Is there a business energy price cap?

The energy price cap was introduced by the Government in 2019 to help make energy bills more affordable for millions of households. It limits the maximum amount that energy suppliers can charge for gas and electricity, helping to protect consumers on standard variable tariffs from changes in energy prices.

The cap is reviewed every three months and applies to domestic customers only. If you'd like to learn more about how the domestic energy price cap works, take a look at our residential energy price cap guide.

So, is there a business energy price cap?

No. There is currently no energy price cap for businesses in the UK. While businesses don't benefit from the same protection, they can choose from different contract options to help manage energy costs and gain greater certainty over future energy prices.

Government support schemes were introduced during the energy crisis to help businesses manage rising energy costs. These temporary schemes have now ended, and businesses are responsible for choosing the energy contract and pricing structure that best suits their needs.

What can businesses do to reduce energy bills going forward?

While there is no energy price cap for businesses, there are still several ways to help manage energy costs and improve energy efficiency. From understanding how and when your business uses energy to reviewing your contract options, taking a proactive approach can help reduce costs, improve visibility and support your wider sustainability goals.

1. Get better control over your business energy

We offer a variety of useful tools that give you the power to control your energy use and spending. For example, smart meters are the clever way to measure your business energy use. They let you see how much energy your business uses and what it's costing you – and you can request a smart meter upgrade at no extra cost.

If you have a smart meter that's already up and running, you'll then be able to request your smart meter data and view it on our free platform, Energy360™ DataView. There you can gain valuable insights into your energy consumption patterns, identify trends and understand your out-of-hours energy use. Armed with that knowledge, your business can make more informed decisions on how to cut carbon and costs. Energy 360 isn’t available to British Gas Lite customers. If you’re a Lite customer and would like access to your smart meter data please get in touch.

2. Review your energy contract

It’s important to regularly review your energy strategy to ensure it remains effective and that your energy contract meets your needs. If your business is concerned about rising energy costs and market unpredictability, fixing your prices can provide the stability you need. Even if you're not seeking a new energy deal right now, it's beneficial to understand your options.

3. Get help with energy efficiency

If you’d like help managing your business energy and improving energy efficiency, check out our business energy-saving advice, tools and tips.  You’ll find everything from how to reduce consumption to energy-saving advice by sector.

4. Help with paying your energy bill

We understand that rising energy costs are concerning, and we are committed to support all our customers. If you think your business would benefit from additional support, the important thing to do is reach out to your energy supplier

We're here to help

We offer products and pricing tailored to your business's unique needs. Whether you need flexible start and end dates, have specific consumption patterns, or require a smart meter upgrade, British Gas is your trusted energy expert, dedicated to helping your business succeed.

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