Use this comparison to find the best electricity deal for your business. Here is how to work out which electricity tariff you should get:
Consider your business needs
When comparing business electricity, you should think about:
The size of your business: Check your annual turnover and the size of your office space, because suppliers tend to specialise in some sizes of business and not others.
How long you plan to stay in one place: If you want to move premises, or if your business runs seasonally, a short term contract gives you more flexibility to switch.
Your energy usage: Check previous bills to see how much electricity you use each year. If you are a new business, call suppliers for help estimating your usage.
When you use electricity: If you only use electricity during the night or early hours of the morning, you may be able to pay less for your energy.
Most business tariffs are fixed contracts, which could tie you in for up to four years. This makes it especially important to pick a tariff that meets your needs as a business.
You will need to get individual quotes from each supplier, so leave enough time to be able to do this by using this comparison or an energy broker.
If you have an existing tariff in place, start comparing other deals as soon as you get a renewal offer from your current energy company.
Here is more information about how to switch your business electricity tariff.
Decide on a tariff
Once you know what your business needs are, you can choose the right tariff:
Fixed rate: The price of your electricity stays the same throughout your contract
Flexible: You bulk buy your energy before you use it, usually if your usage is high
Smart meter: Your electricity usage is monitored half hourly and your bill is more accurate
Multi site: Your energy company supplies electricity to several business locations
Eco: The electricity comes from green resources, like solar power
Business electricity FAQs
Do I need business electricity if I run my business from home?
If your energy usage is high, you could save with a business tariff. However, if your usage is low it may be cheaper for you to get a home energy deal.
Can I get a temporary business electricity contract?
Yes, some suppliers offer contracts that only last six months. If you are a new business or plan to move, this could give you the flexibility you need.
Do I have to pay a standing charge?
This is the daily price you pay for your supplier managing your account. You can get tariffs with no standing charge, but they are not always cheaper.
Can I switch tariff if I have a fixed contract?
Only if you are in your renewal period or your contract has ended. You can find out how to switch supplier here.
Can I get dual fuel for my business electricity and gas?
No, business energy companies do not offer dual fuel rates. You need separate contracts for your business electricity and gas.
About our business electricity comparison
Who do we include in this comparison?
We include selected suppliers from the broker LoveEnergySavings.com when you get quotes through our comparison. LoveEnergySavings.com only compare Ofgem licensed business electricity suppliers in the UK. Here is more information about how our website works.
How do we make money from our comparison?
We have commercial agreements with some of the companies in this comparison and get paid commission if we help you take out one of their products or services. Find out more here.
You do not pay any extra and it does not affect the deal you get.