Compare Business Electricity Rates & Suppliers | VoltView Business Electricity Prices

Why Compare Business Electricity Prices?

Comparing business electricity prices can help your company save significantly on energy bills. With VoltView, you can compare live prices here from trusted UK suppliers in just 30 seconds. All you need is your business address to get started. Once you find a tariff that suits you, you can switch entirely online. Our goal is to have you set up with your new supplier within five working days.

How VoltView Makes Managing Energy Easy for Small Businesses

VoltView simplifies energy management for small businesses. Instead of spending time searching for the best deals, VoltView lets you quickly compare hundreds of tariffs to find the cheapest options. Our platform analyses your energy usage to provide personalised recommendations, helping you save even more. To start saving on your energy bills, sign up here.

What Makes VoltView Different from Other Energy Price Comparison Websites?

We are more than just a price comparison website. We offer a comprehensive energy platform that helps businesses across the UK cut their energy bills and handle supplier issues.

Understanding Business Electricity Rates

Business electricity rates can vary widely based on several factors, including your location and overall business electricity usage. This means the business electricity price per kilowatt-hour (kWh) available to you can change daily. By using VoltView’s comparison engine, you can easily access the latest electricity prices for businesses, ensuring you find the best business electricity deals to optimise your energy costs. This is particularly important as commercial electricity prices continue to fluctuate in today’s volatile energy market.

Business Electricity Prices Per kWh 2024

To help you understand potential costs, here’s an estimated breakdown of average business electricity prices per kWh based on annual usage:

Business Size	Annual Usage	Unit Price per kWh	Monthly Standing Charge	Estimated Annual Cost	Compare Prices
Micro Business	Up to 5,000 kWh	24.3p	£28.08	£944.46 (2,500 kWh)	Compare live prices
Small Business	5,000-15,000 kWh	24.3p	£23.75	£2,715.00 (10,000 kWh)	Compare live prices
Medium Business	15,000-25,000 kWh	24.4p	£23.58	£5,162.96 (20,000 kWh)	Compare live prices
Large Business	25,000-50,000 kWh	25.1p	£25.91	£9,723.42 (37,500 kWh)	Compare live prices
Very Large Businesses	50,000+ kWh	22.6p	£29.34	£17,302.08 (75,000 kWh)	Compare live prices

Data is accurate as of October 1, 2024. These rates can vary widely based on several factors and may be out of date. Compare business electricity rates to get up-to-date pricing.

What Are Out-of-Contract Rates, and Why Are They More Expensive?

Out-of-contract rates apply when a business hasn’t renewed its energy contract or is waiting for a new one to start. These rates are publicly available on suppliers' websites and are often much higher than standard contract rates—sometimes twice as high or more. Businesses on these rates pay significantly more for their energy.

Why Choose VoltView for Your Business Electricity?

VoltView is designed to help you manage your energy costs effectively:

Compare Live Prices: View and compare hundreds of tariffs from various suppliers all in one place, making it easy to find the best deal.
Get Tailored Recommendations: We use your energy data to provide personalised advice to optimise your energy use and reduce costs.
Simple Dashboard: Our user-friendly dashboard shows your energy consumption and provides actionable insights to help you save money.

What Is Market-Wide Half-Hourly Settlement (MHHS), and How Does It Benefit Small Businesses?

Market-Wide Half-Hourly Settlement (MHHS) uses smart meters to record energy consumption in 30-minute intervals, making energy billing more accurate. While currently benefiting larger commercial consumers, MHHS will soon be mandated across the industry, offering small businesses new opportunities to optimise energy use and costs. By storing energy during off-peak hours and using it during peak times, businesses can lower their bills and reduce emissions.

What is Load Factor and Why Monitor It?

Load factor measures how consistently a business uses electricity. A high load factor means steady energy use, which can lead to lower rates because it helps utilities predict demand. A low load factor indicates irregular use, leading to higher costs due to unpredictable demand. Monitoring load factor helps identify inefficiencies and optimise energy use. With VoltView, you can easily track your load factor and get insights to reduce energy costs. Signup here.

Why Isn’t There a Standard Rate for Business Electricity?

Business electricity rates vary because they depend on location, usage patterns, and market conditions. Businesses have unique energy needs and consume electricity at different times, affecting pricing. VoltView provides tailored rate comparisons based on your specific energy use to help you find the best deal.

How Does VoltView Get Better Rates for Businesses?

VoltView combines the energy needs of multiple businesses to negotiate better rates with suppliers, securing bulk discounts that individual companies wouldn’t get. This collective approach ensures smaller businesses benefit from competitive rates. Join VoltView’s purchasing group to access these savings. Signup here.

Start Saving Today

Managing your business energy doesn’t have to be difficult. With VoltView, you can compare live prices here and get personalised insights to save on your bills. To start optimising your energy use and cutting costs, sign up here.

Business Electricity October 2024