18 World’s Biggest Electric Companies– Based on the annual report of the company in 2022, there are 18 World’s Biggest Electric Companies. They are the king of electrifying with billion dollars of Assets and net income.
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.
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
| Rank | Name of Company | Revenue | Revenue | Net Income | Net Income / (Net Loss) |
|---|---|---|---|---|---|
| Origin Currency | US Dollar | Origin Currency | US Dollar | ||
| 1 | Iberdrola | 53.9 Billion Euro | 58.2 Billion | 4.3 Billion Euro | 4.6 Billion |
| 2 | Southern Company | 29.7 Billion US Dollar | 29.7 Billion | 3.4 Billion US Dollar | 3.4 Billion |
| 3 | Enel | 140 Billion Euro | 151 Billion | 2.9 Billion Euro | 3.1 Billion |
| 4 | National Grid | 21 Billion Poundsterling | 26.4 Billion | 2.6 Billion Poundsterling | 3.2 Billion |
| 5 | E.ON | 115 Billion Euro | 124 Billion | 2.2 Billion Euro | 2.3 Billion |
| 6 | Exelon Corporation | 19 Billion US Dollar | 19 Billion | 2.1 Billion US Dollar | 2.1 Billion |
| 7 | EnBW Energie Baden | 56 Billion Euro | 60 Billion | 1.8 Billion Euro | 1.9 Billion |
| 8 | Duke Energy | 7.8 Billion US Dollar | 7.8 Billion | 1.6 Billion US Dollar | 1.6 Billion |
| 9 | Chubu Electric Power Co | 3,986 Billion Yen | 26 Billion | 38 Billion Yen | 0.25 Billion |
| 10 | Engie | 93.8 Billion Euro | 101 Billion | 216 Million Euro | 233 Million |
| 11 | Tokyo Electric Power | 5,309 Billion Yen | 35 Billion | 5.6 Billion Yen | 0.037 Billion |
| 12 | Huaneng Power International | 246 Billion RMB | 34 Billion | 136 million RMB | 19 Million |
| 13 | The Kansai Electric Power Co | 39,518 Billion Yen | 265 Billion | 176 Million Yen | 1.1 Million |
| 14 | Kushu Electric Power | 2,221 Billion Yen | 14.8 Billion | (-56 Million Yen) | (-0.375 Million) |
| 15 | SSE | 12.4 Billion Poundsterling | 15.6 Billion | (-75 Million Poundsterling ) | (-81 Million ) |
| 16 | General Electric | 76 Billion US Dollar | 76 Billion | (-64 Million US Dollar) | (-64 Million US Dollar) |
| 17 | Tohoku Electric Company | 3,007 Billion Yen | 20 Billion | (-127 Billion Yen) | (-0.85 Billion) |
| 18 | Electricite de France | 143 Billion Euro | 154 Billion | (-17.9 Billion Euro) | (-19 Billion) |
| Source : Annual report, 2022 | |||||
| Description : Origin Currency : Official Currency at The Annual Report | |||||
| 1 Euro = 1.08 US Dollar | |||||
| 1 Poundsterling = 1.26 US Dollar | |||||
| 1 Japanese Yen =0.0067 US Dollar | |||||
| 1 RMB = 0.14 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 2022.
The Rank of 18 World’s Biggest Electric Companies Based of Assets
| Rank | Name of Company | Assets | Assets | Liabilities | Liabilities |
|---|---|---|---|---|---|
| Origin Currency | US Dollar | Origin Currency | US Dollar | ||
| 1 | Electricite de France | 388 Billion Euro | 419 Billion | 341 Billion Euro | 368 Billion |
| 2 | Enel | 219 Billion Euro | 236 Billion | 177 Billion Euro | 191 Billion |
| 3 | Engie | 235 Billion Euro | 253 Billion | 196 Billion Euro | 211 Billion |
| 4 | General Electric | 187 Billion US Dollar | 187 Billion | 150 Billion US Dollar | 150 Billion |
| 5 | Iberdrola | 154 Billion Euro | 166 Billion | 96 Billion Euro | 103 Billion |
| 6 | E.ON | 134 Billion Euro | 144 Billion | 112 Billion Euro | 120 Billion |
| 7 | Southern Company | 134 Billion US Dollar | 134 Billion | 100 Billion US Dollar | 100 Billion |
| 8 | National Grid | 94.8 Billion Poundsterling | 119 Billion | 46.2 Billion Poundsterling | 58 Billion |
| 9 | Exelon Corporation | 95.3 Billion US Dollar | 95.3 Billion | 70 Billion US Dollar | 70 Billion |
| 10 | Tokyo Electric Power | 12,853 Billion Yen | 86 Billion | 9,631 Billion Yen | 64 Billion |
| 11 | EnBW Energie Baden | 69.5 Billion Euro | 75 Billion | 56 Billion Euro | 60 Billion |
| 12 | Huaneng Power International | 512 Billion RMB | 71 Billion | 377 Billion RMB | 52 Billion |
| 13 | The Kansai Electric Power Co | 8,774 Billion Yen | 59 Billion | 6,935 Billion Yen | 46 Billion |
| 14 | Duke Energy | 50 Billion US Dollar | 50 Billion | 44.9 Billion US Dollar | 44.9 Billion |
| 15 | Chubu Electric Power Co | 6,455 Billion Yen | 43 Billion | 4,293 Billion Yen | 28 Billion |
| 16 | Kushu Electric Power | 5,603 Billion Yen | 37 Billion | 4,986 Billion Yen | 33 Billion |
| 17 | Tohoku Electric Company | 4,381 Billion Yen | 29 Billion | 3,996 Billion Yen | 26.7 Billion |
| 18 | SSE | 21.3 Billion Poundsterling | 26 Billion | 16 Billion Poundsterling | 20 Billion |
| Source : Annual report, 2022 | |||||
| Description : Origin Currency : Official Currency at The Annual Report | |||||
| 1 Euro = 1.08 US Dollar | |||||
| 1 Poundsterling = 1.26 US Dollar | |||||
| 1 Japanese Yen =0.0067 US Dollar | |||||
| 1 RMB = 0.14 US Dollar | |||||
Brief Description of 18 World’s Biggest Electric Companies
1. General Electric
