30/04/2026
⚠️ Business Electricity Bills Up 9.3% – And It’s Not Slowing Down
New data has just confirmed what many businesses are already feeling energy costs are rising again.
UK businesses are now paying 9.3% more for electricity compared to last quarter, with average annual bills sitting around £5,192. That’s also a 6.3% increase year-on-year, and in some regions, it’s much worse.
South West England has seen a massive 18% increase in just one quarter
South Wales up 14.8%
East Midlands up 14%
Even more concerning, regional differences are growing:
Businesses in North Wales are now paying around £6,257 annually
That’s nearly £1,800 more than businesses in the North East
📊 What’s Driving This?
It’s not just pricing usage is up too.
Businesses are consuming around 7.1% more energy, which equates to roughly 1,500 kWh extra per quarter on average.
On top of that:
Market volatility continues due to global tensions
Non-commodity costs (like network charges) are rising
Suppliers are tightening risk, which is impacting pricing
We’re also seeing contract lengths shortening, as businesses try to stay flexible in an unpredictable market.
⚠️ The Bigger Issue Most Are Missing
A lot of businesses assume: 👉 “Prices are just high right now”
But the reality is:
Many are sitting on poor renewal rates without realising
Others are being moved onto deemed or variable tariffs
Some are in contracts that don’t protect them properly from rising costs
💡 What Can You Actually Do?
The report suggests businesses can save around 2–3% by switching but in reality, we’re often seeing far greater differences depending on the setup.
The key isn’t just switching… it’s:
✔ Understanding your contract type (fixed vs pass-through)
✔ Knowing when to go to market
✔ Making sure your usage is correctly forecasted
✔ Avoiding being rolled into poor renewal terms
👀 What We’re Seeing Right Now
Across our clients, we’re seeing:
Businesses overpaying simply due to lack of review timing
Incorrect billing (especially VAT/CCL in some sectors)
Contracts that don’t match how the business actually uses energy
🤝 Final Thought
You don’t need to act today…
But you do need to be aware.
Because in this market, doing nothing often ends up being the most expensive decision.
If anyone wants a quick second opinion on their bills or contract, happy to take a look no pressure, just clarity.
New energy data shows UK businesses face sharp quarterly bill increases, with South West England hit hardest