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Compare December 2024 Gas Prices and Save up to 45% Today
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- Best fixed gas rates from our experts
Compare business gas in three simple steps
You’ll need to consider both unit rates and daily standing charges when comparing business gas prices. Use our business gas comparison tool to find the best business gas prices. Follow these three simple steps to compare commercial gas prices:
Provide us with a few simple details
Provide us with some simple details about your gas supply; address, supplier, usage and contract end date.
Compare business gas rates & prices
Our experts will make a hassle-free switch to your new cheaper business gas supplier.
We'll take care of your hassle-free switch
Our experts will handle the switch for you, ensuring it is easy to switch business gas suppliers.
Compare Business Gas Prices – December 2024
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 December 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 | 6.8 |
| Medium | 50,000 to 100,000 | 6.3 |
| Large | 100,000 + | 6.1 |
Source: The above data has been compiled using the following:
- Wholesale natural gas future rates on the National Grid published by the ICE exchange.
- Three-month rolling average non-commodity rates offered in the commercial gas market using AquaSwitch quoting data.
The benefits of business gas comparison
Here are the top three reasons to compare business gas prices for your company today.
Save Money
Renewal quotes from commercial gas suppliers are typically uncompetitive.
Comparing business gas suppliers helps you find the best rates in the market.
Save Time
Collecting quotes from business gas suppliers yourself is time-consuming.
Let our business gas experts do the legwork for you.
It's Free
Our business gas comparison service is free.
You are under no obligation to use the business gas quotes collected from our panel of suppliers.
How are business gas quotes calculated?
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:
Wholesale price of gas
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.
Length of contract
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.
Your gas consumption
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.
Your gas network
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.
Market competition
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.
Green gas supplies
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.
Factors to consider when you compare business gas quotes
Using our business gas comparison service, you’ll receive various quotes from our panel of trusted commercial gas suppliers. Here are the key factors to consider when choosing the best quote for your company:
Contract length
Fixed business gas contracts often have costly exit fees. Consider your business needs carefully and select a suitable contract length.
Supplier reputation
Fixed gas contracts tie you to a specific supplier, so choose one who is reputable, reliable, and has a proven track record of delivering gas.
Customer service
Good customer service is essential when working with any supplier. Look for one that provides excellent customer support and assistance.
Business gas rates
When comparing business gas tariffs, consider the expected annual cost, which incorporates both standing charges and unit rates.
Payment terms
Some suppliers require upfront payment, while others may offer monthly billing. Choose payment terms that best suit your business needs.
Green gas
Consider choosing a green business gas supplier that uses biogas or carbon offsets to reduce environmental impact.
Reviewing your new business gas contract
At AquaSwitch, we’ve helped thousands of SMEs find better business gas suppliers.
Once we’ve found a great deal for your business through our gas comparison service, our energy experts can also arrange the switch for you.
You’ll need to sign a new business gas contract to start the switch. This document is legally binding, so it is essential to understand its contents. Here’s a summary of the key terms:
Details of your business:
- Business name – The legal name of your company/organisation, e.g. XXXX Limited. This entity will be legally liable for sticking to the contract terms.
- Registration number – The registration code of your business on Companies House (if applicable).
- Business type – What your business does (usually defined by SIC codes)
- Contact name/email/phone number – Contact details of the staff member responsible for the contract so the business gas supplier can get hold of you if any queries arise.
Details of your business gas supplier:
- The name of your supplier – The contract will typically be branded with the logos of the business gas supplier who you are contracting with.
- TPI name – The business energy comparison service you used to arrange your contract.
- TPI commission cost – This is the estimated amount of commission your business gas supplier will pay to the TPI through the contract.
Details of your gas supply:
- Supply address – The address of the non-domestic property receiving the gas supplies.
- Standing charge – A daily business energy standing charge, priced in pence per day, that you’ll pay over the length of the contract.
- Unit rates – The amount you’ll pay per kWh of gas you use during the contract.
- Contract end date – The date on which your agreements end. Also known as the “price review date”, the date your contract will roll over onto less favourable terms per the supplier’s terms and conditions.
- Contract end notice date – This is the date before the contract end date that is a deadline for providing your supplier with a contract termination notice if you want to avoid being switched onto your supplier’s standard rollover/standard variable tariffs.
- MPRN number – A unique identifier for your supply point on the local gas network. Here’s our complete guide to the MPRN.
- Meter serial number – A unique number to identify your meter. It’s usually written on the actual gas meter.
- Expected annual consumption (EAC) – The initial estimate of your business gas usage, measured in kWh. The actual meter readings during the contract will determine the amount you actually pay.
Payment method details
- Payment method – In a standard contract, you’ll either pay by direct debit or with BACS with agreed payment terms.
- Expected annual spend – The expected charges for gas, including both the standing charge and the unit charges, are based upon the expected annual consumption.
- Billing details – The address and contact details of where you want your business gas bills will be sent.
What information do I need to compare business gas quotes?
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:
- The legal name of your business
- The address of your business
- Your estimated annual gas consumption in kWh
- Current business gas supplier
- The end date of your current contract
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.
Compare Business Gas Prices – FAQs
Our business utility experts answer the key questions regarding our business gas comparison service.
What is an MPRN?
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.
How much should my business gas bill be?
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:
- Microbusinesses: Spend an average of £430 a year.
- Small businesses: Spend an average of £856 a year.
- Medium-sized businesses: Spend an average of £1,424 a year.
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.
How do I get a business gas quote?
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:
- The contract end date of your current tariff (if in a contract)
- The legal name of your business for a credit check
- The address of your property
- The MPRN number associated with your gas supply point
- Your expected annual gas consumption in kWh
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.
How long does it take to compare and switch 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.
How do I find out when my business gas contract ends?
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.
Can I compare business gas if my business is supplied by an independent gas transporter (IGT)?
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.
Will I be charged an early exit fee if I cancel my business gas contract?
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:
- Address
- Account number
- Contact details
- The date from which you want to cancel your services
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 contracts are so expensive that it won’t be worth cancelling your business gas tariff early.
Can I compare business gas quotes before I move into new premises?
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.
Do business gas contracts offer a cooling-off period?
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.
What are automatic renewals on my business gas contract?
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.
How do I know if my business is on a deemed gas 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:
- You’ve just moved into a property but haven’t been in touch with your business gas supplier.
- The unit rate you’re paying for gas has increased significantly.
- Your business energy supplier has gone bust, and you’ve been transferred to the supplier of last resort.