Compare Business Electricity Rates
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Compare Business Electricity Rates
Saving money on your business electricity rates takes just 30 seconds, beginning with checking your usage for your business address. We are transforming the way UK businesses switch their electricity and gas suppliers, removing the need for lengthy phone calls. However, if you prefer, our team is available to assist you with your switch during business hours.
You can begin comparing business electricity rates by entering your address. It takes just 30 seconds to view live prices, and you can complete the entire switching process online. We will finalise your switch within 5 working days.
Even though there has been a period of stability in business electricity rates over the last few years, there is always a risk of fluctuations. As wholesale rates change, the costs for both domestic and business customers may increase. Current predictions from Cornwall Insights indicate a steady rise in rates. This presents an opportunity for businesses to review their current contracts before any potential increases take effect if these predictions hold true.
|
Business size |
Annual Usage (kWh) |
Unit Rate (p/per kWh) |
Standing Charge (p) |
Annual Cost (£) |
|
Micro business |
0 - 5,000 | 27.5p | 39.5p | £830.35 |
| Small business | 5,000 - 15,000 | 26.3p | 47p | £2,798.71 |
| Medium business | 15,000 - 25,000 | 25.9p | 57.9p | £5,387.71 |
| Large business | 25,000 - 50,000 | 25.7p | 114.2p | £10,039.85 |
| Very large business | 50,000 - 100,000 | 25.1p | 124p | £19,240.49 |
These business electricity prices are correct as of April 2025. Prices reflect a live electricity market and are subject to fluctuation. This example assumes a 2-year fixed-rate contract based on a UK average.
Choosing the right electricity tariff can significantly impact your savings. Here are the options available to help you make an informed decision for your business:
A fixed unit price and standing charge are agreed upon, and they remain unchanged for the duration of your contract. This offers protection against potential wholesale price increases but also means you will pay the same rate if prices decrease. This option is popular for those seeking certainty in their monthly expenses.
Variable rates change regularly based on wholesale prices. This means you could pay more in the future if prices increase, but you could also save money if prices go down. This tariff is popular for businesses that are willing to take some risks in the energy market.
Renewable tariffs cater to those looking to reduce their environmental impact. Some suppliers provide renewable electricity as standard. Typically, suppliers match the amount of electricity consumed with renewable sources, purchase Renewable Energy Guarantee of Origin (REGO) certificates, or directly supply renewable electricity.
Deemed rate tariffs apply to a business when there is no electricity contract in place, which usually occurs when a business moves into new premises. These rates are typically more expensive, so it is advisable to secure a new deal as soon as possible.
Pass-through tariffs allow businesses to fix their electricity at wholesale prices without paying a supplier's distribution or billing charges. However, government levies and distribution charges will be passed directly to the business, providing greater cost transparency.
Time-of-use tariffs charge different unit rates depending on the time of day or night. Commonly referred to as Economy 7 and Economy 10, these tariffs charge a higher unit price during peak usage hours and a lower rate during off-peak hours. Exact times vary by supplier.
Business electricity prices fluctuate in line with wholesale rates. Since this is a live market, it’s a good practice to regularly compare business electricity rates to ensure you’re getting the best deal. As businesses grow, their electricity needs may change, so it’s wise to review usage and consider if a different tariff might be more suitable. You can compare a range of suppliers with us in just 30 seconds.
Our goal is to help you secure a better deal without taking up too much of your time.
|
Supplier |
Standing Charge (p) |
Day Rate (p/per kWh) |
Annual Cost |
| 31.1p | 26.2p | £6,665.32 | |
| 90.3p | 24.4p | £6,424.68 | |
| 42p | 26.4p | £6,757.61 | |
| 60p | 26p | £6,729.00 | |
| 75p | 25.4p | £6,611.25 | |
| 70.4p | 27.3p | £7,087.52 |
These business electricity prices are correct as of April 2025. Prices reflect a live electricity market and are subject to fluctuation. This example assumes a 1-year fixed-rate contract based on an annual usage of 25,000 kWh.
|
Supplier |
Standing Charge (p) |
Day Rate (p/per kWh) |
Annual Cost |
| 31.1p | 27p | £6,852.64 | |
| 90.3p | 24.1p | £6,343.43 | |
| 42p | 26.9p | £6,880.98 | |
| 62p | 26.6p | £6,875.23 | |
| 75p | 25.4p | £6,630.89 | |
| 73.1p | 27p | £7,008.76 |
These business electricity prices are correct as of April 2025. Prices reflect a live electricity market and are subject to fluctuation. This example assumes a 2-year fixed-rate contract based on an annual usage of 25,000 kWh.
