Centrica

Name

Centrica

Legal name

Centrica plc

Website

https://centrica.com

Company type

Public

Founded year

1997

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Integrated Energy Services

NAICS

Natural Gas Distribution (22121), Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112), Utilities (22)

SIC

Natural Gas Distribution (4924), Natural Gas Transmisison & Distribution (4923), Electric Services (4911), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Regulated Residential & SMB Retail Supply (Default/Standard Offer) (EUAGABAA)

Keywords

• Retail energy supply
• Energy trading services
• Smart home devices
• Natural gas storage
• Nuclear power generation

Headquarters

HQ city

Windsor

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Retail Energy Supply: Supply of gas and electricity to residential and business customers through British Gas, Bord Gáis Energy brands. Revenue generated from energy tariffs and supply contracts.
2. Energy Trading and Optimization: Centrica Energy trades power, gas, LNG and energy attributes across 20 countries for gas and 28 European markets plus US for power. Manages commodity risk and provides route-to-market services.
3. Energy Services and Maintenance: Installation, repair and maintenance services for heating systems, boilers, smart home devices through British Gas Services, Dyno-Rod, PH Jones and Centrica Business Solutions.
4. Infrastructure Assets: Ownership and operation of infrastructure assets including Rough gas storage, Grain LNG terminal, nuclear power stakes, and power generation facilities providing stable, regulated returns.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Centrica is a vertically integrated energy and services company that supplies gas and electricity to residential and business customers in the UK and Ireland through British Gas and Bord Gáis Energy, trades energy globally through Centrica Energy, delivers installation and maintenance services through Hive, Dyno-Rod and PH Jones, and operates critical infrastructure including the Rough gas storage facility, Grain LNG terminal, nuclear power stakes, and smart meter assets. The company also runs Centrica Business Solutions for bespoke B2B energy solutions.

Product overview

Centrica operates a vertically integrated energy company with distinct but complementary business divisions spanning retail energy supply, optimisation/trading, and infrastructure. The retail division includes British Gas (serving 7.5m UK residential customers with energy supply and home services), Hive smart home products, Bord Gáis Energy (Ireland operations), and Centrica Business Solutions (B2B energy management). The optimisation division comprises Centrica Energy, a global trading business managing 19.5GW of assets across gas, power, and LNG markets. Infrastructure assets include Rough gas storage (Centrica Energy Storage+), the Grain LNG terminal, Spirit Energy (oil/gas joint venture), Centrica Power (nuclear interests including Sizewell C), and Centrica Smart Meter Assets. The company acquired ENSEK as its core SaaS platform powering customer management and tariff offerings including PeakSave dynamic time-of-use tariffs. AI capabilities support customer service automation, energy optimization, and recommendation engines across the customer base.

Differentiator

Problem solved

Functional benefit

Brands

• Hive: Smart home products including connected thermostats, EV chargers, heat pumps, and smart plugs
• Dyno-Rod
• PeakSave
• British Gas Energy Trust
• Hive Home Report

