The energy company has announced major profits over the last 12 months (Picture: REUTERS)
British Gas owner Centrica has revealed its profits hit £3.3billion last year as millions of Brits struggled to heat their homes.
Operating profits were recorded at the company, up from £948m in 2021, and surpassing the previous highest-ever yearly profit of £2.7bn, posted in 2012.
This is triple the huge £948million the energy giant made the year before.
Profits at the oil and gas producer has been helped by high energy prices.
Wholesale gas costs had risen to new highs in the wake of the war in Ukraine as supplies were limited due to Russia’s war in Ukraine and the subsequent sanctions imposed on the country for its invasion.
Chris O’Shea, Group Chief Executive said: ‘Our performance in 2022 demonstrates the benefits of our balanced portfolio and our strong balance sheet.
‘The energy crisis and cost of living pressures have created a challenging environment for customers and communities, but we have been able to provide much needed stability and support.
‘We invested £75m in supporting our energy customers in 2022, which was greater than the £8 post-tax profit per customer earned by British Gas Energy.
‘Whilst customers may see some relief given recent easing of prices, it remains clear that some will continue to need help and we will do what we can to support them in the year ahead.’
