Business Electricity & Gas
Compare energy suppliers effectively and save up to £1120* on your gas and electricity
Get the best business electricity & gas deals
Our team has been helping UK businesses save thousands of pounds for years by reviewing their energy contracts. We have acted as an energy consultant for companies of all sizes, from micro-businesses to SMEs and large enterprises in a variety of industries. Switching gas suppliers and getting better electricity deals has enabled our customers to make more funds available for other areas of their company and to grow their operations.
Working with a business energy broker means that we do all the hard work for you. Our experienced consultants will look at different suppliers’ offerings and recommend the ones that suit your needs the best. Getting the most suitable deals for your energy supply does not only mean savings on energy bills in the short-term but also increased efficiencies in the long-term.
Save on Business Electricity Rates
As your business relies on electricity, it is essential that you can rely on your electricity supplier. We make finding the right rate for your business as easy as possible, ensuring you get the best possible service at the most reasonable price.
With so many options available, we iron out the complexities involving tariffs, business size and usage rates, running comparisons that leave you with all the information you need to do what’s right for your business.
Whether you’re on a fixed rate, deemed rate or rolling contract, or your business is large or small in size, there’s always a chance that you could save money by switching electricity suppliers.
Switch to a Smarter Gas Supply Deal
If gas is a requirement of your business operations, a gas supplier comparison can identify some huge cost savings. When you’re searching for a deal, it’s not always advised to go for the cheapest price available but, instead, one that is suited to your individual business, its needs and its functions.
We take into consideration the size of your company, your gas usage and your current tariff when drawing comparisons, which then provides you only with the relevant information to help you make an informed decision.
If your business wants to start making savings, it might be time to put your foot on the gas with a new supplier deal.
Save time and money by letting us do all the hard work in gathering the information you need and finding you the best business gas and business electricity prices in the UK. Start the search for your new gas or electricity supplier today with an online quote, or speak to our team on 01444 220060.
Take control of your gas and electricity contracts today!
When you work with Smarter Business, you benefit from all of our energy services:
Business Electricity Comparison
We work with the best business electricity suppliers in the UK and consult numerous electricity tariffs to get the best deals for our clients. Let us compare business electricity rates for you, saving you time and helping you find a contract most suited to your business’ needs. Get an online quote now and start saving on your electricity bills.
Business Gas Comparison
Switch business gas suppliers and improve your bottom line. We compare business gas prices for you and recommend the best deals on the market for your business.
Utility Management Plan
No matter what your business does, we can create a utility management plan for you. We’ll look at the different areas of your activity and consider various ways in which you can better manage your business utilities, such as updating your gas meter.
Business Energy Consultants
As one of the largest energy consultants in the UK, we’ll procure the best gas, electricity and water prices from a wide range of suppliers. We’ll also monitor and manage your energy portfolio to help you identify efficiencies. It all starts with an online quote, so why not get one today?
Carbon Management, Energy Audits & Compliance
By partnering with Smarter Business, you have instant access to a comprehensive energy service. We not only obtain the best rates for your utilities but we can also perform a full review of your commercial premises around your electricity, gas, and water. Our energy audits will help you save money and reduce your carbon footprint by optimising your operations.
Energy Monitoring Software
Our cloud-based software – Dataview and Openview – allows you to manage and monitor your energy usage and portfolio in real-time. You can buy energy at the optimal time and quickly and accurately identify cost-saving opportunities for improving your business’ profitability and competitiveness.
Business Energy Suppliers List
We work with the UK’s best business energy suppliers to compare quotes based on standing charges and usage charges to get you the best energy deals for your business.
Types of Energy Contracts
How to switch gas or electricity suppliers
Complete our online form to get a FREE quote.
Gas and electricity prices vary depending on a number of factors, including postcode and usage. We use the details you share in the form to provide you with accurate tariffs.
Choose the best deal
We’ll provide you with a list of providers, plans and tariffs that suit your needs, are available in your area and show clear cost savings. You can then make an informed decision on the plan you would like to switch to.
Switch gas or electricity providers
Once you’ve come to a decision, we’ll take care of the switch. We’ll contact your new supplier and inform your old one. And don’t worry, your energy will not be cut off when you switch suppliers.
Enjoy saving on bills!
With all the hard work taken care of, you can sit back and enjoy saving on your gas and electricity bills. It’s recommended that you run comparisons regularly, or at least as a current contract reaches its end, to continue benefiting from savings.
Business gas and electricity tariffs explained
Unit rates for business gas and electricity are typically lower than domestic prices, although VAT is charged at a higher rate. Prices are dependent on business size, location and consumption and there are the different tariff plans and contracts available:
As it’s the unit price that is fixed, bills can vary depending on your usage of gas or electricity each month.
This tariff is beneficial for businesses who want to stay on top of their utility expenditure, while being protected from any energy price increases. However, a downside of this is that you won’t benefit from any decreases in energy prices.
Another thing to consider before opting for a fixed rate tariff is that most of them have exit fees. This is a lump sum penalty charge that is incurred if you switch suppliers before your contract has ended, making it more difficult to compare and save.
These tariffs are attractive when entered into while market prices are low but they can increase rapidly, resulting in higher monthly bills.
Usually, when an energy deal expires, businesses are automatically switched onto the supplier’s variable rate tariff, which could prove costly if not monitored. When this happens, it’s best for a business to run a comparison to ensure they are still getting the best deal.
Therefore, an advantage of variable rate tariffs is that you are free to switch at any time and no exit fee will be charged.
