This website uses cookies to ensure you get the best experience on our website. Find out more.

Compare Business Electricity Rates

It takes just 30 seconds to view the latest business electricity rates per kWh. Unlike many other business electricity retailers, you can switch entirely online.

It's 3 easy steps. 

Pink arrow.

Input a few of your business details

Pink arrow.

Compare a range of live tariffs

Pink arrow.

Switch online today!

 

Compare live electricity tariffs

Business energy results showcase

Compare Business Electricity Rates With UK Suppliers 

  • British Gas Lite logo.
  • E.ON Energy logo.
  • EDF Energy logo.
  • Npower Business Solutions logo.
  • Scottish Power
  • Smartest Energy Carousel Logo
  • Valda Energy logo CRO

What Information Do I Need To Compare Business Electricity Prices?

To get started and see a price online in  30 seconds we need your business address and permission to look up your usage. Whilst not essential, having a few other things to hand can help you secure a more accurate business electricity rates.

Having a recent business electricity bill, knowing your current meter type and who your current supplier is are useful things to know when getting a price.

Compare live tariffs

Business Electricity Tariffs

Fixed-Rate Tariff

The most popular business electricity tariff for those who want to lock in their rates to avoid future increases. You can fix your rates from 1 year up to 5 years. This means that if wholesale prices increase or decrease you will have the security of paying the same unit rate and standing charge for the agreed amount of time.

Variable-Rate Tariff

This can change each month based on the wholesale electricity prices. This means businesses more open to risk can benefit from price drops but may pay more during times of increasing rates.

No Standing Charge Tariff

Businesses that operate part-time or seasonally can benefit from no standing charge tariffs. However, they are not for every business as they often come with higher unit prices than other tariff types. 

Compare live electricity tariffs

Business Electricity Prices Per kWh 2024

Business Size

Annual Usage

Unit Price/kWh

Standing Charge

Micro Business

Up to 5,000 kWh

25.2p

63.4p

Compare live tariffs

Small Business

5,000-15,000

24.7p

76.7p

Compare live tariffs

Medium Business

15,000-25,000

24.6p

79.5p

Compare live tariffs

Large Business

25,000-50,000

25p

88.5p

Compare live tariffs

Very Large Business

50,000 +

24.6p

105.7p

Compare live tariffs

Compare live tariffs

Data correct as of October 2024. The table to the right shows current business electricity prices for 2-year contracts. Prices vary by UK region and these are the national average.

Business Electricity Prices By Supplier

Suppliers

Electricity Unit Rates (p)

Standing Charge (p)

Smartest Energy

25p

62.3p

British Gas Lite

25.7p

42p 

Scottish Power

23.4p

125p

British Gas

25p

60p

Valda Energy

25.2p

95.6p


Business electricity rates displayed in the table are calculated on a 2-year fixed averged across all UK regions.  Assumed annual consumption of 25,000 kWh per fuel. Prices updated 1 October 2024.

Compare live tariffs

Business Electricity Prices By Region

Region

Unit Rate (p)

Average Standing Charge (p)

Average Annual Cost (£)

London

25.6p

59p

£6,609

North East England

26.8p

89.1p

£7,030

North West England

27.1p

69.2p

£7,021

East Midlands

26.3p

78.2p

£6,867

West Midlands

26.6p

84.7p

£6,951

Yorkshire

26.6p

84.9p

£6,972

East England

26p

69.1p

£6,755

South East England

26.4p

75.5p

£6,865

South West England

27.5p

88.6p

£7,202

Southern England

26.5p

83.1p

£6,933

North Scotland

28p

79.9p

£7,294

Central and Southern Scotland

27.4p

89.3p

£7,184

North Wales, Merseyside and Cheshire

29.7p

93.7p

£7,769

South Wales

27.1p

87.5p

£7,098

Based on average prices on a 2-year fixed rate tariff with 25,000 kWh annual usage. 

Compare live electricity tariffs

Business Electricity Prices For Large Consumption 

Large commercial electricity users are legally required to have a half-hourly electricity meter. Specifically any business with a maximum demand of 100 kilowatts (kW) or more in any 30-minute period. As a large consumption user, this is to ensure that billing remains accurate as estimated billing can cause lots of financial issues for a business with high usage. 

You can still switch suppliers with a half-hourly meter. 

Compare live half hourly prices

Business Electricity Prices For SMEs

Small businesses need to stay in control of their electricity bills. Even with Ofgem extending protections to those that are considered micro businesses, it can be challenging to find the time to secure great deals on business electricity prices. 

According to Ofgem, a non-domestic consumer is defined as a micro business if it meets one of the following criteria:

  • Employs fewer than 10 employees (or their full-time equivalent) and has an annual turnover or balance sheet no greater than €2 million (£1.7 million as of August 2022), or
  • Uses no more than 100,000 kWh of electricity per year, or
  • Uses no more than 293,000 kWh of gas per year.

The benefit of being a micro business electricity user is that you can give termination notice anytime and secure better business electricity prices. Suppliers also have to send your renewal notices. 

Compare live electricity tariffs

How to Compare Business Electricity Prices

  • Chat Icon (1)

    Simply provide us with contact details and we'll look up your electricity meter. 

  • Form Icon (1)

    Choose a great deal from our live panel of electricity suppliers. We work with a panel of trusted UK suppliers with exclusive rates. 

  • Tick Icon (1)

    Once you have chosen your new business electricity tariff, we will have you switched over to your new supplier within 5 working days.

Compare live tariffs
Compare Latest Tariffs