SMALL AND MIDSIZE ENTERPRISE
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What is a green small or medium-sized enterprise?
A green SME is a small or medium-sized enterprise (SME) that is committed to operating in a sustainable and environmentally friendly way. Green SMEs may use renewable energy, reduce their waste production, or implement other sustainable practices.
Green SMEs are important because they play a significant role in the global economy and their actions can have a big impact on the environment. By reducing their environmental impact, green SMEs can help to protect the planet for future generations.
What impacts your small business energy rates?
London Gas and Power is an established energy consultancy firm focused on serving the comprehensive needs of businesses to save money on their energy bills. Our in- Depth understanding of the commercial gas and electricity industry and our constant monitoring of energy market prices, allow us to help our clients make informed business energy buying decisions.
How much does it cost per unit of electricity
for a business customer in the UK?
The average price of business electricity per kWh in the UK in 2023 is 31.3 pence. However, the actual price can vary depending on a number of factors, such as the size of your business, your energy usage, and the time of year.
To get an accurate estimate of how much you will pay for business electricity, you should contact us. You can also use our website to compare rates.
Average electricity kWh Prices by business size
|
Business size
|
Annual usage
|
Unit price (per kWh)
|
Daily standing charge (pence)
|
Annual cost
|
|---|---|---|---|---|
|
Micro business
|
1,000 to 5,000 kWH
|
11.2p
|
30.0p
|
£1,508 (based on annual usage of 8,000 kWh)
|
|
Small business
|
5,000 to 10,000 kWh
|
15.3p
|
60.0p
|
£3,000 (based on annual usage of 12,000 kWh)
|
|
Medium business
|
10,000 to 30,000 kWh
|
21.1p
|
90.0p
|
£6,000 (based on annual usage of 17,000 kWh)
|
|
Large business
|
More than 50,000 kWh
|
28.0p
|
140p
|
£10,500 (based on annual usage of 25,000 kWh)
|
Disclaimer: Electricity prices can change every hour, so the prices you are quoted may be different from the average prices you see online. The prices may also vary depending on the type of meter you have and where your business is located. This information is from June 2023, so it may not be up-to-date.
Benefits of switching to a green SME business energy supplier
Reduced carbon footprint: Renewable energy sources such as solar and wind power do not produce greenhouse gas emissions, so switching to a green supplier can help businesses to reduce their environmental impact.
Cost savings: Renewable energy costs have fallen significantly in recent years, and green SME business energy suppliers can often offer competitive tariffs.
Improved reputation: Many businesses are increasingly looking to be more sustainable, and switching to a green supplier can help to improve a business’s reputation among customers and investors.
What Our Satisfied Customers Say
How do micro business and small business energy plans differ?
Micro businesses and small businesses are classified differently based on the number of employees they have. However, there are also differences in the energy contracts that are offered to them.
One key difference is that micro businesses can terminate their energy contract at any time, while small businesses can only switch energy suppliers once they have entered their end-of-contract window. This means that micro businesses have more flexibility and can more easily switch to cheaper, more favorable deals.
Compare and get your business
electricity quote today
meeting with us today, and let’s power up your future together.
Frequently Asked Questions
A green SME is a small or medium-sized enterprise (SME) that is committed to operating in a sustainable and environmentally friendly way. Green SMEs may use renewable energy, reduce their waste production, or implement other sustainable practices.
There are several reasons why it is important for SMEs to be green. First, it is good for the environment. SMEs make up a significant portion of the global economy, and their actions can have a big impact on the environment. By reducing their environmental impact, green SMEs can help to protect the planet for future generations.
There are many ways that SMEs can be more green:
- Using renewable energy sources such as solar or wind power
- Reducing waste production by recycling and composting
- Using energy-efficient appliances and equipment
- Switching to sustainable transportation options
- Purchasing sustainable products and materials
There are a number of resources available to help SMEs become more green:
- Government websites and programs
- Industry organizations and associations
- Environmental consultancies
- Green business directories
There are a number of green SME business energy suppliers in the UK. You can find a list of suppliers on the website of the Renewable Energy Association.
There are a number of benefits to being an SME, including:
- Flexibility: SMEs are often more flexible than larger businesses, which can give them an advantage in changing markets.
- Innovation: SMEs are often at the forefront of innovation, as they are more willing to take risks and try new things.
- Local impact: SMEs play an important role in their local communities, providing jobs and supporting other local businesses.
SMEs also face a number of challenges, including:
- Access to finance: SMEs often have difficulty accessing finance, which can limit their growth.
- Competition: SMEs often face competition from larger businesses with more resources.
- Regulation: SMEs can be burdened by complex regulations, which can be costly and time-consuming to comply with.
Governments can support SMEs in a number of ways, including:
- Providing financial assistance: Governments can provide SMEs with access to loans, grants, and other forms of financial assistance.
- Reducing regulation: Governments can reduce the regulatory burden on SMEs by simplifying regulations and making them more flexible.
- Promoting innovation: Governments can promote innovation among SMEs by providing tax breaks and other incentives.