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Compare Business Gas Prices – September 2024

Compare the latest business gas prices with us. The table below provides indicative average business gas rates for a one-year fixed contract for September 2024.

Important note: The business gas prices are average figures. Business gas rates depend on region, contract length and annual consumption.

SizeAnnual Consumption kWh1 Year fixed gas rate p/kWh
Small10,000 to 50,0006.6
Medium50,000 to 100,0005.8
Large100,000 +5.6

Source: AquaSwitch – Business Gas Prices

 

Current business gas prices

Discover the latest trends in business gas rates. The graph below shows how one-year fixed business gas rates have changed over the past 18 months.

Graph of current business gas rates - 9 September 2024 update

Source: AquaSwitch – Business Gas Prices

Compare business gas in three simple steps

Ready to save on your business gas bills? Comparing prices has never been easier! Our business gas comparison tool helps you find the best rates by considering unit rates and daily standing charges.

Just follow these three simple steps to take advantage of cheap business gas rates:

Provide a Few Simple Details

Provide a Few Simple Details

Give us a few details from a recent business gas bill: business address, current supplier, annual gas usage, and contract end date.

Compare Business Gas Prices

Compare Business Gas Prices

Our business energy experts will gather a range of business gas quotes which calculate your expected annual cost making comparison easy.

We Handle Your Gas Switch

We Handle Your Gas Switch

Let our experts take care of the switch to your new, cheaper business gas supplier. All we’ll need is a signature on your new contract and our LOA.

Benefits of business gas comparison

Here are the top three reasons to compare business gas prices for your company today.

<h3>Save Money</h3>

Save Money

Renewal quotes from business gas suppliers are often uncompetitive. By comparing business gas suppliers, you can find the best rates available in the market.

<h3>Save Time</h3>

Save Time

Gathering quotes from business gas suppliers yourself can be a lengthy process. Allow our business gas experts to handle the research, saving you valuable time.

<h3>It's Free</h3>

It's Free

Our business gas comparison service is free. You are not obligated to use the quotes collected from our panel of suppliers.

Average business gas rates in the UK

The table below displays the average business gas rates in the UK, including one-year fixed gas rates offered by business gas suppliers for 2024, alongside rates from the previous three years for comparison.

SizeAnnual Consumption kWh2021 average rates p/kWh2022 average rates p/kWh2023 average rates p/kWh2024 average rates p/kWh
Small10,000 - 50,0005.0716.318.916.19
Medium50,000 - 100,0003.6515.878.515.69
Big100,000 +4.2815.628.365.49

💡Business Gas Rates have fallen significantly since their peak in the Autumn of 2022 but remain approximately twice as expensive as the historical average.

Source: AquaSwitch – Business Gas Prices

Business Gas Prices Explained

Choosing the right business gas supplier and tariff is crucial for business owners – heating properties with gas is one of the most expensive overheads for SMEs.

The important thing to remember about business gas rates is that, unlike the domestic energy market, no price cap protects them. If your company is paying out-of-contract business gas rates, you could be wasting thousands on uncompetitive rates.

What’s Included in Business Gas Rates?

Business gas rates are the charges paid by companies to use natural gas from the gas mains network.

Business gas rates are composed of consumption charges based on how much gas you use and fixed daily charges for maintaining your business gas connection.

Here’s a summary of the different business gas charges:

  • Unit Price: A charge for each unit kWh of gas consumed as measured by a business gas meter. This can be a fixed rate defined in a contract or a variable rate, depending on market conditions.
  • Daily Standing Charges: This fixed daily cost, calculated in pence per day, covers the maintenance of your connection to the local gas distribution network.
  • Climate Change Levy (CCL): A government tax encouraging efficient gas usage charged at 0.775 pence per kWh.
  • Value-Added Tax (VAT): Under UK laws, business gas rates are subject to VAT. Microbusinesses pay 5% VAT, while all other businesses pay the standard rate of 20% on top of the unit price, daily standing charges, and CCL. Find out more in our guide to VAT on business energy bills.

How Much Is Business Gas per kWh?

The cost of 1 kWh of business gas varies based on several factors, including the supplier, location, tariff, and the state of the wholesale gas market. Over the past year, the market cost for 1 kWh of business gas has ranged from 6 to 12 pence.

Request bespoke gas quotes for your business with our business gas comparison tool.

What is a good business gas rate?

A good business gas rate aligns with current market conditions and offers competitive pricing compared to other available rates. It takes into account:

  • The state of the wholesale gas market: Prices fluctuate based on supply and demand dynamics.
  • Geopolitical influences: Events like the Ukrainian conflict can significantly impact prices.
  • Contract terms: Fixed rates provide stability, while variable rates may offer lower costs depending on market conditions.

In Britain, there are over 30 business gas suppliers competing to offer the best prices. At Business Energy Deals, we specialise in connecting small businesses with the best business gas rates.

Find out how much we can save your business today.

How to find my MPRN

Finding your Meter Point Reference Number (MPRN) is essential for managing your business gas account and switching suppliers. This unique number identifies your gas supply point and ensures everything runs smoothly. Here’s how you can find it:

  • Check Your Gas Bill: Your MPRN is typically listed on your gas bill. Look for a number labelled as the “MPRN” or “Meter Point Reference Number.” It is usually 6 to 10 digits long.
  • Look at Your Gas Meter: Some gas meters have the MPRN printed on them, or it may be on a sticker or an information plate.
  • Contact Your Supplier: Contact your gas supplier if you cannot find your MPRN on your bill or meter. They can quickly provide it.
  • Use the National Grid Service: You can contact the National Grid’s Meter Number Helpline in the UK. They can help you find your MPRN based on your address and other details.
  • Use Online Tools: The Meter Point Administration Service offers a “Find My Supplier” tool online, where you can input your business postcode to find your MPRN.

Knowing your MPRN is crucial for comparing business gas rates and switching to another supplier.

Average annual business gas usage in kWh

Regarding business gas prices, your consumption is the key player. Every kWh of gas that passes through your commercial property’s gas meter directly impacts your bill. Understanding your usage is crucial to managing costs effectively.

To help you get a clearer picture, here are the annual figures for average business gas usage:

Business SizeAverage Annual Gas Consumption (kWh)
Micro5,000
Small Business15,000
Medium Business35,000
Large Business75,000
Industrial500,000
Average British Home12,000

Source: Statista: Business Energy Consumption UK.