Compare Business Gas Prices
In just 30 seconds you can compare the latest business gas prices and secure the best deal for your company.
See how much you can save against your current business gas supplier
Secure your business gas prices
With the market changing quickly, we believe it should be simple to compare business gas prices.
We’re here to help your business find the right deal to offer you peace of mind and security when it comes to managing your business gas bills.
Business gas rates from a panel of trusted suppliers
We've helped businesses all over the UK save money on their business gas prices. With a panel of trusted business gas suppliers, we'll help you find a great deal in just 60 seconds.
With wholesale gas prices rising rapidly, you may be reluctant to switch suppliers. However, many business owners are choosing to fix their gas prices to avoid any potential future price increases for peace of mind.
We're here to help you find the right business gas tariff suitable for your company, so you can get back to doing what you do best.
What information do I need to compare business gas prices?
Switching business gas suppliers is easy when you have the right information to hand. You'll know most of the information, but it is always handy to have a recent business gas bill to hand as this will help you get the most accurate quote for your consumption levels.
Here's the information we'll need from you:
- Your business gas bill (this has your annual consumption)
- Your meter type (don't worry if you're not sure)
- Basic business information (name, address & contact info)
- Your current business gas supplier
What are the average business gas prices per kWh in 2023?
With wholesale gas prices increasing rapidly, it can be difficult to keep track of the latest prices. As a result, your business may be unsure whether you’re on the right deal for you.
Here, we’ve provided the latest average business gas prices per kWh by business size in the UK. These rates are for gas tariffs on a 3-year fixed rate. Prices vary by UK region.
You should compare business gas today for an accurate price.
| Business size | Annual Usage | Unit Price/kWh |
|---|---|---|
| Micro business | 5,000 kWh | 9.96p |
| Small business | 15,000 kWh | 9.59p |
| Medium business | 25,000 kWh | 9.54p |
| Large business | 50,000 kWh | 9.34p |
Last Updated: March 2023.
As you may expect, tariffs are updated regularly and the best way to find the latest deals is to compare business gas suppliers with Love Energy Savings.
How to read a business gas meter
After you have located and identified your business gas meter, you may want to take a reading. Your gas meter will be imperial or metric. An imperial meter has four main numbers and a metric meter has five. Here's how you read a gas meter for each type:
- Dial Gas Meters - this is the most challenging to read. You will see a series of dials, each marked 0-9. You read the numbers each pointer is indicating on each dial from left to right. If the pointer is between two numbers, you note the lowest number, except if the pointer is between 0 and 9 in which case note 9. Ignore any red dials, dials marked '100 per rev' and the largest dial, usually in the centre.
- Digital Meters - a common digital meter will display a series of numbers on a screen. Simply just take note of the numbers from left to right, ignoring any digits in red, any printed zeroes or any digits after a decimal point or a space.
- Smart Meters - you don't have to worry about taking any meter readings as they're sent straight to your supplier. If you do need to take a reading, follow the instructions for digital meters.
Should you renew or switch business gas suppliers?
You may be tempted to just accept your business gas renewal when it comes through the post. Business gas suppliers want you to do this as they typically charge higher than the current market rates.
In fact, in some cases, companies will start comparing business gas prices to find out if their current supplier is offering cheaper gas rates to new customers. If you have just got your renewal through, you should always compare gas prices to see what the current rates are.
Many customers use our service to simply switch to a new contract with better rates with the same supplier.
Why are automatic renewals more expensive?
Some business gas suppliers may not send out a renewal notice but your renewal should arrive at least 60 days before your contract end date. You should always make sure that you have added a reminder to your calendar.
Business gas suppliers will place you on expensive out-of-contract rates if you fail to secure a new deal before the contract end date. What you may not know is that you can actually secure your new business gas contract up to 12 months before the contract end date.
When is the best time to switch business gas suppliers?
The best time to switch business gas suppliers comes down to several factors:
- If you're in the final 12 months of your business gas contract
- If you're expecting business gas prices to rise in the next 6-12 months
- If you haven't switched suppliers in a long time
From start to finish, we will switch business gas suppliers within 5 working days.
Who is the cheapest business gas supplier?
