Wednesday, 15 August 2012

UK Energy Supplier Triples Profits


UK energy supplier E.ON announced to the public today that it’s reported underlying net income for the January to June period has hit £2.6bn – tripling last year’s figure of £706m. One of the so-called ‘Big Six’ energy suppliers, E.ON meet the needs of over 6 million customers, 5 million of which are in the UK and many of which are commercial energy clients. Similar to EDF (who we reported on last week) E.ON had to contend with Germany’s phasing out of nuclear power by bolstering it’s supply from renewable sources of business electricity and gas.

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