British Gas chief’s pay package reaches £8.2m

Chris O’Shea, the CEO of Centrica, the parent company of British Gas, has experienced an increase in his annual remuneration, reaching £8.2 million in 2023 compared to £4.5 million in 2022

IMServ supports British Gas in P434 compliance for MHHS

IMServ supports British Gas and Brook Green in adopting new electric supply settlement arrangements as part of industry modification P434, a step towards the Market Wide Half Hourly Settlement programme

Centrica signs solar power deal for aerospace manufacturing site

Centrica Business Solutions has finalised a solar power purchase agreement with aerospace defence manufacturer Moog Inc

Grants of up to £100k available for Midlands energy projects

Centrica’s Energy for Tomorrow social impact fund is calling for applications from social enterprises, charities, and non-profits in the Midlands

Spring Budget to include £5bn freeze on fuel duty

In his final budget before the election, the Chancellor is anticipated to freeze fuel duty today

British Gas extends Sunday electricity bill discount

British Gas has extended its PeakSave Sundays initiative, offering customers half-price electricity every Sunday from 11am to 4pm until March 31

British Gas launches fixed tariff £30 below Ofgem cap

British Gas has announced its Price Promise tariff, set at £1660 for the average dual fuel household from 1st April

Unite calls for public ownership over Centrica profits

Unite’s General Secretary has stated that public ownership is the only viable solution to prevent households and businesses from “being ripped off by the profiteers”

British Gas profits increase ten-fold

British Gas has reported a ten-fold increase in profits for 2023, reaching £750 million, attributed to regulator Ofgem allowing the recovery of £500 million in losses incurred after Russia’s invasion of Ukraine

Centrica boss calls for social tariff

Chris O’Shea advocates for a social tariff to assist financially strained consumers, as British Gas reports an increase in profits