UK Energy Giants’ £60 Billion Profit Shock

UK energy giants made £60 billion in profits find out how this affects your business energy bills.

6/23/20252 min read

Over the last decade, the UK’s biggest energy suppliers have amassed over £60 billion in combined profits that’s tens of billions of pounds taken from business energy bills across the country.

Here’s how much each major supplier has pocketed since 2014:

Supplier Estimated Total Profits (2014-2023) What This Means For Your BusinessBritish Gas (Centrica) £20+ billion. The industry giant keeps cashing in while many businesses pay inflated bills. E.ON £15+ billion Profits driven by long contracts and high charges — often passed on to you. SSE £10+ billion Locking businesses into costly deals that fuel massive profits. EDF Energy £8+ billion Nuclear and renewables profits that don’t always trickle down to fair prices. Scottish Power £7+ billion Consistent profit growth at the expense of business customers.

Data sourced from public company reports and independent industry analysis.

More Shocking Facts About UK Energy Profits and Business Bills

  • In 2023 alone, UK energy suppliers reported record profits exceeding £10 billion despite soaring wholesale costs earlier in the year.

  • The energy price cap protects consumers but often excludes many business contracts, leaving businesses exposed to inflated rates.

  • Research shows that over 60% of UK businesses are on out-of-contract or deemed tariffs, which can be up to 40% more expensive than market rates.

  • Many business energy bills include hidden fees, standing charges, and supplier markups that businesses don’t fully understand.

  • Increases in business energy prices over the past 5 years have outpaced inflation by nearly 3 times on average, squeezing business margins.

Why Are These Profits So Alarming?

  • Many businesses are trapped on expensive “deemed” or expired contracts without realising it.

  • Energy bills are confusing, full of hidden fees that boost supplier profits.

  • Despite soaring profits, suppliers keep hiking prices — your bills keep rising.

  • The energy companies’ profits grow, while many businesses struggle to manage rising costs.

Don’t Be Part of Their Profit Machine

You deserve transparency and fair pricing.

Clear Rate Energy cuts through the complexity by offering:

  • Clear, no-markup quotes based on your exact usage

  • Honest, side-by-side comparisons from trusted UK suppliers

  • A completely managed, hassle-free switch — no surprises, no hidden fees

Take control of your business energy costs today.

Fill out the quick quote form below to see if you’re paying too much — it takes less than 5 minutes and there’s no obligation.

Or contact us on 07405 085666 or info@clearrateenergy.co.uk for a straightforward, pressure-free conversation.

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