You can manage your cookie preferences in the sections below. If you would like to know more, please view our privacy & cookie policy.
Although they use the same unit measurement (kWh), home energy and business energy contracts are not the same. Not only do they vary in terms of cost, but also their contract details. This means that although changing suppliers for your home energy is relatively simple, comparing the best home electricity suppliers with the best business gas suppliers can be a little tricky.
If you work from home, you may be wondering whether you should go with a home energy contract or a business energy contract. Although business bills can appear pricier, its energy rates are often cheaper than domestic rates. However, as businesses usually use more energy than households, and may even have to pay 20% VAT on their bills, then a business energy contract will be the pricier of the two.
Despite this, there still are some advantages to going with a business energy contract. If you run a charity or a not-for-profit organisation, there is a chance that you can quality for reduced VAT rate of 5%. Alongside this, if your business uses less than 33 kWh of electricity or less than 145 kWh of gas per day, then you will be able to pay a reduced rate of 5%.