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Compare Business Gas Prices in 30 Seconds | Latest kWh Prices

Compare business gas prices with our trusted panel of energy suppliers.  

Unlike other business gas comparison services operating in the market, you access live prices in just 30 seconds. You will also be able to switch entirely online to help you save money even with a busy schedule.  

With wholesale business gas prices seeing stability, it is a great time to get a fixed-rate deal.

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Compare Business Gas Prices With UK Suppliers

  • British Gas Lite logo.
  • Opus Energy logo.
  • E.ON Energy logo.
  • EDF Energy logo.
  • Shell Energy logo.
  • Npower Business Solutions logo.
  • Valda Energy 450X126
  • Scottish Power
  • Logo Crown (2)
  • Chat Logo.

    Enter your details and see live business gas prices online in as little as 30 seconds. 

  • Survey Icon.

    Browse your business gas quotes online and choose the best tariff for you. 

  • Switch Complete Logo.

    Checkout & switch completely online in your own time. We're always at the other end of the phone if you need help. 

Business Gas Prices Per kWh In February 2024 

This table of business gas prices per kWh reflects the average cost of gas per kWh as paid by companies of various sizes (based on consumption levels). Find a suitable business gas tariff that fits perfectly with your company's size and everyday needs, by comparing the latest 2024 business gas prices.  

Data correct as of February 2024. 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. For the most accurate data, you should use our energy comparison engine to get a live business gas quote. 

Business Size (Average Usage)

Business Gas Unit Price (p/kWh)

Annual Cost
(2-year contract)

Very Small (5,000 kWh)

9.6p

£641

Small (15,000 kWh)

7.9p

£1,382

Medium (25,000 kWh)

7.7p

£2,203

Large (50,000 kWh)

7.7p

£4,241

Very Large (10,000 kWh)

6.6p

£7,310

Gas prices are 68% cheaper than last year 

Cheapest Business Gas Price By Suppliers In February 2024

The cheapest business gas supplier often changes daily. As we can only offer great deals based on your information in our engine, below are business gas rates from top UK suppliers based on 25,000 kWh of usage annually. This comparison was completed in February 2024. To find the best commercial gas price we can offer you today, we advise that you use our engine to compare. 

Supplier

Price per kWh

Daily Standing Charge

Annual Cost

smartest energy logo.

6.6p

144.6p

£2,185

Scottish Power Logo.

7.3p

30.6p

£1,947

British Gas Lite

8.4p

45.4p

£2,023

British Gas logo.

8.4p

75.6p

£2,363

valda energy logo.

7.4p

41.1p

£1,993

edf logo.

8.4p

25p

£2,203

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Compare Business Gas Prices To Beat Your Renewal 

It may seem much easier to accept the business gas rates that come through with your renewal notice. However, these are often priced much higher than the rates you could secure from a quick gas comparison and switch

We have made the process of business gas comparison easy, taking away all the time-consuming aspects of switching business gas suppliers away from you. We offer a full service ensuring everything is switched over with ease. We may even be able to negotiate better commercial gas prices with your current supplier. 

Beat Your Renewal

Does Higher Usage Mean Cheaper Business Gas Prices?

Higher consumption and large businesses will typically pay a lower price per kWh for their gas than lower consumption users. 

These types of businesses require a more bespoke commercial gas tariff with advanced energy management systems. During times of higher business gas prices, the UK Government has announced a support package that offers higher discounts to large businesses that meet the criteria of Energy and Trade Intensive Industries

Wholesale Gas Price Trends 

Over the last few years wholesale gas prices have been extremely volatile due to multiple world events combined with several smaller issues hitting in a short period. Notable factors include lower gas storage levels in Europe and reduced pipeline imports from Russia. 

To understand the highs that wholesale gas prices reached, we have gathered statistics from Ofgem, the industry regulator. These wholesale prices are what prices suppliers face when purchasing fuel to supply their customers. These wholesale prices have a large impact on customer billing as they make up a large portion of the final bill.

The prices in the table below are measured in pence per therm; a measurement used when dealing with much higher amounts of gas. 

Date

Wholesale Price p/therm

February 2021

48.29p

December 2021

270.12p

February 2022

172.34p

December 2022

327.74p

February 2023

156.25p

December 2023

85.38p

Are Small Business Gas Prices Higher?

What is considered a small business by many is viewed differently by gas suppliers. Split into two categories, small businesses and micro. Micro business gas prices are seen as similar to the domestic market so prices are often similar to the domestic market.

Larger businesses will use more gas so will be able to negotiate a lower price per kWh.

According to Ofgem, a non-domestic consumer is defined as a micro business if it meet 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 main benefit of being defined as a micro-business rather than a small business is that you can give a termination notice at any time. Typically, it is much easier to manage your business gas usage if you’re a micro business but you do pay higher business gas rates. This is because they usually have similar flexibility to domestic contracts.

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How Are Business Gas Prices Calculated?

Looking over your business gas bill can raise several questions and one of the most common ones we come across is ‘How is the cost of business gas calculated?’    

Two costs require attention when reviewing your business gas, and these makeup most of the cost of business gas quote. 

  • Unit rate - this is your business gas charge. This is displayed in pence per kWh of gas used. For example, if your agreed fixed unit rate is 8.2p per kWh and you use 15,000 kWh of gas annually; you can calculate your annual business gas cost by multiplying 0.082 by 15,000 (£1,230). You will need to add additional costs to this figure. 

  • Standing charge - a daily fee paid to your business gas supplier for the management costs of delivering the fuel to your premises. Initially, this may seem like a high number, but the costs remain unchanged regardless of how much gas you use. For example, with a standing charge of 30.2p per day, you’ll be paying £116.80 annually.

  • VAT - a flat % standard rate of 20% will be applied to your business gas bill. Discounts are available for charities and non-profits who may be eligible to pay only 5%. 

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