Last week OFGEM released its latest report on the revenues, costs and profits of the large energy companies in 2013. The document summarises the results of the six largest energy companies in 2013 and compares them across companies and over time. It also assesses the predictions of our Supply Market Indicator for 2013 against outturns.
The statements show that total profits across supply and generation fell to their lowest level since 2009. This was largely as a result of falls in generation profits, which were also at their lowest level in the last five years. Profits also fell in the domestic supply market, providing an average profit margin of 3.9%, while they increased by less in non-domestic supply.