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See How Much You Can Save on Your Business Energy in 60 Seconds

Make savings of up to £1,067 on your Business Energy renewal

 

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Business Energy is an independent and impartial comparison service for businesses looking to reduce the price of their utilities. Founded in 2009, we’ve helped 43,983 businesses save over £17.5 million. 

Compare Business Energy Suppliers 

We help companies of all sizes save money on their business energy bills. We have created a group of trusted business energy suppliers to save our customers as much money as possible on their energy bills.

To access these exclusive business energy deals, simply use our switching service to compare business energy suppliers. You will have access to a wide range of tariffs for your business electricity and gas.

It takes just 60 seconds to compare business energy prices online. For custom energy tariffs, our team are more than happy to help build the right tariff for you.

Thousands of small and large companies across the UK have already partnered with us to reduce their energy bills. Start saving today and compare business energy deals.

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Our Trusted Business Energy Suppliers

We have strong partnerships with over 30 leading UK business energy suppliers. Once you have found a deal, our team will get started and you can start saving on your business energy bills. Our dedicated switching team will guide you through the process. Comparing business energy tariffs takes minutes and we save our business energy customers £1,067* on average.

By using out business energy comparison engine, you will gain access to business energy quotes from a variety of ‘Big Six’ and independent energy suppliers. All you need is a recent gas and electricity bill with your energy usage on to ensure energy costs quoted are accurate.

Our business energy comparison provides you with everything you need to make an informed decision for your business.

If your company requires a more custom business energy contract, our team of experts are more than happy to help find you the best business energy supplier for your usage. We'll ask some question about your usage habits and current energy meters to ensure we fully understand your requirements.

We will then find the best prices for your gas and electricity. If you would like to discuss your business energy quote further, our specialist team are happy to help.

Average Business Energy Bills

The average business energy bill is £3,061 per year for electricity and £865 per year for gas. Prices differ depending on consumption, credit rating and regional location of business premises. 

Due to shifts in demand and energy market prices, every business energy deal varies from business to business. Therefore, these business energy rates do not reflect accurate prices for accurate business energy quotes.

If you feel you’re overpaying for your energy, now could be the time to compare business energy rates and switch to a cheaper business energy tariff.

Compare prices
Business Type Electric (kWh) Gas (kWh)
Micro 16.17p 4.55p
Small Business 14.08p 2.36p
Medium Business 11.60p 2.14p
Large Business 11.38p 1.77p
Industrial 11.62p 1.79p

Prices last updated: June 2021.

Source: Gov UK

Average Energy Graph

Large Business Energy & High-Volume Consumption

Organisations using large amounts of business energy have several specific requirements. Standard business energy comparison services do not account for certain specifics. This is where our business energy experts come in.

To find the right gas and electricity deal for your business, we will ask some questions to help us understand your requirements. This will help use determine the right commercial energy suppliers for you and help us build some leverage to negotiate energy prices.

We have helped large number of high-volume users save thousands on their business energy. Our team will secure a great deal on your next business energy contracts to ensure you maximise savings on your gas and electricity.

Our experts can also advise on half-hourly meters, multiple buildings, and many more requirements for large business energy.

How to find accurate business energy prices

Renewal letters typically contain higher prices that market average. You should always compare business energy prices before agreeing to your renewal contract.

Business energy suppliers change prices regularly in line with market trends. As many companies think it is much easier to automatically enter a new deal, your business energy supplier will make more money from your energy usage.

Lots of factors effect business energy prices including weather, global events, and demand. Here is what you should do ensure you are getting an accurate business energy prices.

In many cases it is recommended that you switch business energy suppliers is the best way to save on your gas and electricity. Using our comparison engine does not necessarily mean that you need to switch energy suppliers. We may advise that you stay with your current supplier, but we negotiate a better energy contract on your behalf.

  • 1. Remember to terminate your contract

    If you have decided to switch your business energy supplier, you need to terminate your contract before it comes to an end with your current energy supplier. Failure to terminate in time means your energy supplier will place you on a rollover contract. These are expensive contracts and prices will rise significantly.

    Suppliers are not required to send renewal letters to businesses, unless you’re a microbusiness

  • 2. Locate Meter Registration Numbers

    Business energy prices are more accurate if you provide your Meter Point Administration Number (MPAN) or Meter Point Reference Number (MPRN)for each meter.

    You will need to provide them for all company buildings if relevant. These number can be found on any recent invoice from your supplier.

  • 3. Information About Your Company

    With so many factors impacting the price of energy, it is important we get accurate information about your company. This includes:

    • Business address and postcode
    • Required contract start date
    • All meter numbers
    • Consumption in kWh (this can be found on a recent bill)

    With this information, the online prices will represent a more accurate picture of any energy deal available. This will also help make the process much smoother should you decide you're switching business energy suppliers.