However, these contracts ensure your business is not disrupted by a cut off in energy supply until a deal is negotiated. The 28 day rollover period could mean that in a very short amount of time, your business could benefit from huge cost savings by running a comparison and switching suppliers before the next 28 days commence.
Dual/single fuel contracts
A dual fuel contract is where you are supplied both gas and electricity by the same supplier and on the same tariff. This is seen as the simplest option for many as it means only having one bill and dealing with only one supplier.
However, for businesses who want to make sure they are getting the best possible deal in terms of cost savings, you can compare single fuel tariffs and take out separate contracts for gas and electricity.
Green energy suppliers
Climate change is a big concern for many businesses. Whether you’re seeking to reduce your carbon footprint or on a net-zero initiative and aiming to become carbon neutral, switching to a green energy supplier is a logical first step.
Typically, these providers are not the cheapest around but, as demand for sustainable energy increases, a green deal could present savings when compared to your current tariff, so it is definitely worth checking.
Green tariffs work in a variety of ways to meet the needs of different types of businesses. For example, some offer a completely renewable energy supply, while others combine a mixture of both renewable and non-renewable sources. In a similar way, some suppliers promote initiatives like matching your energy consumption by purchasing the same amount of renewable energy.
Business Electricity FAQs
- Is electricity cheaper for businesses?
- Can I cancel my business electricity contract?
- Is there VAT on business electricity?
- Who is my business electricity supplier?
- Can I change my business electricity supplier?
- How much does electricity cost per month for a business?
- How much electricity does a business use?
- How much is business electricity per kWh?
Is electricity cheaper for businesses?
Business electricity rates are typically lower than domestic electricity rates due to the higher volumes involved and contracts that are tailored to business’ unique needs.
Read more about the difference between commercial and domestic energy.
Can I cancel my business electricity contract?
Business electricity contracts are set for a fixed length of time (generally at least 12 months; with some contracts extending to three years or more). Your business is tied to this contract until it expires. Your business electricity contract wording will indicate a specific period of time during which you can invoke termination and switch to another supplier.
Is there VAT on business electricity?
Yes, VAT is usually automatically added to the tariff of your business electricity. Unlike other business to business purchases, you cannot claim the tax back.
VAT is typically charged at 20% however, some businesses may be eligible for a discounted rate of 5%.
Find out if you qualify and how to save here.
Who is my business electricity supplier?
To find out who your business electricity supplier is, you can check for the supplier name on your electricity bill, ask your energy consultant, or call your regional electricity distribution number.
Read more about the ways to find out who your business electricity supplier is.
Can I change my business electricity supplier?
Although you can switch business electricity suppliers at any time, you may incur a penalty from your existing supplier if you aren’t in the switching period of your contract. For this reason, it’s advisable to wait until near the end of your contract or when you move premises.
How much does electricity cost per month for a business?
Electricity costs per month vary from business to business and are dependent on its size and consumption or usage. Some businesses may even opt to pay their bills quarterly, rather than monthly.
Average costs are typically calculated annually and can fall anywhere between £650 (for a microbusiness) to £5,000 (for a medium-sized business). For more information and to find out how you can save on bills, read our guide.
How much electricity does a business use?
The amount of electricity a business uses varies with the size of the business and its function. On average, business electricity consumption is as follows:
- Microbusiness: 5 000 – 15 000 kWh per year
- Small business: 15 000 – 30 000 kWh per year
- Medium business: 30 000 – 50 000 kWh per year
Find out more about average business electricity usage here.
How much is business electricity per kWh?
Costs of business electricity per kWh vary depending on the size of the company. The average costs are:
- Microbusiness: 14.4p – 15.9p per kWh
- Small business: 14.3p – 15.1p per kWh
- Medium business: 14.3p – 14.7p per kWh
Business Gas FAQs
- Is gas cheaper for businesses?
- Can I cancel my gas electricity contract?
- Will my gas meter need to be replaced?
- Who is my business gas supplier?
- Can I change my business gas supplier?
Is gas cheaper for businesses?
Gas unit costs may seem cheaper for business customers than for domestic customers. Businesses pay a lower per unit price for energy, largely due to volumes and economies of scale – the larger the business, the lower the unit rate.
Read more about the difference between commercial and domestic energy.
Can I cancel my business gas contract?
Business gas contracts are set for a fixed length of time (generally at least 12 months; with some contracts extending to three years or more). Your business is tied to this contract until it expires. Your business gas contract wording will indicate a specific period of time during which you can invoke termination and switch to another supplier.
You don’t necessarily need to get a new gas meter if you switch energy suppliers. However, you may need a new gas meter if your business moves to new premises, your existing meter is old or you need a new energy supply. Your business energy consultant will be able to facilitate the process of getting a new gas meter on your behalf.
Find out how to get a new business gas meter.
Who is my business gas supplier?
To find out who your business gas supplier is, you can check for the supplier name on your gas bill, ask your energy consultant, or call your regional gas distribution number.
Read more about the ways to find out who your business gas supplier is.
Can I change my business gas supplier?
Although you can switch business gas suppliers at any time, you may incur a penalty from your existing supplier if you aren’t in the switching period of your contract. For this reason, it’s advisable to wait until near the end of your contract or when you move premises.
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By renegotiating our energy contract, Smarter Business was able to save us significantly on our energy expenditure. In addition, the insights from the Smarter Business reporting provided us with data that enabled us to identify and implement further energy efficiencies, saving us even more. This is a sign of a true energy partnership.