By Poppy Trowbridge, Consumer Affairs Correspondent
Profits at the so-called big six energy suppliers are at their lowest since the regulator began collecting data in 2009, according to the regulator.
Ofgem said that between them, they made £2.8bn in profit last year, down 20% from £3.5bn in 2012.
The fall is largely due to lower profits in generation, because of costs from the closure of previously profitable plants.
Rachel Fletcher, senior partner for Ofgem's markets division, said: "Our proposed reforms are providing increased transparency on company profits.
"This is important to inform public debate, encourage competition and to help suppliers rebuild customer trust."
The Ofgem figures also show that each customer paid an average bill of £1,225 last year.
After wholesale and other costs are taken off, that works out at around £48 profit per customer - down from £53 profit for suppliers the previous year.
Recent research from YouGov in partnership with provider SSE showed bill-payers believe suppliers make 26% profit - six times more than Ofgem figure.
Since 2009, Ofgem has required the six large energy companies to produce annual statements showing the actual revenues, costs and profits of their generation and supply businesses.
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