The profits made by the Big Six energy firms in supplying British households have multiplied five-fold to more than £1 billion since 2009, according to figures from regulator Ofgem.
It meant they pocketed an average of £53 profit per home last year, representing a profit margin of 4.3% - up from £30, or 2.8%, in 2011.
The figures show that together British Gas, E.ON, EDF, npower, ScottishPower and SSE recorded underlying earnings - before interest payments and tax - of £1.19 billion in 2012, up from £221 million in 2009.
Ofgem noted that all of the Big Six supply firms also generated power, where their businesses showed a profit margin of 19.9% in 2012.
It meant they pocketed an average of £53 profit per home last year, representing a profit margin of 4.3% - up from £30, or 2.8%, in 2011.
The figures show that together British Gas, E.ON, EDF, npower, ScottishPower and SSE recorded underlying earnings - before interest payments and tax - of £1.19 billion in 2012, up from £221 million in 2009.
Ofgem noted that all of the Big Six supply firms also generated power, where their businesses showed a profit margin of 19.9% in 2012.
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