18 World’s Biggest Electric Companies

18 World’s Biggest Electric Companies

18 World’s Biggest Electric Companies– Based on the annual report of the company in 2020, there are 10 World’s Biggest Electric Companies. They are the king of electrifying with billion dollars of Assets and net income.

The Top 18 World’s Biggest Electric Companies - King of Electric Power

In this day, all equipment utilizes electric current. For example, the television you watch, the refrigerator to store food, to electric-powered vehicles. The benefits of electricity for human life are quite a lot. Among other things, as a source of lighting, energy sources, heat generators, entertainment facilities, motion generators, and others.

18 World’s Biggest Electric Companies - Companies Logo

Electricity is an area consisting of positive charge (proton) and negative charge (electron). An electric current is an electric charge that moves from areas of high potential to areas of low potential through an electric conductor. All humans depend on electricity to do their daily activities. As a supplier of electricity, there are some biggest of Electric companies in the world. Here are the biggest electric companies that have billions of assets and net income. We all know these companies because we need electricity from these companies.

The Rank of 18 World’s Biggest Electric Companies Based of Net Income

RankName of CompanyRevenueRevenueNet IncomeNet Income
Origin CurrencyUS DollarOrigin CurrencyUS Dollar
1General Electric 79 Billion US Dollar 79 Billion5.5 Billion US Dollar 5.5 Billion
2Enel 64.9 Billion Euro75 Billion3.6 Billion Euro 4.1 Billion
3Iberdrola33.1 Billion Euro38 Billion3.6 Billion Euro 4.1 Billion
4Southern Company 20 Billion US Dollar 20 Billion3.1 Billion US Dollar 3.1 Billion
5SSE6.8 Billion Poundsterling 9 Billion2.3 Billion Poundsterling 3.1 Billion
6National Grid14.7 Billion Poundsterling19 Billion1.6 Billion Poundsterling 2.1 Billion
7Exelon Corp 33 Billion US Dollar33 Billion1.9 Billion US Dollar1.9 Billion
8Tokyo Electric Power5,866 Billion Yen51 Billion181 Billion Yen 1.5 Billion
9E.ON60.9 Billion Euro 70 Billion1.2 Billion Euro1.3 Billion
10Chubu Electric Power Co 2,935 Billion Yen25 Billion151 Billion Yen 1.3 Billion
11The Kansai Electric Power Co 29 Billion US Dollar 29 Billion1.2 Billion US Dollar 1.2 Billion
12Duke Energy23 Billion US Dollar 23 Billion1 Billion US Dollar 1 Billion
13EnBW Energie Baden19 Billion Euro22 Billion807 Million Euro0.93 Billion
14Electricite de France 69 Billion Euro 80 Billion650 Million Euro 0.75 Billion
15Tohoku Electric Company2,246 Billion Yen 19 Billion65 Billion Yen 0.57 Billion
16Kushu Electric Power2,131 Billion Yen 18 Billion55 Billion Yen 0.48 Billion
17Huaneng Power International169 Billion RMB27 Billion2.6 Billion RMB0.41 Billion
18Engie 55.7 Billion Euro 64 Billion(-893 Million Euro)(-1 Billion)
Source : Annual report, 2020
Description : Origin Currency : Currency at The Annual Report
1 Euro = 1.16 US Dollar
1 Poundsterling = 1.35 US Dollar
1 Japanese Yen =0.0088 US Dollar
1 RMB = 0.16 US Dollar

As additional data, here is the condition of the financial position of 18 World’s Biggest Electric Companies. This data was obtained from the balance sheet of the company in the annual report of 2020.

