Compare Business Electricity
Save time, money, and hassle with WeSave - your trusted energy partner for business electricity
Lock in Lower Energy Prices for Your Business
At WeSave, we make it simple for UK businesses to find lower electricity prices and lock in long-term savings.
With direct access to all major UK suppliers, we compare live rates to find the best fixed electricity deals for your business — so you can focus on running it.
Since Autumn 2022, business energy prices have fallen by more than 70%. If you haven’t reviewed your electricity contract recently, there’s never been a better time to switch.
We work with trusted UK electricity suppliers
Why Switch Business Electricity?
Many businesses stay with the same supplier for years — often paying far more than they need to.
By comparing deals with WeSave, you could:
Cut costs by moving away from expensive out-of-contract rates
Fix your price for up to 3 years to protect against future rises
Gain peace of mind knowing you’re on a fair, transparent deal
Get help at every stage – from quote to renewal
Whether you run a café, workshop or warehouse, we’ll make sure your electricity works harder for your business.
Understanding the basics of Business Electricity
Business electricity works much like household energy, but with key differences that can affect how much you pay and how your contract is managed.
Unlike domestic energy, business electricity tariffs are based on many factors – such as your company’s size, usage patterns, location and meter type. Prices are not published in the same way as household rates, which is why using a broker like WeSave is the easiest way to find the best deal.
Every business electricity bill includes two main charges:
- Unit Rate (p/kWh): What you pay for each unit of electricity your business uses.
- Standing Charge (p/day): A daily fee that covers the cost of supplying electricity to your premises.
Other elements, such as VAT, the Climate Change Levy (CCL), Nuclear Rab Levy and network costs, will likely appear on your bill too.
Most businesses pay 20% VAT, though smaller users or charities could qualify for the reduced 5% rate.
Why Businesses Choose WeSave
WeSave is an independent UK energy broker built on transparency, trust and results.
We don’t just compare rates, we look after you throughout your energy journey.
Access to all major UK suppliers
Honest, independent advice
Dedicated support from our UK-based team
Early renewal options up to 12 months in advance
Competitive green energy alternatives
Clear, no-jargon guidance every step of the way
Business Electricity Rates in April 2026
Understanding the latest business electricity rates is essential for managing energy costs in 2026, whether you’re a micro business, SME or larger organisation. As UK electricity prices continue to change, having clear benchmark data helps businesses compare tariffs, review renewal options and make informed decisions.
Below, you’ll find average business electricity prices for 2026, including indicative unit rates, standing charges and typical fixed-rate tariff structures. This makes it easier to compare your current deal against the market and see whether more competitive electricity prices may be available for your usage and location.
Using the latest available data helps your business compare suppliers with confidence, check whether existing rates remain competitive and assess whether it may be the right time to review your contract.
Cheapest UK Business Electricity Prices - April 2026
Average UK Business Electricity Prices - April 2026
Disclaimer: Business electricity prices vary depending on market conditions, contract type, usage, location, and supplier. The figures shown reflect indicative UK 1-year fixed-rate averages based on data from 2nd April 2026. These rates are provided for guidance only. Actual prices will differ from business to business, and we can provide a tailored quotation based on your specific meter details.
Summary of Business Electricity Rates in April 2026
Business electricity pricing can be difficult to navigate, particularly with frequent market fluctuations. To provide a clear benchmark, the following highlights some of the latest fixed-rate deals currently available for different business sizes:
Current deals include:
- Micro businesses (up to 5,000 kWh/year): Rates from 25.74p per kWh, with a daily standing charge of 42.76p per day on a 1-year fixed tariff.
- Small and medium businesses (5,000–24,999 kWh/year): Rates from 24.43p per kWh, with a daily standing charge of 82.24p per day on a 1-year fixed tariff.
- Large businesses (25,000-49.999 kWh/year): Rates from 24.82p per kWh, with a daily standing charge of 213.08p per day on a 1-year fixed tariff.
To get the most accurate and personalised rates for your business, live quotes based on your consumption and postcode are recommended.
⚠️ Market Update – April 2026
Ongoing geopolitical tensions in the Middle East, particularly around Iran and key shipping routes such as the Strait of Hormuz, have introduced renewed volatility into global energy markets.
As a result, some UK business energy suppliers have temporarily increased prices or withdrawn quotes, before re-entering the market as wholesale costs stabilise. This has led to short-term fluctuations in both business electricity and gas pricing.
While this does not necessarily mean prices will continue rising, it does highlight how quickly supplier rates can change in the current market.
