The big six energy companies made £23 more in average profit from each UK household on aggregate last year - a rise of 75% on 2011 - and profits are still rising, according to the industry's regulator.
Ofgem said the latest average profit for all suppliers from the average dual fuel customer hit £53 in 2012 but was measured at double that on November 21 this year at £105.
The regulator announced the figure after releasing its analysis of the companies' accounts for 2012, which found average profit margins of 20% for energy generation.
The revelation prompted the watchdog to suggest it may insist on greater clarity in future to ensure that the profits are a fair reflection of investment in future power generation.
It found that the average profit margin for supply to household customers was 4.3% - in line with the claims made by the industry - as energy use rose and bills went up.
EDF is involved in the planned new Hinkley Point nuclear power stationBut it calculated the profit margin made in generating energy in 2012 at 20% - slightly lower on the previous two years - but still high in the context of rising household bills.
The study sought to explain the disparity between supply margin and that for generation by pointing out that the generation part of a business needed significant sums of money over the long term to invest in building new power stations.
Ofgem said it was now considering whether companies needed to provide additional profit measures in generation which took account of capital investment to help ensure greater transparency.
The big six - SSE, E.ON, EDF Energy, Scottish Power, npower and Centrica's residential arm British Gas - have faced a backlash from politicians and consumer groups since the latest round of bill increases - up to 11% in some cases - was announced.
npower's Pembroke power station replaced old gas capacityOf the firms, only E.ON is yet to confirm its increase ahead of the coming winter.
Ofgem's report follows analysis of statements the companies have had to submit annually since 2009 as part of efforts to subject the firms to greater financial scrutiny.
The statements showed that across all six suppliers, overall profits for energy supply and generation fell from £3.9bn in 2011 to £3.7bn in 2012.
However, profits in supply to households and businesses increased from £1.25bn in 2011 to £1.6bn.
Energy companies have insisted their profits are fair, reflect wholesale costs and the country's need to invest in future supply.
Amid the criticism of the industry over the latest rises to bills, the firms highlighted the growing cost to households from so-called green levies.
The environmental and social charges could be placed under general taxation by the Government in the coming Autumn Statement.
The firms have pledged to cut the rises to bills to match any reduction to the charges confirmed by the Chancellor on December 5.
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