Cheaper energy equals better business
With energy prices rising, switched on businesses are looking for the best energy deal with uSwitch business energy.
Rising energy prices
Energy customers — that includes businesses — have spent the last few years watching energy prices fluctuate.
Although there have been some occasional reductions, these are often not enough to counter the huge increases of the previous years.
However, there are still plenty of savings to be made on business energy prices. Compare business energy quotes and see how much you could save on business energy today.
Cut your business energy prices now
Strike an electricity bargain with the uSwitch business energy experts.
uSwitch is Britain's top gas and electricity switching service because it’s quick, reliable and comprehensive.
We'll compare energy prices for your business so you can switch to the best deal. Whether you're after the best dual fuel deals or just the cheapest commercial electricity prices, we'll make sure you're paired with the best energy plan for your business.
After a brief consultation to ascertain the needs of your business, uSwitchforBusiness energy team will research the market to find you the best deal.
Reduce business energy costs
Our business energy team will liaise with business energy suppliers to find the best energy prices for your business. Our service is tailored to your business's needs and saves you time so you can focus on the running of your business instead.
How much does business energy cost?
Business energy costs depend on a variety of factors, including:
- The size of your business and energy usage
- Your business credit score
- The location of your business
- The number of fuels you are being quoted
- The length of the contract that your business requires
One of the biggest factors deciding how much your business energy will cost is the amount of energy you use to run your business.
Your company's ability to get the best possible energy deal could hinge on how good its credit score is. If you've struggled with repaying debts then you may not have access to the cheapest energy prices on the market.
Energy prices can vary according to region. Suppliers with a reach across the country will have different prices depending on the region they're serving. In addition to this, if you have multiple locations you could have different prices for your energy.
Or you could install a multi-site meter for your business to supply energy to all of your locations on the same tariff.
Some business energy suppliers will provide a discount on the total quote if you choose to buy both your electricity and gas supply from them. In some cases it might be cheaper to get your electricity and gas from separate energy suppliers, so it's worth getting multiple quotes from each supplier.
With some business energy suppliers, the longer your contract with them is, the cheaper your deal is. The length of the contract might not always be the best option if you're looking for flexibility for your business, but if you can handle the commitment then the prices can be cheaper.
What else affects the price of business energy?
Along with the size and requirements of your business and the deals made by each supplier, the price of energy can fluctuate due to a number of external factors beyond yours and the industry's control.
For instance, the wholesale markets for gas and electricity can be affected by a number of things from natural disasters to political events and conflicts. If your supplier is paying more to provide you with energy, then more often than not, that price will be passed onto you.
Government initiatives such as the Climate Change Levy can add a little more to your business energy bill as well. The CCL is a tax on business energy consumption but there are ways to get relief on this.
In fact, one of the added benefits of switching to a renewable energy supplier for your business is that it can make your company exempt from paying the Climate Change Levy.
The table below shows the industry average electricity and gas cost per kWh, as well as standing charges, based on business size.
Average electricity usage and rates per kWh
|Business size||Annual usage||Electricity Price per kWh||Standing charge||Avg. annual cost|
|Micro business||5,000 - 15,000||12.5p||27.0p||£1,349|
|Small business||15,000 - 30,000||11.0p||25.0p||£2,566|
|Medium business||30,000 - 50,000||10.5p||22.0p||£4,208|
Average gas usage and rates per kWh
|Business size||Annual usage||Gas Price per kWh||Standing charge||Avg. annual cost|
|Micro business||5,000 - 15,000||4.0p||32.0p||£516|
|Small business||15,000 - 30,000||3.8p||30.0p||£965|
|Medium business||30,000 - 65,000||3.5p||28.0p||£1,502|
How do I switch my business energy
By using a business energy broker such as uSwitchforBusiness, you can save yourself the time and hassle of contacting each supplier individually and figuring out the ins and outs of the terms and conditions.
uSwitchforBusiness has relationships with dozens of suppliers across the country and has experience dealing with thousands of energy switches.
To switch your business energy:
- Check your renewal window on your current energy contract and see when you're allowed to switch suppliers
- Contact uSwitchforBusiness on 0800 188 4930 or request a call back by filling in the quote form Why pay more for the same energy?
- Tell the business energy experts about your business's energy requirements (see our guide to reading your gas and electricity bills)
- Leave the rest to us and we'll get back to you with a shortlist of the best deals for you
If your business energy contract is not in its renewal window, let us know and we'll monitor the situation and get back in touch to remind you to switch.
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*Based on energy contracts arranged from 01 Jan 2018 to 30 Jun 2018 by uSwitchforBusiness, when compared to prices or renewal quotes from existing suppliers.