0321 520 1639
0321 520 1639
We offer a carefully curated panel of dependable and trusted business suppliers across the UK.
Begin your business electricity comparison quickly and easily with just your postcode. Our secure smart data ensures accurate details for your quote.
After understanding your business needs, we compare quotes and exclusive deals from our trusted UK suppliers.
An expert will review the quotes with you, answer your questions, and help you choose the best deal. We'll take care of the rest.
support@nexchargesolutions.co.uk
Switching business energy is often more complicated than switching domestic energy, which is why 75% of business owners prefer direct conversations to address their questions. At Enova, our tech-savvy experts are here to guide you, offering personalized support every step of the way to ensure a smooth and stress-free process.
The Nexcharge Digital Renewal service makes renewing your energy contract quick and easy. When it’s time to arrange your next contract, we’ll proactively compare deals for you and send the results straight to your inbox. Simply select the best deal online, and we’ll take care of the rest. With Nexcharge, renewing your energy contract is smooth and stress-free.
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Nexcharge is your all-in-one solution for business essentials, bringing a wide range of services together under one roof. From business energy and insurance to connectivity options like phone lines and broadband, as well as finance solutions like loans, Nexcharge simplifies the way you manage your business needs. Save time, reduce stress, and streamline your operations by keeping everything in one place. With Nexcharge, you have a trusted partner offering reliable and comprehensive support for your business.
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Business electricity prices involve several variables, including standing charges, unit rates, and additional fees. We’ll help you go beyond the headline figures to find the deals that truly save your business money.
Why settle for the first price you’re offered? As the UK’s leading business electricity comparison service, we secure exclusive rates from trusted UK energy suppliers and tailor them to meet your business’s unique needs.
Nexcharge’s dedicated team handles coordination with your old and new suppliers, saving you time and effort. We’ll ensure every detail is correct, making it more likely for your new contract to go live seamlessly.
Customer service involves delivering exceptional support and assistance to customers.
Total operating employees are team members actively engaged in the daily operations of a company.
Discover our innovative solutions to enhance your business operations with advanced contact center services and state-of-the-art technology. From improving customer interactions to optimizing processes, our tailored offerings provide seamless integration and exceptional performance. Let us help you achieve your business goals with efficiency and precision.
Sign up for our free fortnightly newsletter, tailored for business owners, managers, and professionals across the UK. Get valuable insights and tips straight from real business owners like you.
What are the current business electricity rates for January 2025?
When it comes to business electricity, your electricity usage determines the size of your business.
To give you an idea of potential costs, here are the latest business electricity rates per kWh and daily standing charges for January 2025:
| Business Size | Electricity Unit Price (per kWh) | Electricity Daily Standing Charge |
|---|---|---|
| Micro Business | 25.5p | 37.5p |
| Small Business | 25.6p | 49.2p |
| Medium Business | 25.9p | 49.6p |
| Large Business | 24.3p | 41.5p |
Note: Prices are accurate as of January 2025. Rates and bill amounts may vary based on your meter type and business location. The prices quoted may differ from the averages listed above. These figures represent average unit rates and standing charges for contracts sold by Bionic between January 2 and January 9, 2025.
For large businesses, Bionic also offers:
Let Bionic simplify your business energy management with tailored solutions!
What should my business electricity bills be in January 2025?
The cost of an average business electricity bill depends on factors such as rates, contract type, supplier, and electricity usage. Below is an estimate of annual costs based on the latest rates:
| Business Size | Annual Usage (kWh) | Cost Per Year |
|---|---|---|
| Micro Business | 5,000 to 15,000 kWh | £2,687 (based on 10,000 kWh) |
| Small Business | 15,000 to 25,000 kWh | £5,940 (based on 22,500 kWh) |
| Medium Business | 25,000 to 55,000 kWh | £12,484 (based on 47,500 kWh) |
| Large Business | More than 55,000 kWh | £13,516 (based on 65,000 kWh) |
These figures provide a general guide and may vary depending on your specific usage, contract terms, and supplier.
Current business energy rates by supplier
Here’s a breakdown of the latest business energy rates by supplier:
| Supplier | Gas Unit Rate (kWh) | Gas Standing Charge (daily) | Electricity Unit Rate (kWh) | Electricity Standing Charge (daily) |
|---|---|---|---|---|
| British Gas | 7.3p | 64.3p | 26.0p | 49.9p |
| BG Lite | 7.8p | 64.3p | 26.2p | 56.0p |
| EDF Energy | 7.4p | 43.1p | 25.5p | 57.2p |
| EON Next | 8.0p | 30.0p | 27.2p | 37.5p |
| ScottishPower | 6.9p | 35.1p | 23.4p | 87.6p |
| Smartest Energy | 5.7p | 144.3p | 24.1p | 59.4p |
| Valda Energy | 7.1p | 40.0p | 25.1p | 46.1p |
These rates reflect the latest offers from various suppliers and may vary based on contract terms and business location.
What is the typical electricity usage for UK businesses?
Here’s an overview of average electricity consumption by business size to help you gauge how much your business should be using:
| Business Size | Low-End Usage (kWh) | High-End Usage (kWh) |
|---|---|---|
| Micro Business | 5,000 | 15,000 |
| Small Business | 15,000 | 25,000 |
| Medium Business | 25,000 | 50,000 |
| Large Business | More than 55,000 kWh |
If your business consumes over 100,000 kWh of electricity annually, suppliers typically classify you as a large business and may handle your supply differently.
What factors contribute to a business electricity bill?
