Business Gas Comparison
Compare September 2024 Gas Prices and Save up to 45% Today
Just enter your business postcode…
Compare September 2024 Gas Prices and Save up to 45% Today
Just enter your business postcode…
Start saving now
Compare the latest business gas prices with AquaSwitch. The table below shows indicative averages on a one-year fixed contract on business gas rates for September 2024.
Important note: The information below is based upon the latest published wholesale gas data but does not represent live gas prices.
Size | Annual Consumption kWh | 1 Year fixed gas rate p/kWh |
---|---|---|
Small | 10,000 to 50,000 | 6.6 |
Medium | 50,000 to 100,000 | 6.1 |
Large | 100,000 + | 5.9 |
Source: The above data has been compiled using the following:
Here are the top three reasons to compare business gas prices for your company today.
Renewal quotes from commercial gas suppliers are typically uncompetitive.
Comparing business gas suppliers helps you find the best rates in the market.
Collecting quotes from business gas suppliers yourself is time-consuming.
Let our business gas experts do the legwork for you.
Our business gas comparison service is free.
You are under no obligation to use the business gas quotes collected from our panel of suppliers.
Our business gas comparison service helps businesses find the cheapest gas quotes from our panel of trusted suppliers.
Business gas suppliers consider several factors when quoting their prices. Here, we’ve summarised the key factors:
Business gas suppliers purchase natural gas from producers and importers in the wholesale market. The most important determinant of gas quotes is the prices that suppliers can secure when purchasing gas to supply your business.
Typical business gas quotes are fixed between one and three years. Suppliers usually offer a discount for longer contracts to reward loyalty; however, this also depends on the market’s expectations for future gas market conditions.
When preparing gas quotes, suppliers need to know how much gas your company expects to consume. Larger companies that use a lot of gas will receive bespoke quotes from suppliers, typically benefiting from lower prices.
The British gas network is composed of eight separate regional networks. The distribution costs associated with transporting gas in each region vary, meaning your business gas quotes will depend on your address.
Gas suppliers incorporate a profit margin into their business gas quotes. When a supplier is seeking to grow their business, they may offer more competitive quotes with a lower profit margin to attract new customers.
Some business gas suppliers offer green commitments, such as sourcing a percentage of your gas from biogas or investing in carbon-negative projects on your behalf. Green commitments typically raise the price of business gas quotes.
A business gas tariff is an energy contract that determines how your business gas rates are calculated. Commercial gas tariffs vary widely, and business gas suppliers use a range of terms to describe them.
Here’s a brief summary of tariff options when comparing business gas suppliers:
Here’s a link to our complete guide to business energy tariffs for more information on choosing your next tariff type.
At AquaSwitch, we help SMEs compare business gas quoted by suppliers across the market.
Once we’ve found your business a great deal, our business utility experts will arrange for your business to enter into a fixed-term contract for supplying gas to your commercial property.
Business gas tariffs are legally binding, so it’s essential to understand all the contract terms. Here’s our guide to the different items in a business gas tariff:
When comparing business gas quotes, knowing which offers cheap business gas rates is crucial. When using our business gas comparison service, each supplier will provide bespoke quotes for your business based on the following:
Using this information, each supplier will quote a fixed rate per kWh and a daily standing charge for your business.
To make it as easy as possible, our smart business gas comparison tool will automatically use your postcode to look up your business’s name and full address.
Once you have our quotes, our trusted business energy broker partner will assist you with any questions about your quotes or the process of switching to a cheaper business gas deal.
Using our business gas comparison service, you’ll receive various business gas quotes from our panel of trusted suppliers. Here are the key factors to consider when choosing the best quote for your company:
The length of the contract you sign with a supplier can significantly impact the price you pay for your gas. Longer contracts typically offer lower prices but lock you into a specific supplier for longer. Consider your business needs and choose a contract length that suits you.
Reputation is essential when choosing a business gas supplier for your company. Since you’ll be locked in with a supplier for the length of your business gas tariff, look for a reputable, reliable supplier with a proven track record of delivering gas to businesses.
