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Centrica Business Solutions, which partners with large businesses for energy supply and services such as renewable energy generation and electric vehicle charging [67] Centrica Energy Trading, which trades gas, electricity and LNG, obtained from Centrica's own production and elsewhere [68] Centrica ceased to own large power stations in 2017. [69]
Hive is a trademark owned by Centrica Hive Limited that produces smart home devices. [2] It is one of the largest connected home providers in the UK and, [3] as of May 2018, the company had more than 1,000,000 customers.
AlertMe produces hardware and software to enable users to monitor and control their home energy use. In 2015 the company was acquired by British Gas Trading Limited [4] for £65 million. [5] In April 2016 the limited company was renamed to Centrica Connected Home Limited. [6]
British Gas (trading as Scottish Gas in Scotland [2] [3] [4]) is an energy and home services provider in the United Kingdom.It is the trading name of British Gas Services Limited and British Gas New Heating Limited, both subsidiaries of Centrica. [5]
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In 2023, Centrica posted year-end profits of over £3 billion and O'Shea faced calls to forego his bonus again eventually settling for a package of over £4 million. [ 8 ] [ 9 ] In January 2024, O'Shea gave an interview to BBC Breakfast , in which he said of his pay of £4.5 million in 2022: "You can't justify a salary of that size.
Direct Energy was founded in Toronto in 1986, as a competitive energy retailer. In 2000, the company was acquired by Centrica, the UK-based parent of British energy retailer British Gas. In 2010, Direct Energy acquired Clockwork Home Services making Direct Energy the largest energy and home services retailer in North America.
In 2018, Conn received a pay of £2.4 million which is a 44% increase from the income (£1.68 million) of 2017 despite Centrica losing 742,000 customers and terminating around 4000 employees. In July 2019 Centrica announced Conn would be stepping down from his post and retire from the company's board in 2020.