Business Electricity Rates

Discover the best business electricity rates & tariffs today

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To get your quotes at lightening speed we need several key pieces of information which can all be found on your electricity bill. But by simply ticking this box, we can search ‘industry held data’ to get your meter number, electricity consumption and current energy supplier. This means that we can get you quick quotes without asking you to dig out all of your paperwork. This is personal data therefore we need you to allow us to access this information.
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    Why switch your business electricity supplier?

    Utility Bidder TELCA 2022 Banner

    When you compare business electricity prices with Utility Bidder, you’ll save time as well as money. Switching can help you ensure you’re on the best deal for your business, enjoy better customer service, and avoid being stuck on costly rollover tariffs or expensive deemed rates.

    You could save up to 45% on your annual electricity bills by changing your supplier – hundreds of pounds worth of savings. Our award-winning customer service team handles the whole switching process too, from start to finish – allowing you to focus on running your business.

    Start your switching journey. Get your business electricity quote today!

    90K Businesses Helped
    45% Potential Saving
    £600m Energy Spend Managed

    How do I compare business electricity prices?

    It only takes a matter of minutes to compare business electricity prices from the wholesale market. You’ll just need a few important pieces of information to get started:

    • your business premise’s postcode
    • your annual electricity usage (which you’ll find on your bill)
    • the name of your current commercial electricity provider

    Hit the compare button and we’ll instantly compare business electricity rates from more than 27 trusted suppliers. We’ll provide you with a tailored quote featuring the best deals based on the exact requirements of your business.

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    What types of business electricity tariffs are there?

    You’ll pay a fixed unit rate for every kilowatt-hour (kWh) of electricity you use for the duration of your contract.

    You’ll pay a unit rate that’s directly linked to the wholesale market – so, the amount you pay could go up or down.

    If your existing contract has expired and you haven’t opted to renew or switch, you might end up on an extended tariff.

    You’ll bulk buy all the electricity your business needs in advance, giving you access to wholesale market rates.

    Your bill will be split into electricity costs, which remain fixed at a unit level for the duration of your contract, plus other variable charges, such as Transmission Network Use of System (TNUoS).

    If you don’t take out a contract with a supplier, you’ll pay a deemed rate – often the most expensive on the market.

     

     

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    Is the cheapest business electricity deal the best choice for you?

    The cheapest electricity deals on the energy market are not always the best choice for your business. We understand that due to the current energy crisis, securing the cheapest business electricity prices is more complicated than usual, and that’s where our energy experts can help.

    When searching the market for your next electricity deal, we can help you find a deal that aligns with the needs of your business rather than simply securing the cheapest business electricity supplier. Therefore, it is sometimes recommended that you negotiate a new deal with your current supplier. Get in touch with our energy consultants today to discuss your needs and secure the best business electricity provider that perfectly fits your business’s requirements.

    Mark Gamble

    What our expert says...

    “After the most unprecedented 18 months in the energy market, we are finally seeing a period of stability. Good news for the homeowner, we will all see prices reduced in July when the Energy Price Guarantee ends.  Even better for business owners is that new quotes and contracts have already been enjoying these much-needed reductions since the start of 2023.

    The current positive market sentiment should not be taken likely.  Energy security and gas storage capacity remains a major concern, a concern that will make more and louder noise, the closer we get to winter.  So take advantage of this current positivity, it may just be the ideal time to review your next energy contract.”

    Read more about me

    How much is business electricity per kWh?

    It’s difficult to give a precise answer to this question, as it’ll depend on your supplier, contract type and whether your organisation is eligible to pay the Climate Change Levy (CCL).

    However, we’ve put together the table below to give you a rough idea of how much your business could potentially spend annually on electricity based on the consumption of similar-sized businesses.

    Average electricity kWh Prices by business size

    Business size Annual usage Unit price (per kWh) Daily standing charge (pence) Annual cost
    Micro business 5,000 to 15,000 kWH 26.6p 64.6p £2,833 (based on annual usage of 10,000 kWh)
    Small business 15,000 to 25,000 kWh 25.6p 83.0p £5,302 (based on annual usage of 20,000 kWh)
    Medium business 25,000 to 55,000 kWh 26.1p 65.5p £10,637 (based on annual usage of 40,000 kWh)
    Large business More than 55,000 kWh 26.4p 68.5p £14,548 (based on annual usage of 55,000 kWh)

    Disclaimer: Due to volatility within the energy market, prices can change on an hourly basis meaning that the prices you’re quoted are different from the averages shown. Prices may also vary according to your meter type and business location. Updated January 2024.

