Compare Business Electricity

Save Up To £1,038* - Why pay more for the same business electricity?

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Compare more energy suppliers and over 150 business energy tariffs with us

Why compare business energy with Free Price Compare?

  • We compare the market, including the Big Six and many independent suppliers
  • It's simple - all we need is some information about your current energy supply
  • If you’re not currently within your renewal window, Freepricecompare will get back in touch when it’s appropriate
  • Once you have switched, we will remind you when it’s time to renew and save once again

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How to switch business electricity contract

  • 1– Fill in simple form on our site to get a no obligation quote for your business electricity.
  • 2- With us you can compare all business supplier’s tariffs for your business postcode.
  • 3– Switch to new energy supplier for free of charge as our service us completely free for all customers.

Business electricity prices for 1 year and 2 year contract

Energy supplierUnit Price kWh
1 year
Standing Charge
1 year
Unit Price kWh
2 year
Standing Charge
2 year
 
Octopus Energy13.6727.3813.7228.53Compare Now
BGLite13.1228.1413.4125.94Compare Now
Dual Energy13.2026.1913.4726.71Compare Now
SSE13.5830.220.000.00Compare Now
British Gas13.3833.2113.6133.18Compare Now
Scotish Power13.1631.1413.5529.56Compare Now
TotalGP13.9234.5514.2621.54Compare Now
Gazprom13.6134.5814.0132.57Compare Now
Opus13.7231.0014.0435.00Compare Now
EDF14.5025.0014.6025.00Compare Now
Npower14.0024.0914.5026.93Compare Now
EON13.2830.0013.8930.00Compare Now

The average standing charge based on a 1 year contract is at 27.1 pence and 2 year contract is at 26.59. The average unit rate based on a 1 year contract is at 13.23 pence and 2 year contract is at 13.56. Energy supplier prices correct as of 17/03/2020 and based on a business electricity meter type 03

5 easy steps you can follow when comparing business electricity prices

  • 1. Electricity consumption - Look at your previous business electricity bill and note down how much electricity is being used by your business, also consider whether your business will require the same electricity consumption next year or will it differ.
  • 2. Know your usage and timing - Depending on your business electricity meter type and demand required, you should look at what time of the day your business is using more electricity. When comparing commercial electricity prices, you can look to find cheaper electricity prices for the period you are using the most electricity. You can also ask your supplier to change meter to suit your business demand.
  • 3. MPAN number - From your electricity meter, you can find a MPAN number (which is also known as S number/ meter point reference number and some suppliers may show MPAN number as electricity supplier number) which is required when comparing electricity prices. Usually MPAN number found on the right side of the electricity bill and starts with bold S and have a series of numbers in 6 boxes.
  • 4. Meter types and business profiles - It is very important that you are familiar with meter type and business meter profile in order to understand prices and terms. Some of the business meters can have 4 to 5 different rates throughout the day and night. 03-meter profile is most commonly used by the UK’s small businesses.
  • 5. Contract renewal reminder - Always set electricity contract renewal reminders so you don’t miss renewal deadline. If you don’t switch your contract or don’t agree a new price with your current supplier, your supplier may roll you on to variable contract which can be really expensive.

How can I make sure I get competitive rates for my business?

Business and corporate utility market comparison works very similarly to household energy comparison and switching service.

With Free Price Compare, you can compare business electricity and domestic energy simply by contacting our energy team. Household customers can also compare energy prices online with us.

Here's a few common steps business customers should follow to get competitive quotes:

Contract termination with your current supplier

It is very important that you notify your current supplier in writing by post or email about your termination with them. If you failed to comply with existing supplier’s termination terms and condition, you won’t be able to switch away from them and may end up paying expensive unite rates and standing charges for another term.

Make sure you avoid supplier rollover contracts

All UK commercial energy supplier will send you a renewal letter as part of their terms to offer new rates and to remind you that your contract is up for renewal. If you don’t do anything your supplier will move you to another contract which is known as “rollover contract”. Typically, rollover contracts are 70 to 100% higher compared to the price you are currently paying. It is very important that you call us when you get renewal reminder to get cheaper business electricity price.

Deemed and Out of contract rates

If you don’t agree with a new term with your current supplier or another supplier, your supplier may move you to out of contract rates which is also known as deemed business contract rates. Out of contract rates can be double in prices compared to the price you are currently paying. To find the cheapest business electricity prices, compare and switch with Free Price Compare in just a few minutes.

Compare and shop around for your business requirement

Simply use our business electricity comparison tool to compare and find the best electricity quotes for your business. So far, we have helped save over £85m for the UK businesses.

Information you may require when switching your business electricity contract

  • Current contract end date with your electricity supplier
  • Your existing supplier details including their name, tariff you are on and the price you are paying
  • One electricity bill from last 3 months to get required information, such as electricity consumption and MPAN number.
  • Your meter type and supply type required (can be found on electricity bills)

Compare Business Electricity

Few businesses can function without electricity and, just as with your energy at home, it pays to compare business electricity offers and shop around to find the best deal.

You might be wondering who is the cheapest business electricity supplier? But taking the time to compare business electricity is about much more than that. It's about ensuring that you get the best deal for your needs and a reliable service with accurate billing and good customer support.