  • 4. Switch with Confidence

    The only thing left to do is to select the best business electricity and gas contract. Our team of experts will manage the process for you, keeping you up to date every step of the way. Despite a complicated process, our team will make sure switching business energy suppliers is an easy process for you.

    If you're unsure which business energy deal is right for you, we will take the time to understand how you use energy to advise on the best tariff available for your business.

    Once you switch business energy with us, we will be in touch to remind you when your contract is coming to an end. This means you will never overpay for your business energy again.

It is likely that your current energy supplier will provide you with a better deal if you compare business energy quotes to understand the current market rate and negotiate your current energy contract using the exclusive deals from Business Energy.

It is recommended that you regularly review your business energy. However, if wholesale market prices are lower than average, it may be a good idea to fix your business energy prices for a longer term. Keeping an eye on the business energy market will provide guidance on what is best for your company. Simply reducing energy costs by increasing energy efficiency can help alongside your current business energy contract.

It's important to remember that once you have agreed to a business energy contract, you cannot exit the contact early. So it is important to understand the deal you're entering before you switch business energy suppliers. You can only leave a commercial energy contract early if you move business premises.

Am I eligible for any discounts?

Some business energy providers offer a small discount if you pay via direct debit. Discounts range from 2% to 6% depending on the business energy supplier you choose.

All regular businesses pay 20% VAT unless they are a charity and could be eligible for a discount. The discounted business energy rate is currently 5%. These businesses are also exempt from paying the Climate Change Levy (CCL).

Making simple changes to energy usage habits and becoming more energy efficient could save you a significant amount on both gas and business electricity prices. Many businesses regularly conduct an energy audit to see how much money they could save. This money is then usually invested back into other areas of the business. This is particularly useful for any small business looking to free up some cashflow and save money.

Climate Change Levy (CCL) Rates

Here are the Climate Change Levy rates for 2021:

  • Electricity (per kWh): 0.775p
  • Gas (per kWh): 0.465p

Data source: https://www.gov.uk/guidance/climate-change-levy-rates

Green Business Energy Tariffs 

Many businesses are opting to make the switch to renewable energy. Quite often the first step is to select a green energy tariff. Our comparison service includes a range of renewable energy tariffs to help businesses become more responsible. Most energy suppliers offer a variety of green energy tariffs for both business electricity and gas. Many independent business energy suppliers only offer green tariffs exclusively, so considering every energy supplier is advised rather than sticking to the 'Big Six'.

Whilst you will be familiar with many of the ‘Big Six’ suppliers, our comparison engine considers independent suppliers who supply 100% renewable energy. We will compare both ‘Big Six’ and independent green business energy tariffs without any bias.

Ready to switch commercial energy suppliers? Click here to view our range of energy deals and see how much you could save.

Frequently Asked Questions

  • Why should I switch business energy suppliers?

    Businesses use a lot more energy than households, so it is important to keep costs under control. Compare business energy suppliers to save hundreds of pounds each year. Many businesses use the money saved to reinvest in other parts of the business.

  • Do business energy tariffs offer dual fuel option?

    Business energy suppliers do not offer dual fuel tariffs. You will need to switch your business electricity and gas contract separately.

    They can be easily managed if you switch both at them at the same time for the same contract length. This allows you to keep track of the contract end date.

  • What types of business energy tariffs are available?

    Businesses are on one of five types of tariffs:

    Variable-rate tariffs – on this tariff, the price of energy is determined by market activity. This means that prices can increase and decrease at any time. There is an element of risk to committing to this type of tariff. Businesses who would like some flexibility may chose this tariff, especially if the market is seeing low prices.

    Fixed-rate tariffs – this tariff fixes the price of your energy. This means that you will pay one consistent cost per unit (kWh). Your bill will still be affected by the businesses level of usage. The more energy the business uses, the higher the bill.

    Deemed-rate tariff – these are commonly known out-of-contract tariffs. These are rolling contracts with expensive rates. This is when no contract has been formally agreed.

    Rollover contract – This is when no alternative contract has been agreed before your current one ends. These are usually the suppliers most expensive rates and should be avoided.

    28-day contract – These are less common. Only businesses who have never switched their business energy supplier since the market deregulation are on this type of contract.

  • How long does it take to switch business energy suppliers?

    Switching business energy supplier takes 4-6 weeks. The process can be delayed if you have not supplied all the information needed to your new supplier.

    If you switch with Business Energy, our experts will make sure that the process is as quick and as smooth as possible.

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Percentage energy savings quoted are against customers who let their last contract renew automatically.

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