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Business electricity

Switch and smile for good with savings of over 30% on monthly bills 

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We compare the prices of over 15 energy suppliers

Compare business electricity prices with us

Are you a time strapped business owner looking to switch your business energy? Your business’s bottom line shouldn’t suffer. Over 250,000 businesses and counting have switched with Make It Cheaper’s quick and easy comparison service, saving them time and their businesses money.

Finding a better deal on your business’ electricity may seem complex at first. But, in truth with the help of a small business electricity broker like Make It Cheaper, you only a short phone call away from saving your business potentially hundreds of pounds on the electricity that it uses.

All our business savings experts need is a small amount of information about your business and its circumstances, all off which can be attained with a short phone call. With this information they can then return a numerous quotes for you to review in minutes, all of which have been designed with your business’s needs in mind.

Once you have your quotes, our team can even advise you on which option best suits your business’s specific needs, to ensure that you switch to the best deal for you.

What’s more, we can do the same again year after year with our unique Do It For You service that vows to keep you on the best deals each time you’re due to renew.

All about business electricity

  • Electricity is a vital part of the majority of Britain’s businesses, powering your lights, tills, ovens and computers to name but a few.
  • When looking comparing your business’s electricity you may have noticed there are differences and restrictions that exist when you come to switch.
  • Depending on the last time you switched, there’s enormous potential for businesses to save and strengthen their bottom line.

For more information, visit Ofgem's website.

 

We Compare and you save: How it works

We talk

You tell us about your business and the electricity  contract – or contracts – you are interested in switching.

We search

Our saving experts search live information and tell you about your contract options using words you’ll understand.

You save

When you’ve decided what you want to do, we’ll set up your new contract and leave you to get back to running your business. Easy.


Business electricity prices and rates

Business size Average annual usage Average price (per kWh) Standing charge (daily) Average annual price
Micro business 5,000 – 15,000 kWh 13p - 13.5p 26p - 30p £650 - £1,800
Small business 15,000 – 30,000 kWh 11.8p - 13p 24p - 26p £1,900 - £2,900
Medium business 30,000 – 50,000 kWh 11.3p - 11.8p 21p - 23p £3,300 - £5,000 

When deciding which quote best suits your business, you will likely be drawn by the cheapest price offered by a supplier. However, doing so without properly researching the quote could leave you on a cheap contract with substandard after sales care – costing you more in the event that you need an issue resolving urgently.

The secret to securing the best prices and service on your business electricity is to understand exactly how the costs on your bill are made up.

Looking for more detailed information on your bill? Visit our business energy bill guide for help.

In short, your business’s bill will display a breakdown of costs, which includes VAT and any government imposed levies. However the two main costs that will make up the majority of your bill are:

A standing charge
Most tariffs have a standing charge, and it allows your supplier to cover the cost of transporting electricity to your premises, as well as any maintenance that the national grid requires. A standing charge is a fixed daily cost that will not change regardless of how much electricity you use.

A Unit cost
This is the amount that your supplier charges you per unit of electricity that you use. Whereas the cost is fixed per unit, the total amount will vary depending on how much electricity you have used. This will be one of the key cost that you will be negotiating over when comparing and switching tariffs.

You can tell how competitive the prices and rates in your quotes are by comparing them to average business electricity prices from across the market.

 

How to compare business electricity quotes

If you want to compare electricity quotes for your business, but you don’t have the time to collect different quotes, run a comparison and switch, you’re not alone. Fortunately Make It Cheaper can collect quotes on your behalf, help you compare the best deals and even support you each step through the switch. Meaning you precious time can be spent on growing your business.

All it take is a short phone call about your business and its needs, and our business savings experts have all the information they need to find quotes that meet your requirements. It’s that simple!

To get the most out of our quick and easy comparison service, we ask all business owners to have the following information to hand before calling:

  • A recent electricitybill
  • Your business' registration information
  • Your MPAN and MPRN numbers from your bill or meter
  • Your current contract's end date
  • The date your switching window opens

Having trouble finding all the information you need? Find out exactly where to find this information on your bill using our helpful business energy bill small print pointer.

Business electricity FAQs

How long does it take to switch?

Typically you can expect a switch to take around 6-weeks. In some cases the time to switch can be increased - for example if you're switching multiple fuels with different suppliers, or your switch is blocked for some reason.

Will switching interrupt my supply? 

No. Both your current and new supplier should work together to organise a date that your supply is transferred, meaning your supply remains unaffected. 

What contract types are available to me?

The types of contracts available to you will depend on the supplier and your circumstances. Visit our guide to business utility contract types to learn more about what's available.

What should I do when moving business premises?

Learn more about your electricity when moving premises with our guide to your business's utilities when moving

Do I need to pay VAT on my business's electricity?

Yes. There is standard VAT of 20% applied to your bill automatically. It's possible to reduce this to 5% if you only use small amounts of fuel. To find out more visit our VAT for business energy guide

 

Our business electricity suppliers

Supplier Fixed price contract length Get a quote
EDF business logo 1 - 4 years Get a quote
Scottish power business logo 1 - 3 years (electricity)
1 - 2 years (gas)
Get a quote
Opus energy logo 1 - 3 years Get a quote
1 - 4 years Get a quote
SSE business logo 1 - 3 years Get a quote
eon business logo 1 - 3 years Get a quote

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