Business electricity

Our lowest prices online including a boiler service when you join us [1]

 

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How much do you spend on business energy?

I spend more than £100,000 a year on business energy

If so, you're classed as a large business

I spend less than £100,000 a year on business energy

If so, read on to find out more about electricity for your business

Why choose us for business electricity?

Boiler service on us

  • If you switch your electricity to us, we'll service your boiler – even if your gas isn’t with us.

Fixed electricity prices

  • Guarantee the cost of business electricity as market prices fluctuate.

Choice of terms

  • Choose a plan from 30 days to 3 years.

Expertise

  • Whether you're a small business or multi-national, we have the experience to help.

Already had a quote?

How does business electricity pricing work?

Electricity pricing

Business electricity prices and plans are calculated and set up differently to domestic ones.

Business electricity unit prices may be cheaper than domestic ones because of the amount of energy used, but most business customers pay a higher rate of VAT.

Pricing is based on your business size and electricity consumption. It may be calculated on a fixed or a variable rate tariff.

If you have a half-hourly meter, we'll give you a tailored price based on when and how you use electricity.

Compare types of business electricity contract

Fixed term plans

  • Guarantees the unit price for a set period of time
  • Plans usually run for between one and three years

Flexible or variable rate plans

  • Unit prices can go up or down, but are typically costlier than fixed-term rates
  • You can give notice to switch to another plan or supplier by giving us 30 days notice.

Out of contract rates

  • Likely to be more expensive than either fixed or variable rate plans
  • You’ll only be moved onto these rates in exceptional circumstances

Deemed rates

  • Usually the most expensive business electricity tariffs
  • Speak to your supplier and you should be able to switch from deemed rates within a short period of time

How to compare business electricity prices and tariffs

Compare prices

You could save money by shopping around

You have a few options when searching for business electricity:

  • Get a quote online or speak to one of our advisers
  • Online business electricity comparison sites
  • You may also choose to speak to a broker to help arrange your new contract

Switching your business electricity

Its easy to switch business electricity supplier; it should be completed within three weeks and your new supplier should do most of the leg work.

What if I'm tied into an existing contract?

Read your terms and conditions with care as it's possible that you may not be able to switch contracts for a set period of time. Your contract may mean you have to pay a charge if you want to get out of it before the end date. So, check to make sure any savings you'd make aren't cancelled out by any contract penalties.

If you're tied into a deal, make a note of when the lock-in period is about to come to an end and shop around for quotes at that time.

[1] Business Gas boilers up to 70 kW. Conditions apply. Read our product terms here