General Electric Company is a multinational energy company that was by Thomas A. Edison in 1889 and with experince more than 130 years. 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 of 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 76 billion US dollars, but suffered net loss reaching 64 million US dollars. With long experince, General Electric was specialized for its work in the Power, Renewable Energy, and Aerospace industries In Energy indutries products in Gas Power, Steam Power, Nuclear, Power Conversion, Energy Consulting
2. 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. As of 2024, Enel has presenced in 29 countries with total capacity of 88.2 GW. As a global company, Enel has some products ,namely Enel Green Power and Thermal Generation, Enel Grids, Enel X Global Retail, e-Mobility Enel X Way, Global Energy and Commodity Management In 2022, based on the annual report of the company, the revenue of the company reaches 140 billion Euro or equivalent with USD 151 billion and net income 2.9 billion Euro or equivalent with 3.1 billion US Dollar.
3. 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 100 million people in some countries, with employees of over 40,000. Based on its busines, Iberdrola has some products ,including Offshore wind, Green hydrogen, Onshore wind, Smart grids, Photovoltaic solar energy, Hydroelectric power, and Smart solutions for our customers Financially, the revenue of the company reaches 53.9 billion Euro or equivalent with 58.2 billion US Dollars and net income reach 4.3 billion Euro or equivalent with 4.6 billion US Dollar.
4. 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. Southern Company served 9 million customers, employed of 27,000 people and has 43,000 MW of generating capacity. Financially, the company’s revenue reach 29.7 billion US Dollars with earned net income up to 3.4 billion US dollars.
As of business development, Southern company has some subsidiaries companies, including Alabama Power (1.5 million electric utility customers), Georgia Power (2.7 million electric utility customers), Mississippi Power (192,000 electric utility customers), Southern Company Gas (4.4 million natural gas distribution customers in 4 states), Nicor Gas (2.3 million natural gas distribution customers in Illinois), Atlanta Gas Light (1.7 million natural gas distribution customers in Georgia), Virginia Natural Gas (312,000 natural gas distribution customers in Virginia), Chattanooga Gas (71,000 natural gas distribution customers in Tennessee), Southern Power (12,500 MW of wholesale solar, wind, natural gas and clean alternative technologies in 14 states), PowerSecure (Focussed in distributed infrastructure technologies doing business nationwide), and Southern Nuclear (a company among the nation’s nuclear energy industry Southern Linc Wireless communications service)
5. 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. As of 2023, SSE employed 10,000 of people and served 4.98 million of customers. Financially, in 2022, this company has revenue of 12.5 billion Pound sterling or equivalent with 15.6 billion US Dollars but suffered a net loss of -75 million Pound sterling or equivalent to -81 million US dollars.
6. 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. Based on business, This company has specialized in Electricity Distribution (ED), Electricity Transmission (ET), Electricity System Operator (ESO). Financially, the company’s revenue of 21 billion Pound sterling or equivalent with 26.4 billion US dollars and net income 2.6 billion Pound sterling or equivalent with 3.2 billion US Dollar.
7. Exelon Corp
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 19,500 people and served more than 10 million customers as of 2023. In addition, Exelon Corporation also has some subsidiaries companies including Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). Financially, the company’s revenue reaches 19 billion US Dollar and net income reaching 2.1 billion US Dollar in 2022.
8. Tokyo Electric Power
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. As of 2023, along with bussines development, tepco can supply 250.0 terawatt hour (TWh) of electricity and this company has 196 Number of Power Stations. Tepco has 3 main business including TEPCO Fuel & power (dealing with fuel and thermal), Tepco Power Grid (general power transmission and distribution), and Tepco Energy partner (electric retail).Financially, the company’s revenue reaches 5,309 billion Yen or equivalent with 35 billion US dollars and net income 5.6 billion Yen or equivalent with 0.037 billion US Dollars.
9. E. ON
E. ON SE is energy networks and infrastructure company, which provide its service for approx. 48 million customers. As of 2024, 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). Operationally, in Germany, E.ON operated over 800,000 kilometers of electricity and gas grids. In Germany, E. ON operated over 800,000 kilometers of electricity and gas grids. To date, E.ON holds more than 9,000 electricity and gas concession contracts and is a partner to more than 6,000 municipalities in Germany. Financially, the company’s revenue reaches 115 billion euros or equivalent to 124 billion US dollars, and net income reaches 2.2 billion euros or equivalent to 2.3 billion US dollars.
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