The Rank of 18 World’s Biggest Electric Companies Based of Assets

RankName of CompanyAssetsAssetsLiabilitiesLiabilities
Origin CurrencyUS DollarOrigin CurrencyUS Dollar
1Electricite de France 305 Billion Euro353 Billion250 Billion Euro290 Billion
2General Electric 253 Billion US Dollar 253 Billion216 Billion US Dollar 216 Billion
3Enel 163 Billion Euro 189 Billion121 Billion Euro 140 Billion
4Engie 153 Billion Euro 177 Billion119 Billion Euro138 Billion
5Duke Energy162 Billion US Dollar 162 Billion57 Billion US Dollar 57 Billion
6Iberdrola122 Billion Euro141 Billion75 Billion Euro87 Billion
7Exelon Corp 129 Billion US Dollar 129 Billion94 Billion US Dollar 94 Billion
8Southern Company 122 Billion US Dollar 122 Billion90 Billion US Dollar 90 Billion
9E.ON95.3 Billion Euro110 Billion86.3 Billion Euro100 Billion
10Tokyo Electric Power12,093 Billion Yen 106 Billion8,950 Billion Yen 78 Billion
11National Grid67 Billion Poundsterling 90 Billion47 Billion Poundsterling 63 Billion
12Huaneng Power International449 Billion RMB71 Billion298 Billion RMB47 Billion
13The Kansai Electric Power Co 69 Billion US Dollar 69 Billion54 Billion US Dollar 54 Billion
14EnBW Energie Baden45 Billion Euro 52 Billion37 Billion Euro 42 Billion
15Chubu Electric Power Co 5,686 Billion Yen 50 Billion3,582 Billion Yen 31 Billion
16Kushu Electric Power5,126 Billion Yen 45 Billion4,444 Billion Yen 39 Billion
17Tohoku Electric Company4,323 Billion Yen 38 Billion3,458 Billion Yen 30 Billion
18SSE21.5 Billion Poundsterling29 Billion14.9 Billion Poundsterling20 Billion
Source : Annual report, 2020
Description : Origin Currency : Currency at The Annual Report
1 Euro = 1.16 US Dollar
1 Poundsterling = 1.35 US Dollar
1 Japanese Yen =0.0088 US Dollar
1 RMB = 0.16 US Dollar


Brief Description of 18 World’s Biggest Electric Companies

18 World’s Biggest Electric Companies- Brief Description


1. General Electric          

18 World’s Biggest Electric Companies- General Electric

General Electric Company is a multinational energy company that was founded on April 15, 1892, in Schenectady, New York, US. From time to time, along with the development of the company’s business, this company’s customer is in over 170 countries. Operationally, this company has some operational in some foreign countries. Manufacturing and service operations are conducted at 82 manufacturing plants located in twenty-eight states in the United States and Puerto Rico and at 149 manufacturing plants located in thirty-four other countries. At year-end 2020, General Electric Company and consolidated affiliates employed 174,000 people, of whom 56,000 were employed in the United States. Financially, in 2020, this company generate a revenue of 79 billion US dollars, and net income reach 5.5 billion US dollars. This is one of the biggest incomes than the others in 2020.     


2. Enel

18 World’s Biggest Electric Companies- Enel

Enel S.p.A. is an Italian multinational manufacturer and distributor of electricity and gas that was founded on November 27, 1962, in Rome. Along with the development of the company, the employee of the company reaches more than sixty thousand people in 2019. In 2020, based on the annual report of the company, the revenue of the company reaches 64.9 billion Euro or equivalent with seventy-five billion and net income 3.6 billion Euro or equivalent with 4.1 billion US Dollar.


3. Iberdrola

18 World’s Biggest Electric Companies- Iberdrola

The Iberdrola group is one of the global energy leaders, one of the leading wind energy producers and electricity companies with head office in Bilbao, Spain. Historically, this company was founded on November 1, 1992. Along with the development of the company, this group has supplied energy to one hundred million people in some foreign countries, with employees of over 37,000. Financially, the revenue of the company reaches 33.1 billion Euro or equivalent with 38 billion US Dollars and net income reach 3.6 billion Euro or equivalent with 4.1 billion US Dollar.


4. Southern Company   

18 World’s Biggest Electric Companies- SOuthern Company

Southern Company (NYSE: SO) is a leading energy company serving nine million customers. Historically, since 1945 from its founding, the company still has a central office in Atlanta Georgia. Financially, the company’s revenue reach 20 billion US Dollars with earned net income up to 3.1 billion US dollars.


5. SSE   

18 World’s Biggest Electric Companies- SSE

SSE plc or formerly known as Scottish and Southern Energy plc is a multinational energy company that has the head office in Perth, Scotland. Historically, this company was formed in 1998 as a merger between Scottish Hydro-Electric and Southern Electric. Financially, this company has revenue of 6.8 billion Pound sterling or equivalent with 9 billion US Dollars with a net income of 2.3 billion Pound sterling or equivalent to 3.1 billion US dollars.


