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Switch to the Best Business Electricity Supplier UK

Compare hundreds of electricity suppliers and deals in minutes.

There is one thing that startups, SMEs, and successful million-pound businesses have in common: they want to save as much money as possible.

However, with the tariff you’re on now, chances are you’re paying too much for your electricity.

At Watt Utilities, we help businesses save as much as 45% per year by switching them to an energy provider that is better suited for their business’s needs.

 

Switch Business Electricity Suppliers Today

Switching Your Business Electricity Supplier?

Switch to a new business electricity supplier in 21 days with our 100% hassle-free process. With Watt Utilities, all you need to do is fill out a form, choose a supplier, and start the switch.

I want to switch energy

The only thing you need to do is to pop your details into a form. Using information like your postcode, address, and energy usage, we’ll provide you with a list of better deals to choose from.

 

We’ll Help You Save

With Watt, you can save money and time. Using our unique algorithm, we will search for the best deals from the top suppliers in the U.K. Our experts will compare prices so that you don’t have to.

 

100% Hassle-Free

Once you’ve chosen your new supplier, we will take care of everything. We guarantee a straightforward, simple, and stress-free process. You don’t have to do a thing!

 

Why Switch With Watt Utilities?

 

Let’s face it -- no one has the time to compare hundreds of electricity providers. That’s why we’ve developed the most convenient comparison tool that allows you to compare a wide range of energy tariffs without having to spend too much time.

When you compare prices with us, you can save hundreds of pounds each year. That means you’ll have more money to spend on expanding your business.

Through our long-standing relationships with some of the best energy suppliers in the U.K., you can gain access to exclusive deals. Our energy experts will help you find the cheapest deals on the market and make sure that they meet your business’s needs.

We can facilitate the switch for you. All you have to do is to provide us with your information, and we’ll do the rest.

If you’d prefer to speak with a member of our team, feel free to call us at 0161 8338661. We would love to answer any concerns you might have.

 

Compare Business Electricity Deals

At Watt Utilities, we help customers find the best electricity supplier for their business. When you compare electricity prices with us, you’ll gain access to hundreds of exclusive deals from our selection of trusted energy suppliers.

Our specialists will find the most suitable electricity supplier that meets your business’s requirements. If cost is your concern, we’ve got you covered. Our goal is to help you reduce your electricity bills, saving your business as much money as possible.

Compare Business Electricity Prices

How Switching Business Electricity Suppliers Works

 

Compare the best business electricity suppliers in just four simple steps!

Step One. Pop Your Information Into The Form

Before we can start searching for the best electricity tariff, we’ll need some information about your business, including:

  • Business name
  • Business phone number
  • Business address
  • Industry type
  • Current electricity supplier
  • Contract end date

Step Two. Wait for Our Specialists to Compare Electricity Deals

Our cutting-edge online comparison tool sifts through hundreds of electricity deals from the U.K.’s top-rated energy providers. After comparing each tariff with your current contract, we’ll prepare a list of the best business electricity suppliers for you to choose from.

 

Step Three. Choose the Deal That Best Suits Your Business

Don’t worry -- we’ll make sure you understand each tariff. Should you have questions or concerns about a certain energy deal, our experts will provide you with additional information to help you make an informed decision. We can even help negotiate better deals on your behalf!

 

Step Four. Start the Switching Process

Once you’ve made your choice, our team will get in touch with your old energy supplier to let them know that you’re switching. All you need to do is to sit back, relax, and wait for your new electricity deal to take effect!

 

Switching Business Electricity Suppliers is Easy

Switching business electricity providers has never been this easy. Once you choose a tariff, the Watt team will facilitate the switch and complete it within three weeks. We’ll take care of everything for you.

Switch Business Electricity Suppliers Today

Best Business Electricity Suppliers in the UK

Comparing business electricity suppliers can be a daunting task. With hundreds of suppliers to choose from, where do you begin?

At Watt Utilities, you won’t just get to save money -- you will also get to save time. To help speed things up, we’ve put together a list of the best business energy suppliers in the U.K.:

The Big Six Suppliers

The “Big Six” are the U.K.’s largest energy suppliers. Together, they are responsible for supplying electricity to 79% of households in Great Britain. The team at Watt have compiled the pros and cons of each energy supplier, taken from authentic customer reviews online.

#1 British Gas

British Gas is the U.K.’s original gas supplier. A subsidiary of Centrica PLC, it supplies electricity to more than 15 million homes and 350,000 businesses within the U.K. Being the largest energy provider in the U.K., British Gas boasts a wealth of experience.

