Compare Business Electricity Rates
Take control of your business electricity rates in 2025
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Business Electricity Quotes From Trusted Providers
Why Compare Business Electricity & Switch With Us?
When you use our business electricity comparison service you will save both time and money. We compare prices from a panel of well known business electricity suppliers as well as independents so that you can find the best deal for your company.
Based on some basic business information, our intelligent comparison engine will let you see the latest business electricity prices in just 30 seconds. Switch online, or we’re just on the other end of the phone if you need some office hours help.
Useful Information When Switching:
Latest Business Electricity Prices
Our Business Electricity Suppliers
Business Electricity Tariffs
Like going down the aisle in your local supermarket, you can find a range of options when switching business electricity tariffs.
With our comparison service, it’s easy to pick out the tariff that best suits your needs. You can view your tariff options online and quickly compare the latest deals. If you need advice on the right tariff for you, our team is on hand to help.
Here are some of the most popular business electricity tariffs available:
Fixed Rate Tariff
Budget-friendly and easy to manage. This is one of the most popular tariffs as businesses hunting for a deal can lock in the price they find for multiple years. Unit prices will stay the same each month throughout the contract. Even when wholesale prices increase, you’re protected.
The length of tariff available will vary from supplier to supplier. The most common options are between 1 and 3 years with some suppliers offering fixed rates for up to 5 years.
Renewable Electricity Tariff
There’s been a surge in the popularity of tariffs that offer 100% renewable business electricity. Despite many thinking that these deals are much more expensive, many suppliers are offering renewable electricity as standard or pricing dedicated tariffs much more competitively.
The electricity you use will be matched by electricity purchased or generated from verified renewable sources by your supplier. Renewable sources will usually include wind, solar, or hydro.
Pass-Through Tariff
A pass-through tariff allows you to fix your electricity price and choose which charges, such as distribution and network costs, are passed on to you. These tariffs would suit large businesses with a high electricity usage.
You can have the benefit of fixed wholesale costs, whilst also having more flexibility by choosing the non-commodity prices you want passed on to you.
Variable Rate Tariff
A variable business electricity tariff is best suited for businesses who want flexibility. Your unit rate can change each month depending on the cost of wholesale electricity prices. These changes in cost can make it more difficult to calculate future energy bills through your usage.
Unlike fixed rate deals, many variable rates do not include cancellation fees. This means you won’t be locked into your deal for the duration of your contract.
No Standing Charge Tariff
Most business electricity tariffs will include a unit rate and a standing charge. Your standing charge is a daily fee paid to your supplier to maintain your electricity supply.
With a no standing charge tariff, you won’t be required to pay this daily fee. This means if you don’t use any electricity that day, you won’t have any charges from your supplier.
It’s worth keeping in mind that your unit rate may be more expensive with a no standing charge tariff. When you switch with us, you can compare the full estimated yearly costs of your quotes to find the best tariff for you quickly and easily.
Deemed Tariffs
Your business will be placed on a deemed tariff if you move into new business premises and use electricity before agreeing a contract with a supplier. You may also be placed on a deemed tariff if your contract comes to end, and you don’t have a new deal in place.
Deemed rates are often much more expensive than negotiated deals, so it’s important to compare prices and switch as soon as possible.
Business Electricity Prices Per kWh
If you have got this far down the page and haven’t seen live prices for your business, you may be wondering how much your business electricity quote might be.
We’ve decided to gather some average electricity costs per kWh by size of business. This will give you a rough idea of what to expect when you go through our comparison engine (did we mention you’ll be able to see live prices in just 30 seconds?).
Business Electricity Prices By Business Size
Of course, rates change daily - so snap up a good deal when you see it! For the most accurate business electricity quote, you’ll want to see live rates.
