Skip to main content
The Morning Star 2026 Conference
Energy network companies rake in over £4bn in excess profits
An online energy bill

ENERGY network companies have raked in more than £4 billion in excess profits from the cost-of-living crisis, research by Citizens Advice reveals today.

The firms, which provide pipes and cables to households, amassed the extra cash over the last four years.

Regulator Ofgem sets price controls for the firms, which are monopolies with no competitor, and the charges are added onto household bills.

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.