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Centrica's Profits Plummet; Plans Shift to Stable Energy

2/19/2026

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Story summary
  • British Gas, owned by Centrica, reported 2025 profit of £309 million, down from £364 million in 2024, due to milder weather and fixed-rate tariffs.
  • Centrica's overall adjusted earnings fell to £1.42 billion, a decrease of nearly 39%.
  • Centrica plans to invest in stable energy sectors, including Sizewell C nuclear plant and advanced modular reactors, while engaging with the government on the Rough gas storage facility.