|
Supplier |
Standing Charge (p) |
Day Rate (p/per kWh) |
Annual Cost |
| 31.1p | 27.6p | £7,015.14 | |
| 90.3p | 24p | £6,320.03 | |
| 45p | 27.2p | £6,951.93 | |
| 65p | 26.9p | £6,965.11 | |
| 75p | 25.2p | £6,584.46 | |
| 76p | 26.6p | £6,919.81 |
These business electricity prices are correct as of April 2025. Prices reflect a live electricity market and are subject to fluctuation. This example assumes a 3-year fixed-rate contract based on an annual usage of 25,000 kWh.
|
Contract Length |
Supplier |
Tariff |
Unit Price (p/per kWh) |
Annual Cost (£) |
|
1-Year |
SmartFIXRenewable – 1 Year | 23.62p | £6,109.11 | |
|
2-Year |
Renewable For Business vX7 ADV AG_F27D CED-30/06/2027 | 23.30p | £6,055.83 | |
|
3-Year |
3UR_3.12.36 Single Rate LSC | 23.15p | £6,313.10 |
These business electricity prices are correct as of April 2025. Prices reflect a live electricity market and are subject to fluctuation and region. This example assumes an annual usage of 25,000 kWh and finds the cheapest region.
|
Supplier |
Contract Length |
Standing Charge |
Annual Standing Charge Cost |
Compare |
| Valda | 2-Years | 0p | £0 | Compare Deals |
| EON | 2-Years | 30p | £109.50 | Compare Deals |
These business electricity prices are correct as of April 2025. Prices reflect a live electricity market and are subject to fluctuation and region. This example assumes an annual usage of 25,000 kWh and finds the cheapest region.
You can compare and switch business electricity suppliers online at your convenience. If you prefer to discuss your options with our experts, we’re here to help during business hours. We assist all businesses looking to save money. We’ll manage the entire switching process for you and keep you informed every step of the way.
The Climate Change Levy (CCL) is a charge applied to your electricity bill, often called the "green tax." The government determines the rate each year based on your business's electricity consumption. For 2025, the current CCL charge is 0.775p.
Your Meter Point Administration Number (MPAN) uniquely identifies the electricity meter at your premises. This number helps suppliers charge you the correct amount and verify your address when switching suppliers. The MPAN is a 21-digit number that can be found on your electricity meter and bill.
A daily standing charge is added to your bill. This is a fixed amount that applies regardless of how much electricity you use and covers the costs of supplying electricity to your premises.
Selecting the right electricity meter for your business is a key factor in saving money on your energy bills. Depending on your contract and needs, some suppliers may offer a meter for free.
Most small to medium-sized businesses opt for a smart meter, which automatically sends regular meter readings to the supplier. This reduces administrative tasks and ensures that your billing is accurate and up to date.
Many businesses still use standard meters, which operate at a single rate. With this type of meter, you are responsible for submitting regular readings to your supplier to keep your billing current.
A multi-rate meter is necessary if you want a time-of-use tariff, as it can record multiple rates. This option is popular among businesses that operate during non-standard hours.
Half-hourly meters are intended for businesses with high energy consumption, as they send readings to the supplier every 30 minutes.
Business electricity prices in the UK have stabilised. This is a good time to lock in your prices before they potentially rise again.
The graph below shows the steady stabilisation of business energy rates from April 2024 to April 2025.
We recommend renewing your business electricity contract when it ends to avoid paying inflated rates associated with deemed tariffs, which your supplier will automatically roll you onto.
A few months before your contract ends, you should receive a renewal letter indicating the start of your renewal window. This letter will also suggest the best time for you to switch to a better deal before your current contract expires. It's essential to act promptly and renew your energy contract as soon as possible.
REGO certificates are evidence that the electricity sold was generated from renewable sources. They are used for transparency and to track the transfer of renewable electricity.
In certain circumstances, it may be better to have a cheaper standing charge, but suppliers will often charge a higher unit price to compensate for the lower charge.
In the UK, a micro business has a turnover of less than £632,000, a balance sheet of less than £316,000, or fewer than 10 employees.
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