses from
British Energy British Energy was the UK's largest electricity generation company by volume, before being taken over by Électricité de France (EDF) in 2009. British Energy operated eight former UK state-owned nuclear power stations and one coal-fired power ...
for a reported price of £210m. In September 2000,
Western Power Distribution Western Power Distribution was the trading identity of four electricity distribution companies in the United Kingdom: WPD South West (operating in South West England), WPD South Wales (in South Wales) and WPD Midlands (two companies, in the E ...
bought
Hyder Hyder can refer to: Places *Hyder, Alaska, U.S. **Hyder Seaplane Base *Hyder, Arizona, U.S. **Hyder Valley *Hyder Creek, is a river in New York, U.S. Other uses *Hyder (defunct company), a former Welsh utility company **Hyder Consulting, a subsid ...
for £565 million, sold Welsh Water and renamed Infralec to WPD South Wales. SSE continued to use the SSE SWALEC brand name for the supply of electricity and gas in Wales. Following the sale of SSE's retail business to
OVO Energy OVO Energy is a major energy supplier based in Bristol, England. It was founded by Stephen Fitzpatrick and began trading energy in September 2009, buying and selling electricity and gas to supply domestic properties throughout the UK. By Ju ...
in 2020, SWALEC is a trading name of OVO. From 1992 to 2013 SSE was the sponsor of Wales WRU Challenge Cup, and the SWALEC name was attached to a range of league competitions and trophies administered by the
Welsh Rugby Union The Welsh Rugby Union (WRU; cy, Undeb Rygbi Cymru) is the governing body of rugby union in the country of Wales, recognised by the sport's international governing body, World Rugby. The WRU is responsible for the running of rugby in Wales, o ...
.


References

{{Area Electricity Board Defunct electric power companies of the United Kingdom Former nationalised industries of the United Kingdom SSE plc Energy companies of Wales