British Gas Central Heating Installations up by 24 percent
By David Holmes on March 5, 2008
Bucking the trend in an increasingly competitive market central heating and boiler installations by British Gas rose 24% to 113,000 in the past year, average revenue per installation came in at £3,018.
Uswitch.com raised the issue after Britsh Gas’s Home Services division announced a rise in revenue to £348m, an increase of 32%. Profit in the same period rose 48% to £151m.
Continued growth in British Gas’s HomeCare product which covers central heating and boiler breakdown helped increase revenue with a 7% increase in customers taking out HomeCare, this takes the number of active contracts to a staggering 7.6m.
Figures for British Gas’s Ondemand non-contract emergency breakdown repair service also rose by 19% to 414,000 call-outs.
British Gas may not be the cheapest supplier but strong results such as these ensure continued investment in technology and engineering deployment.