Average Business Gas Prices (UK) Are Up, but Smart Switching Can Still Bring Your Costs Down
Volatile wholesale gas prices have become a fact of life in the years since the post-pandemic surge in demand, and the conflict in Ukraine tightened the global supply. It's a combination that has filtered through to the commercial market, with higher costs and rising standing charges pushing average business gas prices in the UK far beyond what most firms were used to paying.
For most UK business owners, rising gas bills have become a fact of life. Even so, there are moments when the market opens a small window for a better deal - and right now is one of those times.
At Business Utility Hub, we’ve seen enough markets to know when timing matters. Businesses with gas contracts up for renewal in the next six months have the potential to secure a better price. In this article, we’ll explain how the current conditions could work in your favour.
Where the opportunity lies
Despite the year-on-year pressure on average business gas rates, there are periods when contract pricing becomes more competitive, and we’re in one of those moments now. Wholesale movements don’t always translate evenly across the market, but some suppliers are offering better business gas quotes than they were a few months ago, particularly for businesses with the right contract timing.
This creates an opening for:
- Businesses with a contract end date in the next six months. This is the ideal time to compare business energy rates and secure a better tariff.
- Those who suspect they are paying higher unit rates or standing charges than the current market. If your unit price or standing charge looks high, it probably is.
- Companies stuck on deemed or out-of-contract tariffs. These are the most expensive business gas prices in the UK.
- Firms that haven’t reviewed their business gas deal in recent years. The gas market changes quickly, and contracts that once looked competitive rarely stay that way.
Timing matters in the gas market. Wholesale prices often shift before commercial gas tariffs do, and renewing during a favourable period can make a noticeable difference over the full length of a contract. So if any of the above sounds familiar, comparing business gas quotes now could save money over the long term.
Auditing your energy to save costs
If you’re tied into an expensive business gas contract for a while yet, you may not be able to switch, but that doesn’t mean your hands are tied. You can still take steps to manage how much gas your business uses.
An energy audit can highlight where gas is being used unnecessarily - heating running longer than needed, draughts letting warm air escape or older appliances using more energy than modern ones. Even a basic review of your usage can reveal ways to cut demand without disrupting operations.
Gas-hungry systems such as older boilers, air handling units or industrial printers can add a surprising amount to a commercial gas bill. Upgrading to modern, high-efficiency models comes with an upfront cost, but reduces gas usage significantly over the lifetime of the appliance.
How Business Utility Hub can help
At BUH, we think it's time your business stopped overpaying for gas and electricity. If your business gas or business energy contract is up for renewal in the next year, speak to us. We can help you by:
- Keeping up with wholesale energy prices every day, so we know when and where to find the most competitive deals.
- Comparing business gas tariffs from trusted suppliers, to provide you with a clear shortlist of the best deals on the market.
- Breaking down unit rates, standing charges and contract types, so you understand exactly what you’re paying for.
- Manage the entire switch to a new business gas supplier, from notice to setup, so you can keep your focus on running your business.
If you run a small or large business, and your energy contract is due for renewal, or you’re unsure whether now is the right time to switch business gas suppliers, give our friendly and expert team a call today on 0800 781 2700 or contact us via our form. In just a few minutes, we can review your current tariff, and compare the market to secure you a better deal.
Compare and switch your business electricity today
To start the process, call us today, email or complete our online form.
