Managing Director of Services for British Gas Chris Jansen said the profits need to be "put into context".
He said the figures released this morning amount to £60 per household per year, to supply energy, a figure which he says has been the same for "quite a while".
More top news
Murder charges against an Irish nanny, who spent more than two years in prison accused of killing a baby in the USA, have been dropped.
Charities face probe after claims they may have been involved in buying and selling widower's details.
The island of Kivalina in Alaska is quickly disappearing into the ocean, watched by its 400 residents, due to climate change.