Businesses approaching renewal may benefit from reviewing their options sooner rather than later, particularly where contracts are due within the next few months.
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Business Electricity Tariffs
Choosing the right electricity tariff can save your business money and provide greater control over energy costs. UK businesses have a variety of options, from fixed-rate and variable tariffs to green energy and flexible solutions. Whether you want predictable monthly bills, the chance to benefit from market price changes, or renewable energy options, understanding the different business electricity tariffs available is key to reducing costs and improving energy efficiency.
Your business electricity deal also depends on your meter type – standard, smart or half-hourly – which determines how often your consumption is measured and billed.
At WeSave, we simplify all of this. Our experts compare the market, explain your options in plain English, and help you secure the tariff that makes the most sense for your business.
Business Electricity Prices per kWh by Supplier
You might be wondering whether the size of your business affects the electricity tariff you pay. The short answer is yes.
In fact, smaller businesses often end up paying a higher rate per kWh, while larger businesses are usually offered lower rates. The standing charge can also vary depending on the size of your company.
There are several reasons for this. Large businesses tend to have substantial electricity needs, so securing a cost-effective tariff is crucial to avoid unnecessary expenses. They are often able to negotiate bulk consumption discounts and may enlist brokers to help them secure the best deals.
Smaller businesses, on the other hand, generally have lower energy requirements. They may be less likely to shop around for alternative contracts and usually don’t consume enough electricity to qualify for bulk discounts.
Regardless of your company’s size, energy experts recommend comparing different business electricity rates. Doing so can help you find competitive tariffs, and understanding the electricity market can be a valuable advantage when negotiating with suppliers.
The table below provides you with a comparison of rates per supplier:
Disclaimer: These business gas rates are accurate as of 2nd April 2026 and are based on live market data. Prices can vary depending on market conditions, contract length, usage, location, and supplier. The example shown is calculated using a 1-year fixed-rate contract with an annual consumption of 24,999 kWh and is provided for guidance only. Actual prices will differ, and we can supply a tailored quotation based on your specific meter details.
Understanding Your Business Electricity Meter
Choosing the right electricity meter is an important step in keeping your business energy costs under control. The type of meter you use affects how you’re billed, how accurate your charges are, and which tariffs you’re eligible for. In some cases, energy suppliers may even provide the meter free of charge, depending on your contract.
Smart Meter
Smart meters are the go-to option for most small and medium-sized businesses. They automatically send regular readings to your supplier, cutting out admin and helping ensure your bills are always accurate and up to date. With real-time data at your fingertips, it’s easier to monitor consumption and spot opportunities to save.
Standard Meter
A standard meter works on a single rate and is still widely used across UK businesses. If you have this type of meter, you’ll need to submit meter readings yourself to keep your bills correct. It’s a simple setup but requires a bit more hands-on management.
Multi-rate Meter
If your business benefits from time-of-use tariffs – such as cheaper rates during evenings or off-peak periods – you’ll need a multi-rate meter. These meters can track different prices throughout the day, making them a good fit for businesses operating outside traditional hours.
Half-hourly Meter
Half-hourly meters are designed for businesses with higher electricity usage. They automatically send consumption data every 30 minutes, giving suppliers precise insight into your usage patterns. This level of detail can help secure more competitive rates if your business requires a large, consistent supply of power. You can find out further information about Half-Hourly meters by clicking here.
Business Electricity FAQs
Find answers to our frequently asked business energy questions below…
Switching your business energy supplier can help you save money on your energy bills by securing better rates and contract terms.
Additionally, switching to a green energy supplier can help you reduce your business’s carbon footprint and improve your sustainability efforts.
It’s best to start looking at new business electricity quotes around six months before your contract end date. This gives you enough time to compare prices, avoid expensive out-of-contract rates and lock in competitive deals ahead of market changes.
Several factors influence the commercial electricity rates available to your business, including:
- Wholesale electricity market prices
- Your annual electricity consumption
- Location and size of your premises
- Industry sector and operating hours
- Your business’s credit score
Many companies assume these hurdles make switching difficult, but staying put often means paying far more than necessary. We help businesses of every size navigate the market and secure the best available tariffs from our trusted supplier panel.
Yes – if you operate from several locations or have high usage across a single large site, a multi-site electricity contract can simplify management and reduce costs.
Benefits include:
- One contract for multiple meters
- Easier renewals and unified billing
- Potential discounts by combining usage
- Better visibility and control over overall energy consumption
Half-hourly (HH) meters automatically send accurate usage data to your electricity supplier every 30 minutes.
