If you’re looking to lower your utility costs then maintaining or reducing gas unit prices is critical.
Although wholesale costs have risen in recent years, you can still keep the price per kWh at an average 4.25p or lower by shopping around. Contracts available run for at least 12 months. Two or three-year extensions are possible from most major suppliers.
What are the Current Gas Prices per kWh?
Recent quotes undertaken have provided some of the lowest levels in the marketplace. For most SMEs using less than 60,000 kWh per year, the average price being quoted is 4.25p/kWh.
There’s also a daily standing charge of between 19p and 600p per day for the duration of the contract that’s dependent on your annual consumption. The charge increases as your energy usage increases.
|Business Size||Yearly Usage||Unit Price/kWh||Total Bill|
|Micro Business||5,000 kWh||4.343p||£305|
|Small Business||15,000 kWh||4.241p||£706|
|Medium Business||35,000 kWh||4.232p||£1,551|
|Large Business||75,000 kWh||3.597p||£3,139|
Beware of lower unit rates being quoted on the market. For an accurate comparison between suppliers, you should compare your total annual bill including the unit price and daily standing charge.
How Can I Find the Lowest Rates?
All utility contracts are liable to automatic rollover terms.
Renewal letters are sent only to micro businesses. If you have more than ten employees, you need to terminate your current agreement proactively. Rollover rates can double or triple your current tariff with prices fixed for another contract term.
Before switching occurs, you must finish your current contract to be able to move to a new one.
What Time of Year Can I Change?
New tariffs are only available once your current agreement has ceased. The majority of businesses renew in April or October during the second and fourth quarters of the year. Prices tend to be more competitive during these months. As the volume of quotes peaks, the demand improves industry competitiveness.
If your contract is coming to an end, then complete our online quoting form for your meters. If you’d prefer to speak to an advisor, then call us on 0800 002 9822 for transparent quotes.
You’ll need your postcode, company address together with your meter reference number to improve accuracy. You’ll find these located on your most recent bill or original contract.
Who Supplies Gas for Business Customers?
You now have an extensive choice of suppliers who are keen to win your business. There are the traditional Big Six energy companies together with smaller specialist independent organisations.
The big six include British Gas, Southern Electric (SSE), Eon, Edf, ScottishPower, and Npower. Additionally there are another 20 companies including Opus, Shell, SWALEC, Gazprom, and Scottish Gas.
Six Ways to Reduce Your Annual Gas Bills
You can save money in six ways to reduce your overall yearly invoice.
- Switch Contracts Regularly
Switching to the cheapest available tariff using comparison services. Brand loyalty doesn’t exist in this market so lowest price should be your be your strategy. Switching annually is the most popular choice, but more companies are choosing to opt for longer term two and three-year agreements.
- Pay by Direct Debit
Always pay by Direct Debit to discount your bills by an additional 6%.
- Be Energy Efficient
Introducing basic energy efficiency measures in your organisation could cut costs by an additional 10%. Turning off heating or lowering the thermostat are the most common methods.
- Manage Your Gas Consumption
Using energy management systems to analyse consumption levels improves invoice accuracy and knowledge. The data helps you understand where gas is being used during the 24 x 7 period to make adjustments and reduce costs.
- Ensure Your Meter is Accurate
Check your meter is operating effectively and producing the correct readings. A correctly working meter ensures you’re not overcharged.
- Upgrade Old Appliances
Consider replacing old appliances with modern, efficient alternatives. For example, a new gas boiler could be 30-40% more efficient than one that’s now 15 years old.