Centrica Plc Company Profile
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COMPANY INFORMATION |
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Company Legal Name |
Centrica PLC |
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Establishment |
1997 |
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Industry |
Electric Utility |
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Geographical Presence |
Worldwide |
Based in the United Kingdom, Centrica PLC operates as an international energy and service company engaged in the provision of energy supplies and services.
Centrica supplies energy and services to over 25 million customer accounts mainly in the UK, Ireland, and North America. It also provides energy solutions and trading to businesses worldwide.
Key Services: Retail operations like gas, electricity, and services to residential customers, and businesses under the British Gas Business brand, Centrica Business Solutions such as renewable energy generation and electric vehicle charging, and trades gas, electricity, and LNG, obtained from Centrica's production and elsewhere.
The company’s strategy is founded on an analysis of market trends and sources of growth, and the capabilities and efficiency necessary to pursue them profitably.
The company organizes its business into Energy Supply and Services, Connected Home, Distributed Energy & Power, Energy Marketing & Trading. It also has a material Exploration & Production division.
Energy supply –This division offers Gas supply and Electricity supply.
Home services and solutions- This segment offers Protection products (central heating, plumbing and drains, home electrical, and kitchen appliance cover).
On-demand services (service, repair, and home improvements) – This division is concerned with the installation of heating systems and electric vehicle charge points; and Smart heating and energy management, remote diagnostics, and monitoring solutions.
Centrica Business Solutions
Provides energy supply for business customers in Great Britain and low carbon energy solutions for business customers internationally.
Energy Marketing & Trading
Upstream – It includes Nuclear and Exploration & Production assets. The Exploration & Production activity is focused on North West Europe and consists of a 69% stake in the Spirit Energy business and the Rough field. The company also plans to sell Spirit Energy and Nuclear.
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CURRENT DATA |
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Company Revenue (2020) |
12.2 billion GBP |
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Net Income (2020) |
51 million GBP |
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Chairman and Managing Director |
Scott Wheway |
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Number of Employees (2020) |
18,000 |
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Registered Address |
Millstream Maidenhead Road Windsor, Berkshire SL4 5GD United Kingdom |
Key Brands:
British Gas - British Gas Provides energy supply, services, and solutions to residential customers in Great Britain.
Bord Gáis Energy businesses brands - Local Heroes; DYNO; HIVE; PH Jones;
Bord Gáis Energy Provides energy supply, services, and solutions to residential and business customers in the Republic of Ireland.
In April 2021, Centrica partnered with Sanctuary Housing to deliver heat pumps to 600 homes. Sanctuary Housing has launched a low carbon heating scheme in partnership with Centrica, to improve the energy efficiency of some of its social housing properties.
In March 2021, British Gas has acquired Nabuh Energy, a UK-based energy supplier. In March 2021, Centrica Energy Trading signed a long-term agreement with Solar PPA with Better Energy. It is a 10-year renewable PPA deal with Better Energy for a total of 112 GWh per year. Under the agreement, Centrica will offtake power from two new solar farms and add new green energy to the European power grid.
In March 2021, Quitting Coal – Centrica is set to replace one of the final NHS coal-fired boilers.
The company was incorporated in the year 1997 and is headquartered in the United Kingdom.
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CONTACT INFORMATION |
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Phone Number |
44 1753494000 |
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Fax Number |
44 1753494001 |
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Website |
www.centrica.com |