Good customer service is essential when dealing with any supplier. Look for one that offers excellent customer service and support, as this will help to ensure that any issues or problems are resolved quickly and efficiently.
When comparing gas prices, consider each supplier’s business gas tariffs, including the unit rate and standing charge. Some have a lower unit rate and a higher standing charge, with others having a higher unit rate and a lower standing charge. Check the estimated annual cost quoted to find the cheapest option for your business.
Different suppliers offer different payment terms. Some may require upfront payment, while others may offer monthly billing. Choose payment terms that suit your business’s operations and cash flow requirements.
Consider a green gas supplier if your business is committed to reducing its carbon footprint. Many suppliers now offer green options, such as biogas, that can help to reduce your business’s environmental impact.
Business gas supplier – A company with a licence to provide gas services to non-domestic premises.
Non-domestic premises – A property where the supply of gas is not used wholly or mainly for a domestic purpose.
MPRN – Meter Point Reference Number, a unique identifier used in the gas industry to identify a property’s gas supply.
Smart gas meter – A device that measures the amount of gas being used by a property and periodically transmits this data to a business gas supplier.
Business gas prices – The charges levied by a business gas supplier formed of an amount paid per unit kWh of gas consumed plus a daily standing charge.
Wholesale gas rates – The underlying market price of gas paid by business gas suppliers when purchasing on behalf of customers.
kWh – Kilowatt-hour, a measure of how much gas is used by property as measured by a gas meter.
The unit cost of gas – The amount that a business will pay per kWh of gas consumed.
Standing charge – A fixed charge per day that a business will pay for having a gas supply connected to a property.
Default gas contract – A deemed contract that occurs when gas is supplied to a property, but no fixed term contract has been agreed with a gas supplier, or a fixed contract has elapsed.
Out of contract gas rates – The gas rates businesses pay when in a default gas contract.
The business gas comparison was written and reviewed by our business gas experts Tom Melhuish and Ben Brading. Click here for more on our editorial process.
Here, we answer popular questions surrounding business gas, from locating your MPRN number to what reasonable business gas rates look like.
Yes, larger businesses that consume more gas generally get access to cheaper business gas rates. Here’s a guide to the amount of gas different size businesses typically consume:
Business Size | Average Annual Gas Consumption (kWh) |
---|---|
Micro | 5,000 |
Small Business | 15,000 |
Medium Business | 35,000 |
Large Business | 75,000 |
Industrial | 500,000 |
Average British Home | 12,000 |
Businesses that consume over 100,000 kWh will receive bespoke quotes from business gas suppliers reflecting lower wholesale prices that can be obtained in large contracts.
An MPRN, or Meter Point Reference Number, is the unique identifier for your commercial gas connection. It consists of 11 digits and is used to identify the meter at your business premises. Using your MPRN is essential for accurately comparing business gas suppliers.
Your MPRN is found in the “Details of Charges” section of your business gas bill.
If you cannot find one of your business gas bills, you can search for it online with your business postcode on Find My Supplier. This will provide you with your MPRN.
💡 The MPRN is analogous to the MPAN for business electricity and the SPID number for your business water.
Your business gas bill will be affected by numerous factors, including your usage, location, and whether you have an agreed contracted rate with a business gas supplier, all of which will impact the overall bill.
Here’s a rough idea of how much gas businesses use:
Different industries have different uses for gas, so the figures above are only a rough guideline. The data above was based on average business gas consumption data and the latest average business gas prices.
Any licenced business gas provider can provide a quote to supply gas to your property. To get a business gas quote, you’ll need to let a business gas supplier know:
Gas quotes can be requested separately, or you can use our business gas comparison tool to collect business gas prices from our panel of trusted business gas suppliers.
According to Ofgem, the regulator, switching business gas suppliers should take 21 days on average to process the switch.
Before signing a contract and switching, you must have an agreed contract end date with your current supplier and an agreed switching date (ideally both on the same day).
Most business gas suppliers aim to complete the switching process within four weeks, although the actual time can vary based on the factors mentioned above.
