Small Business Energy
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Our energy experts summarise the latest advice to help small business owners to optimise their business energy. Jump to what you’re looking for:
Like all businesses, small companies currently benefit from the limited support provided by the business energy discount scheme.
However, it’s important to note that this ends in March 2024, and the automatic discount only applies to the most expensive fixed tariffs entered into at the height of the energy crisis in autumn 2022.
In normal times, it is important to remember that there is no business energy price cap for small businesses, so out-of-contract rates can be enormously expensive. The best way to keep your energy rates under control is to regularly switch fixed energy tariffs to secure the best rates available on the market.
Read on for more information about what to do if you’re struggling to pay your energy bills, about business energy grants available to small businesses, and about Ofgem’s small business protections.
In these challenging economic times, many smaller businesses are struggling to stay on top of paying their energy bills. Ofgem and Citizens Advice offer the following guidance:
Latest resources for business energy support:
The UK government, devolved administrations, and local councils offer various business energy grants to make small businesses more environmentally friendly. These grants typically support investments in:
Discover how to apply for the latest small business energy grants in our comprehensive guide to business energy grants.
Ofgem, the energy regulator, provides additional rules governing how business energy suppliers treat their small business customers, offering them extra protection compared to larger companies. Here’s a summary:
💡 These rules apply to microbusinesses, defined as those with fewer than 10 employees or less than 100,000 kWh of electricity or 293,000 kWh of gas each year.
Source: Ofgem – Microbusiness guidance