Compare Business Electricity Suppliers

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Business energy prices are rising and it’s more important than ever to secure the best deal for your business electricity suppliers for you and handle the entire switching process.


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Which business electricity suppliers do we compare?

We show you energy tariffs available from energy suppliers across the market – not just the big six!

Our goal is to provide you with a comprehensive view of the energy market, giving you access to a wide range of options beyond the big six suppliers. By showcasing tariffs from various business electricity suppliers, we empower you to make an informed decision that best suits your needs and preferences.

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Why use Energy Tariffs to Compare energy prices.

Energy Tariffs is the most popular compare business electricity suppliers prices site in the UK and we’ve helped more than five million people switch their energy tariffs.

It only takes a few minutes to find your cheapest energy tariff with Energy Tariff.
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As a business owner, one of the most significant expenses you face is electricity. With numerous business electricity suppliers offering a wide range of energy tariffs, it can be a daunting task to find the best option for your company. In this article, I will provide you with a comprehensive comparison of business electricity suppliers to help you make an informed decision.

Before diving into the comparison, it is crucial to have a clear understanding of business electricity suppliers. These suppliers are responsible for generating and distributing electricity to commercial customers. They offer various tariffs tailored to meet the unique energy needs of businesses. Some suppliers specialize in renewable energy, while others focus on providing cost-effective options. By understanding the different aspects of business electricity suppliers, you will be better equipped to assess their offerings.

To determine the best electricity supplier for your business, it is essential to consider several factors. These include the size of your business, energy consumption, location, and budget. Additionally, it is crucial to understand the terms and conditions of each tariff, including contract length, pricing structure, and any additional charges. By thoroughly evaluating these factors, you can make an informed decision that aligns with your business goals and financial capabilities.

What are the latest business energy tariffs

When looking for the best business energy tariffs, it’s worth knowing what rates similar-sized businesses are paying for their gas and electricity.

To find out what the average business gas & business electricity prices per kWh are in 2023, check out the table below:

compare business energy Latest business gas rates in 2024

Business size Gas unit price per kWh Gas daily standing charge
Micro Business 9.8p 53.1p
Small Business 9.1p 65.7p
Medium Business 8.7p 111.8p
Large Business 8.5p 121.1p

compare business energy Latest business electricity rates in 2024

Business size Electricity unit price per kWh Electricity daily standing charge
Micro Business 29.9p 63.7p
Small Business 29.3p 84.9p
Medium Business 28.7p 85.8p
Large Business 28.9p 84.2p

Comparison of business electricity suppliers

When it comes to comparing business electricity suppliers, there are several key factors to consider. These include the supplier’s reputation, customer service, pricing structure, contract terms, and additional services offered. To simplify the comparison process, it is advisable to create a spreadsheet or use an online comparison tool that allows you to input your business’s specific requirements and compare multiple suppliers side by side.

Start by researching and shortlisting several reputable business electricity suppliers. Look for suppliers that have experience working with businesses in your industry and size range. Once you have a list of potential suppliers, gather information on their pricing structures, contract terms, and any additional services they offer. Consider reaching out to each supplier directly to discuss your specific requirements and obtain personalized quotes.

Who are the big six energy suppliers?

The six largest energy suppliers in the market, Centrica (British Gas’ parent company), EDF, Eon, Npower, ScottishPower, and SSE, are collectively known as the ‘big six’. While the presence of challenger brands is growing, the big six still have the lion’s share of the market. This is partly because they carry more of an air of reliability than other options when it comes to switching suppliers. But, despite their status, there is no guarantee that the biggest of the bunch is the best choice for your business energy tariffs.

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Finding the best energy tariffs consultant in the UK?

Finding the best energy tariffs consultant in the UK is essential for businesses looking to optimize their energy costs and ensure they are on the most advantageous energy tariffs available. These consultants specialize in navigating the complex landscape of energy tariffs, ensuring that businesses benefit from their expertise in identifying the most cost-effective and suitable energy tariffs. By leveraging the knowledge and experience of a reputable energy tariffs consultant, companies can ensure they are not missing out on more competitive energy tariffs that could significantly reduce their operational expenses.

A top-tier energy tariffs consultant will meticulously analyze a company’s specific energy consumption patterns and needs, offering personalized advice on the best energy tariffs to switch to. This thorough approach helps businesses to not only find but also maintain access to the ideal energy tariffs for their unique circumstances.

An excellent energy tariffs consultant will also keep businesses informed about new and emerging energy tariffs, providing guidance on when it might be advantageous to consider switching energy tariffs again. In the dynamic and often volatile energy market, the insight provided by a proficient energy tariffs consultant can be invaluable, enabling businesses to stay ahead of changes and capitalize on the most cost-effective energy tariffs.

The importance of renewable energy in business electricity

In today’s world, the importance of renewable energy in business electricity cannot be overstated. As businesses strive to become more sustainable, choosing a supplier that offers renewable energy tariffs can make a significant impact. Renewable energy sources, such as solar and wind power, are not only environmentally friendly but also offer long-term cost savings.

By opting for renewable energy, businesses can reduce their carbon footprint and contribute to a greener future. Additionally, many customers and stakeholders value companies that prioritize sustainability, which can enhance your brand reputation and attract environmentally conscious consumers.

What is an average business energy tariffs bill?

The cost of your energy tariffs will depend on the type of agreement you have, how and when you consume gas and electricity, and the energy tariffs efficiency of your business. The size and location of your place of work will also be a factor. To give you an idea of what you may be paying, the following are estimates based on annual usage:

– Micro Business: £1,174 for gas and £3,223 for electricity (10,000kWh)

– Small Business: £2,288 for gas and £5,485 for electricity (22,500kWh)

– Medium Business: £4,541 for gas and £13,946 for electricity (47,500kWh)

– Large Business: £5,967 for gas and £16,202 for electricity (65,000kWh)

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Who is eligible for the Energy tariffs Bills Discount Scheme?

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Energy Discount Scheme Eligibility and Conditions

The eligibility for the energy discount scheme is open to those with a fixed non-domestic energy contract signed on or after December 1, 2021. This encompasses new fixed-rate contracts, deemed, out-of-contract, and variable-rate contracts. Large businesses on a flexible purchase or similar contract may also qualify for the scheme. It is important to determine if your business falls into the Energy Trade Intensive Industries category, as the scheme operates differently for them.

Conditions and Thresholds

  • If your unit rates are below the government’s minimum threshold, participation in the scheme is not possible.
  • If the maximum discount is not entirely needed to bring your rates to the government threshold level, you will only receive a partial discount.

Discount and Threshold Rates

For most businesses, the following discount and threshold rates apply:

  • Gas: A maximum discount of £0.00697 (approximately 0.7p per kWh) off the difference between the wholesale element of the unit rate paid to your business gas supplier and the price threshold of 10.70p per kWh.
  • Electricity: A discount of £0.01961 (about 2.0p per kWh) off the difference between the wholesale element of the unit rate paid to your business electricity supplier and the price threshold of 30.20p per kWh.

If your business is classified as one of the Energy Trade Intensive Industries, then the following discount and threshold rates apply:

  • Gas: 4.0p off the difference between the wholesale element of the unit rate paid to your supplier and the price threshold of 9.9p per kWh.
  • Electricity: 8.9p off the difference between the wholesale element of the unit rate paid to your supplier and the price threshold of 18.5p per kWh.

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