    Compare Business Electricity Suppliers

    Check that your business energy suppliers are authorised correctly by the Ofgem confidence code and regulated by the financial conduct authority. This includes gas and electricity information for:

    • Domestic customers
    • Electricity – retail markets
    • Gas – retail markets
    • Licences, codes and standards

    The Energy Bill Discount Scheme For Businesses

    If eligible for the Energy Bills Discount Scheme, the government will apply a discount on your business gas and electricity prices. Eligible non-domestic consumers will receive a per-unit discount on their energy bills during the 12 months from April 2023 to March 2024, subject to a maximum discount. The relative discount will be applied if wholesale prices are above a certain price threshold.

    Click here to find out more about the Energy Bill Discount Scheme.

    Business Size  Wholesale Price Threshold Maximum Discount
    Non electricity-intensive industries 30.2p/kWh 1.961p/kWh
    Electricity Intensive Industries 18.5p/kWh 8.9p/kWh

    Why compare business electricity with Utility Bidder?

    We'll Pay You £1,000 If We Can't Beat Your Renewal Quote.*

    We’ve established close relationships with the biggest commercial electricity suppliers in the business. We’ve built bonds with smaller specialists too, including those committed to 100% renewable energy.

    Our ‘premier’ status with the likes of British Gas, Scottish Power, E-ON, EDF Energy and many more enables us to provide you with a wider range of commercial energy tariffs and packages – all based on the latest up-to-date pricing.

    When you compare with us, you’ll be making a decision based on pricing that’s 100% accurate.

    Save more now

    Shop around for a cheaper deal in minutes

    Our UK-based energy consultants have exclusive access to commercial electricity prices from a range of UK suppliers.

    Save your business money

    Already got an initial renewal quote? Challenge us to beat it! We’re so confident we can, we’ll pay you £1,000 if we don’t*. *T&Cs apply

    We'll manage your switch, stress-free

    Your dedicated account manager will complete all the paperwork, and handle the switch and set up with your new supplier.

     

    Compare suppliers now

    We’re dedicated in helping businesses like yours save more on energy. Contact us today and a member of our team will help you find the best deals on your energy prices.

      Who we've helped switch and renew

      We’re dedicated to helping businesses like yours succeed. But we know seeing is believing. So, here are some real-life case studies to show how we’ve helped.

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      Our Business Electricity Guides

      Frequently asked questions

      To start saving money on your electricity bills, you have to tackle consumption and energy spend. Energy monitoring and saving devices are good but, if you want to cut costs, you also have to look at your energy statements to see how much you’re paying for your unit rate and daily standing charge. Keeping your contract end date in mind, you can start to compare business electricity prices uk up to one year before that date. Your current rates will be used as a starting point.

      Many suppliers are offering their customers free smart meters, allowing you to monitor your usage in real time.

      If you could save money by switching your commercial electricity provider, we’ll let you know. But we won’t stop there. To save you time, hassle and disruption, your Utility Bidder account manager will handle the process for you. You’ll get the best quotes for business electricity rates and a smooth, seamless switch. It really couldn’t be easier.

      There are three common types of electric meters used in businesses. These are:

      Digital meters – Simply read from left to right. If you have an ECO20:20 or Economy 7 meter, you’ll have two sets of numbers – make sure you take note of both readings.

      Electronic meters – There are two different types of electronic meters. Meters that show a digital cycle display, where you have to press a button to see the numbers displayed, and meters in which the numbers will be visible at all times. Remember to disregard the red numbers and refer to your previous bill or ask Utility Bidder to find your day and night rates.

      Dial meters – Simply read this type of meter from left to right. If the number is between two different digits, always take the lower number. If this is between 9-0 then take the number nine.

      Utility Bidder can help you change your electricity contract early. Why is it a smart idea to do this? Well, business electricity prices uk are increasing all the time. So, it makes sense to lock into a long-term, fixed term contract. If you can lock in low rates for longer, your business will have more protection against market fluctuations.

