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Comparison

Compare Business Electricity Prices

Comparing business electricity prices means matching your Meter Point Administration Number (MPAN) and annual consumption against rates offered by different suppliers, then judging the resulting unit rate and standing charge against your current deal. Electricity pricing varies by region, meter type and time of use, so a comparison needs accurate data to be useful.

Unlike gas, electricity pricing can involve day, night and evening/weekend rate splits depending on your meter, plus capacity charges for larger sites on half-hourly metering. This adds a layer of detail that a straightforward gas comparison does not need.

Compare Market checks business electricity rates across a panel of suppliers so you can see how your current contract compares before it renews.

  • Your MPAN identifies your exact electricity supply point and meter type for accurate pricing.
  • Businesses with half-hourly meters may see time-banded rates rather than a single unit rate.
  • Capacity charges apply to larger sites and are separate from the unit rate.
  • Fixed contracts protect against wholesale price rises for the contract term.
  • Comparing 3 to 6 months before renewal avoids defaulting to a deemed rate.
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We use this to match you with local pricing.

Finding and using your MPAN

Your MPAN is a 13-digit number printed on your electricity bill, sometimes called the supply number. It identifies your specific meter and supply point, which is what suppliers use to generate an accurate quote rather than a regional estimate. If you cannot locate it, your current supplier or the meter itself can usually confirm it.

Single rate versus time-of-use metering

Smaller businesses on standard meters typically pay one unit rate for all consumption. Larger sites, or those with smart or half-hourly meters, may be billed on day, night and evening/weekend bands, or on true half-hourly settlement. Comparing electricity prices for these sites requires a breakdown of usage by time period, not just a single annual total.

Getting this wrong on a comparison can understate or overstate the likely cost, since a business that consumes heavily at peak times will be priced differently to one that runs mostly overnight.

Capacity charges and half-hourly sites

  • Capacity charge covers the maximum demand a site is agreed to draw
  • Exceeding agreed capacity can trigger separate excess charges
  • Half-hourly settlement applies automatically above certain consumption thresholds
  • Comparisons for these sites should include capacity as a separate line item

Compare business energy prices

Enter your postcode and business details to compare available commercial energy prices.

Comparing fixed and variable electricity deals

FeatureFixedVariable
Unit rateLocked for termTracks wholesale market
Budget certaintyHighLower
Typical term1 to 5 yearsRolling or short term
Best suited toPredictable usageFlexible, risk-tolerant buyers
Fixed vs variable business electricity contracts Rates vary by supplier, region, consumption and market conditions.

What affects your electricity comparison result

Region affects distribution costs, since electricity network charges differ across the 14 UK distribution regions. Consumption volume affects which suppliers are willing to quote, as some focus on micro-businesses while others prefer larger commercial loads. Contract length also changes the rate, since longer terms often carry a premium for price certainty.

Switching electricity supplier without disruption

Switching supplier does not involve any physical change to your electricity connection. The same wires, meter and network operator remain in place; only the billing relationship changes. Most switches complete within about three to five weeks, and by law your supply cannot be interrupted during the process.

Compare Business Electricity: frequently asked questions

Related business energy pages

Check compare business electricity against the whole market

One short form, leading UK business energy suppliers compared and a written summary of your options from a specialist.