In this example, we'll review business gas prices based on a small business with an annual usage of 15,000. This league table will be based on 2-year fixed-rate deals and rates will vary by region.
These prices are to be used as a rough guide and the latest prices you see in our engine may be different as rates fluctuate daily.
|
Supplier |
Price Per Kwh |
Standing Charge |
Annual Cost |
|
BGLite |
9.39p | 45p | £1,573 |
|
Smartest Energy |
10.34p |
25p | £1,642 |
|
Scottish Power |
10.40p | 25p | £1,653 |
| EDF | 10.50p | 25p | £1,666 |
| Valda | 10.50p | 40p | £1,721 |
| British Gas | 12.06p | 30p | £1,919 |
These prices are from March 2023 for 2-year fixed deals based on usage of around 15,000 annually.
Fixed-rate
A fixed-rate tariff is a popular option for businesses switching gas suppliers. With a fixed rate tariff, you agree to pay a fixed unit price and a standing charge. This price will be locked in for the duration of your contract which can be up to 5 years. Fixed-rate tariffs offer security for businesses as they can avoid any price hikes during their contract. As prices increase, many businesses are seeking as much certainty in their costs as possible. However, this also means your business will not benefit should prices reduce.
No standing charge
A standing charge is a fixed daily amount that businesses and households pay to their gas supplier. This covers the cost of delivering and maintaining your gas supply. With a no-standing charge tariff, your daily fee will be set to zero. This means you will only pay for the gas your business uses. This tariff is often a good choice for seasonal businesses or companies which only open a few days a week. You should keep in mind that your unit prices may be higher on a no-standing charge tariff.
Variable rate
With a variable rate tariff, you will pay your supplier’s standard rate for the gas you use. The price you pay will be dependent on the market price. So, if the market prices increase, you will pay more for the gas your business uses. With prices increasing, more businesses have switched to variable tariffs as suppliers set fixed tariffs at higher rates to make up for money lost on wholesale costs. If you’re on a variable tariff, you will have the option of switching to a fixed-rate tariff if you find that your prices continue to rise.
Choosing the right business gas tariff can help you make the most of your supply. The best tariff for you will depend on the requirements of your business.
2023 Business Gas Prices by Region
|
Region |
Usage band |
Gas unit rate |
|---|---|---|
|
North Scotland
|
5,000 25,000 50,000 100,000 |
10.01p 10.01p 10.01p 9.40p |
|
South Scotland
|
5,000 25,000 50,000 100,000 |
10.01p 10.01p 10.01p 9.40p |
|
North East England
|
5,000 25,000 50,000 100,000 |
9.96p 9.96p 9.96p 9.30p |
|
North West England
|
5,000 25,000 50,000 100,000 |
10.03p 10.03p 10.03p 9.30p |
|
Yorkshire
|
5,000 25,000 50,000 100,000 |
10.04p 10.04p 10.04p 9.40p |
|
North Wales
|
5,000 25,000 50,000 100,000 |
10.08p 10.08p 10.08p 9.40p |
|
South Wales
|
5,000 25,000 50,000 100,000 |
10.09p 10.09p 10.09p 9.40p |
|
West Midlands
|
5,000 25,000 50,000 100,000 |
10.09p 10.09p 10.09p 9.40p |
|
East Midlands
|
5,000 25,000 50,000 100,000 |
10.09p 10.09p 10.09p 9.40p |
|
South West England
|
5,000 25,000 50,000 100,000 |
10.14p 10.14p 10.14p 9.30p |
|
South East England
|
5,000 25,000 50,000 100,000 |
10.14p 10.14p 10.14p 9.30p |
|
Southern England
|
5,000 25,000 50,000 100,000 |
10.14p 10.14p 10.14p 9.30p |
|
London
|
5,000 25,000 50,000 100,000 |
10.20p 10.20p 10.20p 9.20p |
Updated March 2023.
Commercial gas solutions for large businesses
At Love Energy Savings, we’ve worked with large businesses across a variety of industries to help them manage their business gas contracts. We can offer solutions for large multi-site businesses to help them consolidate gas deals into one simple bill.
