Understanding your business electricity options shouldn’t be a headache. With countless suppliers, tariffs and contract terms, it can feel overwhelming.
At Green Light Consultancy Group, we simplify the process for UK businesses by helping you quickly compare rates, cut costs and switch to greener energy options. We even offer 0p standing charge tariffs.
Whether you're looking to save money or reduce your environmental impact, we’re here to guide you through every step. Get in touch today to start comparing the best business electricity tariffs.
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Independent, expert advice
Business electricity prices are subject to fluctuations based on a variety of factors, including wholesale energy prices, government policies, and market conditions. In recent years, energy prices have been volatile, with some periods of decline followed by increases. While it's difficult to predict if business electricity prices will continue to decrease, suppliers often offer more competitive pricing for long-term contracts or businesses that commit to greener energy options. Staying proactive and comparing rates regularly can help your business stay ahead of any price changes.
Yes, in some scenarios businesses can cancel their electricity contract early, but there may be penalties for doing so. Early termination fees can vary depending on your contract terms, and these fees are often based on the length of time remaining in your agreement. Before deciding to cancel your contract early, it’s essential to check the terms and conditions with your supplier. If you’re unsure, we can help you understand your options and find the best path forward without incurring unnecessary costs.
Yes, businesses can claim VAT back on electricity bills if they are VAT registered. The VAT rate on business electricity is typically 20%, and businesses can reclaim this as part of their VAT returns. However, this only applies to energy used for business purposes – if any electricity is used for personal purposes, that portion cannot be reclaimed. It's advisable to keep detailed records of energy usage and consult with an accountant to ensure you claim VAT correctly.
At present, business electricity is often cheaper than residential electricity in the UK. This is due to the ability of businesses to negotiate bespoke contracts, benefit from bulk usage discounts and commit to longer-term deals. While business contracts are structured differently and rates can vary depending on usage and supplier, the flexibility and scale available to commercial users often result in lower unit rates. Residential electricity, by contrast, tends to follow more standardised pricing structures with limited room for negotiation.
As of 2025, business electricity rates in the UK typically range between 15p and 30p per kWh, depending on factors like your location, energy usage, and the supplier you choose. Rates can also fluctuate due to market conditions, including wholesale energy prices. To get the most accurate and up-to-date rates for your business, it’s recommended to use an energy comparison service. We can help you find current rates and ensure you're not overpaying for your electricity.
The cheapest business electricity supplier depends on various factors, including your business location, energy usage, and contract length. To find the most affordable option, it’s crucial to compare suppliers based on your specific needs. Some of the leading suppliers known for offering competitive rates include British Gas, EDF, and Eon Next. We help you compare a wide range of suppliers, so you can be sure you’re getting the best deal available for your business.