Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Andy Gregory

British Gas will donate 10% of profits to help cut energy bills as price cap set to rise

Rui Vieira/PA

British Gas has pledged to donate 10 per cent of its profits “for the duration of the energy crisis” to fund support for households struggling with rocketing bills.

Thousands of customers deemed most in need of help will receive an average of £750 per household in grants via the British Gas Energy Support Fund, the supplier said, in an announcement made the day before regulator Ofgem is expected to confirm plans to raise its price cap by 80 per cent to £3,553 in October.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.