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Business Electricity Prices
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Energy continues to be a major cost for most businesses.
Whether you are a high electricity user or a service-based office, electricity makes up a substantial proportion of your monthly bills. Our energy consultants can get exclusive business electricity rates by using our premier supplier pricing. Business electricity requires bespoke pricing and we offer an extensive range of competitive electricity packages to cater for different requirements from 27+ suppliers.
68K
Businesses Helped
45%
Potential saving
£60m
Yearly customer spend
X
We work with and compare the leading UK business electricity suppliers to find the best deal for your business.
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Trusted by the UK's top business utilities suppliers
How can we get you cheaper business electricity rates?
Electricity makes up a huge portion of any business utility bills and finding cheaper business electricity rates in line with the day to day life of being a business owner eats into time that could be used elsewhere. Here are 4 tips on how you can get cheaper business electricity rates.
Our business electricity saving tips
Use electricity from renewable sources:
By switching to renewable energy resources you don’t have to pay the climate change levy, which is a tax that businesses need to pay for business energy. To find out more about renewable energy visit our green energy page.
Sign up for a smart meter:
A smart meter does all the work for you, meaning you don’t have to carry out regular checks on your electricity meter yourself. This meter will send the readings directly to your energy supplier, making your business electricity bills more accurate and reducing the chance of you having to pay the odds
Compare quotes before your contract ends:
It is important to shop around to get as many business electricity quotes possible before your contract ends. the best time to start looking is six months before the contract end dates.
How can we help you save on your electricity bills?
With over 80% of businesses overpaying on their electricity bills we are dedicated to helping you save more on your business electricity. The complexity of the business energy market can be quite overwhelming, so taking advantage of industry experts enables you to save money on your electricity bills without the hassle of searching for deals yourself.
Utility bidder are experts in finding and negotiating the best business electricity prices that suit your specific requirements. We have access to all major business electricity suppliers, and with our premium status, we are able to find the best deal to compliment your needs. If the best deals require a complete switch. our handy team of experts will take care of the whole process for you.
Business electricity suppliers, tariffs and prices
Deemed Rates are the standard rates you'll pay a supplier if you approach them directly. As a business utility broker, our rates from the same suppliers are considerably lower.
Energy Supplier
Unit Rate p/kWh
(Deemed Rate)
Standing Charge p/day
(Deemed Rate)
22.5
0.9
Geographical Dependancy
Geographical Dependancy
22.31
144.61
23
50
23.248
75
23.5
95
23.95
78.4
22.5
56
20.78
-
20.21
26.62
27.445
102.74
Electricity rates for large businesses
We are experts at finding the best electricity prices for your business. Large business electricity quotes should be treated differently due to the corporate environment and business size that’s why we have a team dedicated to dealing with larger companies to ensure all your large business requirements are taken into consideration. We have dealt with a huge number of businesses of all sizes and sectors including large businesses, contact us today and we can help you save on your business electricity.
Large Businesses
Looking to switch to greener business electricity?
Switching to renewable business electricity not only saves you money, but it also positively impacts your corporate image and social responsibility targets. Becoming an energy efficient company is the perfect route to reducing your carbon footprint and we can help you switch to renewable business electricity plans.
We offer expert advice on which renewable business electricity options are available for your business. Our advice is catered to your specific business, whether that be an SME, large business or a public sector, our experienced team can help you switch your business electricity plan to renewable options.
Green energy
Case Studies
We’re dedicated to helping businesses like yours succeed. But we know that seeing is believing. That’s why we’ve put our money where our mouth is with some real-life case studies.
Thomson Hayes
2016
Year Joined
£2,000
Total Savings
Thomson Hayes retail has been established for 30 years and specialises in the design and manufacture of high quality furniture, exhibition stands, museum and store fit outs.
Cablecraft Limited
2017
Year Joined
£170,000
Total Savings
Utility Bidder saves thousands of pounds on energy expenditure for Midlands business. Cable craft have been supplying cable identification, termination and management products throughout the world for over 20 years servicing a diverse range of industries.
Sharda Care
2014
Year Joined
£20,000
Total Savings
Sharda Care are contacted frequently by companies within the energy industry, but the desire to work with UB Corporate was motivated by our bill validation service (and that they hadn’t checked their VAT). Our team have an experienced background in working with businesses of this size and will instinctively scrutinise all utilities to investigate potential savings.
