Compare business electricity rates
We assist you in comparing electricity prices for businesses by offering dependable guidance.
How to compare electricity rates for company?
With so many energy suppliers offering various business electricity tariffs, it’s important to understand how to compare business electricity prices effectively.
Firstly, businesses should consider their energy usage and location to compare the best business electricity supplier. Understanding your energy bill and unit rate is essential in determining whether you are getting the best business energy price or if there are cheaper options available.
Switching your business electricity supplier could lead to significant savings on your electricity bill. By switching, businesses can take advantage of cheaper energy prices, especially if they were previously on a more expensive electricity contract.
You should also get quotes from multiple energy brokers to compare the deals.
Getting quotes from multiple energy brokers
To ensure you get the best deal on your energy supply, it’s crucial to obtain quotes from multiple energy brokers. By comparing different brokers, you can identify who offers the most competitive prices and best services tailored to your business needs. Additionally, energy brokers provide expert guidance, helping you navigate the complexities of the energy market and potentially securing better deals than going directly to suppliers. This approach not only saves you money but also ensures you receive personalised support and insights.
Why compare electricity prices for business?
Because different brokers can offer you different prices for the same supplier. Some brokers keep their commission low, some keep it high. Also, sometimes a particular broker can offer you a way better deal than any other broker because they get some special rates from suppliers. Mostly, comparison websites get such deals because they give a volume of business to suppliers and suppliers want to get more business from them hence they reduce their prices just to rank higher on their results. In addition, brokers may also have different fees, as well as varying levels of customer service and support. It’s important to carefully compare the terms and conditions of different brokers before making a decision. Ultimately, the best broker for you will depend on your specific needs and priorities, so it’s important to do thorough research and consider all factors before making a decision.
Who are the Top Business Electricity Suppliers?
Based on count of MPAN(Supply Number).
- EDF Energy
- Octopus Energy
- British Gas Business
- EON
- OVO Energy
- SSE
- Scottish Power (Iberdrola)
- TotalEnergies Gas and Power
- SmartestEnergy Ltd
- Pozitive Energy Limited
- YU Energy
- Engie
- Shelly Energy
- Bryt Energy Limited
- Electricity Plus Supply Ltd
- Utilita Energy Limited
- Brook Green Trading Ltd
- SO Energy Trading Limited
- Pozitive Energy
Updated as on 27th March 2025
Business Electricity Rates by usage
| Business Size | Annual Usage | Unit Rate per kWh | Standing Charge (p/day) |
|---|---|---|---|
| Micro Business | 0 to 5,000kWh | 26.3p | 45p |
| Small Business | 5,000-15,000kWh | 24.8p | 45p |
| Medium Business | 15,000-30,000kWh | 25.2p | 52p |
| Large Business | 30,000-70,000kWh | 22.7p | 65p |
FAQ
What is Business Electricity?
Business electricity refers to the energy supply specifically tailored for commercial establishments, differing from residential electricity in pricing, tariff structures, and customer service.
How is Business Electricity Priced?
Business electricity prices are typically based on your energy consumption, location, and contract type. Prices can be fixed or variable, and contracts can range from one to five years.
Can I Switch My Business Electricity Supplier?
Yes, businesses in the UK have the freedom to choose their electricity supplier. Switching can often lead to cost savings.
What is a Fixed-Rate Electricity Plan?
A fixed-rate plan means your electricity unit price remains constant for the duration of your contract, protecting your business from market price fluctuations.
What are the Benefits of Using Renewable Energy for My Business?
Using renewable energy can reduce your carbon footprint, improve your business’s sustainability credentials, and potentially save on energy costs in the long term.
How Can I Reduce My Business Electricity Costs?
You can reduce costs by improving energy efficiency, negotiating better contract terms, switching to a cheaper supplier, or investing in renewable energy sources.
What Should I Consider When Choosing a Business Electricity Supplier?
Consider factors like price, contract terms, customer service quality, and the supplier’s reputation in the market.
How Do I Lodge a Complaint About My Business Electricity Service?
Initially, contact your supplier’s customer service. If unresolved, you can escalate the complaint to the Energy Ombudsman.