In addition, a change in the rules from 2017 means that you can no longer be locked into a rollover deal for your business electricity. This means you won't be charged an exit fee if you switch, so there's no better time to do a business electricity comparison and see if you can get a better deal.

Prices and tariffs

Some of the main questions people ask when considering a switch are, 'how much is electricity for a business?' and, 'is business electricity cheaper than residential?' These are not easy to answer as they depend on a number of factors, which is why it's important to compare business electricity deals.

Businesses come in different shapes and sizes and it's therefore hard to generalise when it comes to pricing. The sort of deal you can get from the best business energy suppliers will depend on the size of your premises, what sort of equipment and machinery you use, how many people are employed and much more.

When you compare business electricity prices online, therefore, you need to be alert to the fact that a number of different tariffs are available. Usually, there are fixed and variable rates on offer. A fixed-rate protects you from rising prices, however, it means that should the wholesale price drop your bills won't go down. Business energy accounts don't generally offer the kind of dual-fuel deals that you can get on domestic accounts.

If you don’t have all of this information we can still get you a quote based on your supply address.


How to switch

So, when you've done your comparisons and found the best business energy supplier, how does the switching process work? As with a domestic account, the new supplier will take care of everything for you and contact your old supplier. A switch should take two or three weeks to complete and will involve no disruption to your supply. Note that if you are still in a contract or your account is in debt, your old supplier can refuse the switch.

It's also worth noting when you compare business electricity that there isn't a 14-day cooling-off period as there is for domestic accounts.

Before you switch, you will need some basic information. This includes the name of your current supplier, the tariff you are on and the end date, the supply type and how much power your business is using. It's also useful if you know your meter point access number (MPAN). All of this will help you to compare business electricity deals accurately and find the best solution for your needs. It will also help things run smoothly when you do decide to switch.


Other considerations

There are some other points to consider that might complicate things a little as you compare business electricity. The first is if you generate some of your own electricity, for example via solar panels. If you get a feed in tariff (FiT) for power returned to the grid, then you need to ensure that your supplier is registered as a FiT licensee. More recent microgeneration systems, installed after the FiT scheme was closed to new users in March 2019, can use the smart export guarantee (SEG) scheme to receive payments for exported power. It's important to note that under SEG you don't have to sell your surplus power to the same company you buy your electricity from, so you can shop around for an SEG deal separately.

Another factor to think about is your smart meter, if you have one. Smart meters provide readings automatically to the supplier, so you don't have the inconvenience of taking readings yourself or allowing someone access to your premises. However, some first-generation smart meters have been known to stop working if you switch suppliers; later ones should be okay. If this happens then you'll have to revert to taking manual readings or arrange for the installation of a new smart meter.

Historic prices of fuels (electricity) purchased by non-domestic consumers in the United Kingdom (excluding the Climate Change Levy)

Size of consumer200420052006200720082009201020112012201320142015201620172018
Very Small6.006.668.169.5410.3811.8712.0111.7912.2512.6713.4713.0212.3913.7515.23
Small4.965.817.007.838.7710.049.729.8110.3310.8711.4411.7911.5812.0813.24
Small/Medium3.895.256.877.198.009.148.168.409.089.6810.2210.5110.3610.6511.84
Medium3.484.616.176.457.368.247.217.578.258.889.369.759.5710.0811.14
Large3.364.315.956.077.148.086.687.158.128.949.379.579.4410.0710.47
Very Large3.003.955.135.947.358.006.546.957.718.739.099.339.289.9310.05
Extra Large   5.156.397.076.606.947.968.428.909.069.078.969.58
Average3.874.876.376.857.939.068.258.288.949.5210.0110.2410.1310.5511.36

Business electricity prices and CCL

Average CCL price paid (p/kWh)
Q3/17Q4/17Q1/18Q2/18Q3/18Q4/18Q1/19Q2/19Q3/19
0.360.360.320.370.390.380.480.690.72

Average non-domestic electricity prices including CCL

Business Electricity Frequently asked questions

With Free Price Compare, you can compare and switch with following commercial electricity suppliers: British Gas for business, Edf energy, Eon, British Gas Lite, Gazprom energy, Dual energy, Npower for business, Octopus energy, Scottish Power, Opus energy, Utilita and Total Gas & Power.

Simply fill in our form and one of our business advisors will contact you to guide you through electricity comparison. Advisor will ask you a few questions and will offer prices from various commercial electricity supplier and will also process your application to new supplier on your behalf.

How much you can save for your business will depend on the following:

  • Electricity consumption per annum
  • Business size and location
  • Meter profile and types
  • Contract length you sign up

On average our business customer saves up to 40% when they switch their commercial electricity contract with Free Price Compare

  • Variable electricity contract
  • Fixed term contracts such as: 1 year, 2 year and 3 year contract length
  • Out of contract rates
  • Rollover business energy contracts
  • Deemed rate commercial electricity contracts

Most utility suppliers require you to notify them at least 30 days prior to contract end date. If notice provided, your new business utility supplier will start supplying your business with electricity from the day after your current plan ends.

