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.

Understanding your electricity costs helps you keep control of your budget. Prices vary across suppliers and regions, so the question “how much does electricity cost for a small business?” does not have one set answer. Every business is unique, and the way you use electricity will depend on the work you do, your opening hours and the equipment you rely on each day.