The British Gas Energy Trust (the Trust), which incorporates the Scottish Gas Energy Trust, is an independent Charitable Trust established in 2004 and remains funded solely by British Gas. Our mission is to alleviate the detrimental impact of poverty, with a focus on fuel poverty.
Since its launch, the British Gas Energy Trust has provided consistent, financial help for vulnerable households and remains one of the largest, grant giving energy Trusts in the UK – since 2004 over £175.8* has been invested to help over 700,000 people manage their household budgets and energy costs.
The Trust is governed by an independent Board of voluntary Trustees and lead by the Chief Executive, who runs the Trust with a dedicated team, who bring with them a range of relevant experience from within the money advice, energy, charitable and financial sectors.
20th Anniversary Roundtables
To mark the Trust’s 20th anniversary, the Trust is convening charities and stakeholders across England, Scotland, and Wales to discuss ‘Alleviating the detrimental impact of fuel poverty – what works, what happens next’. These discussions will take place at roundtable panel events held in partnership with funded charities and social enterprises from May until November throughout 2024.
Social Return of Investment Report
Oxford Economics conducted a social return on investment (SROI) analysis of the Trust’s operations from April 2020 to March 2024. The report finds that, in the latest financial year, every £1 spent by the Trust yielded £5.50 in social value. Grants to organisations offering money and energy advice services boasted the highest SROI ratio of £6.50, meaning every £1 of BGET’s funding to partner organisations generated £6.50 in social value.
*Figures are based on historic records and sources, some of which are not audited accounts.