Compare Business Energy Rates
Compare Business Energy Rates?
Compare Business Energy Rates To See How Much You Can Save
Start maximising your savings on business gas expenses today by effortlessly comparing rates from multiple providers and selecting the most advantageous deal for your company's energy needs with just a few clicks.
Take command of your gas expenses with our advanced comparison technology, streamlining the complex process of navigating through numerous business gas rate options, empowering you to pinpoint the most advantageous tariffs, contract terms, and service packages that seamlessly align with your operational objectives and financial targets.
Quickly discover the most competitive business electric and gas prices available today using our intuitive comparison tool. Designed to streamline the process, it offers comprehensive insights into various provider offerings tailored specifically to your company's energy needs and budget requirements.
Make use of our user-friendly online platform to easily access up-to-date information on business gas rates. This allows for comprehensive analysis and evaluation of different options to pinpoint the most cost-effective and beneficial solution for fuelling your enterprise, fostering profitability and sustainability.
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Compare Business Electricity & Gas Prices
Compare Business Energy Rates
Discover how we meticulously compare business energy rates for you, utilising our expertise and advanced tools to pinpoint the most cost-effective energy solutions tailored to meet your commercial needs.
Secure The Most Competitive Energy Prices
Your switch will be handled within one business day, offering the ease of completing the entire process online or contacting our knowledgeable team for assistance.
Select Your Chosen Energy Provider
Choose the tariff that matches your needs, with the option to remain with your current electric or gas supplier if preferred.
Secure The Best Business Energy Rates
Our dedication lies in securing the best energy rates for you and keeping you informed by monitoring your renewal date, preventing any contract lapses and potential price increases.
Why Should You Switch Business Energy Contracts?
Why Fix Your Business Energy Rates?
- Consider locking in your business energy rates to guarantee certainty and stability in your energy expenses, safeguarding against potential price fluctuations in the volatile energy market..
- Amidst the ever-changing energy market with its significant fluctuations, businesses are capitalising on the chance to utilise the lowest gas rates seen in two years. This presents an optimal moment to secure cost-effective energy solutions through our brokerage services. .
- As per Cornwall Insight, wholesale prices are forecasted to maintain stability with minimal fluctuations in the near future. In pursuit of certainty and stability, numerous businesses are opting to secure their business electric and gas rates..
- Access real-time rates from reputable energy suppliers on our website and lock in your new tariff today for peace of mind and long-term savings. All you need to do is drop us a quick message and one of the team will get to work in finding the best energy rates
Why Choose The Best Energy Rates?
- At The Best Energy Rates, our energy brokerage services utilise industry expertise and market insights to negotiate competitive energy prices with suppliers. This guarantees that businesses achieve substantial savings on their energy expenses.
- Through our tailored solutions, businesses can streamline their energy procurement processes, facilitating efficient management of gas accounts and maximising opportunities for cost savings.
- Via our partnership, businesses have access to a wide network of trusted utility suppliers, enabling them to secure the most advantageous terms and tariffs tailored to their specific needs.
- Our dedicated team provides personalised support and guidance throughout the energy procurement journey, empowering businesses to make informed decisions that maximise savings and enhance operational efficiency.
What Business Gas and Electricity Tariffs Are Available?
Fixed Rate Tarrif
Opting for a fixed-rate tariff is a favored approach for businesses seeking stability in their gas expenses. With this selection, you commit to a fixed unit price and standing charge, potentially securing this rate for up to five years, subject to your provider's terms. Businesses opting for a fixed-rate gas tariff can effectively oversee their budgets and maintain control over their bills, shielding themselves from potential gas price hikes throughout the contract duration.
Roll Over Tarrif
Lacking a recently negotiated business contractual energy agreement, you might find yourself automatically enrolled in a rollover contract, typically lasting for a predetermined period, often one year, and legally binding. These contracts may feature unit rates that are comparatively higher, potentially hindering your ability to secure more economical rates elsewhere.
Tracker
Business tracker contracts operate by periodically adjusting your unit rate based on fluctuations in wholesale energy prices. This offers businesses the chance to capitalise on market lows while being protected from excessive increases.
