Power station sell off as Centrica faces gloomy forecast

9 May 2014

Centrica-and-British-Gas--001 Centrica, who own British Gas, has issued its second profits warning in six months.

After a mild-ish winter, and general haemorrhaging of customers, they've also put its three biggest gas-fired power stations up for sale.

The warmer weather meant that gas usage was down by a quarter, because there was no need really.

Also, they've lost 180,000 customers so far this year. Add that to the 400,000 who fled last year after David Cameron said to boycott it, then it's a bit awkward.

People actually doing something David Cameron has suggested? This was quite an adjustment.

As for the power stations, Langage, Humber and Killingholme provide more than half of Centrica’s power generation in this UK. Centrica are asking £500m for them, but insist that they would keep them running at a loss if no buyer came forward.

Perhaps we could all club together and help them out. Maybe turn it into a groovin' commune and become like Can or something?

TOPICS:   Utilities


  • Jack S.
    I wonder if they've though of putting their prices up to compensate? And rubbing their hands in glee when the next cold winter comes along.
  • samuri
    hope the greedy cunts go pop after trying to charge me 7 grand for a shit ravensheat boiler and 7 rads
  • Mr M.
    British Gas have never installed Ravenheat boilers, more fool you for going with BG.

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