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If you’re looking to cut your business energy bills, switching to a tariff with a lower unit rate is a good place to start. Energy usage is measured in kilowatt-hours (kWh) and the less you pay for each unit of energy you use, the lower your bills should be. Here’s how to work out your gas and electricity prices per kWh.
3 min read
There are all sorts of costs that go into making up your monthly energy bill, but when shopping around for a new business gas or business electricity tariff, there are two costs you should pay particular attention to:
If you switch to a deal that offers lower unit costs and standing charges, you’ll be well on your way to saving money on your gas bills and electricity bills. To find out more about what makes up your business energy bills, check out our guide to business energy bills.
If you’re ready to make the switch now, click the button below to instantly compare business electricity prices online, or get in touch with our switching team on 0800 188 4930.
If you’d like to find out a bit more about energy prices per kWh before you make your decision, read on.
One of the major barriers business owners face when it comes to switching to a new energy deal is the time it takes to compare business electricity prices. Not only do you need to get a separate quote for gas and electricity, but the only way to make sure you’re on the best rates is also to compare the standing charges and business electricity prices per kWh from each individual supplier – a far cry from the relative ease of simply choosing from a set of predefined tariffs when switching domestic energy.
It’s not all bad news though, as this bespoke service means you can be safe in the knowledge your tariff will be suited to the consumption needs of your business. And comparing business energy with Uswitch for Business means you’ll save both time and money, as our energy experts can quickly compare commercial gas prices per kWh to find you a better deal in minutes.
A quick call is all it takes to compare quotes from a range of suppliers to find out who has the cheapest electricity per kWh for your business. But before you get in touch, it’s a good idea to know roughly how much energy a business the size of yours should be using, and how much it can expect to pay.
The table below shows the industry average electricity and gas cost per kWh, as well as standing charges, based on business size.
Business Size | Annual usage (kWh) | Average price (per kWh) | Standing charge (daily) |
Micro Business | 5,000 - 15,000 | 44.9p | 95.0p |
Small business | 15,000 - 25,000 | 40.7p | 116.5p |
Medium business | 25,000 - 50,000 | 34.6p | 102.5p |
Large business | More than 55,000 kWh | 36.1p | 138.3p |
Note: Bill size may vary according to your meter type and business location. Prices do not include the Energy Bill Relief Scheme. Current market volatility may also mean that the prices you’re quoted are different from the averages shown. The figures shown are the average unit rates and standing charges quoted by Bionic per business size from January 3 to January 6, 2023. Rates do not include any Energy Bill Relief Scheme discount.
Business size | Annual usage (kWh) | Average price per kWh | Standing charge |
Micro business | 5,000 - 15,000 | 18.6p | 66.6p |
Small business | 15,000 - 30,000 | 13.1p | 134.2p |
Medium business | 30,000 - 65,000 | 16.2p | 179.6p |
Large business | More than 65,000 kWh | 10.2p | 278.1p |
Note: Bill size may vary according to your meter type and business location. Prices do not include the Energy Bill Relief Scheme. Current market volatility may also mean that the prices you’re quoted are different from the averages shown. The figures shown are the average unit rates and standing charges quoted by Bionic per business size from January 3 to January 6, 2023. Rates do not include any Energy Bill Relief Scheme discount.
Large businesses, or those with high energy demand, are metered and billed differently to smaller or less energy-intensive operations. For more information, check out our energy guide for large businesses.
If you’re paying above the average prices for electricity or gas per kWh, there’s a good chance you could cut your business gas bills and electricity bills by running a business energy comparison.
The cost per kWh you pay can vary between business energy suppliers. When designing your business energy quote, suppliers first assess the circumstances of your business by looking at things like energy consumption and business location. Gathering this information enables them to know more about your energy needs and will determine the cost of your quote and the cost per unit (kWh) you’ll have to pay for the energy that your business is using.
When assessing and designing your business energy costs, a supplier will look at:
Outside of the factors given above, the energy cost per kWh can also be impacted by factors outside of your control and the control of your supplier. For instance, the wholesale cost of gas and electricity (the price your supplier pays for the energy it supplies to your business) can be affected by anything from natural disasters to political events and conflicts.
It’s easy to assume that the cheapest gas or electricity tariff will be the best deal for your business, and while getting the cheapest possible deal is always a priority, if the supplier you choose isn’t the best fit for your business, you could run into problems further down the line, which could lead to a disruption in your supply, or even see you paying more than you budgeted for.
That’s why it makes sense to let the business energy experts at Uswitch for Business handle the whole thing for you. Not only can we instantly compare quotes from a variety of suppliers, we can help you get the most from the switch, by recommending suppliers with exceptional after-sales service, low unit costs, or low standing charges, depending upon your preferences.
Give us a call today on 0800 188 4930, or leave your postcode in the box on the right and we'll give you a call.
Making sure you're on the best rates is one way to cut costs, but it also helps to be more energy efficient.
There are several ways to improve the energy efficiency of your business, from fitting double glazing to simply making sure you switch things off. Here are some cost-cutting measures you can put into practice to help lower the price of your business energy bills:
Remember, putting energy efficiency measures in place will help cut your usage and lower your bills. But it's important to make sure you're not on expensive out-of-contract rates, or on deemed rates if you've just moved into a new business property.
To compare prices, give us a call today on 0800 188 4930, or pop your postcode in the box on the right and we'll call you back at a time that suits.
By clicking ‘Compare Business Tariffs' you agree for us to search your current energy supplier and usage though industry held data. Enter manually.
Just enter your business address and we'll use industry data to accurately find and understand your energy usage.
One of our UK-based experts will search our supplier panel and give you a call to talk you through the results on screen.
With all the information to hand, you choose the deal that best suits your business and we'll handle the switch for you.
If you decide to switch, we’ll be paid a commission by the new supplier that is included in the prices we quote.
By clicking ‘Compare Business Tariffs' you agree for us to search your current energy supplier and usage though industry held data. Enter manually.