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James Longley

Managing Director

min read

Regardless of the business sector you operate in, commercial energy costs are likely to be a considerable outlay. But how you can make sure you choose the best utility broker for you?

TPI’s and energy brokers must be registered to the ADR scheme to work with microbusinesses. Any reputable business energy broker will be transparent with their customers on how they operate and how much they charge.

To identify if you are dealing with a reputable broker, customers should check their terms and conditions, industry awards and accolades, number of years trading, number of customers, fees, and online reviews. It is worth researching to ensure you are going to receive the service and support you need.

Why use a business energy broker?

Are you interested in cutting expenses for your business? Regardless of the sector you operate in, energy costs are likely to be a considerable outlay.

A simple solution is to switch your energy supplier to get a better rate. However, finding the best deal can be a challenge. That’s where business energy brokers come in. Comparing tariffs with a commercial utility broker makes it much easier than going at it alone.

But how do you find the best business utility broker for you? If you’re looking for first-class customer service, fast, reliable quotes, and comparisons of 20+ suppliers, you need a third-party business energy broker like Utility Bidder.

We aim to decrease your overheads by offering a fully comprehensive service on your energy, gas, and electricity bills. We search the breadth of the market to find you the best prices.

How can Utility Bidder help your business?

As a business looking to find cost-effective business gas and business electricity, you might be wondering where to start when it comes to finding a reputable energy consultant.

Utility Bidder acts as an intermediary between the commercial utility suppliers you know, such as British Gas and Scottish Power and others you may have never heard of.

We speak to over 20 energy providers to ensure your business is getting the best possible price for your gas and electricity. By using an energy broker, your business will receive:

Better energy prices that will beat the renewal fees from your existing supplier which could help save you money.
Our experts will browse the market for the best prices to save you from spending hours trying to find a cheaper quote
Our energy experts don’t just find you the cheapest quote, we inform you of recent market activity and can offer advice on how to save on your business energy bills

Not all energy brokers are the same, Utility Bidder puts customers first and helps find the best deals on the market.

What do energy brokers do?

Energy brokers aim to secure a better energy contract for their customers by working closely with leading gas and electricity suppliers.

What services do business energy brokers offer?

Business energy brokers compare business energy rates across the market for the best energy deals from various suppliers.

They can also help save money and time on your business energy comparison by managing the entire switch for you.

What is the difference between energy brokers and business energy consultants?

Business energy brokers source the latest market prices and look for the cheapest deals based on current market conditions.

Business energy consultants will advise you on when to switch and how you can also reduce your bills when switching business energy suppliers.

At Utility Bidder, our energy experts aim to find the best energy deal for your business’s needs.

How much should your business be paying for energy?

The amount that you pay for your gas and electricity usage is dependent on several factors including:

Your business address and type – If your business uses most of its energy during off-peak times, you will be charged less as there will be less demand from the network.
Your business size – The size of your business will also have an impact on your energy usage. The size of your business will determine your energy buying power.
Your business energy consumption – The higher your energy usage, the lower the rates you will be charged. Your energy contract will be made up of multiple parts and if unit rates decrease, the daily standing charge can increase. We recommend looking at the overall cost of the contract, rather than simply unit rates.
Your business location – The location of your business will cause energy costs to fluctuate. Scotland’s energy rates are also a lot higher than in some areas within the UK.
The length of your contract – On average, each year you extend your contract adds 6% to the unit cost whilst 2%-6% is deducted from the standing charge. Let our energy experts help negotiate the best energy deal for your business.
Your business credit rating – The right business energy broker will always check your business credit rating when switching your energy deal, having a good credit rating is important when switching suppliers.
Using the same supplier for gas and electricity – Using the same supplier for your business gas and electricity can get you a discount on your energy.

By comparing the market with Utility Bidder, we can compare business energy prices from over 20 of the UK’s leading suppliers to find the perfect deal for your business.

Due to current market fluctuations, business energy rates can vary hourly. Our energy experts have compiled the average energy consumption for several different businesses to provide you with an idea of how much you might be paying.

Start your business energy comparison with Utility Bidder and find out how much you could save on your business gas and electricity bills.

Compare Business Gas & Electricity Rates

Unsure of just how much electricity your business is using? We’ve put together the table below to give you a rough idea of how much your business could potentially spend on its annual electricity bill based on the consumption of similar-sized businesses.

We’ve included average business electricity prices per kWh, however it’s important to note that these rates may fluctuate. This means the prices you see in your quote may differ. It’s also important to note that business electricity comparison websites can’t update live prices that suit all 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	31.2p	79.0p	£3,408 (based on annual usage of 10,000 kWh)
Small business	15,000 to 25,000 kWh	31.4p	115.0p	£6,699 (based on annual usage of 20,000 kWh)
Medium business	25,000 to 55,000 kWh	31.1p	160.0p	£13,024 (based on annual usage of 40,000 kWh)
Large business	More than 55,000 kWh	30.6p	178p	£17,479 (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 June 2023.

Average gas 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	9.8p	53.1p	£1,119 (based on annual usage of 10,000kWh)
Small business	15,000 to 30,000 kWh	9.1p	65.7p	£2,286 (based on annual usage of 22,500kWh)
Medium business	30,000 to 65,000 kWh	8.7p	111.8p	£4,540 (based on annual usage of 47,500kWh)
Large business	More than 65,000 kWh	8.5p	111.8p	£5,993 (based on annual usage of 65,000kWh)

Why work with a TPI or energy broker?

Third-party intermediaries, or TPIs, and business utility brokers supply choices for customers and create rivalled competition in the market. The Competition and Markets Authority has regularly flagged choices to consumers through price engines and third-party providers is critical in maintaining competitive markets.

With the support, insight and connections a TPI or commercial energy broker can provide, you can get direct access to a vast range of UK energy suppliers and their exclusive quotes only offered to those Brokers with a Premier relationship status. This leaves you with time to get back to what you do best – running your business.

TPIs and Brokers have driven 50% of non-domestic energy switching activity and this continues to grow. Fuelling competition in the market places the onus on suppliers to offer better prices, packages, and services to their business customers. The activity undertaken by TPIs/Brokers strengthens this competition and gives you a thorough understanding of the scope of the market, and this is useful when choosing your next supply.

A reputable TPI or energy broker will function as your knowledge hub for all things energy. They will help to assist you with any supplier issues, plan any required meter changes and offer you unbiased energy management advice on the current energy market.

Why work with Utility Bidder?

With 13 years of experience, Utility Bidder has helped over 70,000 businesses across the UK. Our energy expert’s actions are customer-centric and committed to always providing our award-winning customer service, value for money and comprehensive knowledge. Utility Bidder is ADR registered and rated Excellent on Trustpilot with more than 2,000 reviews from our customers.

Over the past 10 years, we’ve built strong relationships with the UK’s leading energy suppliers to simplify the switching process for our customers, drive through better offers and allow our customer base to take advantage of the breadth of the market in one place.

We are extremely proud to have won “Consultancy of the year” at the 2022 TELCA awards and be highly commended at the 2022 Energy Awards. Utility Bidder is built on values of unrivalled customer service, alongside a determination to offer above-and-beyond value to our customers. We aim to always act right, either by looking to build long term relationships from the moment we’re in contact, to being at the forefront of industry conversation to bring about further protection for our customers.

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