This website uses cookies to ensure you get the best experience on our website. Find out more.

Small Businesses

Switching business electricity and gas is the easiest way to save money for a small business. We know that every penny counts. We work with businesses to help them save hundreds of pounds each year.

Research shows that over 61% of companies are on expensive tariffs. These gas and electricity prices often at least 60% higher than the cheapest standard market rates.

60 seconds can help you save £2,300 per year on average.

The savings are substantial if you compare prices every 12 months. Businesses rollover contracts could save on average 65% to 85% just by moving onto standard tariffs.

Save money on energy bills with this guide to lowering consumption and tariff rates. Swapping desktop computers for laptops could save £1,400 per year on just 10 computers. This guide will help assess your businesses efficiency.

Micro electricity prices are extremely competitive. Ofgem rules help companies avoid signing up to the wrong contracts. It’s your responsibility to understand your contract switch your tariff each year. Read our guide to keep average bills at £2,300 per year.

No standing charge contracts are rare for small businesses. Normally 03 and 04 metered customers pay 21p to 23p per day. The charge still applies no matter your level of energy usage. Max-demand users could pay up to 100p per day. Our no standing charge guide shows what’s available.

Guide to switching gas and electricity contracts. Business electricity and gas contracts need to be formally terminated. This must be completed before taking out a new agreement. If you’re comparing prices yourself, then it’s critical you do this. If you don’t, you may invoke expensive out of contract rates.

Market research analysis data highlights industry trends on companies switching suppliers. 64% of respondents report they don’t plan to switch in the next 12 months. This means they are missing out on large savings. It’s estimated that small businesses overpay by £1.8 billion on their energy every year.

In 60 seconds, you can compare business electricity prices and select the tariff that’s right for your company.

Compare prices

Small business owners can contact our dedicated team on 0800 690 6008 with any questions about switching, obtaining quotes, or efficiency measures.

Average Small Business Electricity kWh Prices

There is no standard price for electricity in the UK and each supplier charges a different rate. However, here are the average prices you should expect to pay based on typical kWh usage by business size:

BUSINESS SIZE ANNUAL USAGE UNIT PRICE STANDING CHARGE COST PER YEAR
Micro Business 8,000 kWh 16.74p 27.40p £1,439
Small Business 20,000 kWh 14.83p 26.83p £3,064

Small business owners can contact our dedicated team on 0800 690 6008 with any questions about switching, obtaining quotes, or efficiency measures.

FAQS

  • What is a micro business?

    A micro business typically has less than 10 employees and a turnover of no more than £632,000.

  • How can I lower my energy consumption?

    There are many ways to reduce business energy consumption outside of the obvious ones, such as turning equipment completely off at the end of the day. You can read our full energy efficiency guide here.

  • What happens if I don’t switch when my contract ends?

    You will be placed on out of contract rates.  These business energy rates are much higher and can increase your monthly bill up to 50%.

  • When can I switch my business energy supplier?

    You will only be able to switch your business energy when your contract ends. However, you can lock-in a new contract up to 12 months before the end of the contract to ensure that you’re always getting the best deal.

    The switching process usually takes around 6 weeks, so it’s important that you ensure your new supplier has all the information they need to avoid delays.

  • When can I switch my small business electricity supplier?

    You will only be able to switch your business energy when your contract ends. You can lock-in a new contract up to 12 months before the end of the contract.

    This ensures that you’re always getting the best deal. The switching process usually takes around 6 weeks. It’s important that you ensure your new supplier has all the information they need to avoid delays.

Compare Prices Online

Save money on your energy bills.

Facebook Twitter LinkedIn Pinterest