Compare business electricity prices and 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:

27–30p

Small business

Per kWh, before the standing charge.

26p

Medium business

Per kWh, before the standing charge.

22–26p

Large business

Per kWh, often lower on negotiated contracts.

Rates move with wholesale energy prices, so the figure you’re quoted today may differ next month. To get a rate for your business, compare quotes with us.

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

01

Fixed-rate

Your unit rate is locked for the contract term, typically one to five years. Protects you from price rises; you won’t benefit if the market falls.

02

Variable-rate

Your rate moves with the market. More flexibility, less certainty.

03

Deemed / out-of-contract

The default, most expensive rates you’re placed on if a contract lapses. Worth switching off as soon as possible.

04

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.

1

We search

Fill out our short form and we search our supplier network for your best rate.
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2

We compare

We weigh unit rates, standing charges, contract terms and green options.
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3

You save

We handle the switch and the paperwork, with no disruption to your supply.
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Business electricity FAQs

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.

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.

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

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.

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 the best business electricity rates

Switch to greener electricity and lower your costs. We’ll find the best business electricity tariff for your business and handle the switch.