Centrica sees record profit drop of 31% in 2020
British Gas owner Centrica saw its adjusted operating profit fall 31% in 2020, a record low according to its preliminary results.
British Gas owner Centrica saw its adjusted operating profit fall 31% in 2020, a record low according to its preliminary results.
Centrica has committed to electrifying its 12,000-strong operational fleet by 2025, five years earlier than it had previously aimed for.
British Gas has become the latest supplier to join Western Power Distribution's (WPD) vehicle-to-grid (V2G) trial, Electric Nation.
British Gas owner Centrica said electricity demand among its UK business customers was down by around 15% in the second half of 2020.
A significant step has been made by Centrica and unions, with the majority of workers accepting new contract terms.
Centrica has pushed back its controversial ‘fire and rehire’ plan to January 2021, in an effort to focus on negotiations and avoid strike action.
Centrica and Lotus have agreed a green electricity supply deal following the duo developing a new model for electric vehicle (EV) ownership.
Centrica has launched a new residential energy brand, designed to offer low-cost, digital-first energy it says.
Centrica’s British Gas has bought Robin Hood Energy’s customer base for an undisclosed sum.