      And when your fixed contract runs out, trust Utility Bidder to secure new electricity deals for you. We’re proud to have many long-standing customers, who trust us to put their needs first. Let our experts help you secure your next business utilities provider today.

      Your contract end date can be found on your bill, but if you’re struggling to find it then we can help. Our electricity brokers are experts at analysing bills, keeping you from paying inflated, out of contract rates.

      Thanks to our brokers, we can help you secure the best business energy rates for your business.

      smart mater automatically checks your energy consumption every month. Subsequently, your electricity bills will be more accurate, which can help save on your electricity usage. A lot of suppliers can offer smart meters for free as part of your deal.

      You can switch your electricity supplier at the end of your contract. It’s important to check if your contract has come to an end because your business could be on a variable price plan. Variable rates are a lot higher than your contract rate, therefore you will be paying a lot more that you need to.

      Most electricity suppliers give you a six month window to choose a new contract before the end date, while others are more generous and give you a whole year.

      Chat with one of our friendly experts who will analyse your current contract and bills and let you know when you can switch.

      Generally speaking, business electricity tariffs are cheaper than domestic prices. However, there are a number of considerations to take into account before choosing your tariff:

      • What meter type is installed?
      • How small or large is your energy usage?
      • Business prices are usually fixed. Is it a fixed price contract?
      • Is your business a micro business?
      • Is your business energy contract short term or long term?
      • Do you require gas and electricity?
      • How long has your commercial electrical supply going to be active for?

      To find out more, give Utility Bidder a call and we can analyse your current contract and recent bills, finding out if your business is paying too much for its electricity.

      You can find our domestic energy prices here.

      There are many additional and inclusive charges that make up your statement. Only around 44% of your unit rate is made up of raw electricity. The rest is made up of additional charges that get picked up on the journey to you. Roughly 28% goes to ‘use of systems’ charges, while the remaining 28% of you bill goes to government schemes.

      What does this mean for you? Unfortunately, it can lead to higher bills. It could add up to hundreds, if not thousands of pounds a year, depending on the size of your premises. This is why it’s so essential to ensure you’re on the right tariff and getting the very best deal on electricity.

      Although these charges are steadily rising, you could still make significant savings on your electricity for business customers.

      We understand that the complexities of the energy market can be overwhelming. This is why we offer our expertise as industry experts, giving trusted advice and award-winning customer service. Work with Utility Bidder and we will guide you to lower costs and solutions that meet your exact needs.

      Click here to see our energy guides.

      The current energy crisis has caused record-breaking wholesale prices and no cheap electricity for business customers. This has left many customers questioning whether to stick to the price cap or secure a fixed price energy tariff?

      Within this guide, we are going to provide advice on whether you should fix your business energy prices until 2024. The Energy Bill Relief Scheme and now the have offered some support, but the market volatility of 2022 has continued into this year.

      All businesses with a non-domestic energy account including the voluntary sector and public sector organisations such as schools and hospitals will be eligible for the support through the Energy Bill Relief Scheme (EBRS), which will apply for six months from 1 October 2022 to 31 March 2023.

      Check out our Energy Bill Relief Scheme page to find out more.

      Running a business means you have your hands full with making sure processes are running smoothly, your employees are happy and productive, and you’re making a profit. With all this to juggle, we understand that scrutinising your business energy bills is never your top priority.

      But did you know that only 44% of the average is for the electricity supply? You may be wondering where does the other 56% go? Don’t worry, Utility Bidder is here to answer that. We’ve put together this handy guide that explains the unseen 56% on your business electricity bill.

      Compare small business electricity prices uk 2022.

      The initial renewal quote you receive from your current supplier is likely to be inflated. Having a good consultancy on board gives you access to all major suppliers and takes care of the process. Utility Bidder has access to live business electricity prices uk, making use of premier relationships with the UK’s major suppliers. We can get you a better renewal price on electricity or dual fuel. Alternatively, we’ll recommend a switch to get you the best business electricity prices.

      If eligible for the Energy Bills Discount Scheme , the government will apply a discount on your gas and electricity unit prices. Eligible non domestic consumers will receive a per-unit discount on their energy bills during the 12 months from April 2023 to March 2024, subject to a maximum discount. The relative discount will be applied if wholesale prices are above a certain price threshold.