Data correct as of April 2025. Annual cost based on a 2-year contract and the maximum kWh usage within each business size banding. These prices reflect a live market and are subject to fluctuation.
| Business Size (Annual Usage) |
kWh/Unit Price | Standing Charge | Annual Price (£) | Electricity Comparison |
|---|---|---|---|---|
| Micro (up to 5,000 kWh) |
27.5p |
39.5p |
£830.35 |
|
| Small (5,000-15,000kWh) |
26.3p |
47p |
£2,798.71 |
|
| Medium (15,000-25,000kWh) |
25.9p |
57.9p |
£5,387.71 |
|
| Large (25,000-50,000kWh) |
25.7p |
124p |
£10,039.85 |
|
| Very Large (50,000kWh) |
25.1p |
122.2p |
£19,240.49 |
Typical Business Electricity Prices By Industry
The type of industry your business operates in will impact consumption. This translates to higher rates per kWh.
Here are some examples of prices for different types of businesses:
| Business Type | Unit Price (p/per kWh) | Estimated Usage (kWh) | Annual Cost (£) |
|---|---|---|---|
|
Coffee shop/ Newsagent |
27.5p |
2,500 |
£830.35 |
|
Hair salon |
26.3p |
10,000 |
£2,798.71 |
|
Small farm |
25.7p |
37,500 |
£10,039.85 |
|
Restaurant |
25.9p |
20,000 |
£5,387.71 |
What Impacts The Market Price Of Business Electricity?
Your business electricity rates will be impacted by market activity. These factors are:
- Demand - A rise in demand can lead to an increase in wholesale electricity costs.
- Weather - The weather can cause an increase or decrease in the demand for electricity. People will use lighting and heating more in cold and dark weather.
- Commodities - The cost of the commodities that create electricity has a significant impact on market costs. The main commodities are fossil fuels such as gas, coal and oil.
- Carbon Cost - Generators powered by fossil fuels are required to purchase a certificate for each tonne of CO2 created. This serves as a penalty for not using renewable sources such as solar, wind or combined heat and power.
- Delivery Constraints - Any outages, maintenance or connection issues can affect electricity market costs.
Business Electricity Supplier Pricing
Looking for the cheapest business electricity supplier? Although this changes almost daily, we want to provide you with a snapshot of some of the latest average electricity supplier prices. The cheapest electricity supplier for your business will change depending on how much electricity you use and your preferred tariff type.
For accurate pricing tailored to your business, you can compare business electricity prices with our easy-to-use comparison engine. All you need to get started is your postcode and you can view the latest prices in as little as 30 seconds.
Supplier Unit Rates & Standing Charges
When you compare business electricity prices, you will be quoted a unit rate and a standing charge.
Your unit rate is displayed in pence per kWh and is the amount you pay for each unit of electricity your business consumes. The standing charge is a daily fee paid to your supplier to maintain your electricity supply.
Here, you can view the latest business electricity unit rates and standing charges from a selection of suppliers. All prices are from April 2025 with a usage of 25,000 kWh per year for a 2-year contract.
For the most accurate prices, you can compare business electricity rates with us.
Once you've selected your tariff, you can even complete the entire switch online. If you need more support, our expert team is just a phone call away.
| Electricity Supplier | kWh Unit Price | Standing Charge |
|---|---|---|
|
24.1p |
90.3p |
|
|
27p |
31.1p |
|
|
26.9p |
42p |
|
|
27p |
73.1p |
|
|
25.4p |
75p |
|
|
26.6p |
62p |
Business electricity prices have fallen in recent months after peaking during the energy crisis.
Here, we’ve provided an example of the average annual business electricity bill by supplier. These prices are based on a yearly usage of 25,000 kWh with a 2-year contract from April 2025.
It’s important to remember that these prices act as a guide and will change daily and depend on the specific needs of your business.
Ready to find out who today's cheapest business electricity supplier is? Click below to compare prices.
Business Electricity Quotes For All Businesses
Quotes For Small Businesses
It can be difficult to find time to take care of things like switching electricity. That’s why we developed our Self Service platform after chatting with some customers.
The modern small business is too busy looking after their customers during office hours, so we have built a comparison engine that allows customers to switch anytime 24-7, 365 days a year.
Quotes For High Consumption Businesses
If your business has a high electricity consumption, you’ll be likely to use a half hourly meter.
