Business Utilities UK
Business Utilities UK
Electricity and Gas prices for Business
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Business Utilities UK
Business utilities in the UK cover essential commercial services including business utilities gas and electricity. Ofgem regulates energy markets, while water is managed via regional deregulated networks, requiring businesses to proactively set up separate commercial contracts for each service to avoid expensive default rates.
Business Water & Wastewater
Unlike domestic households, most businesses in England and Scotland can choose their water retailer due to open market competition.
The Setup: While your physical water supply and pipes are still maintained by your regional wholesaler (like Thames Water or Severn Trent), you can shop around for the retailer that bills you.
Why Switch: Switching your commercial water retailer allows you to consolidate multi-site bills, improve water-efficiency monitoring, and secure lower customer service fees.
Top Retailers: Major business water providers include Wave Utilities, Water Plus, and Business Stream.
Business energy
Gas and electricity supplied to commercial premises under bespoke contracts that operate differently than domestic energy accounts. Unlike household utilities, business energy has no government-mandated price cap, offers no automatic “cooling-off” period once signed, and requires quotes tailored specifically to your company’s size, usage, and geographic location.
Key Differences: Business vs. Domestic Energy
Understanding these distinctions will help you manage your overheads and avoid costly contractual errors:
No Price Caps: There is no ceiling on unit rates. If you fall out of contract, your provider will shift you to expensive “deemed” or out-of-contract rates.
Bespoke Pricing: Providers calculate specific pricing per company. Larger enterprises generally secure lower unit rates due to their high volume consumption.
Strict Switching Windows: You cannot leave your tariff at any time. You can only switch when your specific renewal window opens (typically 1 to 6 months before your contract expires).No Dual Fuel Discounts: Even if you buy gas and electricity from the same provider, they are typically billed as separate, standalone contracts.
Types of Business Energy Tariffs
Commercial energy suppliers offer several main structures to meet different budgeting needs:
Fixed Rate Tariffs: Lock in a set price per kilowatt-hour (kWh) for 1 to 5 years. This shields you from market volatility and simplifies your financial forecasting.
Flexible/Variable Tariffs: Prices fluctuate alongside wholesale market rates. This structure can lower costs when market prices drop, but exposes you to risk if prices surge.
Deemed/Out-of-Contract Tariffs: Rolling, emergency rates applied when you move into a new property or let a contract expire without renewing. These are significantly more expensive.
Green Energy Tariffs: Plans backed by renewable electricity (solar, wind) or carbon-neutral gas to help you hit corporate net-zero targets.Major UK Business Energy Suppliers
To secure a commercial energy tariff, you must request individual quotes or utilize a broker to run market comparisons. Notable suppliers in the commercial space include:
British Gas Business: Offers zero-carbon electricity as standard alongside flexible wholesale plans for massive energy users.
Octopus Energy for Business: Provides “Shape Shifters” tariffs that reward small businesses with cheaper electricity if they shift usage outside of peak hours.
EDF Energy: Delivers tailored small-and-medium enterprise (SME) gas and electricity contracts.
E.ON Next: Offers quick online quotes segmented clearly by small business limits or corporate scale options.
Yü Energy: A specialist business supplier offering multi-site plans and structured prepayment business electricity options.
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Compare energy savings
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Publication of the Revised Ofgem Confidence Code 2017 identified that Ofgem set out decision to partially implement the removal of the WoM Requirement, and to consult on consequential Confidence Code wording.
Provide the following information to Energy4
- Provide your business address
- The current name of your Supplier
- Annual Consumption (kW)
- Business registration (Private Limited, Sole-trader, PLC)
Complete Letter Of Authority (LOA)
Contract End Date (CED)
Termination notice period
Switch utility contracts or renewing contracts is possible with an application made before the Termination notice period. Changing energy supplier or renewed contracts when the termination notice period has been missed will result in a site being moved onto out-of-contract rates for the period specified below. Switch business sites to another energy supplier, or renewed.
Contract Energy4 for further information
- HAVEN – 120 DAYS
- TOTAL – 90 DAYS
- CNG – 90 DAYS
- SCOTTISH POWER – 30 DAYS
- NPOWER – 60 DAYS
- CORONA ENERGY – 60 DAYS
- CROWN – 30 DAYS
- SSE – 30 DAYS
- EDF – 30 DAYS
- DONG ENERGY – 30 DAYS
- BG – 90 DAYS
- EON – 90 DAYS
- HUDSON – NO TERMINATION NEEDED
- OPUS – 90 DAYS
- DUAL ENERGY – 28 DAYS
- YGP – 90 DAYS
Energy quote from Energy4
Switch energy supplier or renew present supplier
Once the business owner has decided to switch the present Supplier or renew energy supplier, business credit reviewed as each Supplier has requirements. The contract confirmed with payment details provided. Paying by Direct Debit can usually save money.
Energy4 will then forward to the business owner a copy of the energy contract to be completed. Energy contract completed, and a copy returned to Energy4.
Energy contract submitted
Business owner retains the original energy contract.
Energy contract processed
The energy Supplier will notify Energy4 of the processing of the energy contract.
Previous energy supplier can reject the transfer
New energy supplier can reject the contract
– Objection to the Letter of Authority
– Business owner is already in a contract and is not free to leave when the incoming Supplier is applying to take the supply
– Business owner has debts or unpaid bills on their account before the new energy Supplier applies to take the supply
– The new energy Supplier is applying for the incorrect transfer date
– Business owner is applying for a Change-of-tenancy (COT), and the new energy Supplier is attempting to take the supply before the COT is logged
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Confirm switch of energy supplier
Provide the following information to Energy4
Termination notice period
Termination by the Telegraph
Ofgem explains Termination
Telegraph explains
Which Magazine advice
Citizen Advice Bureau discusses
Switch energy supplier or renew present supplier
Information from Citizen Advice Bureau
Swith Energy explained by Which
Ofgem explains switching supplier
Legal side of switching supplier
Previous energy supplier can reject transfer
Ofgem explains how contracts can be rejected
Further information on how Ofgem reject contracts
Confirm switch of energy supplier or renew present supplier