Most businesses compare energy quotes to lower their bills. To avoid overpaying, it’s best to compare deals and secure a new contract before your current one ends. This allows you to choose the most competitive rates from multiple suppliers and, more importantly, avoid rolling onto costly out-of-contract rates—your supplier’s default tariff, which is variable and typically more expensive than fixed-rate options. But it’s not just about price. When you compare business energy quotes with Bionic, we consider your unique needs. If you prefer stability in an unpredictable market, we can help you decide whether locking in a lower rate for a longer term is the right move. And because no one wants to deal with an unreliable supplier, we only work with trusted providers that offer great rates and dependable service. If you find a deal you like, we’ll handle the switch and automatically provide new quotes when it’s time to renew.
When comparing business energy deals, you’ll find several options to choose from. We’ll help you select the best one for your business. However, there are also two types you should avoid—deemed rates and out-of-contract rates. These default variable tariffs from suppliers are typically much more expensive than fixed-rate contracts.
Your unit rate and standing charges remain the same for the entire duration of your contract, providing price stability and predictable costs.
Your unit rate and standing charges can change throughout your contract, depending on market conditions, offering potential savings.
Your energy costs are lower during specific off-peak hours and higher during peak times, making this ideal for your businesses to grow.
Your supplier offers to extend your contract with rates set between what you currently pay and the latest market prices, balancing cost.
You bulk-buy energy in advance at wholesale rates, allowing better price control. This option is best suited for businesses with high energy consumption.
Your bill is split between fixed wholesale energy rates and fluctuating costs like National Grid and TNUoS charges, offering transparency but potential variability.
If you move into new premises without securing a fixed contract, your supplier places you on default deemed rates, which are typically best avoided.
If you fail to renew your contract before it ends, your supplier switches you to out-of-contract rates, which are much higher than fixed-rate deals.
Energy rates fluctuate constantly due to market conditions and the way energy is bought and sold. Business energy contracts are tailored to meet the unique needs of each company, and different suppliers offer varying rates, making it difficult to determine the absolute cheapest option. The best way to find the most competitive business energy rates for your needs is through a price comparison. We track rates from our panel of suppliers to secure the best available deals for you. Below is a breakdown of our suppliers' current rates.
| Supplier Name | Gas Unit Rate (kWh) | Gas Standing Charge (Daily) | Electricity Unit Rate (kWh) | Electricity Standing Charge (Daily) |
|---|---|---|---|---|
| British Gas | 7.3p | 54.3p | 26.8p | 53.8p |
| BG Lite | 7.7p | 51.2p | 26.8p | 54.8p |
| EDF Energy | 7.9p | 39.2p | 26.3p | 56.4p |
| EON Next | 7.5p | 30.0p | 30.0p | 36.7p |
| ScottishPower | 7.6p | 35.1p | 22.6p | 72.2p |
| Smartest Energy | 6.0p | 142.1p | 24.6p | 56.7p |
| Valda Energy | 7.6p | 40.3p | 40.3p | 64.2p |
| Yu Energy | 8.0p | 22.7p | 30.7p | 41.7p |
Please note that the rates quoted may differ from those listed above. Prices are accurate as of February 2025 but may vary based on your meter type and business location. The figures shown represent the average unit rates and standing charges for contracts sold by Bionic between February 1 and February 6, 2025. We also compare rates from additional suppliers not listed above, including Crown Gas & Power, SSE, TotalEnergies, Corona, Engie, and more. When selecting an energy supplier, price isn’t the only factor to consider. It’s essential to choose a contract that aligns with your business needs. We compare quotes from a panel of trusted energy suppliers to help you find the best fit. If you have a preferred supplier from our list, let us know, and we’ll tailor our search accordingly.
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