      For most non-domestic energy users in Great Britain and Northern Ireland, these maximum discounts have been set at:

      • Electricity – Discounts of up to £19.61 per megawatt-hour (MWh) when the wholesale prices are above £302 per MWh

      • Gas – Discounts of up to £6.97 per MWh when the wholesale prices are above £107 per MWh If wholesale prices stay below the threshold, the discount is not applied.

      Check out our Energy Bills Discount Scheme guide to find out more.

      Both small businesses and large business’ electricity prices vary based on consumption, sector, location and contract length.

      Corporate electricity rates vs. small companies means that collating typical commercial electricity rates online is not a recommended solution. Each case should be treated on an individual basis.

      Speaking with a professional in the industry that has access to contacts within it, can save you a lot of time and money. We will negotiate the best commercial tariff for electricity for you, allowing you to concentrate on running your business. Compare small business gas and electricity prices with Utility Bidder.

      Energy use continues to be a major cost for most businesses. Whether you’re a high electricity user or a service-based office, your electricity expenditure will inevitably make up a substantial proportion of your bills.

      With this in mind, it’s important to save money on electricity wherever you can.

      Unfortunately, our research shows that 80% of businesses are overpaying on their typical commercial electricity rates.

      The good news is that it’s easy to cut back. All you need to do is compare business electricity companies with Utility Bidder. We’ll take a close look at your bills and meter readings and help you identify where you could make savings. We have relationships with the UK’s leading electricity suppliers, including

      E.ONBritish GasEDFSSENPower and many more. This means we can access exclusive prices and pass the savings onto you.

      You can choose from a range of competitive electricity packages from 27+ suppliers, all of which cater for different requirements.  This means that whatever your needs, the size of business or industry, we’ll find the perfect solution.

      If it’ll save you money to switch suppliers, we’ll let you know.

      But,

      if you’re happy with your current supplier and would like to stay with them, that’s no problem either. We’ll swing into action to negotiate a better deal. Alternatively, we’ll switch you onto a business electricity tariff that works better for your company. Our experts can secure cheap business gas and electricity for small business.

      Half hourly meters are special meters designed to send reading updated to your energy supplier every half an hour for more accurate data. Half hourly meters are usually found in larger businesses and the process is automated allowing extremely accurate and up-to date energy bills without the requirement or manually reading meters.

      Check out our half-hourly meter guide to find out more.

      It’s only natural to worry about the smooth running of your business. But switching to a more affordable electricity supplier doesn’t have to mean business disruption. In fact, a switch can be far simpler, quicker and smoother than you may expect.

      Our consultants do it all. You’ll get the advantage of their expert advice, as they scour the market to find the very best business gas and electricity prices for your business. Our recommendations are bespoke, unbiased and tailored to you. Compare small business gas and electricity prices with Utility Bidder.

      Ready to make the switch or have your electricity bills checked by an expert? The Utility Bidder team is on hand to help. Fill in our simple contact form or call us for free. Check out current business electricity rates uk.

      It only takes a couple of minutes to save £100’s on your utility bills. We can help find cheap gas and electricity for small business.

      Get the best business energy rates. Compare current business electricity rates uk.

      When you’re shopping around for the right energy supplier for your business, you may have asked yourself this question: is electricity cheaper at night in the UK? Is this true, or is it an urban legend? If it’s true, will you be looking to shift your office hours around to benefit from the savings directly? Compare commercial energy tariffs with Utility Bidder.

      Compare commercial electricity prices uk.

      Compare and get your business electricity quote today

      It only takes a couple of minutes to potentially save hundreds on your bills.

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      Select Utility
      Now please select a utility I want to get prices for...
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      Next
      Please enter your business gas information
      How much do you spend & how often?

      An estimate is fine if you don't have a bill to hand

      Go Back
      Get Prices

      Let’s save time, can we automatically gather meter information?

      ? What does this mean?
      To get your quotes at lightening speed we need several key pieces of information which can all be found on your electricity bill. But by simply ticking this box, we can search ‘industry held data’ to get your meter number, electricity consumption and current energy supplier. This means that we can get you quick quotes without asking you to dig out all of your paperwork. This is personal data therefore we need you to allow us to access this information.
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