Centrica has blamed the price cap on energy bills and tumbling natural gas prices for its bleak returns last year.
Continue ReadingBritish Gas Loses 107,000 Customers in Four Months—But Claims Success
Written by Lauren Smith in Energy Suppliers
British Gas owner Centrica lost 107,000 domestic accounts in the four months leading up to October, as the Big Six continues to lose…
Continue ReadingBritish Gas Owner Wins Legal Challenge to Energy Price Cap
Written by Lauren Smith in Energy Suppliers
Centrica has won a legal challenge against Ofgem’s surprise recalculation of the level of the energy price cap last year.
Continue ReadingBritish Gas and E.On have both announced its revenues for the first quarter of this year have been hit, with the energy price…
Continue ReadingBritish Gas owner, Centrica, has announced plans to launch a legal challenge against Ofgem’s energy price cap.
Continue ReadingBritish Gas Loses 372k Customers While Owner Centrica Predicts £70m Loss Due to Price Cap
Written by Harry in Energy Suppliers
Centrica, the owner of British Gas, is expected to lose £70m in the first quarter of 2019. They say the new cap on…
Continue ReadingCentrica, the owner of British Gas, announced that it lost a combined total of 110,000 gas and electricity accounts over the course of…
Continue ReadingCentrica Plans £100m of Investment in New ‘Innovations’
Written by Danny Lord in Energy Suppliers Smart Meters
Centrica, British Gas’ Spanish parent company, has announced that it will be launching a new unit dedicated to the funding and ‘incubating’ of…
Continue ReadingCentrica Set to Cut Jobs and Prepares for Pay Row at AGM
Written by George Gangar in Energy Suppliers
Centrica, the group that owns British Gas, has said that it will be cutting around 3,000 jobs this year in order to reduce…
Continue ReadingCentrica owned energy giant British Gas reported a 31% increase in 2015, bringing the total to £574 million for the year, compared to…
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