Simon Francis, coordinator of the End Fuel Poverty Coalition, said: “Centrica’s profits are still mind boggling sums for people living in fuel poverty.
“The firm is much more than a household supplier, with real leverage over the nation’s energy supply and security.
“Through gas import deals, control of storage, stakes in key facilities and role in energy trading and price setting, Centrica sits at the centre of a market most of us only feel when the bills arrive.
“This influence matters because the country is becoming more reliant on imported gas as North Sea output declines.
“In that context, huge annual profits are not an accident, they reflect a system where utility companies extract value from relatively high bills while households struggle, especially as millions live in cold, damp homes.
“Ministers must ask whether the energy system really works for people, not for the big energy giants that have generated over £125bn in UK profits since 2020.”
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