Pros of British Gas:

  • Competitively priced tariffs
  • Complimentary meter installation
  • Accurate billing
  • Availability of renewable energy tariffs
  • Suitable for multi-site businesses

Cons of British Gas:

  • Low Trustpilot rating (3.2/5 stars)
  • Poor customer service and communication
  • Minimum contract of 12 months

#2 EDF Energy

EDF Energy supplies energy to more than 5.7 million customers in the U.K., 200,000 of which are SMEs and large businesses. The company is based in France and has been in the industry since 2002. EDF Energy is currently Great Britain’s largest generator of zero-carbon energy.

Pros of EDF Energy:

  • Quick response time to customer complaints and queries
  • Availability of live chat services
  • Largest supplier of low-carbon energy in the U.K.
  • Easiest supplier to switch to, according to the 2020 Uswitch Energy Awards

Cons of EDF Energy:

  • Expensive out-of-contract tariffs
  • Receives a high number of complaints

#3 E.ON Energy

Based in Germany. E.ON Energy supplies electricity to over 33 million customers across 30 countries. It currently serves around 3.8 million customers in the U.K. Formerly known as Powergen, E.ON Energy is best known for its contributions to renewable energy.

Pros of E.ON Energy:

  • Accurate billings
  • Wide range of tariffs available (e.g. dual-fuel tariffs, online-only tariffs, etc.)
  • Offers 100% renewable energy for small businesses
  • Offers smart meters and half-hourly meters

Cons of E.ON Energy:

  • Only small businesses are eligible for 100% renewable energy
  • Not as competitively priced as the others
  • Slow response time to customer complaints

#4 Npower

Formerly known as RWE Npower, this energy supplier serves over 6.5 million customers in the U.K. In 2019, Npower was acquired by E.ON, although both entities remain separate.

Pros of Npower:

  • Accurate billing

Cons of Npower:

  • Poor value for money
  • Poor customer service and complaint handling

#5 Scottish Power

Scottish Power was initially a nationalised company but was bought by Iberdrola in 2006. The company invests in renewable energy, with numerous wind farms in Ireland, Wales, Scotland, and England. Scottish Power currently serves 5.3 million customers within the U.K.

Pros of Scottish Power:

  • Responsive live chat representative
  • Offers a variety of tariffs with charitable efforts (e.g. option to donate to Cancer Research U.K.)

Cons of Scottish Power:

  • Inaccurate and overcharged billings
  • Long waiting time for telephone calls
  • High prices compared to other energy suppliers

#6 SSE

Scottish and Southern Energy (SSE) was established in 1990. Based in Scotland, SSE serves around 9.1 million customers, making it the second-largest energy supplier in the U.K. In 2020, OVO Energy acquired SSE’s domestic energy services.

Pros of SSE:

  • Excellent customer service and complaint handling
  • Quick response time on digital channels
  • Accurate smart meters
  • Accurate billing

Cons of SSE:

  • Receives a high number of complaints
  • Poor value for money

Have Questions About the Big Six?

If you want to learn more about the Big Six, the specialists at Watt Utilities would be delighted to provide you with the information you need. We also recommend taking a look at online customer reviews of the suppliers mentioned above.

Get in Touch Today

Other Business Electricity Suppliers in the U.K.

The Big Six may be the biggest energy suppliers in the U.K., but that doesn’t mean they’re the only ones you should choose from. There is a growing number of less well-known energy providers in the country -- you may even find that these smaller suppliers offer better electricity rates and customer service!

  • Bulb
  • Utility Warehouse
  • Opus
  • Love Energy Savings
  • Avro Energy
  • Better Energy
  • Boost
  • Brighter World Energy
  • Shell Energy
  • Tonik
  • ...and hundreds more!

Comparing electricity suppliers one by one is an incredibly time-consuming task -- it’s nearly impossible to do! That’s why we’ve created an online tool that shows only the deals that are better than your current energy contract.

Compare Business Electricity Prices Today

What You Should Look For in an Electricity Supplier

Remember -- there’s no such thing as a perfect energy supplier. Factors such as the location, energy usage, and size of your business can influence whether a certain supplier will be the ideal choice. That’s why it is crucial to compare business electricity providers before switching suppliers.

#1 Reputation and Years in the Industry

Energy providers that have been in the industry for years know what they’re doing. When searching for the best business electricity supplier, it’s important to gauge whether they have the expertise. Additionally, consider the company’s reputation. Are they responsive? Do they take complaints seriously? One way to determine this is by reading customer reviews.

