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Business energy rates are constantly fluctuating and so finding the best gas and electricity tariffs for your business can take time and know-how you simply don’t have at your disposal – time and know-how our energy experts have in bucketloads.
Not only will our dedicated team look to get you the best deal, they’ll take you through the switching process step-by-step to make sure you don’t hit any snags – offering solutions to the potential prickly subjects of giving termination notice to your current provider and any objections that may arise as a result.
We don’t just look for the best price either, we also factor in those other features that make life a little bit easier, such as online billing and customer service, so you can be confident you’re getting the complete package.
And we won’t charge your business a penny, our service is completely free of charge.
All you have to do is let us know a few details, either by entering your details at the top of the page, or giving our experts a call on 0800 970 5494 and we’ll do the rest.
Business energy quotes vary between suppliers, each of which will offer you rates based on an assessment of your business that takes into account everything from energy consumption to business location.
When designing your business energy costs, supplier will consider:
Your business energy bills pay can even be affected by things outside of both your control and the control of your supplier, such as a change in the wholesale cost of gas and electricity (the price your supplier pays for the energy it supplies to your business), a hike in taxes and environmental levies, and even an increase in demand.
If you're a large business that uses a lot of energy and is set across a number of locations, you might want a multi-site energy deal that puts everything on the one tariff to save both time and money.
As a large energy user, you'll also have to take on half-hourly metering - a system that provides accurate meter readings to your supplier every 30 minutes - as this is a requirement for all businesses with a maximum demand of at least 100kW in any half hour period.
To give you a rough idea of how much electricity your business should be using, and how much it should be paying in standing charges and unit costs, check out the table below:
Average business electricity usage and rates
| Business Size | Average annual usage (kWh) | Average price (per kWh) | Standing charge (daily) | Average annual price |
|---|---|---|---|---|
| Micro business | 5,000 - 15,000 | 13.0p - 13.5p | 26.0p - 30.0pp | £650 - £1,800 |
| Small business | 15,000 - 25,000 | 11.8p - 13.0p | 24.0p - 26.0p | £1,900 - £2,900 |
| Medium business | 25,000 - 50,000 | 11.3p - 13.0p | 21.0p - 23.0p | £3,300 - £5000 |
When it comes to commercial gas rates, you'll be put into a category determined by the size of your business, then pay monthly instalments to cover your estimated use. You'll also have to decide whether you want to be placed on a fixed or variable rate tariff.
To give you a rough idea of how much gas your business should be using, and how much it should be paying in standing charges and unit costs, check out the table below:
Average business gas usage and rates
| Business Size | Average annual usage (kWh) | Average price (per kWh) | Standing charge (daily) | Average annual price |
|---|---|---|---|---|
| Micro business | 5,000 - 15,000 | 4.1p - 4.5p | 23.0p - 26.0p | £300 - £700 |
| Small business | 15,000 - 30,000 | 3.8p - 4.0pp | 21.0p - 22.0p | £800 - £1,400 |
| Medium business | 30,000 - 65,000 | 3.5p - 3.7p | 18.0p - 20.0p | £1,500 - £2,000 |
There are so many variables at play when it comes to choosing your business energy provider, so it's a good idea to let the energy experts at UKPower take you through the entire switching process to make sure you're on the best deal.
If you don’t agree a new business energy deal before your current one ends, your supplier will automatically roll you onto one of its expensive out-of-contract rates. So it’s vital you compare tariffs and switch to a better deal before this happens.
One thing to bear in mind is you can’t compare energy prices for business until your current deal enters its renewal window, which is usually between one and six months before its end date. Don’t worry if you don’t know when this is, when your contract enters this window your supplier should send you a letter detailing their offer of a new deal.
It’s unlikely this offer will be competitive, so instead of accepting it, use it as a figure to work with when comparing tariffs from other suppliers.
If you switch to a new deal with a different supplier, your old supplier will send a final bill once your contract with them expires, and may ask for a final meter reading to ensure the bill is accurate. You will also be given a date by which this final bill has to be paid. If you’ve not arranged a new deal by this point, you will be moved onto a rollover contract, or deemed rates, depending on your circumstances and supplier.
When comparing business energy prices, there are two charges you need to pay particular attention to:
Although business energy quotes are designed to meet the needs of the individual business, energy suppliers broadly offer five different types of tariff. To make sure you’re not overpaying for your gas and electricity, it’s important to make sure you’re on the right one.
The five main types of business energy contracts are:
Our energy experts compare all types of tariffs from a range of suppliers to find the best tariff for the needs and budget of your business, saving you valuable time and money.
To help us run more accurate quotes, grab a recent bill and make a note of the following:
We can then offer you a number of quotes, from a range of suppliers, you just then need to decide which deal is the best fit for your business, and we’ll set up your new contracts with your new suppliers.
We don’t just look for the best price either, we also factor in those other features that make life a little bit easier, such as online billing and customer service, so you can be confident you’re getting the complete package.
And we won’t charge your business a penny, our service is completely free of charge.
All you have to do is let us know a few details just give our experts a call on 0800 326 5517 and we’ll do the rest.