Businesses with a peak electricity demand of 100 Kilo Volt Amperes (KVA) or more every half hour are required to install a half hourly meter.
If your business has a peak electricity demand of 70KVA or more each half hour, you will have the option of installing a half hourly electricity meter.
Should I Renew My Business Electricity Contract?
As your business electricity contract comes to an end, you should receive a letter between 60 - 90 days stipulating the exact end date and whether you’d be looking to renew with your current supplier. Before agreeing to continue with the same supplier, we always recommend shopping around for a better deal, to save you and your business some money that could be invested elsewhere in the company.
If you don’t renew your contract with your current supplier or fail to switch to a better deal with someone new, you could be rolled onto a deemed tariff which is usually much more inflated and expensive. So, the best time to renew your business electricity contracts is within your renewal window, to guarantee you don’t end up paying more than you should.
When you renew with BusinessEnergy.com you will be taken care of by our elite team of electricity experts. They will handle all communications with your chosen supplier and will always negotiate a better deal for you. Our electricity experts will also be able to find you the best deals when it comes back round to renewing again as your next contract ends, leaving you to run your business. We will take care of the electricity side, and communicate with you on any updates.
Business Electricity FAQs
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How Long Does It Take To Switch Business Electricity Supplier?
We aim to switch our customers to their new business electricity supplier within 5 working days of approval.
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What Is A Multi-Site Meter?
Got multiple business addresses? A multi-site meter allows owners to consolidate multiple buildings onto one contract and bill. This makes managing electricity usage for several sites much easier.
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Can I Get A No Standing Charge Tariff?
Some suppliers offer no standing charge tariffs. Whilst on the surface, a no standing charge tariff may seem very appealing, suppliers will usually offset this by charging a higher unit price. Businesses using a small amount of electricity could benefit from this type of tariff.
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Is Electricity Cheaper At Night?
Electricity is cheaper at night if an Economy 7 or 10 tariffs is selected. These are often called multi-rate meters. There could be multiple unit rates set by the provider for day, night and weekends.
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What Is A Micro Business?
There are multiple benefits to being classed as a micro business including a requirement to receive a renewal notice. Businesses are classed as ‘micro’ if they fit into one of these categories:
- Employs less than 10-people and has an annual turnover of no more than €2 million
- Uses less than 100,000 kWh of electricity annually
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Will My Electricity Supply Be Cut Off When Switching?
No, you won’t lose your business electricity supply during the switch. We will liaise with your new and old supplier to ensure your switch can take place seamlessly.
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What Is The Climate Change Levy (CCL)?
CCL is an environmental tax used to encourage businesses to become more energy efficient. Any UK business can join the Climate Change Agreement Scheme to pay reduced rates.
The 2023 CCL rate for electricity is set at 0.00775 per kWh.
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What Is P272 Legislation?
Introduced almost 10 years ago, the P272 legislation aimed to move all high-consumption users onto a half hourly meter.
This was phased in over time by energy regulator Ofgem for businesses in profile classes 5 to 8 to manage the Balancing and Settlement Code.
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Does The P272 Legislation Apply To My Business?
All businesses in profile classes 5 to 8 that have an advanced meter installed are impacted. If your profile class is in this range, you need to upgrade to a half hourly meter asap.
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What Is P322?
This is a further modification to profile classes 5 to 8 helping these businesses and suppliers move to a half hourly meter.
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What Are Power Purchase Agreements (PPAs)?
Power Purchase Agreements (PPAs) act as contracts between a company buying energy and a renewable energy provider.
They set out the details for selling electricity over a specific time at a fixed price.These agreements are essential in supporting renewable projects, offering assurance of income for developers and ensuring stable costs for buyers in the long run. Renewable sources such as wind, solar, or hydroelectric power can be part of these agreements.
How to Get Our Best Business Electricity Deal
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1
Tell us your postcode and we'll find your meter
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2
Compare our best business electricity quotes from top suppliers
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Choose the best deal, we'll take care of the rest