Commercial electricity prices do vary depending on where you business is located. Here’s some of the factors can affect electricity prices:

  • Charges from your local distribution networks
  • How many suppliers do supply energy for your region.
  • Electricity generators in your regions

No, electricity supply will not be affected by switching to another supplier. Only change you would notice is a bill from your new supplier with their name and price breakdown for your business electricity usage.

  • 100% free for consumers
  • Independent and Impartial comparison service
  • 4 step user-friendly process for finding the best deals
  • We bring the most economical deals from more than 30 energy suppliers including the Big Six
  • We’ll find the best energy deals from the tariffs available in the market so you won’t need to go supplier to supplier.
  • Switching energy supply only takes 5 minutes and you can save up to £1038* off your energy bill.

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British Gas

British Gas was founded in 1812 as originally the Gas Light and Coke Company. It was recognised as the first Public Utility Company of its kind. Today British Gas is owned by its parent company Centrica and it supplies energy to more than 11 million homes and businesses.

CNG

Contract Natural Gas (CNG) was formed in 1994 just after the deregulation of the energy markets. The specialist gas supplier is a real alternative to the ‘Big Six’, where focus is on delivering good customer service.

Corona Energy

Corona Energy was formed in 1995 initially focused on providing gas to UK businesses. Today they deliver to 11% of the Industrial & Commercial Gas market across 8000 businesses. Recently, the company took the decision to become a dual fuel supplier and now provides quotes for electricity supply too.

Dual Energy

Dual Energy was established in 2009 and is a UK owned independent electricity provider servicing all UK businesses. Dual Energy is at the forefront of Smart Meter billing as it installs smart meters on all business premises it supplies.

Dong Energy

Dong Energy has been in the UK market since 2004. In 2012 it entered the retail gas market with purchase of Shell gas direct for £30 million. Dong Energy can also supply electricity but only when the AQ is above 5 gigawatts per meter.

EDF Energy

EDF Energy is owned by its French parent company Électricité de France abbreviated to EDF. The company was formed in the UK in 2002 by acquiring and merging with SEEBOARD Plc, London Electricity and SWEB Energy Plc.

E.ON

E.ON UK formerly known as Powergen is a subsidiary of German giant E.ON. The parent company acquired full ownership in January 2002. E.ON has over 5 million customers and so forms part of the ‘Big Six’ energy suppliers.

Gazprom Energy

Gazprom Energy is wholly owned subsidiary of the Russian energy giant Gazprom Group. Its history in the UK markets goes back to 2006 when it started supplying gas to UK businesses followed by electricity in 2009.

Haven Power

Haven Power started trading in 2006 and provides UK businesses with electricity only. In 2009 Haven Power was acquired by Drax Power ltd, which has given in financial stability with a £100 million plus turn over. Haven Powers key strength has been its focus on delivering exceptional customer service.

Npower

Npower’s history goes back to 1990 following the privatisation of the energy markets by the late Thatcher Government. In 2000 the company split into two and the UK operation was renamed Innogy. In 2002 the company was acquired by RWE and is now known as RWE npower plc.

Opus Energy

Opus Energy started trading in 2002 to supply UK businesses with gas and electricity. With the backing of GDF Suez it now supplies 200,000 businesses throughout the UK.

Ovo Energy

Founded in 2009 by Stephen Fitzpatrick as a domestic retailer of energy, Ovo Energy prides itself as an alternative to the Big Six.

Scottish Power

Another constituent of the Big Six, Scottish Power Plc was formed in 1990 following the privatisation of the energy markets. In 2006 it was acquired by Iberdrola the Spanish Energy Giant. Today Scottish Power supplies 5.6 million households and businesses throughout the UK.

SSE

SSE Plc was formerly Scottish and Southern Energy Plc. The company was created in 1998 following the merger of Scottish Hydro-Electric and Southern Electric. It’s the second biggest retailer in the UK with 9.2 million customers and is a part of the ‘Big Six’.

Crown Gas

Crown Gas and Power is a subsidiary of Crown Oil Ltd. It is a specialist gas supplier which has been trading since the deregulation.

Axis

Founded in 2001 Axis provided telephony services and lines to businesses. It is now the only company that provides UK businesses with telephone, broadband, mobile, gas and electricity services– essentially a one-stop shop for all telecommunications and utility requirements.

Extra Energy

Extra Energy is a recent entrant to the UK market and is part of the German owned Extra Energie group.

Hudson Energy

Hudson Energy is part of the US Company Just Energy Group. In the UK they provide electricity to large consumers of power such as those designated as “Half Hourly�?.

Regent Gas

Regent Gas was formed in 1995 as a gas supplier to UK businesses. It now supplies “1,000’s�? of businesses throughout the UK

GDF Suez UK

GDF Suez UK has been operating in the UK since 1999. Its prime focus has been Industrial and Corporate customers where they have a 4.7% of the market share.

SmartestEnergy

SmartestEnergy is owned by Marubeni Corporation and it provides SMEs and large corporates with business electricity. SmartestEnergy delivers energy to 730 customers including names such as John Lewis Partnership and Toyota Motors

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