Profit margins for the energy supply segment of large utilities in Great Britain decreased overall in 2020. While profit margins for domestic supply improved from the previous year, to a negative one percent, figures for non-domestic supply were negative for the first time in the indicated period.
Profit margin in the supply segment for large energy suppliers in Great Britain from 2009 to 2020
Financial years ending December, except for SSE. SSE's financial year runs from April do March.
The source adds: "Following OVO’s acquisition of SSE’s domestic supply business, the aggregated domestic profit margin for 2020 does not include OVO/SSE’s data. This is because in 2020 OVO did not hold any generation licence and was not legally required to submit a Consolidated Segmental Statement."
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Ofgem. (August 1, 2021). Profit margin in the supply segment for large energy suppliers in Great Britain from 2009 to 2020 [Graph]. In Statista. Retrieved October 05, 2024, from https://www.statista.com/statistics/478138/energy-suppliers-profit-margin-united-kingdom/
Ofgem. "Profit margin in the supply segment for large energy suppliers in Great Britain from 2009 to 2020." Chart. August 1, 2021. Statista. Accessed October 05, 2024. https://www.statista.com/statistics/478138/energy-suppliers-profit-margin-united-kingdom/
Ofgem. (2021). Profit margin in the supply segment for large energy suppliers in Great Britain from 2009 to 2020. Statista. Statista Inc.. Accessed: October 05, 2024. https://www.statista.com/statistics/478138/energy-suppliers-profit-margin-united-kingdom/
Ofgem. "Profit Margin in The Supply Segment for Large Energy Suppliers in Great Britain from 2009 to 2020." Statista, Statista Inc., 1 Aug 2021, https://www.statista.com/statistics/478138/energy-suppliers-profit-margin-united-kingdom/
Ofgem, Profit margin in the supply segment for large energy suppliers in Great Britain from 2009 to 2020 Statista, https://www.statista.com/statistics/478138/energy-suppliers-profit-margin-united-kingdom/ (last visited October 05, 2024)
Profit margin in the supply segment for large energy suppliers in Great Britain from 2009 to 2020 [Graph], Ofgem, August 1, 2021. [Online]. Available: https://www.statista.com/statistics/478138/energy-suppliers-profit-margin-united-kingdom/