Our team of experts can save your business time and resources to find a bespoke corporate gas solution from our panel of trusted suppliers.
Business gas tariffs for SMEs
Our fast online switching service means busy businesses can secure great gas rates anytime, day or night. We've created our online self-service platform to help SMEs find the time to save money on their gas bills without needing to contact a person during standard business hours.
With a variety of trusted UK suppliers on our panel, our mission has always been to save businesses money on their bills and offer a reliable and smooth service - allowing you to continue to do what you do best.
Business gas rates for micro businesses
You're considered a micro business if you meet the following criteria:
- Employ less than 10 employees (or their full-time equivalent) and have an annual turnover or balance sheet no greater than €2 million; or
- uses no more than 293,000 kWh of gas per year.
Micro businesses have more protection in gas contracts than larger businesses. For example, they are entitled to receive renewal notices and will receive any account credit back built up if their suppliers go bust.
The downside of being a micro business is that suppliers will typically charge higher business gas rates.
Switching business gas suppliers is super easy but with prices surging, it can be difficult to understand what is a great deal.
The first step to getting cheaper business gas bills is understanding your bill. This will help guide your knowledge of what the business needs. You can then start to look at ways to increase efficiency.
Here are some of the things that can impact the price of your quote:
- Wholesale gas prices
- The location of your business
- The size of your premises
- Your annual consumption
- The sector your business operates in
- Your meter type
Some of these factors can lead to businesses deciding not to switch business gas suppliers. However, this can leave companies on a tariff that doesn’t suit their needs.
Love Energy Savings are available to help your business navigate the market and secure the right deal for you. No matter how big or small your business, we’ll help you find a suitable tariff from our panel of trusted gas suppliers.
Compare deals in less than 60 seconds
Business Gas FAQs
-
Can I cancel my business gas contract early?
Although it is possible to cancel a business gas contract early, you should always speak with your supplier first. Most business contracts will involve an early exit fee which is often much higher than for domestic deals.
You can secure a new deal up to 12 months before the end of your current deal when your renewal window opens. This means if you find favourable rates when you compare business gas prices, you can lock those rates in early.
-
Can I switch to a renewable business gas tariff?
Green business gas is a more environmentally friendly way to power your business. It is often produced from sustainable sources such as plants or animal waste. Renewable tariffs have grown in popularity in recent years and discrepancies in prices have been reduced.
For money information, you can read the Love Energy Savings Guide to Green Deals.
-
How much VAT should I pay on my business gas?
The typical VAT rate for most businesses is 20%. If you operate a charity or a not-for-profit, you could be eligible for a VAT reduction to 5%. If you have any questions, you should speak to your gas supplier and request a VAT declaration form.
-
What are automatic renewals?
Automatic renewals are actioned by suppliers if you have not agreed to a contract with new business gas rates. These rates are usually much more expensive.
-
My premises uses an analogue dial meter for my business gas meter readings; should I switch to a digital meter?
It is challenging to read an analogue meter. Many businesses choose to upgrade to a digital meter for easy meter readings. A more accurate reading will save money as you will be paying the exact amount you have used.
-
Can you switch business gas suppliers if you work from home?
At least 50% of your gas usage must be considered business use to qualify. Some suppliers will have different thresholds for you to qualify.
-
Can I cancel my business gas contract?
It is difficult to cancel your business gas contract. In certain situations like moving business premises allows you to cancel, but cancelling mid-contract will come with hefty fees.
-
Does a landlord pay business gas rates?
Landlords are responsible for business gas contracts in certain commercial leases. Arrangements vary and can be one of the following:
- The landlord will budget the business gas prices in the lease and cover the costs.
- The landlord will manage the business gas supply and invoice the tenant every month.
- The tenant is responsible for managing the business gas supply and will pay it themselves. Many often prefer this as they can find ways to save money on their bills.
-
Can I change my business gas supplier if I have multiple buildings?
Yes. Businesses with multiple buildings and locations can switch business gas and consolidate their bills into one account. For example, a business may have two offices, with gas contracts ending on different dates. An ideal scenario would be that they end on the same date. This means that the business can negotiate both prices at the same time. You can read more about multi-site meters here.
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