Compare business electricity prices
Compare the latest business electricity prices and let our energy experts secure a competitive rate for your business.
Compare business electricity prices from these suppliers
Why choose Consultiv for business electricity comparison?
We compare prices from more than 20 trusted suppliers to find the right rate for your business. Finding the right rate is just the start. Here are three more reasons businesses choose Consultiv Utilities.
Expert led
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Our energy consultants compare rates across the market on your behalf, using their expert industry knowledge to find a competitive deal that suits your business.
Independent advice
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We are not tied to any single supplier. Our experts review rates from our panel of suppliers and recommend an option that's most suitable for your business.
Proven experience
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With over 5,000 businesses supported, our consultants have the experience and market knowledge to find you a competitive rate.
How to compare business electricity prices
Compare business electricity prices with our experts with these three simple steps.
Why compare business electricity rates?
Comparing business electricity rates helps you avoid overpaying and secures a competitive price in the current market. Here are 3 key reasons to compare.
Compare business electricity prices for different business sizes
Business electricity prices can be impacted by your expected business energy consumption, so a competitive rate looks different for a small shop than it does for an energy-intensive industry. Our experts compare electricity prices for businesses of every size.
Small business
Smaller businesses such as offices, retail units and cafes typically use less electricity, and can benefit from simple fixed business energy contracts.
- Typical usage: up to 50,000 kWh a year
- Often on a standard smart electricity meter.
Medium business
Medium businesses such as small manufacturers and hotels use more power and may require tariffs which include capacity charges, making comparison more complex.
- Typical usage: 50,000 kWh+ a year
- Smart meters and half-hourly electricity meters
Energy-intensive businesses
Energy-intensive sites use the most power and have access to a wider range of tariff options which allow flexible purchasing from the wholesale market.
- Typical usage: 5 GWh +
- Access to flexible energy contracts
What to look for when comparing business electricity rates
The lowest unit rate per kWh does not always mean the most competitive deal. When comparing business electricity rates, it helps to look at the full picture.
What to look for when comparing business electricity rates
Unit & standing charges
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Most tariffs include two charges, the unit rate you pay for each kWh of electricity you use, and the daily standing charge you pay regardless of usage. A low unit rate can be offset by a high standing charge, so always check both together before judging whether a deal is competitive.
Contract length
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Business electricity contracts typically run from one to five years. Longer fixed terms give you price certainty for longer, which helps with budgeting, but they also lock you in if rates fall. Shorter terms offer more flexibility but mean comparing the market again sooner. The right length depends on how far ahead you want to secure your price.
Contract type
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Fixed, variable and pass through rates all work differently. Fixed rates hold your unit price for the whole term, variable rates move with the market, and pass through rates separate the wholesale cost from non-commodity costs. Each suits a different appetite for risk, so it is worth understanding which fits your usage and budget before you sign.
Supplier reviews
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Reviews profiles show you how a supplier handles billing, meter reads and support once you are signed up. A strong track record can save you time and hassle over the life of the contract, so it is worth checking before you commit.
Green electricity
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If renewable supply matters to your business, check exactly what a tariff offers. Some suppliers provide 100% renewable electricity backed by Renewable Energy Guarantees of Origin while others will purchase electricity from a mix of sources including gas power stations.
Exit and renewal terms
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Check whether you can leave early and what it costs, as many contracts charge an exit fee or ask you to pay out the remaining term. Note your renewal window too, so you can compare the market in good time before your contract ends.
What information do you need to compare business electricity?
You can compare business electricity with just a few basic details, but the more information you have to hand, the quicker the process and the more accurate the rates you will be quoted.
Most of what you need is on a recent business electricity bill, so it is worth having one nearby before you start. Here is the information that helps our experts find the right rate for your business.
Business address and postcode
Business electricity prices vary from one region to another because network charges differ across the country. Your business address and postcode let suppliers work out which regional rates apply to you, so having them ready means the prices you are quoted reflect your actual location rather than a rough estimate.
MPAN
Your meter point administration number, or MPAN, is the unique reference printed on your electricity bill. It identifies your specific electricity supply and tells business energy suppliers what type of meter you have and provides a record of your historical consumption.
Current supplier and tariff
Knowing who currently supplies your electricity and what tariff you are on gives our experts a clear starting point. It lets them see how your existing rate measures up against the wider market, which makes it far easier to show whether you are overpaying and how much you could save by moving to a more competitive deal.
Contract end date
Your contract end date lets our experts line up your new contract to start the day your current one ends, so you move straight onto your new rate without moving onto expensive out-of-contract charges.
Compare current business electricity prices
Compare current business electricity prices with our experts and secure a competitive rate today.
Compare business electricity prices FAQs
When should I compare business electricity prices?
You can compare business electricity prices at any time. Suppliers allow you to fix rates for future periods in advance. Comparing and locking in a price before your current tariff expires helps you avoid the risk of rolling onto unfavourable out-of-contract rates.
Can I compare electricity prices for multiple business sites at once?
Yes. Our experts can compare prices across all your sites together, whether they are on separate meters or spread across different regions. Handling your sites as a group gives you one point of contact and makes managing renewals far simpler than arranging each site on its own.
Will comparing business electricity prices affect my credit score?
No. Comparing prices and getting a quote does not affect your credit score. A supplier may run a credit check once you decide to go ahead and a contract is being set up, but simply comparing the market beforehand has no impact.
Do business electricity quotes expire?
Yes. Business electricity prices move daily with the wholesale market, so quotes are usually valid for a short period only. If you want to secure a rate, it is best to make a decision on a provided quote while it still stands rather than leaving it too long.
Can I compare business electricity prices for a business moving premises?
Yes, though moving premises works a little differently. When you move in, the existing supplier to the property automatically continues the supply on what is called a deemed contract, usually charged at a higher deemed rate.
To move off it, a change of tenancy needs to be completed with that supplier first, and then a new contract can be arranged. Our experts can compare prices and handle this process for you, and starting early keeps the time spent on out-of-contract rates to a minimum.
Start your business electricity comparison
Fill in the form and one of our energy experts will be in touch with a competitive quote based on your business’s individual needs. It only takes a minute, and there’s no obligation to switch.
