Compare Business Energy Prices Today

British Business Energy is a price comparison site that is free to use for UK businesses. We get paid directly from the business energy supplier. This means we can offer our customers a variety of great deals on their business energy contracts.

British Business Energy has strong commercial partnerships with many of the leading UK business energy suppliers to have access to great deals.

Our advice is to sit tight, take a meter reading and wait until the new supplier we appoint contacts you. This will make sure the process goes as smoothly as possible. Once the process is complete, you will be free to switch to another tariff or supplier.

You will need the following for an accurate business energy quote.

•  A recent business electricity and gas bill 
•  Your MPRN and MPAN numbers (these can be found on your bill)
• The length of your current business energy contract
• Simple contact details 

The EBDS replaces the Energy Bill Relief Scheme. Financial support for businesses has been reduced by offering discounts on wholesale energy prices rather than a fixed cap. 

This will only be offered during periods of high wholesale energy prices. This means businesses can take advantage of fixing their prices at a lower rate before potential future price increases. 

Not every business will be offered the same level of discount, with large consumption industries receiving a more significant discount.

Eligibility is dependent on: 

• New fixed-price energy contracts (allowing businesses to maximise discounts and savings) 
• Those on existing fixed-price energy contracts agreed on or after 1 December 2021 
• Businesses on deemed or out-of-contract variable tariffs 
• Flexible purchase contracts 

This scheme begins in April 2023 and will run until March 2024. 

• Electricity will have a maximum discount of £19.61 per MWh with a price threshold of £302 per MWh. 
• Gas will have a maximum discount of £6.97 per MWh with a price threshold of £107 per MWh. 

Larger companies have more buying power. This means energy suppliers are more likely to offer cheaper unit rates on your gas and electricity. Each energy supplier is different but they're usually open to some negotiation.

Larger businesses using more than 100,000 kWh of electricity per year will be required to install a half-hourly meter. 

Companies with multiple buildings with separate meters can combine business energy bills. A multimeter can help companies manage their gas and electricity suppliers much easier than switching business energy suppliers multiple times. 

This will depend on the arrangements the administrator puts in place to recover any monies still owed to the failed supplier, including those owed by former customers.

Business customers’ credit balances are not protected under the Safety Net. We will try and appoint a supplier to cover all or some of the outstanding credit – but, this isn’t guaranteed.

You should contact your old supplier’s administrator about any credit balances you may have.

To find out who your current business electricity supplier is, you need to check your most recent electricity bill. It should include the name of your supplier and the contract/ tariff you are on. If you are new to the premises, the previous occupants may have contacted the supplier to inform them of their relocation, so you should keep an eye out for a letter addressed to “The Occupier”.

Once you know who is responsible for supplying the electricity in your home or business, it will make it easier to reassess your contract details and update any information with them.

If you are in a rented property that includes bills and utilities as part of a monthly payment, you may not have access to the energy bill, in which case you need to contact the landlord or estate agent to find out. It’s always useful to keep track of where your money goes when dealing with a third party.

You also have the option to contact your distribution network operator to find out who is supplying your business electricity. You can use the Energy Networks Association postcode search tool to find out which area your property belongs to.

Short-term energy contracts are like renting - they are much more flexible but prices can change quickly. Long-term contracts are like buying - stable, but you are committed even if prices drop or rise.

Short-Term Energy Contracts

Pro: Flexible

Con: Price Volatility

Long-Term Energy Contracts

Pro: Stability

Con: Less Flexibility

Choosing the right energy contract length depends on your business energy needs and risk tolerance, like energy consumption and budget.