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Compare business energy prices per kWh

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

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When are prices per kWh used on an energy bill?

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:

  • Unit cost - The price you pay for each unit of electricity (measured in kWh) your business uses.
  • Standing charge - A daily charge that covers the maintenance of the national grid, and the cost of transporting electricity directly to your business premises.

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.

How to compare business energy costs per kWh

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.

Average electricity price per kWh and usage figures

Business SizeAnnual usage (kWh)Average price (per kWh)Standing charge (daily)
Micro Business5,000 - 15,00083.3p35.9p 
Small business 15,000  - 25,00082.8p39.5p 
Medium business 25,000 - 50,00080.1p35.0p 
Large businessMore than 55,000 kWh78.2p32.7p 

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. Figures shown are the average unit rates and standing charges quoted by Bionic per business size from September 1 to September 9, 2022

Average gas rate per kWh and usage figures

Business sizeAnnual usage (kWh)Average price per kWhStanding charge
Micro business5,000 - 15,00030.2p32.3p
Small business15,000 - 30,00030.2p40.0p
Medium business30,000 - 65,00028.0p41.9p
Large businessMore than 65,000 kWh29.6p123.9p 

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. Figures shown are the average unit rates and standing charges quoted by Bionic per business size from September 1 to September 9, 2022

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.

What can affect your business energy cost per kWh?

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:

  • The industry that your business operates in.
  • The average annual energy consumption of your business.
  • The size of your business.
  • The number of fuels you are being quoted for.
  • Your current business energy supplier.
  • The location of your business.
  • The length of contract that your business requires.

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.

How to get the best price per kWh for your business energy

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 click the button below, to get switching and saving today.

When are prices per kWh used on an energy bill?
How to compare business energy costs per kWh
What can affect your business energy cost per kWh?
How to get the best price per kWh for your business energy

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1

We find your details

Just enter your business address and we'll use industry data to accurately find and understand your energy usage.

2

We talk through your quotes

One of our UK-based experts will search our supplier panel and give you a call to talk you through the results on screen.

3

You choose the deal you want

With all the information to hand, you choose the deal that best suits your business and we'll handle the switch for you.

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