Compare business gas
As a business, you can compare and switch your business gas supplier and to save your business money and benefit from improved customer service.
Business rates for gas are a significant cost to businesses, so it’s essential to make sure you’re paying the best possible price.
Switching business gas is easy to do, and our guide answers any outstanding questions to help you with your next switch.
How to compare business gas supplier
To compare business gas suppliers is incredibly easy.
To compare, simply;
Provide us with your key details.
Simply give us a few details about your property for us to begin the comparison.
Our experts talk you through the best deals.
Our energy experts will collate the best business electricity deals and talk you through these on screen, answering any questions you may have on the process. Once you’re happy with one of the gas quotes, our expert will take care of the switch for you.
Remember, our experts can do a dual quote for electricity and gas if it is helpful for your business.
We take care of the switch for you.
Our expert will take care of the switch for you, ensuring the process for switching business gas suppliers is easy and seamless.
When comparing business gas prices, you look for the best possible tariff, customer service and supplier for your business—saving you money and improving the experience you get for the service.
How are business gas rates calculated?
Several factors calculate business gas prices. The cost of business gas can fluctuate depending on the following factors:
- Location of your business
- Your current usage of gas
- The size of your business
- The type of meter your business uses
The gas prices have fallen by a vast amount since September 2018, 70%, to be specific. The wholesale price of gas is at an average of 22.29p per therm.
What are the different business gas charges?
Business gas rates are calculated by two charges; these are the unit price and the standing charge.
Unit price: You pay for each kWh (Kilowatt hour) of gas you use, and it varies depending on multiple factors. It also depends on the type of contract you have, fixed-rate or variable rate.
But in general, the unit price is the fixed rate you pay per kilowatt-hour (kWh). Most companies, especially large and multi-site businesses, will opt for a fixed-rate contract, so they know how much they’ll be paying for each kilowatt-hour they use.
It allows them to plan further ahead without the fluctuations in the energy market impacting them.
Standing Charge: The standing charge is the rate your business pays per day for connection to the UK gas pipe network. This charge is fixed, and it doesn’t matter how much gas you use on the same day; the standing charge will always be the same.
Not every business gas tariff will have a standing charge. However, it doesn’t make the tariff cheaper; make sure you research these tariffs. In many of these cases, the fixed charges are then factored into the charge per Kilowatt-hour, so if you’re using a lot of gas, a standing charge tariff is preferable.
But if you’re a business that uses a small amount of gas, then a tariff without a standing charge may be more suitable for you.
Make sure you do your research and look into the past twelve months usage to ensure you’re getting the best deal. Our specialists will also be happy to help you and talk you through each tariff available to you and which one you’d benefit from.
What are the different business gas tariffs?
Firstly, it’s best to decide on the business gas tariff you would like before comparing business gas suppliers. Below is a breakdown of the available gas tariffs for your business.
Fixed Term Tariff: This is the most common gas tariff for businesses. Gas suppliers will offer this tariff over 1-3 years, occasionally fixed for 4.
Business energy bills will vary depending on the amount of gas you use, but the actual unit cost and the standing charge will stay at the agreed fixed price. Having these costs fixed allows your business to plan, knowing how much you will spend per Kilowatt hour.
It offers you protection from fluctuating gas prices, but generally, a one or two-year contract is preferred. You can then fix it at a new price after a year or two, which is advisable, as, since September 2018, the wholesale cost of gas prices has been reduced by 70%, according to Ofgem.
Flexible Approach Tariff: The flexible approach tariff allows you to bulk buy your gas in advance. By purchasing your gas in bulk, you know how much you’ve already paid for it when it comes to using it.
By bulk buying your gas, it can help you benefit when the wholesale prices of gas drop. This approach is only beneficial for larger businesses that can afford a large deposit to secure the current wholesale price.
We’d point out that you need to weigh up the pros and cons of this approach, as there is the risk of being vulnerable to sharp price hikes due to the volatility of the gas industry.
If that is a concern, we recommend going with a fixed term tariff.
Extended Tariff: An extended tariff is a tariff that allows you to extend your current contract with your current business gas supplier. If you’re happy with your existing gas suppliers prices and customer service, then it’s worth considering an extended tariff and potentially be awarded for your loyalty.
However, there will probably be lower business gas rates from other suppliers, so it’s worth comparing to see the value of your current deal; there’s no harm in comparing.
Pass-Through Tariff: The pass-through tariff is a gas tariff that allows you to split your bill between the fixed wholesale charge and the other associated charges (For example, the National Grid and Transmission Network Use of System) that fluctuate over the year.
The variable charges passed onto you as a business could increase over time but are potentially offset by the fixed wholesale price agreed.
However, if you’re looking for a more stable price to base your yearly plans on, a fixed cost contract is the way to go.
Review these different tariffs then decide on the one that suits you before comparing the business gas suppliers.
Why should you switch business gas supplier?
There are plenty of reasons to switch your business gas supplier. The first reason usually is to shop around for a better deal. Others include suffering from poor customer service or simply wish to change your business gas tariff.
Having a secure gas supply for your business is integral to its operation, so that any interruptions can be detrimental to your bottom line. You will want to have excellent customer service to help resolve any ongoing issues smoothly and efficiently.