Robert Jones
2019
Year Joined
£150
Total Savings
Rob says that thanks to the competitive rates secured by Utility Bidder in his studio, it would actually be cheaper to live there than at home! “We pay about £30 a month for gas during the winter and around £25 a month for electricity – and that’s despite having a lot of energy guzzling equipment such as studio lights and fan heaters. Our energy bills at home are far more expensive!”
Paul Kay was fantastic in securing us a great deal and explaining everything in full. Thanks and would wholeheartedly recommended.
Ben Jones
Excellent service from Kenny in the Manchester office, he worked hard to find the best price for me and explained everything along the way.
Will definitely use him again in the future and would recommend.
Jenny Burd
I spoke to Paul Kay this morning who in the space of 30 mins looks to have halved my salon electric bill, he was personable, knowledgeable and honest. The proof will be seeing if the bills actually reduce and if so I will leave another review but so far an excellent service
Julie Gale
I dealt with Utility Bidder over the past couple of days, amazing service and prompt. Paul Kay gave excellent customer service! would highly reccomend.
Alex Mcwilliam
Without a doubt utility bidder has saved my sanity. They have sorted months of going around in circles with a supplier in under a week.
I would highly recommend to everyone I know.
Nichola Morton
Had a lovely phone call from Connor this morning, he was very helpful, explained everything very clearing and all I had to do was agree to everything that was suggested and he done the rest! Very happy with the service
Terie Billson-Rodwell
I have just worked with Alex from Utility Bidder to sort our electricity contract today. He has got us an excellent price for our charity and it has all been sorted in half an hour (possibly less!). He was extremely helpful. THANK YOU
Lorraine Schulze
Had a call from Alex York who within minutes had arranged a new electricity contract with a new supplier. He was extremely courteous, professional and friendly. Highly recommend.
Susan Bateman
Robert Johnson has just completed my renewal contract with my energy supplier. He was very helpful and very efficient. It’s the first time I have used Utility Bidder and I will definitely use them again and highly recommend them. Thank you for making it so easy.
Line Verma
SME Energy Saving Tips
Have you ever asked yourself how many employees turn their computers off before they go home? It’s probably not as many as you might think.
Read Guide
Third party costs
Over recent years non-commodity costs such as distribution and transmission charges, have markedly changed the make up of a customer bill.
Read Guide
Smart Property
With a smart thermostat installed you can remotely control the heating and hot water of your house or premises via your phone, tablet or computer.
Read Guide
Reduce your business electricity bills
When it comes to heating your workplace with your business electricity supply, you might find that you're using a lot more than you need to.
Read Guide
Metering and Installation
With so many options to consider on the market, selecting the correct meter can help to save you thousands of pounds.
Read Guide
Employee awareness
Deep down, everyone knows that saving energy is a positive thing to do, but it can be a difficult message to take on board when delivered in cold, bland terms.
Read Guide
Change of tenancy
On the day you move into your new business premises, make sure you read the gas and electricity meter and ideally take a photo of the readings.
Read Guide
Exporting to the grid
On the day you move into your new business premises, make sure you read the gas and electricity meter and ideally take a photo of the readings.
Read Guide
Business energy efficiency
On the day you move into your new business premises, make sure you read the gas and electricity meter and ideally take a photo of the readings.
Read Guide
Four green initiatives that can future proof your business
On the day you move into your new business premises, make sure you read the gas and electricity meter and ideally take a photo of the readings.
Read Guide
Is it time for UK businesses to embrace the power of solar?
On the day you move into your new business premises, make sure you read the gas and electricity meter and ideally take a photo of the readings.
Read Guide
5 easy ways to cut your business’ carbon output
On the day you move into your new business premises, make sure you read the gas and electricity meter and ideally take a photo of the readings.
Read Guide
Big lights and fame: How to reduce your carbon footprint as a media business
On the day you move into your new business premises, make sure you read the gas and electricity meter and ideally take a photo of the readings.
Read Guide
How to save energy in the office
On the day you move into your new business premises, make sure you read the gas and electricity meter and ideally take a photo of the readings.
Read Guide
Coronavirus Business Advice (Covid-19)
Businesses across the country are affected by lockdown, find out how we can help you manage your expenses and maintain cashflow.