Variable Business Rates
Opting for a variable rate tariff means that your unit rate will fluctuate in line with wholesale prices, offering businesses the opportunity to take advantage of potential decreases in gas expenses. However, it's crucial to recognise that prices may unexpectedly rise during your contract duration. If you're comfortable with price fluctuations, a variable tariff could effectively meet your business requirements.
Variable business rates often tend to be high, and we would suggest securing your energy for a set period instead of facing high out-of-contract rates.
Deemed Tarrifs
Businesses without an existing business energy contract or agreement are automatically placed on a deemed rate tariff, usually the most expensive option available. Transitioning from a deemed rate tariff to a fixed energy contract proves significantly more cost-effective for businesses.
Pass Through Tariff
A pass-through tariff adds complexity compared to other tariff structures by itemising your bill into fixed wholesale rates and additional rates, like National Grid levies and network costs, which can fluctuate multiple times annually. These tariffs are usually most advantageous for proactive gas consumers who actively manage their tariff selections.
LIVE ENERGY PRICES
- Our goal is to highlight the most affordable business gas rates from various suppliers across the UK. However, it’s crucial to note that pricing may fluctuate based on factors like geographical location, energy consumption levels, business type, and contract duration.
- We will provide the average price based on an annual consumption of 50,000 kWh per year, offering a clear benchmark for businesses to evaluate their potential energy expenses.
- Currently, our focus is on presenting the average prices over a three-year period to provide a comprehensive overview of the potential for long-term cost savings.
LIVE ELECTRICITY PRICES
| Prices added May 2024 for June 2024 start dates fixed for 36 months - Based on an annual consumption 50,000 including our discounted rates! | |||
| SUPPLIER | STANDING CHARGE | UNIT RATE | ANNUAL COST |
| E.ON NEXT | 30.00p Per Day | 24.67p Per kWh | £12,444.50 |
| SSE ENERGY SOLUTIONS | 155.00p Per Day | 26.19p Per kWh | £13,660.75 |
| BRITISH GAS LITE | 65.00p Per Day | 25.94p Per kWh | £13,207.25 |
| VALDA ENERGY | 77.00p Per Day | 23.12p Per kWh | £11,841.05 |
| JELLYFISH ENERGY | 65.00p Per Day | 22.88p Per kWh | £11,667.25 |
| POZITIVE ENERGY | 84.00p Per Day | 22.95p Per kWh | £11,781.60 |
| SMARTEST ENERGY | 58.00p Per Day | 23.84p Per kWh | £12,134.36 |
| OPUS ENERGY | 174p Per Day | 22.78p Per kWh | £12,025.10 |
LIVE GAS PRICES
| Gas Prices added May 2024 for June 2024 start dates fixed for 36 months - Based on an annual consumption 50,000 including our discounted rates! | |||
| SUPPLIER | STANDING CHARGE | UNIT RATE | ANNUAL COST |
| E.ON NEXT | 30.00p Per Day | 5.33p Per kWh | £2,774.50 |
| SSE ENERGY SOLUTIONS | 27.88p Per Day | 7.21p Per kWh | £3,703.55 |
| BRITISH GAS LITE | 60.00p Per Day | 5.65p Per kWh | £3,044.00 |
| VALDA ENERGY | 62.00p Per Day | 7.65p Per kWh | £4,051.30 |
| JELLYFISH ENERGY | 65.00p Per Day | 8.78p Per kWh | £4,627.45 |
| POZITIVE ENERGY | 35.00p Per Day | 6.78p Per kWh | £3,517.75 |
| SMARTEST ENERGY | 40.00p Per Day | 6.88p Per kWh | £3,586.00 |
| OPUS ENERGY | 60p Per Day | 7.66p Per kWh | £4,049.00 |
It’s important to understand that the prices listed in the table do not include Value Added Tax (VAT), which may be applicable depending on the nature of your business and its energy usage. Additionally, please note that these prices do not include the Climate Change Levy (CCL). Furthermore, the prices provided are not arranged in any specific order of competitiveness. We encourage you to carefully review all terms and conditions associated with each offer and to consult with our team to ensure a comprehensive understanding of the pricing structure and any potential additional charges or fees.
