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Compare Business Energy

Compare quotes from a range of top Business Energy suppliers for the best price. And get £40 cashback!

Business Energy
Business Energy

Compare Business Energy Prices from top UK Suppliers

1
Get Quotes

Tell us your current energy tariff and usage, as well as you basic business info, so we can begin searching.

2
Compare

Compare quotes and prices from top business energy suppliers like EDF, E-ON, SSE and many more.

3
Get Cashback

Once you've accepted a quote, we can award you up £40 cashback for switching suppliers.

Why compare with Quidco?

Thanks to our comparison feature, we have access to a wide range of suppliers to provide you with a great quote on your business energy. Not only that, but we can give you £40 cashback, too.

Don't take our word for it - our many happy customers agree Quidco is a great way to find your next gas and electric supplier.

EDF
E-ON
NPower
SSE
British Gas

Business Energy Comparison with Quidco

Whilst businesses often consume far more energy than the average household, not all business energy tariffs are created equally, therefore if you aren’t on the right tariff for your company then you’ll most definitely be overpaying.

With Quidco, you can compare different business energy tariffs to find a deal that works for you. On top of that, you could receive cashback on your savings. So why wait? Read our informative guide to business energy comparison and start saving on your company's bills today.

Types of energy tariff

Typically, there are 5 main types of tariff for commercial energy use.

Fixed term

For your electricity, you still pay the same price per unit (kWh). However, this does not guarantee that your bill will be the same each month; your bill will vary depending on how much energy you consume.

Variable-rate

Your unit rates can increase and decrease during the duration of your contract, in line with market activity.

Deemed-rate

Another term for this is an out-of-contract tariff. It works as a rolling contract with high prices negotiated by suppliers for consumers who haven't signed a formal contract.

28-day contract

Businesses that haven't switched since the deregulation of the energy market. The unit rates that you are charged will fluctuate.

Rollover contract

When your contract expires and you haven't arranged a new one, your supplier will place you on a rollover contract. You'll be automatically renewed for another year, and the prices you'll be paying will almost always be among the most expensive offered by the supplier.

Whatever the size of your business, it is important to be on a fixed rate contract as this offers the least amount of risk. Allowing you to calculate your annual usage across the length of the contract with ease. 

Factors that affect the price of your tariff

Size and type of company

Whether you’re an SME, large business or corporate, your energy usage will be different depending on the amount of employees and locations you have.

Type of energy meters

Whether your company uses a standard meter, dial, digital, variable-rate, prepayment, or a smart meter.

Current energy provider

Popular providers of business energy are: British Gas business, EDF Energy, E.ON, npower for Business, Scottish Power, SSE, Contract Natural Gas (CNG), Corona Energy, Dual Energy, Gazprom, Haven Power, Opus Energy, and Orsted Energy.

Average energy consumption

If you’re more energy conscious as a company, then your premiums are likely to cost less. There are various ways you can be more energy efficient, such as installing energy saving light bulbs, not leaving devices on stand-by and keeping lights off when not in use. 

Differences Business tariffs vs domestic tariffs

Commercial energy quotes are calculated by a few variables with the supplier, while domestic consumers can select from a broad variety of fixed plans. Whereas, commercial energy quotes and packages are tailored to the individual needs of the company.

Businesses can choose from the big 6, or shop around with specialist energy suppliers. The ‘Big 6’ are:

  1. Centrica plc (made up of British Gas, Scottish Gas and Nwy Prydain)
  2. E.ON
  3. Scottish and Southern Energy (SSE)
  4. Npower
  5. EDF
  6. Scottish Power

You can’t switch business energy online

Whilst domestic customers can switch their energy online and have everything sorted out in the background, business suppliers operate differently by offering bespoke packages for each company and their individual requirements.

Business energy contracts last longer

As the supplier buys the units of energy in bulk at the beginning of the contract, businesses are required to pay for a fixed length contract, which is usually a lot longer than a domestic contract.

Business gas and electricity are separate

Unlike domestic plans, there’s no such thing as a dual fuel tariff for gas and electricity for commercial use.

Cheaper unit rates

For commercial use, fixed contracts are typically standard. If you want to cancel early then you will incur a fee. 

Why should I compare business energy prices?

Similar to domestic energy suppliers, the best rates for energy are often offered to new customers. If your business is due to finish a contract soon, you will likely be rolled over to a new contract which may cost the same or increase. Therefore it’s important to shop around to find the best deal, saving your business money to spend on more important things.

With Quidco, you can compare different business energy tariffs to find a deal that works for you. On top of that, you could receive cashback on your savings.

Information You Need To Switch

You can find all the information needed to switch business energy on your most recent bill, these include:

●      Your current supplier

●      Tariff name and end date

●      Your supply type

●      How much energy your business uses in kWh or pounds sterling

Business Energy Comparison FAQs

Is the cheapest tariff the best tariff?

Not necessarily, as all businesses have different requirements. It is best to find a quote that falls in line with your company's needs. Although, fixed rate contracts are more financially viable for companies.

How should I choose the right tariff for my business?

It is important to work out the requirements of your business and how much energy you may consume to find the right tariff. Since there is no ‘one size fits all’ option for business energy tariffs, comparing quotes with an online comparison site like Quidco is a great place to start. With Quidco, you can get cashback on your savings, too. 

How are energy bills calculated?

Energy is usually charged at a rate of kWh per hour and a daily charge. Daily charges can start anywhere from 8p up to 38p for prepayment meters. VAT is added to your bill, and rate per unit depends on the type of tariff you’re on and the current energy market.

Your supplier will provide you with a breakdown of these charges before taking out a policy or straight after sign-up. 

Can I get a business energy tariff if I work from home?

You would need to declare the amount of energy you’re using for business, typically, you will need to be using up to 50% of your energy for business purposes rather than domestic.

However, if you work from home and you’re on a domestic energy tariff, you can claim tax back on the amount you use for business. So it is worth looking into should you choose to operate at home more frequently. 

How does your business’ credit rating affect your energy rates?

If your company has a poor credit rating or operates in a high-risk sector, your options for energy suppliers and tariffs can be restricted. Some energy providers will simply refuse to work with businesses who have a bad credit history or score, while others may deny you access to their best deals.

Will my new supplier make me get a smart meter?

When you get an old or broken meter replaced your supplier will most likely install a smart metre for you. By the end of June 2021, gas and electricity providers are required by their licence to carry out smart meter installation to all of their domestic and small business customers.

What is a smart meter and how do they work?

A smart meter, like a conventional meter, monitors the gas or energy use. However, unlike a conventional meter, a smart meter sends its readings to your supplier automatically. You will no longer need to read your gas and electricity metres once your smart meters are installed.

Can I get charity or not-for-profit business energy?

Charities and not-for-profit organisations are liable for a VAT cut of 15%, bringing the rate down to 5%. Furthermore, they are excluded from the Climate Change Levy (CCL), a tax on commercial energy use that reduces bills by an additional 5%.

Useful Information

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