6. National Grid

18 World’s Biggest Electric Companies- National Grid

National Grid plc is a British multinational electricity and gas utility company that has a primary office in London. Historically, this company was founded in 1990, and along with the development of the company, the employee of the company reaches twenty-three thousand by 2020. Financially, the company’s revenue of 14.7 billion Pound sterling or equivalent with 19 billion US dollars and net income 1.6 billion Pound sterling or equivalent with 2.1 billion US Dollar.


7. Exelon Corp

18 World’s Biggest Electric Companies- Exelon

Exelon Corporation is an American energy company that has its head office in Chicago, Illinois, USA. Historically, this company was founded in 2020 because of a merger between PECO Energy Company and the Unicom Corporation in October 2000. Along with the development of the company, the employee of this company reaches thirty-three thousand people. Financially, the company’s revenue reaches 33 billion US Dollar and net income reach 1.9 billion US Dollar.


8. Tokyo Electric Power

18 World’s Biggest Electric Companies- TEPCO

Tokyo Electric Power Company Holdings, Incorporated was founded on May 1, 1951, that has the head office in Chiyoda, Tokyo, Japan. Along with the development of the company’s business, the employee of this company reaches more than thirty thousand people. Financially, the company’s revenue reaches 5,866 billion Yen or equivalent with 51 billion US dollars and net income 181 billion Yen or equivalent with 1.5 billion US Dollars.


9. E. ON

18 World’s Biggest Electric Companies- EON

E. ON SE is a European electric utility company based in Essen and until 2020, this company has more than 78,000 employees. Historically, this company was founded in 2000 by the merger of energy companies VEBA and VIAG (Vereinigte Industrieunternehmungen AG). Financially, the company’s revenue reaches 60.9 billion euros or equivalent to 70 billion US dollars, and net income reaches 1.2 billion euros or equivalent to 1.3 billion US dollars.


Here are Our Video The Rank of 1st-9th of Biggest Electric Companies




10. Chubu Electric Power Co.

18 World’s Biggest Electric Companies- Chubu

Chubu Electric Power Co., Inc was founded on May 1, 1951. Operationally, this company has the head office in Higashi-Ku, Nagoya, Japan with a number of employees reaching thirty thousand people. Financially, the company’s revenue reaches 2,935 billion Yen or equivalent with 25 billion US dollars, and net income reaches 151 billion Yen or equivalent with 1.3 billion US Dollar.


11. The Kansai Electric Power Co

18 World’s Biggest Electric Companies- Kansai Electric Power

Kansai Electric Power Co., Inc. is one of the leaders of electric companies from Japan. Operationally, this company has the head office in Nakanoshima, Kita-Ku, Osaka, Japan with a number of employees of more than thirty thousand people. Financially, the company’s revenue reaches twenty-nine billion and net income of 1.2 billion US dollars.


12. Duke Energy             

18 World’s Biggest Electric Companies- Duke Energy

Duke Energy is an energy company that has central office in Charlotte, North Carolina. Operationally, this company has a central office in Duke Energy Centre, South Tryon Street, Charlotte, North Carolina, U.S., and historically was founded by James Buchanan Duke and Benjamin Newton Duke. Financially, this company’s revenue reaches 23 billion US dollars and net income 1 billion US dollars.


13.EnBW Energie Baden             

18 World’s Biggest Electric Companies- EnBw

EnBW Energie Baden-Württemberg AG, or simply known as EnBW, is energy company that has central office in Karlsruhe, Germany. Historically, this company was founded in 1997 as the merger between two energy companies i.e., Baden-Württemberg, Badenwerk AG and Energie-Versorgung Schwaben AG (EVS). Financially, based on the annual report of 2020, this company’s revenue reach nineteen billion euros or equivalent to 22 billion US dollars and net income of 807 million euros or equivalent to 0.93 billion US Dollars.


14.Electricite de France               

18 World’s Biggest Electric Companies- EDF

Électricité de France S.A. was founded in 1946 and has its head office in Paris, France. As one of the biggest electric companies, the company’s employees reach 154 thousand people. Financially, the company’s revenue reach sixty-nine billion euros or equivalent with 80 billion US dollars and net income 650 million Euro or equivalent with 0.75 billion US Dollars.


15.Tohoku Electric Company     

18 World’s Biggest Electric Companies- Tohoku Electric Power

Tohoku Electric Power Co., Inc is another electric company from Japan and has a central office in Aoba-ku, Sendai, Miyagi, Japan. Financially, based on the annual report of 2020, the company’s revenue reach   2,246 billion Yen or equivalent with 19 billion US dollars and net income sixty-five billion Yen or equivalent with 0.57 billion US dollars.


