Article 62W8A British Gas to donate 10% of profits to struggling customers

British Gas to donate 10% of profits to struggling customers

by
Nadeem Badshah
from World news | The Guardian on (#62W8A)

Company's owner, Centrica, says extra support will begin in autumn and last for the duration of the energy crisis'

British Gas has announced it will donate 10% of its profits to help its poorer customers manage rising gas and electricity bills for the duration of the energy crisis".

Ahead of an expected rise in the price cap on energy on Friday, the company's owner, Centrica, said it would donate 12m this autumn into an existing support fund. Grants of 250 to 750 would be given to poorer customers, and the pledge to donate 10% of profits every six months would last for the duration of the energy crisis backdated to the start of 2022", it added.

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