UK business electricity prices: average
UK business electricity prices: average stood at 23.97 Pence per kWh in Q2 2026, according to GOV.UK official statistics. It is one of the indicators in the Gas and electricity prices table (Value · Quarterly), with a complete series running from Q1 2004 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the Gas and electricity prices table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Electricity, average7 | 23.97 | 23.61 | 23.46 | 22.83 | 23.51 | 25.21 | 24.82 | 25.15 | 25.47 | 27.31 | |
| Electricity, very small consumers | 37.67 | 34.31 | 35.45 | 36.75 | 36.39 | 32.19 | 33.57 | 31.99 | 30.38 | 31.57 | |
| Electricity, small consumers | 27.87 | 28.04 | 28.86 | 27.86 | 27.93 | 28.73 | 29.36 | 27.2 | 29.18 | 31.42 |
Understanding UK business electricity prices: average
Aggregating commercial electrical expenditure across the United Kingdom, this series calculates the overarching mean cost per kilowatt-hour across all surveyed corporate scales, encompassing diverse consumption bands from micro-enterprises to heavy industrial users. Unlike segmented tier series, this headline measure blends varying tariff structures, climate change levies and contracted rates into a single benchmark figure.
Interpreting this aggregate requires caution due to composition effects, as shifts in the relative output weightings of different industrial tiers can alter the average independently of underlying tariff adjustments. Quarterly comparisons must account for seasonal shifts in industrial demand and the expiration of fixed-term corporate supply contracts. Direct comparisons with domestic energy tariffs are misleading due to differing taxation, network cost allocations and market structures.
Frequently asked questions
- Does this aggregate include all business sizes?
- Yes, it combines data from very small consumers up to extra large industrial users across the United Kingdom.
- Why might this average change even if individual tariffs remain constant?
- Changes in the proportion of energy consumed by different business size tiers can shift the overall weighted mean.
- Are climate change levies included in this electricity price measure?
- Yes, the average incorporates applicable environmental taxes and standard industry levies borne by commercial users.