Products and services

• British Gas UK's leading residential energy supplier serving 7.5 million households with gas, electricity, smart meters, home services, heating installations, and low-carbon technology installations including heat pumps and EV chargers. Delivered through the nation's largest team of expert field service engineers.
• Hive Smart home products and end-to-end connected home solutions including smart thermostats, EV chargers, heat pumps, solar integrations, and smart plugs controlled through the Hive app platform. Targets residential households seeking to monitor and reduce energy usage.
• Dyno-Rod 24-hour emergency plumbing and drain maintenance services for residential and business customers across the UK. Operates as part of the British Gas services portfolio.
• PH Jones Installation and maintenance services for heating, electrical systems, and renewable technologies provided to the UK social housing sector.
• Bord Gáis Energy Energy supply and services provider in the Republic of Ireland, supplying gas, electricity, and home care services to over 514,000 homes and businesses. Also operates and optimises power generation assets including 334MW OCGT power station in Galway and 445MW Whitegate power station in Cork.
• Centrica Business Solutions Bespoke B2B energy solutions including building and managing large-scale onsite energy assets such as Solar PV and Combined Heat and Power. Partners with 1,800+ organisations in UK and Ireland and 7,000+ businesses globally to help decarbonise and optimise energy consumption.
• Centrica Energy Global energy trading and optimisation business providing energy management, commodity risk management, and route-to-market services. Trades power, gas, LNG, and energy attributes across 20 countries, managing 19.5GW of renewable and flexible assets.
• Centrica Energy Storage+ (CES+) Owner and operator of the Rough facility, the UK's largest gas storage facility providing 54 billion cubic feet of capacity (over half of UK total). Supports seasonal demand management, energy security, and supplies gas equivalent to heating 2.4 million homes over winter; exploring future hydrogen storage role.
• Grain LNG UK's largest LNG importation terminal and Europe's largest regasification facility, located on the Isle of Grain in Kent. Enables LNG import, storage, and regasification for delivery into the National Transmission System, supporting national energy security.
• Spirit Energy Joint venture with Stadtwerke München focused on oil and gas production from existing UK assets to fuel homes and businesses. Portfolio is 96% gas with 10.5MMboe production volumes; awarded carbon storage licence for Morecambe Bay with potential to be UK's largest carbon storage hub.
• Centrica Power Power division owning and operating utility-scale generation and storage assets. Holds 20% interest in UK's existing nuclear portfolio and 15% equity stake in Sizewell C under development; exploring advanced modular reactors with X-energy at Hartlepool.
• Centrica Smart Meter Assets (CSMA) Smart meter business providing flexible funding, asset tracking, and operational support to accelerate smart meter rollout. Has installed over 1.6 million Centrica-owned meters with a 263% increase in installed meters during 2025.
• ENSEK Platform Energy SaaS platform acquired to enable better customer service and innovative energy offerings. British Gas has completed migration of all residential customers to the platform, which supports dynamic tariff management including PeakSave.
• Severn CCGT Power Station 850MW gas-fired power station providing flexible electricity generation in South Wales, expected to deliver average capacity market payments of £35 million annually until 2030.

Quantifiable outcome

• Serves over 10 million customers across UK and Ireland
• +3 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature3 records

Partnerships

Eleven partnerships are on record, tiered minor, core and strategic.

• Peyto Exploration & Development Corp.minorChannel Partner/ Reseller/ Distributor · 3 June 2026Natural gas supply deal with volumes equal to approximately five LNG cargoes per year, linked to European market benchmarks. Allows Centrica to manage market exposure and optimize LNG portfolio.
• Electricite de France (EDF)coreStrategic or Co-development Partner · 1 June 2026Partnership for nuclear power operations including 20% stake in UK nuclear portfolio and 15% stake in Sizewell C development. EDF and Centrica are negotiating extension of Sizewell B nuclear plant life by 20 years to 2055.
• Delfin MidstreamstrategicChannel Partner/ Reseller/ Distributor · 1 June 2026Long-term LNG purchase agreements from Delfin FLNG project, one of the world's largest floating LNG facilities. Centrica has secured LNG offtake commitments as part of the project's long-term sales agreements.
• Cheniere EnergystrategicChannel Partner/ Reseller/ Distributor · 1 June 2026Long-term LNG supply agreement through Cheniere's Sabine Pass facility in the US as part of Centrica's strategy to diversify energy supplies and expand US LNG procurement.
• Delta ElectronicsstrategicTechnology or Integration · 29 April 2026Infrastructure partnership to deliver scalable off-grid power solutions using Solid Oxide Fuel Cells for data centers and energy-intensive industries. Plan to establish UK demonstration site within 12 months and MW-scale solutions within 3-5 years.
• Ceres PowerstrategicTechnology or Integration · 25 March 2026Strategic partnership to deploy multi-gigawatt solid oxide fuel cell power solutions across UK and Europe. The collaboration aims to address grid connection delays and support data centers, AI growth, and industrial projects with faster, low-carbon power generation.
• Whitecap ResourcesstrategicChannel Partner/ Reseller/ Distributor · 24 February 2026Long-term natural gas supply agreements including 10-year deal for 50,000 MMBtu/day at European TTF benchmarks beginning April 2028, and second 10-year agreement for 35,000 MMBtu/d with physical delivery in Chicago.
• Humber Hydrogen ConsortiumstrategicStrategic or Co-development Partner · 1 February 2026Consortium with National Gas, Equinor, and SSE Thermal to develop UK's first integrated hydrogen network in Humber region. Submitted joint bid for approximately £500 million in government funding for hydrogen transport and storage infrastructure.
• VodafonestrategicImplementation/ SI/ Consulting Partner · 27 January 2026Four-year strategic partnership for digital workplace and connectivity services across 80+ UK sites and 30,000 devices. Partnership involves Vodafone Business and CGI working alongside VOIS to modernize Centrica's IT systems and enable data-driven organization.
• X-energycoreStrategic or Co-development Partner · 1 September 2025Joint Development Agreement targeting up to 6 GW of advanced nuclear capacity in Britain through deployment of Xe-100 small modular reactors. X-energy submitted its reactor design to UK Generic Design Assessment process in June 2026, with Hartlepool identified as preferred first site.
• ENSEKcoreTechnology or Integration · 1 September 2024Acquisition of Nottingham-based energy SaaS provider completed in September 2024 after regulatory approval. Platform enables better customer service and innovative offerings like PeakSave. Followed strategic partnership established in August 2021.