#2 Rates

Energy suppliers typically offer a fixed-rate energy plan and a variable rate plan. Under a fixed-rate energy plan, your rate remains unchanged throughout your contract. On the other hand, under a variable-rate plan, your rate changes according to the current market price. This means that when prices go up, so does your rate.

#3 Length of Contract

Another factor to consider is the length of the contract. Whether you choose a six-month or a thirty-six-month contract is entirely up to you, but keep in mind that short-term plans are often more expensive than long-term ones.

Five Common FAQs About Business Electricity

 

#1 How much do U.K. businesses spend on energy each year?

On average, medium-sized businesses use 35,000-kilowatt-hours of electricity each year. On the other hand, large businesses consume around 90,000-kilowatt-hours of electricity. Small or micro-businesses tend to use anywhere between 15,000 and 25,000-kilowatt-hours of electricity per year.

#2 Is business electricity more expensive than domestic electricity?

It depends. Since business customers will use more electricity than non-domestic customers, energy providers tend to charge lower rates for business electricity. However, businesses will have to pay a higher value-added tax (VAT) of around 20% -- that’s 15% higher than the 5% VAT charged for domestic users.

Additionally, domestic customers are subject to price caps, which means that they never have to pay above a predetermined amount. There are no price caps in place for business customers, hence, they may be more expensive.

#3 Do you need a business electricity contract if your home is being used for business?

The answer is no, provided that not more than 40% of the electricity is used for business. This means that if you go beyond the de minimis threshold of 33-kilowatt-hours per day or 1,000-kilowatt-hours per month, you may have to sign a business electricity contract. If you’re unsure about your usage, it’s best to consult the experts at Watt Utilities. Our team will be able to help determine the best course of action for your situation.

#4 What is the VAT for business electricity?

Businesses pay 20% VAT for their electricity use. However, this does not apply to the following:

  • Home-based businesses where 60% of their electricity use is for domestic purposes
  • Charitable organizations funded by donations and/or grants
  • Businesses that do not exceed the de minimis amount of 33 kWh per day

In such cases, businesses will have to pay only 5% VAT.

#5 How much do small businesses pay for electricity?

To calculate how much a small business would have to pay for electricity each year, simply use the following equation:

Energy use * price per kWh + daily standing charge * 365

For instance, a small business using 10,000 kWh per year, at a standard £0.14/kWh, with a daily standing charge of £0.50 p would have to pay £1582.5 annually.

FAQs About Switching to the Best Business Electricity Supplier

 

#1 What information does Watt Utilities need to switch me to a new business electricity supplier?

We will need information about your business and your current energy contract, such as:

  • Details about your business (e.g. name, location, industry, etc.)
  • Average electricity usage of your business in kWh
  • Your current energy supplier’s name
  • Your current tariff’s end date
  • Your MPAN number

Most of this information can be found in your electricity bill.

#2 Will my business electricity supply be interrupted during the switch?

Not at all. At Watt Utilities, we will facilitate the switch from start to finish. Once we’ve notified your old supplier that you’ll be switching suppliers, your new supplier will take over. You will experience zero disruptions throughout the entire process.

#3 How long does it take to switch business electricity suppliers?

Suppliers that have signed up to the Energy Switch Guarantee have twenty-one days or three weeks to complete the switch. However, some suppliers may wait until the end of the fourteen-day “cooling off” period to initiate the switching process. The process may take longer if your new supplier does not have the details they need.

#4 Can I switch electricity suppliers if my business is moving?

If you’re planning on moving your business, whether to a co-working space or an entire office building, you need to find out who supplies the electricity to the property you’re transferring to. Then, you should change the account name to your business name.

Don’t forget to take the meter reading at your old premises before you move, as you will still have to pay your outstanding bills.

#5 What is green business electricity?

Green electricity is eco-friendly electricity. It refers to renewable sources of energy such as solar, wind, hydro, biogas, and more. Green energy does not produce harmful greenhouse gas emissions, unlike ‘traditional’ sources of energy such as coal and oil. If you’re thinking of going green, there are plenty of tariffs that may be available to you. Ask the experts at Watt Utilities to learn more.

Find Better Deals For Your Business

Ready to save more and spend less? Let’s start by comparing business electricity prices.

Click Here to Compare Business Electricity Prices

 

Need more information? Call 0161 8338661 today.