Is The Cost Of Business Energy Prices Going Up?
Is The Cost Of Business Energy Going Down?
- Energy prices in the UK have experienced significant fluctuations since the energy crisis hit in 2022. Following the crisis, energy prices surged due to various factors, including increased global demand for energy, supply chain disruptions, geopolitical tensions, and changes in energy policies. This surge in prices impacted both households and businesses, leading to higher energy bills and operational costs..
- The energy market has been characterised by volatility, with prices experiencing periods of rapid increase followed by temporary stabilisation. While there have been instances of price decreases, especially during periods of reduced demand or increased energy supply, the overall trend has been one of upward pressure on prices.
- While energy prices in the UK have shown some variability since the energy crisis hit in 2022, the market remains influenced by a complex interplay of factors, making it essential for businesses to stay informed and proactive in managing their energy expenses.
Why Did The Cost Of Business Energy Change?
- Several factors continue to influence energy prices in the UK. These include the ongoing transition to renewable energy sources, geopolitical tensions affecting global energy markets, fluctuations in currency exchange rates, and changes in government energy policies and regulations.
- The COVID-19 pandemic disrupted supply chains and logistics across various industries, including energy. Delays in the delivery of energy resources and equipment, as well as reduced capacity at production facilities, contributed to supply shortages and increased costs.
- Changes in government policies and regulations can impact energy prices. For example, taxes, levies, and subsidies related to energy production and consumption can influence the overall cost of energy for consumers and businesses.
Who Is The Best Energy Supplier For Customer Service In The UK?
- The Best Energy Rates strives to provide genuine Trustpilot ratings for various energy suppliers, fostering transparency and offering valuable insights into customer satisfaction levels.
- Discover authentic Trustpilot ratings for energy suppliers on our platform, empowering you to make informed decisions based on real customer experiences.
- We prioritise transparency and integrity, evident in our display of genuine Trustpilot ratings for energy suppliers. This enables businesses to choose providers with proven records of customer satisfaction.
| 10 TRUST PILOT REVIEWS ON ENERGY SUPPLIERS IN THE UK | |||
| SUPPLIER | RATING | TRUST PILOT REVIEW | TOTAL REVIEWS |
| E.ON NEXT |
★★★★☆
4.2 / 5.0 |
CLICK TO VIEW | 72K + |
| SSE ENERGY SOLUTIONS |
★☆☆☆☆
1.2 / 5.0 |
CLICK TO VIEW | 250 + |
| BRITISH GAS LITE |
★★☆☆☆
1.9 / 5.0 |
CLICK TO VIEW | 3.2k + |
| VALDA ENERGY |
★★★★☆
3.8 / 5.0 |
CLICK TO VIEW | 3k + |
| JELLYFISH ENERGY |
★★★☆☆
3.1 / 5.0 |
CLICK TO VIEW | 6 |
| POZITIVE ENERGY |
★★★★☆
4.2 / 5.0 |
CLICK TO VIEW | 5.7k + |
| SMARTEST ENERGY |
★★★★☆
4.0 / 5.0 |
CLICK TO VIEW | 2.1k + |
| OPUS ENERGY |
★★★★★
4.5 / 5.0 |
CLICK TO VIEW | 7.1k + |
| SCOTTISH POWER |
★★★★☆
4.2 / 5.0 |
CLICK TO VIEW | 71k + |
| EDF ENERGY |
★★★★★
4.3 / 5.0 |
CLICK TO VIEW | 79k + |
- Selecting an energy supplier with positive Trustpilot reviews is crucial for several reasons. Firstly, these reviews provide valuable insights into the real experiences of customers.
- Favorable reviews often indicate reliable service, competitive pricing, and effective customer support, all of which are essential considerations for businesses and households relying on consistent energy provision.