Scale indicators12 records

Recent moves6 records

Expansion highlights2 records

Direct peers

• SSE plc: SSE is a UK-listed vertically integrated energy company with regulated electricity transmission and distribution networks, large-scale renewable generation, and business/retail energy supply — a near-direct structural peer to Centrica's mix of infrastructure, generation and retail across the UK and Ireland.
• National Grid plc: National Grid owns and operates the UK electricity transmission network and (until the Grain LNG sale) major gas infrastructure assets, with regulated returns under RIIO frameworks. Directly comparable as a UK critical energy infrastructure operator and former owner of Grain LNG.
• E.ON UK (E.ON Next): E.ON UK supplies residential and business electricity and gas, plus smart home and EV services to a comparable customer base as British Gas. Direct UK retail competitor with overlapping services, boiler/home care and smart meter propositions.
• EDF Energy: EDF Energy is a UK residential/business electricity supplier and operates the existing UK nuclear fleet in which Centrica holds a 20% stake, plus co-develops Sizewell C with Centrica. Both companies are vertically integrated in UK power generation and retail.

Emerging players

• Octopus Energy: Octopus Energy is the UK's largest challenger energy supplier with rapid residential customer growth, smart tariff innovation (Agile, Go) and proprietary Kraken technology platform — competing directly with British Gas on price, service and digital experience.
• OVO Energy: OVO Energy is a major UK residential energy challenger (including the acquired SSE retail book) competing head-on with British Gas for retail customers, with strong digital/green positioning and overlapping smart home, EV and heat pump services.

Broad incumbents

• ScottishPower (Iberdrola): ScottishPower is the UK arm of Iberdrola, operating regulated electricity transmission/distribution, renewable generation, and residential/business supply in the UK. Direct comparable across the full UK energy value chain.
• Shell plc: Shell operates global energy trading, LNG procurement and integrated power businesses comparable to Centrica Energy and Grain LNG, and is a long-standing LNG offtake competitor for cargoes Centrica is now contracting (Cheniere, Delfin, Whitecap, Peyto).
• ENGIE SA: ENGIE is a global integrated energy utility with retail energy supply across Europe, large-scale LNG/gas infrastructure and renewable generation — directly comparable to Centrica's European retail, trading and infrastructure footprint as a global Big Six-style peer.

Others

• Equinor ASA: Equinor is a global integrated energy major partnering with Centrica in the Humber Hydrogen consortium and operating comparable upstream-to-power value chains in NW Europe — relevant as a partner, supplier of gas, and emerging hydrogen competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/centricaplc
• YouTubeyoutube.com/centricaplc
• Facebookfacebook.com/centricaplc
• LinkedInlinkedin.com/company/centrica
• Instagraminstagram.com/centrica_plc
• TikToktiktok.com/@centricaplc

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries12 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A22 records

Investments20 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Centrica