They are mandatory if your site has a maximum demand of 100 kVA or more in any 30-minute period.
HH meters help large energy users avoid estimated bills and secure more accurate, tailored commercial electricity rates.
Find more information about half-hourly meters by clicking here.
No – dual fuel tariffs are for domestic customers only.
Commercial customers must agree separate electricity and gas contracts.
However, if you choose to take both fuels with the same supplier, you may be able to negotiate a more favourable overall deal.
No. Switching your business electricity supplier is a seamless process and won’t interrupt your power supply.
Your electricity is delivered through the existing infrastructure — only the supplier and billing arrangement change.
If you don’t renegotiate or switch during your renewal window, you may be placed on a rollover or deemed tariff.
These rates are typically far more expensive.
The good news? You can leave deemed rates at any time without exit fees – so if your contract has rolled over, get new quotes immediately to avoid overpaying.
You may be eligible for the reduced 5% VAT rate if:
- You use less than 1,000 kWh of electricity per month
- You use less than 4,397kWh of gas per month.
- You’re a charitable or non-profit organisation
- At least 60% of your electricity is used for residential or care accommodation
The Climate Change Levy (CCL) is an environmental tax on commercial energy use in the UK. It is an additional tax, alongside VAT, that certain businesses will pay on their energy.
It is designed to make UK businesses more sustainable. The more energy-efficient your business is, and the less carbon-creating energy you use, the less CCL you pay.
Your business may be exempt from CCL if any of the following apply:
- You use less than 1,000kWh of electricity per month.
- You use less than 4,397kWh of gas per month.
- You are a charitable or non-profit organisation.
- At least 60% of your business energy is used for residential accommodation.
Introduced in November 2025, the Regulated Asset Base (RAB) Levy is a charge designed to help finance major low-carbon electricity projects, such as new nuclear power stations.
It spreads the cost across consumers to speed up investment in long-term clean energy infrastructure.
Not all suppliers include the RAB Levy in the same way, so it’s important to check how it appears on your electricity quotes.
Most UK business electricity switches complete within 5 working days under Ofgem’s Faster Switching programme.
However, switches can take longer if your current supplier raises an objection, usually due to unpaid bills or incorrect details.
You’ll usually need:
- Your business address
- MPAN (electricity supply number)
- Estimated or actual annual consumption
- Current supplier and contract end date
If you don’t know your usage, we can estimate it based on your meter type and business size.
You’ll usually need:
- Your business address
- MPAN (electricity supply number)
- Estimated or actual annual consumption
- Current supplier and contract end date
If you don’t know your usage, we can estimate it based on your meter type and business size.
Fixed-rate electricity deals are popular because they lock in unit rates for the full contract term, protecting your business from market volatility.
Variable tariffs are more flexible but can be risky during periods of rising wholesale prices.
Yes – new businesses can secure commercial electricity deals, even without usage history.
Some suppliers may run a credit check, and deposits may occasionally be required for brand-new companies.
Many suppliers now offer fully renewable business electricity tariffs sourced from wind, solar and hydro generation.
Choosing green electricity can help your organisation reduce emissions and meet ESG or sustainability targets.
If you’re relocating, you’ll need to:
- Tell your current supplier the final meter reading
- Close or transfer your existing contract
- Agree a new electricity contract for your new site
When you move in, you’ll automatically be placed on deemed rates until you secure a new deal.
Have any other questions?
Speak to a member of our friendly team by calling us today on 01872 495 111.
Our lines are open Monday to Friday, 9am – 5.30pm.
Our Services
Complete Business Energy Support from WeSave
At WeSave, we help UK businesses take control of their energy costs with clear, expert guidance and access to competitive tariffs from a wide panel of trusted suppliers. Whether you’re renewing, switching or exploring greener options, our service is designed to deliver long-term value, complete transparency and genuine savings.
We compare live electricity, gas and renewable energy prices, analyse your usage and negotiate better deals on your behalf. Our independent approach ensures every recommendation is tailored to your business needs – giving you confidence, clarity and a simpler way to manage your energy.
With WeSave, you get a trusted energy partner committed to reducing your costs and supporting your long-term sustainability goals.
Business Electricity
Compare fixed and flexible tariffs from a large range of trusted UK suppliers.
Business Gas
Reduce costs with competitive commercial gas deals with WeSave.
Green Energy
Power your business sustainably with green electricity and carbon-offset gas
Alongside electricity and gas, we also help businesses reduce costs and stay compliant with business waste collection services, all managed through one trusted partner. Click here for further information.