The energy market fluctuates a lot, and making sure you’re paying the right price is essential. So when you’re coming to the last six months, it’s worth shopping around and comparing the current market rates out there to see if you can get a better deal for your gas prices before your renewal kicks in.
As your business grows, you’ll end up spending more on gas and energy in general, so comparing the price of business gas is essential as you’ll want to change tariffs or gas suppliers to ensure you’re paying a competitive rate for your gas consumption.
What information do I need to switch business gas supplier?
To switch business gas supplier, the only information we need you to provide us is as follows:
- Business Name
- Current business gas supplier
- Current gas usage in kWh or spend
- Contract end date
Enter the postcode of your business into the comparison service at the top of the page. Then, using smart digital data, we will access everything we need to provide you with quotes for your gas usage.
Our experts from our energy provider Bionic will then analyse the business gas market to help find you the best-suited gas tariff.
We can also assist you through the process of business gas renewals too; just ask one of our experts at Bionic.
Which business gas suppliers can I compare?
Below is the list of our trusted business gas suppliers.
- British Gas
- Hudson Energy
- Octopus Energy
- Opus Energy
- Scottish Power
- Haven Power
Who are the cheapest gas suppliers?
There isn’t a specific answer to this. As it depends on multiple factors, these include the location, your current usage, size of your business and the type of meter your company uses.
This is why you need to compare different suppliers, as the cost of gas depends on the region, so one supplier may be cheaper than another in the North of England but more expensive in the South of England.
What are the current business gas prices?
The cost of gas depends on multiple factors. Below is a breakdown of prices for micro, small and medium-sized businesses. For businesses that use over 55,000 kWh annually, you’ll be classed as a large business, and the cost of gas will be priced individually by suppliers. It will vary from these average prices due to several factors.
Use this as a guide:
How can I save money on business gas?
Saving money on your business gas bill is on the mind of most businesses looking to cut down expenses. There are a couple of ways you can save money on your business gas bills, these are:
Insulate your buildings properly
Insulating your offices or factories are a great way to reduce the cost of your gas bill. As a business, a lot of money is spent on gas consumption to power your boilers and heat your property. Adding insulation to your property, whether it’s insulating the walls or the roof of your building, allows you to heat the building without using as much gas, as the building will keep the heat for longer and not allow it to escape.
If the roof or wall insulation isn’t an option, make sure your windows and doors are fitted correctly, and there is no room for heat to escape through gaps or cracks.
If your windows are single glazed, look at replacing them with double-glazed windows. This will help keep the heat from escaping through thin glass.
Insulation is a great (and cheap) way to reduce how much gas is needed to keep your rooms heated. Depending on what type of building your business is a part of, there could be potential to insulate the roof and the walls.
Install a smart meter
By installing a smart meter, it will allow you to monitor your daily gas usage. It will ensure you pay for your actual gas usage rather than being charged an estimated bill. This is generally a great tip for micro and small businesses on a tight budget.
It’s also helpful if you have multiple sites to view any high spikes in usage, catch any potential problems with the premises, and identify and resolve any issues.
Compare business gas suppliers
Comparing business gas suppliers when your contract is coming to an end is a great way to save money on your business gas bill.
Business gas prices may have lowered since you agreed to your original contract. By comparing suppliers, you’ll be able to see the market rate and potentially reduce the kWh rate by simply switching suppliers.
You can compare business gas suppliers easily using our comparison service above.
Use your timer wisely.
Having a timer set is a great way to reduce the cost of your gas bill. You’ll find a lot of the time-specific rooms are heated when they’re not in use or keeping water boiled for the showering facilities overnight – It can be a colossal waste.
By using automatic timers, it solves a lot of these issues. If you only need gas for core business hours, use an automatic timer to switch it off out of hours and back on when needed.
You’ll notice the impact of this pretty soon, and it will make a huge saving on your gas bill.
What’s the average annual business gas usage?
Here are the annual figures for average gas usage:
When can I change business gas supplier?
You can look to switch your current business gas supplier 49 days before the end of your current tariff. Your current supplier should write to you 42-49 days before your gas contract ends.
You can begin comparing business gas rates from that period onwards.
One thing to note, Ofgem states that exit fees shouldn’t apply to you if you switch from one fixed contract to another between two different suppliers.
What is an MPRN?
An MPRN is the unique number for your gas meter and contains 11 numbers. This is used to identify the meter at your business premises – similar to an MPAN number for Electricity and a SPID number for your business water meter.
MPRN is a unique number for your gas meter. It will be up to 11 numbers in length and is used to identify the meter at your business premises.
Where can I find my MPRN?
You can find your MPRN on your business gas bill. It should sit under the “Details of Charges” section.
If you can’t find one of your business gas bills, you can also search it online with your business postcode on Find My Supplier. This will then tell you your MPRN.
How do I find out who my business gas supplier is?
The easiest way to find who your current business gas supplier is – check your latest gas bill. If you don’t have it or you have recently moved into new premises, you can call the Meter Number Helpline on 0870 608 1524, and they’ll be able to assist you.
If it’s the case of moving to new premises, it’s worth checking with the old owners or your current landlord.