Several factors contribute to a business electricity bill, including:
Unit Rate: The cost per kilowatt-hour (kWh) of electricity consumed. This depends on your supplier and contract terms.
Standing Charge: A fixed daily fee for maintaining your connection to the electricity grid, regardless of usage.
Usage Level: The total amount of electricity consumed by your business during the billing period.
Contract Type: Whether your plan is fixed-rate, variable-rate, or bespoke, which affects pricing and stability.
VAT: Businesses typically pay 20% VAT on electricity, though some may qualify for a reduced rate.
Non-Commodity Charges: These include government levies, such as the Climate Change Levy (CCL), and costs for network maintenance and distribution.
Renewable Energy Fees: Additional costs may apply if you opt for green or sustainable electricity plans.
Understanding these factors can help you manage and optimize your electricity expenses.
What are the differences between business electricity and domestic electricity?
Here are the key differences between business electricity and domestic electricity deals:
No Dual Fuel Deals: Unlike domestic energy, business energy contracts don’t automatically offer dual fuel options. However, some suppliers may allow you to use the same provider for both business electricity and gas.
Longer Contracts: Business energy contracts typically range from 1 to 4 years, compared to the one-year fixed contracts commonly offered to households.
No Cooling Off Period: Business electricity contracts don’t come with a cooling-off period. This makes it essential to consult an advisor and ensure you choose the right deal before signing, as these contracts are legally binding.
No Price Cap: Commercial electricity rates are not subject to the price caps that apply to domestic energy rates, which can lead to greater variability in pricing.
Who is my business electricity supplier?
If you’re on a long-term fixed electricity contract, you may not need to think about your supplier until it’s time for renewal. However, if you’re unsure who your business electricity supplier is and can’t find the information on your latest bill, you’ll need to contact your regional electricity distributor. Use the table below to find the phone number for your region’s distributor:
| Region | Phone Number |
|---|---|
| North Scotland | 0345 0262554 |
| South & Central Scotland | 0300 1010300 |
| North East England & Yorkshire | 0800 01113332 |
| North West England | 0800 1954141 |
| North Wales, North Shropshire, Cheshire & Merseyside | 0330 1010300 |
| South Wales & South West England | 0800 0963080 |
| East & West Midlands | 0800 0963080 |
| Central Southern England | 0345 0262554 |
| Eastern England, South East England & London | 0800 0294285 |
If you’ve switched with Bionic, give us a call, and we can help you identify your current supplier, compare quotes, and assist with switching or renewing your contract when needed.
We only compare business electricity rates from a trusted panel of suppliers, ensuring high-quality service and competitive pricing.
| Supplier | Contract Type | Term Duration |
|---|---|---|
| British Gas | Fixed | 1-3 years |
| BG Lite | Fixed | 1-5 years |
| British Gas Plus | Fixed | 1-3 years |
| Crown Gas & Power | Fixed | 1-3 years |
| EDF Energy | Fixed | 1-4 years |
| Opus Energy | Fixed | 1-3 years |
| ScottishPower | Fixed | 1-3 years |
| Smartest Energy | Fixed | 1-3 years |
| SSE | Fixed | 1-3 years |
| TotalEnergies | Fixed | 1-5 years |
| Valda Energy | Fixed | 1-3 years |
| Yü Energy | Fixed | 1-3 years |
With Bionic, you can rest assured knowing you’re getting a great deal tailored to your business needs.
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No, switching will not interrupt your electricity supply. Your current and new suppliers will coordinate the transfer date to ensure seamless service, so your power remains uninterrupted. Since the electricity is delivered through the existing infrastructure, there’s no need for any digging or drilling at your premises.
At Nexcharge, we leverage smart data to simplify business electricity comparisons. All we need to get started are your business name and postcode to compare electricity rates.
To complete the switch, you’ll also need to provide your MPAN (Meter Point Administration Number) or MPRN.
Your MPAN can be found on your electricity bill. It’s often called the "Supply Number" or "S Number" and is a 21-digit number starting with the letter 'S.' While it identifies the supply meter at your property, it won’t be displayed on the meter itself.
If you have a standard electricity meter, it’s unlikely you’ll need to replace it when switching suppliers. However, if you have a smart meter, a replacement may be necessary if your current meter isn’t compatible with your new supplier. For more details, reach out to your supplier.
The Smart Export Guarantee (SEG) is a UK Government program that enables you to sell excess renewable energy you generate back to the National Grid. Introduced on January 1, 2020, the SEG replaced the Feed-in Tariff (FIT), which closed to new applications on April 1, 2019.
Find out more about how you can earn by selling renewable energy to the grid.
If your business applied to the Feed-in Tariff (FiT) scheme before April 1, 2019, it should be enrolled in the program. This allows you to earn money by selling any excess electricity generated by your solar panels back to the National Grid.
Your earnings depend on the number of solar panels installed, and your energy supplier must be a registered FiT licensee.
Switching to a business electricity supplier that uses renewable energy can benefit both your energy costs and your company’s reputation. Demonstrating your commitment to sustainability can leave a positive impression on your customers.
Green electricity, sourced from sunlight, wind, rain, plants, and geothermal heat, is widely available across most of the UK. Contact our tech-enabled team to compare quotes from green energy suppliers and find the best deal for your business.
Business electricity rates change frequently, so the best way to secure a competitive deal is by comparing prices and switching suppliers. To lock in favorable rates and avoid potential price hikes, consider arranging a new contract as soon as your switching window opens.
Authenticity, clarity, and trust are at the heart of every client connection we forge.
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