Electricity retail

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Centrica profits double as British Gas picks up 700,000 customers

Centrica has reported a more than doubling of its adjusted operating profit from £447 million to £948 million in its preliminary financial results for 2021. Announcing the results for the year ending on 31 December, the British Gas owner revealed its retail arm had acquired around 700,000 customers through the Supplier of Last Resort (SoLR) process as the energy crisis saw off around 30 suppliers in 2021 alone.

3 years ago

Time to deliver: Next-day switching piles pressure on utility address management

3 years ago

PPM customers will be ‘profoundly unimpressed’ with bill rebate

3 years ago

The price isn’t right for the future of switching

3 years ago

Making fans of wind turbines

3 years ago

Membership opens for ‘world’s largest’ consumer-owned wind farm

3 years ago

Ofgem appoints SoLR for Whoop Energy and Xcel Power

3 years ago

Ofgem confirms double supplier failure

3 years ago

EDF Energy reports sharp decline in earnings as energy crisis bites

3 years ago

Switching is no longer Ofgem’s ‘holy grail’

3 years ago

Quarterly RO payments could have reduced mutualisation bill by 67%

3 years ago

SSEN and Eon to pilot resilience as a service project

3 years ago

January smart meter installations down 25% on 2020

3 years ago

Wholesale energy market needs ‘wholesale reform’

3 years ago

Bill rebates will leave suppliers and generators ‘unscathed’

3 years ago

Penrose: Competition can take the politics out of energy

3 years ago

Devolved governments outline energy bill support

3 years ago

Weekend press round-up: Minister says price cap is ‘here to stay’

In the latest round-up of the weekend's papers, energy minister Greg Hands says the price cap is "here to stay", water companies are found to be releasing sewage into reivers more than 1,000 times a day, and Northern Powergrid apologises for a trillion-pound storm compensation error.

3 years ago

Rebate should be given as grant to vulnerable PPM customers

3 years ago

Leaky homes leave marginal seats exposed to energy prices

3 years ago