September 10 (Reuters) – Centrica, Britain’s biggest energy supplier, is considering capping its profits in a bid to cut household bills, chief executive Chris O’Shea said as quoted by The Guardian on Saturday. .
Chris O’Shea wants Centrica, owner of British Gas, to become the first company to sign new renegotiated contracts with the government on electricity production.
The new British Prime Minister, Liz Truss, pledged Thursday to freeze household energy bills for two years.[nL8N30F2H8)[nL8N30F2H8)
“Obviously we are in this business to create value for all of our shareholders, our customers, the country. But it’s not about maximizing profits this year, it’s about having a viable business over the long term. term,” Chris O’Shea told the Guardian.
Centrica saw its profit soar in the first half thanks to the sale of assets and soaring energy prices. Its adjusted operating profit for the first six months of 2022 reached 1.34 billion pounds (1.53 billion euros) against 262 million pounds a year earlier. (Report Maria Ponnezhath Bangalore, French version Jean-Stphane Brosse)