Compare the Best UK Business Energy Prices and Deals
With energy prices for UK businesses skyrocketing, it has never been more important to find and secure the best price for your electricity and gas, be it on a fixed, variable, or flex contract. We help advise on the best energy prices and suppliers, as well as offer tips on optimising your energy bills through energy efficiency measures, VAT and CCL rate optimisation.
Depending on your business’ size, type, consumption and green energy preference, we can help you make an informed decision and save your business money on its energy bills.
Finding the cheapest rates and suppliers for gas and electricity
Please find our individual price and rate guides below for electricity, gas and duel fuel, including the latest unit rates and standing charges, and the cheapest suppliers. Please note these figures will depend on the specifics of your contract and are intended to be illustrative. For exact quotes please fill in the form above.
UK businesses do not have a price cap on their energy Unlike domestic energy customers, UK businesses operate in an environment without price cap protection. This fundamental difference in how business and domestic energy markets are regulated has significant implications for commercial energy costs and planning. While households benefit from Ofgem’s price cap system, businesses…
Introduced in April 2001, the Climate Change Levy serves as a commercial tax designed to incentivize UK businesses to operate more sustainably. The fundamental principle is straightforward: the more energy-efficient your business becomes and the less carbon energy it uses, the lower your CCL tax burden will be. The levy applies to energy used for…
Over the last few years, energy costs for UK businesses have soared, putting strain (or worse) on many businesses, and with energy prices reaching unprecedented levels since 2021, understanding VAT on business energy bills has never been more crucial. While the standard 20% VAT rate applies to most business energy consumption, there are important exceptions…
Average UK business electricity consumption in kWh in 2024 Business size Low end consumption (kWh) High end consumption (kWh) Microbusiness 5,000 15,000 Small business 15,000 25,000 Medium business 25,000 50,000 Large business 55,000+ – Typical UK business electricity prices/rates in kWh and standing charge in 2024 Business size Electricity unit price (kWh) Electricity standing charge (daily) Micro…
Average UK business gas consumption in kWh in 2024 Business Size Low-end consumption (kWh) High-end consumption (kWh) Micro Business 5,000 15,000 Small business 15,000 30,000 Medium business 30,000 65,000 Large business 65,000+ Typical UK business gas prices/rates in kWh and standing charge in 2024 Business size Gas unit price (kWh) Gas standing charge (daily) Micro Business…
Business Energy FAQs:
How does business energy differ from domestic energy?
Business energy contracts are fundamentally different from domestic energy agreements. Unlike household energy, business energy contracts typically have a fixed duration ranging from 1-5 years and often cannot be cancelled early. These contracts are more complex, with various tariff options designed to meet different business needs. Businesses can choose from fixed-rate, variable, flexible, and green energy contracts, each offering unique advantages depending on the company’s size, energy consumption, and financial strategy.
How does business energy work? What is a business energy contract?
A business energy contract is a formal agreement between a business and an energy supplier that outlines the terms of energy supply, including pricing, duration, and specific conditions. These contracts are crucial for businesses operating from fixed premises, ensuring a stable energy supply and predictable costs. Contracts can vary significantly based on business size – for example, micro and small businesses might prefer fixed-rate contracts for budget certainty, while larger corporations might opt for flexible purchasing contracts that allow more strategic energy procurement.
What is a fixed business energy tariff?
A fixed tariff offers stable unit prices throughout the contract duration, making budgeting and financial forecasting easier. Prices remain consistent regardless of market fluctuations, providing financial security. However, businesses won’t benefit if wholesale energy prices drop.
What is a variable business energy tariff?
On a variable tariff, unit prices fluctuate with the wholesale energy market. This can be advantageous when energy prices are low, potentially reducing costs. However, it also means businesses risk higher unexpected bills if market prices rise.
What is a flex or flexible business energy tariff?
Flex or flexible tariffs are primarily available to large businesses with multiple premises, this complex tariff involves purchasing energy directly from the wholesale market in smaller increments. Suppliers often provide guidance through dedicated account managers and online analytics to help businesses make strategic purchasing decisions.
What is a feed-in business energy tariff?
A feed-in tariff is an agreement where energy suppliers pay businesses a fixed price for excess electricity generated through renewable technologies like solar panels or wind turbines. These tariffs guarantee long-term contracts and stable prices, encouraging businesses to invest in renewable energy generation.
What is a green business energy tariff?
A green business energy tariff uses suppliers whose fuel mix consists primarily of renewable energy sources. This option offers businesses several benefits: demonstrating environmental responsibility, potentially attracting environmentally conscious customers, and future-proofing against increasing demand for sustainable energy.
What makes a good business energy supplier?
A good business energy supplier should offer:
Transparent and clear contract terms
Competitive and predictable pricing structures
Flexibility in contract options
Excellent customer support
Comprehensive energy management tools
Willingness to provide detailed information about tariffs and potential savings
Compliance with industry regulations
Options for renewable or green energy
How do I switch energy supplier?
The process to switch energy suppliers generally goes as follows. Please note, your new supplier will typically manage most of the switchover process so there should be little in the way of headache:
Identify your contract end date and termination window
Compare rates from different suppliers
Prepare necessary information like business details and meter reference numbers (MPAN/MPRN)
Consider using an energy broker to simplify the process
Ensure you’re within the contract’s switching period to avoid penalties
Submit a termination notice to your current supplier
Remember: your new supplier will typically manage the switchover process
What help is available if my business cannot pay its energy bills?
If your business is struggling to pay its energy bills, we recommend that you:
Contact your energy supplier immediately
Discuss payment plans
Explore potential government support schemes
What is a rollover contract?
A rollover contract occurs when your energy contract reaches its end date, and you don’t actively renew it. Instead, your supplier automatically renews the contract, typically at significantly higher rates without prior notification. These rollover contracts can dramatically increase your energy costs, often pushing businesses onto much more expensive standard variable tariffs. To avoid this, businesses should proactively manage their contract end dates and seek new, more competitive rates before the current contract expires.
What happens if my business energy supplier goes bust?
Ofgem (the energy regulator) ensures continuity of supply. Your energy will be transferred to a new supplier, and your supply will not be interrupted. However, it’s advisable to:
Keep all documentation
Monitor communications from Ofgem
Check for any potential changes in rates or contract terms
Consider comparing new suppliers during the transition
How can I check if my energy bill is correct?
To verify your energy bill’s accuracy:
Regularly submit actual meter readings (preferably monthly)
For businesses with AMR (Automated Meter Reading) devices, check that automated readings are being used
Compare bills against your actual energy consumption