- Trustpilot ratings serve as indicators of trustworthiness and dependability. Opting for a supplier with high scores reduces the risk of encountering issues like billing errors, service disruptions, or inadequate communication, all of which can disrupt operations and incur costs for consumers.
- Real-life accounts shared through Trustpilot reviews offer invaluable information about the experiences of other customers. Choosing a supplier with consistently positive reviews signifies reliability in delivering the promised service.
- This reliability translates into fewer disruptions in energy supply, ensuring smooth business or household operations without unexpected interruptions. On our energy brokerage website, we’ve evaluated 10 energy suppliers in the UK based on Trustpilot ratings.
- Opus Energy received the highest score of 4.5 stars, while SSE Energy Solutions received the lowest score of 1.2 stars.
ENERGY SUPPLIERS RATED FROM BEST TO WORST ON CUSTOMER SERVICE BASED ON REAL TRUSTPILOT REVIEWS:
1) Opus Energy (4.5)
2) EDF (4.3)
3)Â EON Next (4.2)
4) Scottish Power (4.2)
5) Pozitive Energy (4.2)
6) Smartest Energy (4.0)
7) Valda Energy (3.8)
8) Jellyfish Energy (3.1)
9) British Gas Lite (1.9)
10) SSE Energy Solutions (1.2)
What Costs Make Up Your Business Energy Costs
Business energy costs in the UK comprise several components for both gas and electricity. Here’s an overview:
For Gas:
- Unit Rate: This is the cost per unit of gas consumed, typically measured in kWh (kilowatt-hours).
- Standing Charge: A daily or monthly fee charged by the energy supplier to cover the costs of supplying gas to your premises, regardless of usage.
- Climate Change Levy (CCL): A government-imposed tax on energy usage aimed at encouraging businesses to reduce their carbon emissions.
- VAT: Value Added Tax is applied to most business energy bills at the standard rate, currently set at 20% in the UK.
For Electricity:
- Unit Rate: Similar to gas, this is the cost per unit of electricity consumed, measured in kWh.
- Standing Charge: As with gas, this is a fixed fee charged by the supplier to cover the costs of supplying electricity to your premises.
- Climate Change Levy (CCL): Also applicable to electricity usage, this tax is aimed at reducing carbon emissions.
- VAT: Value Added Tax is applied to electricity bills at the standard rate, just like with gas.
Additional Costs:
- Metering Costs: Depending on your meter type and energy usage profile, there may be additional costs associated with meter readings and maintenance.
- Meter Operation Charges: Some suppliers may charge fees for the operation and maintenance of your energy meter.
- Transmission Charges: These charges cover the cost of transporting energy from the generation source to your premises and are typically included in the unit rate.
- Distribution Charges: Similar to transmission charges, distribution charges cover the cost of distributing energy through the local network to your premises.
Understanding these components can help businesses better manage and budget for their energy expenses.
What Other Charges Can Be Expected To Be Seen On Your Business Energy Bills?
Value Added Tax (VAT)
- VAT, an abbreviation for Value Added Tax, is a consumption tax imposed on the majority of goods and services in the UK. It is calculated as a percentage of the total cost, including any applicable taxes or duties.
- In the UK, the standard VAT rate is currently 20%. However, reduced rates apply to certain goods and services. For example, domestic energy bills are subject to a reduced VAT rate of 5%..
Metering Charges
- Your bill may also include charges associated with transmitting and distributing gas through the national grid and local distribution networks..
Climate Change Levy (CCL)
- The Climate Change Levy (CCL) is an environmental tax imposed in the UK on the energy consumption of businesses and public sector organisations.
- Introduced in 2001 as part of the government's efforts to reduce greenhouse gas emissions and combat climate change, the Climate Change Levy (CCL) is applied to most energy sources used for heating, lighting, and power. Certain sectors, such as renewable energy sources and specific energy-intensive industries, are exempt from this levy.
Reactive Power Charges
- Certain businesses using particular types of equipment or with high gas demand might face supplementary costs for reactive gas usage. This gas is employed in specific industrial processes and could attract extra charges.