16.Kushu Electric Power

18 World’s Biggest Electric Companies- Kyushu Electric Power

Kyūshū Electric Power Company was founded on May 1, 1951. Financially, the company’s revenue reaches 2,131 billion Yen or equivalent with 18 billion US dollars and net income fifty-five billion Yen or equivalent with 0.48 billion US dollars.


17.Huaneng Power International            

18 World’s Biggest Electric Companies- Huaneng Power

Huaneng Power International, Inc. (HPI), commonly known as Huaneng Power, is a Chinese electric power company that has the head office in Beijing, China. Historically, this company was founded on June 30th, 1994. Financially, the company’s revenue reaches 169 billion RMB or equivalent with 27 billion US dollars and net income 2.6 billion RMB or equivalent with 0.41 billion US Dollars.


18.Engie            

18 World’s Biggest Electric Companies- Engie

Engie SA is a French multinational utility company, headquartered in La Défense, Courbevoie. Historically, this company was founded on July 22nd, 2008, by the merger of Gaz de France and Suez. Financially, the company’s revenue reach 55.7 billion Euro or equivalent with 64 billion US Dollar nut suffered net loss (-893 Million Euro) or equivalent with (-1 Billion US Dollar).


Here are Our Video The Rank of 10th – 18th of Biggest Electric Companies




Bibliography of 10 World’s Biggest Electric Companies

Electricite de France. 2021. Annual Report 2020. Accessed via https://www.edf.fr/en/the-edf-group/dedicated-sections/investors-shareholders/financial-and-extra-financial-performance/financial-results#annual-results  on November 6th, 2021

General Electric. 2021. Annual Report 2020. Accessed via https://www.ge.com/investor-relations/annual-report  on November 6th, 2021

Enel. 2021. Annual Report 2020. Accessed via https://www.enel.com/investors/financials  on November 6th, 2021

Engie. 2021. Annual Report 2020. Accessed via https://www.engie.com/en/finance/results/2020  on November 6th, 2021 

Duke Energy. 2021. Annual Report 2020. Accessed via https://www.duke-energy.com/our-company/investors/financials/annual-reports  on November 6th, 2021

Iberdrola. 2021. Annual Report 2020. Accessed via https://www.iberdrola.com/shareholders-investors/annual-reports  on November 6th, 2021

Exelon Corp. 2021. Annual Report 2020. Accessed via https://investors.exeloncorp.com/  on November 6th, 2021

Southern Company. 2021. Annual Report 2020. Accessed via https://investor.southerncompany.com/financials-and-sec-filings/annual-reports/default.aspx  on November 6th, 2021

E.ON. 2021. Annual Report 2020. Accessed via https://www.eon.com/en/investor-relations/financial-publications/annual-report.html   on November 6th, 2021

Tokyo Electric Power. 2021. Annual Report 2020. Accessed via https://www.tepco.co.jp/en/hd/about/ir/library/integratedreport/index-e.html  on November 6th, 2021

National Grid. 2021. Annual Report 2020. Accessed via https://www.nationalgrid.com/about-us/annual-report-and-accounts   on November 6th, 2021

Huaneng Power International. 2021. Annual Report 2020. Accessed via https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0420/2021042000679.pdf  on November 6th, 2021

The Kansai Electric Power Co. 2021. Annual Report 2020. Accessed via https://www.kepco.co.jp/english/corporate/list/report/  on November 6th, 2021

EnBW Energie Baden. 2021. Annual Report 2020. Accessed via https://www.enbw.com/integrated-annual-report-2020/further-information/download-center/  on November 6th, 2021

Chubu Electric Power Co. 2021. Annual Report 2020. Accessed via https://www.chuden.co.jp/english/ir/eir_irlibrary/eirl_annualreport/  on November 6th, 2021

Kushu Electric Power. 2021. Annual Report 2020. Accessed via https://www.kyuden.co.jp/english_ir_library_annual_2020.html  on November 6th, 2021

Tohoku Electric Company. 2021. Annual Report 2020. Accessed via https://www.tohoku-epco.co.jp/ir/report/index-e.htm  on November 6th, 2021

SSE. 2021. Annual Report 2020. Accessed via https://www.sse.com/media/jqcamklf/sse-32693-annual-report-2020-web-1.pdf  on November 6th, 2021

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