Read Guide
Frequently Asked Questions
To start saving money on your business electricity you have to tackle consumption and energy spend. Energy monitoring and saving devices are good, but if you want to save money you also have to look at your energy statements to see how much you’re paying for your unit rate and daily standing charge. Keep your contract end date in mind, you can start comparing business electricity quotes up to one year before your contract end date. Your current rates will be used as a starting point.
Many suppliers are offering their customers free smart meters, allowing you to monitor your usage in real time. Why not see what optional extras you can get with a contract by speaking to us today.
Digital – Read from left to right. If you have 2 numbers due to having a ECO20:20 or Economy 7 meter, then take note of both readings.
Electronic – There’s 2 different types of electronic meters. This could show a digital cycle display where you have to press a button to see the numbers, or they may visible at all times. Dismiss the red numbers and refer to your previous bill or Utility Bidder to find your day and night rates.
Dial – Always read the meter from left to right. If the number is between 2 different digits then take the lower number. If this is between 9 and 0 then take the number 9.
You may have seen the increase in your business electricity prices over time, this is because electricity costs are increasing.
Although prices are generally increasing, there’s occasionally dips in the market (which need to be taken advantage of) but across the years, when analysing our date, prices / rates are inflating.
Securing a long term fixed contract early will help to protect you from the elements, although it can’t be avoided forever.
We recommend securing your new business electricity tariff early to avoid disappointment. Switched energy supplier with us before? Your account manager manage your business energy contracts, providing high customer service.
Your contract end date can be found on your bill, but if your struggling to find it then we can help. Our business electricity brokers are experts at analysing bills. You could be out of contract and paying inflated out of contract rates.
Due to our status with brokers. We can help ensure that you switch to the best deal for your company. Call us today to find out if your business is paying too much.
A smart mater automatically checks your energy consumption every month. Subsequently, your businesses electricity bills will be more accurate. This can help save on your electricity usage. A lot of suppliers can offer smart meters for free as part of your deal.
You can switch your electricity supplier at the end of your contract. It’s important to check if your contract has come to an end because your business could be on to a variable price plan. Variable rates are a lot higher then your contract rate, therefore you will be paying a lot more!
Most electricity suppliers give you a six-month window to choose a new contract before the end date, some are generous and give you a whole year.
Chat with one of our friendly commercial team and we will look in to your bills and pricing for you.
Generally speaking, business prices are cheaper than domestic. However, there are a number of considerations to take in to account before choosing your tariff:
What meter type is installed?How small or large is your energy usage?Business prices are usually fixed, is it a fixed price contract?Don’t jump in, compare prices for both domesticTax – could you claim back deductions Discuss the protection that you will receive on your contract. Does this weigh up vs domestic?Is your business a micro business?Is your business energy contract short term or long term?Do you require gas and electricity?How long has your commercial electrical supply going to be active for?
There’s many additional and inclusive charges that make up your statement. Only 45% of your unit rate is made up of raw electricity, the rest is made up of additional charges that get picked up on the journey to you. The cost of generating and distributing electricity for business is extremely high and over the years we have seen this increase dramatically.
Figures suggest that this trend is set to continue, with business electricity prices per kwh continuing to increase. It’s important to lock in the best deal for your business.
The initial renewal quote you receive from your current supplier is likely to be inflated. Having a good consultancy on board gives you access to all major suppliers and takes care of the process. Utility Bidder have access to live prices, allowing for negotiation of the best electricity deal for your business. If the best deal requires you to switch providers then we can deal with the whole process for you.
Speak to our experts today and we can compare business electricity prices and rates for you.
If you’re moving business premises, adding another site to your portfolio or cease trading, it’s necessary that you let your electricity supplier know, or search for the best deal.
If you have a broker or consultancy on board, they can help with logging a change of tenancy (if required) and this take care of the set up at any new premises – that’s one less thing you have to worry about.
Both small businesses and large business electricity prices vary based on consumption, sector, location and contract length.
Corporate electricity rates vs small companies, means that collating generic quotes online is not a recommended solution. Each case should be treat on an individual basis.
Speaking with a professional in the industry, that has access to contacts within, can save you a lot of time and money. At Utility Bidder, we handle the process for you, from initial contact with our supplier account managers, down to the paperwork and bill queries. We will negotiate the best utilities tariff for you, allowing you to concentrate on running your business.
A fixed tariff means you will be charged a fixed fee depending on your business electricity use. A variable tariff is impacted by market sluctuations, whereas a fixed tariff is not. There is no right or wrong answer when choosing between the two: it is all down to your business and your use.
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