Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Alex Lawson Energy correspondent

ScottishPower reports retail loss as consumers cut back on energy use

ScottishPower’s Whitelee onshore windfarm, south-west of Glasgow.
ScottishPower’s Whitelee the UK’s biggest onshore windfarm, south-west of Glasgow. Photograph: Andy Buchanan/AFP/Getty Images

Profits for ScottishPower, the renewable energy generator, were improved by windy conditions last year – but the supplier took a hit as Britons cut back on energy consumption in the face of higher bills.

The energy generation and supply group, which is owned by Spain’s Iberdrola, said underlying group profits in 2022 had risen 3.6% to £1.6bn on a year earlier.

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.