Leading global electric utilities based on sales 2024
With annual sales of 97 billion U.S. dollars, Italy based Eni was ranked first among the world's leading electric utilities as of May 2024. Italy's Enel came behind, with sales revenue of 96 billion U.S. dollars.
What is an electric utility?
Electric utilities are companies involved in the provision of electricity to customers. An electric utility company can be involved in one or more of the steps included in this process, namely generation, transmission, and distribution of electricity. Recent years have seen utility companies across the globe increasing their utilization of renewable energy sources. The largest renewable energy companies worldwide are located in the United States and Europe.
European utilities leading the pack
Six out of the top 10 leading electric utilities based on sales are located in Europe. E.ON, headquartered in Germany, had annual sales of approximately 90 billion U.S. dollars as of May 2024. The British branch of E.ON is a member of the Big Six in the UK.
