Compare Business Electricity Prices & Switch Supplier

Business electricity in the UK costs roughly 22p to 30p per kWh in 2026 for most small and medium businesses, plus a daily standing charge of around 45p to 65p. Your exact rate depends on your usage, postcode, contract length and credit profile, which is why comparing suppliers matters.

Green Light Consultancy Group compares quotes from the UK's leading business electricity suppliers, finds you a better rate, and handles the switch. Some of our tariffs come with a 0p standing charge.

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What are business electricity rates in the UK?

Business electricity is priced on two parts: a unit rate (the price per kWh you use) and a standing charge (a fixed daily fee to keep your supply connected). In 2026, typical rates are:

Small business: around 27–30p per kWh

Medium business: around 26p per kWh

Large business: around 22–26p per kWh, often lower on negotiated contracts

Rates move with wholesale energy prices, so the figure you're quoted today may differ next month. For a full breakdown by business size and region, see our guide to current business electricity rates in the UK. To get a rate for your business, compare quotes here.

How much does business electricity cost per kWh?

Most UK businesses pay between 22p and 30p per kWh in 2026. A low unit rate isn't always the cheapest deal: a headline-low unit rate paired with a high standing charge can cost more overall than a slightly higher unit rate with a low standing charge. We compare both parts across suppliers so you see the true annual cost, not just the sticker price.

What is a standing charge on business electricity?

The standing charge is a fixed daily fee you pay regardless of how much electricity you use. In 2026 it typically runs 45–65p per day for small and medium businesses, and higher for large sites with greater capacity. If your usage is low, the standing charge makes up a bigger share of your bill, which is where our 0p standing charge tariffs can save you the most.

Business electricity contract types explained

Fixed-rate: your unit rate is locked for the contract term (typically 1–5 years). Protects you from price rises; you won't benefit if the market falls.

Variable-rate: your rate moves with the market. More flexibility, less certainty.

Deemed / out-of-contract: the default, most expensive rates you're placed on if a contract lapses. Worth switching off as soon as possible.

Green tariffs: electricity matched to renewable generation. We exclusively partner with renewable suppliers, so you can cut emissions while you switch.

Not sure which fits? Talk to our team and we'll recommend the right contract for your usage.

How to compare business electricity suppliers

We compare quotes across the UK's leading business electricity suppliers, including British Gas, EDF, E.ON, Scottish Power, SSE, Total Energies, Opus and Utilita, so you don't have to chase each one. We check the unit rate, the standing charge, the contract length and the exit terms, then show you the option that costs least over the whole contract.

How to switch business electricity supplier

Switching is straightforward and we manage it end to end:

We search fill out our short form and we search our supplier network for your best rate.

We compare we weigh unit rates, standing charges, contract terms and green options.

You save we handle the switch and the paperwork, with no disruption to your supply.

Business electricity FAQs

Are business electricity prices going down in 2026?

Prices have eased from their 2022–2023 peaks but remain volatile, moving with wholesale costs. Fixing your rate now protects you from further rises; comparing regularly keeps you off expensive out-of-contract rates.

Can a business claim VAT back on electricity?

Yes, if you're VAT registered. Business electricity is usually charged at 20% VAT, reclaimable on your VAT return for the portion used for business.

Can I cancel my business electricity contract early?

Sometimes, but early-termination fees may apply depending on your terms. Check your contract, or ask us to review your options.

Is business electricity cheaper than residential in the UK?

Often, yes. Businesses can negotiate bespoke contracts and benefit from bulk usage, though they pay 20% VAT versus 5% for domestic. Unit rates for commercial users are frequently lower.

Who is the cheapest business electricity supplier?

It depends on your usage, location and contract length. There's no single cheapest supplier for every business. British Gas, EDF and E.ON are competitive, but the only way to know your cheapest option is to compare quotes.

Compare Business Electricity Prices & Switch Supplier

Get a free quote in 30 seconds

What are business electricity rates in the UK?

How much does business electricity cost per kWh?

What is a standing charge on business electricity?

Business electricity contract types explained

How to compare business electricity suppliers

How to switch business electricity supplier

Business electricity FAQs

Compare the best business electricity rates