Green business gas is a biofuel alternative to fossil fuel natural gas. Unlike natural gas, green gas is made from biomass sources such as plants and food waste.
Most business gas suppliers do not offer renewable business gas tariffs. Unfortunately, sustainable gas offerings for businesses are only available in specific locations due to the lack of widespread green gas generation capacity.
Use our business gas comparison service above to determine whether your location can switch to one.
To work out when your business gas contract ends, simply find your latest gas bill. Business gas bills show your current business gas contract end date. If you don’t have a bill, it’s worth looking for your original contract or calling your current business gas supplier.
The customer services department of your business gas supplier will be able to help you and tell you what the end date is for your existing contract.
Yes, you can compare business gas prices if your gas is currently supplied by an independent gas transporter. However, switching can take a little more time than a regular switch.
Independent Gas transporters contracts usually include an additional standing charge compared to a direct connection to the national grid.
Some providers will absorb the costs of the IGTs; however, most do not. It’s worth ensuring you understand the overall cost before switching, as it may be substantially more than using a supplier on a standard tariff.
Yes, unless you’re moving business premises, your existing supplier will charge you a termination fee. This can be up to the total wholesale spend for the rest of the contract. Once you have paid this fee, you can cancel your business gas contract and move to a different supplier.
To end your existing tariff, you must send a termination letter to your current supplier stating that you wish to terminate your contract on a specific date. The details you need to provide are as follows:
You can use the AquSwitch energy termination letter here.
For more information, check out our complete guide to getting out of a business energy contract.
💡In most cases, the exit fee on a business energy contract is so expensive that it won’t be worth cancelling your business gas tariff early.
You can, but you can’t switch until you have a move-in date and a signed contract for the new premises. You will also need critical details like the MPRN number to get a valid quote.
Business gas prices fluctuate on a daily basis, so there is no point in using a business gas comparison service until you have agreed on a move-in date.
Recent rises in inflation have left many businesses struggling. If you cannot pay a gas bill, we recommend talking to your current business energy supplier to discuss a payment plan or payment pause to give your company breathing room.
The Citizens Advice Helpline can also help advise you on your business gas contract.
Most business gas contracts do not offer cooling-off periods when signing a new contract. A 14-day cooling-off period is when you can cancel services within the cooling-off period without any financial ramifications.
It’s important to compare business gas prices in-depth and make sure you fully understand everything you are signing up for. It’s worth contacting the supplier to ensure you understand every aspect of the quote provided before agreeing to it.
No, business energy suppliers do not offer dual-fuel contracts to companies that need both a gas and electricity supply to a commercial property.
Business gas contracts include a clause specifying what will happen if you reach the end of your tariff without arranging an alternative.
This will transition your business onto standard variable rates or a fixed rollover contract.
If you are classified as a “micro-business,” your business gas supplier is required to send you a renewal reminder at least 60 days before the end of your current contract.
We recommend saving your renewal date in your calendar. If your business gas supplier fails to send you a renewal notification, you may be automatically renewed at a more expensive rate.
Check out our full guide to what happens at the end of a business energy contract.
A deemed gas contract is where your commercial property has a gas supply, but you haven’t entered into an agreement with the supplier. In this situation, you’ll revert to a deemed contract where you pay expensive out-of-contract gas prices with the current gas supplier.
The most common indicators that you are in a deemed contract are:
Business gas contracts have a clause that says what happens if you reach the end of your contract without arranging a new one.
Typically, you’ll continue to be supplied by your current business gas supplier with either:
Either way, these automatic business gas contracts are unnecessarily expensive. To avoid wasting money, we recommend using our business gas comparison service to arrange a renewal or a hassle-free switch to a new supplier.
Here’s our full guide on what to do at the end of a business energy contract.
A business gas tariff describes how a company will pay for its gas supply to a property that’s connected to the local gas distribution network.
In a business gas tariff, you’ll typically pay for two things:
In the UK, the gas market is deregulated, so companies need to choose their gas supplier and business gas tariff. Find your next business gas supplier using our business gas comparison service.