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British Gas Energy Tariffs

To Know Business energy tariffs are a primary way to reduce your business energy bills and to get the best energy deal as per the business needs. If a business wants to take a look at British Gas energy tariffs for the necessary energy needs, we provide all the essential information to help you understand British gas energy tariffs, enabling businesses to make an informed decision about the best option for their business energy needs.

Who is British Gas?

British Gas is one of the largest energy suppliers in the United Kingdom. They provide gas, electricity, and various home services to millions of homes across the country. As a longstanding provider with a broad range of offerings, they are a go-to choice for many households and commercial businesses. If you want to .

British Gas Energy Tariffs

We compare energy rates per kWh from the business gas comparison of British gas energy tariffs, whether you're looking for the stability of fixed rates or the flexibility of a variable rate. Below, you’ll find our main types of British gas energy tariffs explained:

  • 1. Fixed Rate Tariffs : With British Gas Fixed Tariff, businesses can have price protection, ensuring that business energy unit prices remain unchanged throughout the contract term, protecting the business from surprises on business energy bills, even if energy prices rise. This offers price certainty and peace of mind, with various contract lengths available to suit your specific needs.
  • 2. Variable Rate Tariffs : British Gas Standard Variable Tariff allows for flexibility in the business energy pricing, with rates that can fluctuate based on market conditions. This means that the business is not locked into a British Gas Fixed Tariff, giving the freedom to adapt as needed. The benefits include the flexibility to switch to other British gas energy tariffs or different business energy suppliers without incurring exit fees and the potential advantage of benefiting from price drops in the market.
  • 3. Prepayment Meter Tariff : British Gas' Pay as You Go tariff is perfect for businesses who prefer to pay for their energy upfront. With this option, businesses can conveniently top up their pay-as-you-go meter as needed, allowing for better management of their budget and business energy consumption. The benefits include full control over the business energy consumption, ensuring no surprises on the business energy bills, and providing peace of mind regarding your expenses.
  • 4. Green Tariffs : British Gas' Green Energy Tariffs are designed for those businesses who are seeking to lessen their environmental impact. These British Gas energy tariffs actively support renewable energy sources, allowing customers to contribute to environmental sustainability and decrease their carbon footprint. By opting for British Gas Green Energy Tariffs, you not only support cleaner energy but also play a part in fostering a more sustainable future for our planet.
  • 5. Business Electricity and Gas Contracts : For businesses, we offer a range of Business electric and gas contracts designed to meet the specific needs of the businesses. Whether a small startup or a large corporation, British Gas has energy solutions to help them manage costs and support your operations effectively. Compare Business Electricity Prices to get the best British gas electricity tariff or run a business gas comparison for the cheapest British Gas Energy Tariff for Gas, at Lloyd Energy, we will help businesses get the best business energy tariff price per kWh that is tailored as per the business needs.

British Gas Tariffs in 2024

British Gas Energy Tariffs in 2024 have risen once with the energy price cap. Like most energy companies in the UK, British Gas has to follow rules set by Ofgem about how much they can charge for their energy plans. These rules are called the energy price cap. It was introduced in early 2019 to make sure customers don't pay too much for their energy. The cap sets the highest price that British Gas Energy Tariffs can charge for their standard plans, which are usually the most expensive ones.

The cap keeps an eye on how much it costs companies to buy energy in bulk (wholesale prices) and then puts a limit on how much they can charge customers for it. British Gas energy tariff has generally priced its standard plan at around the same level as the cap since it started.

For a while, the cap didn't change much because the wholesale prices were steady. But in late 2021, these prices shot up, causing the cap to rise too.

As time went on, customers' cheaper British gas fixed tariffs came to an end. Since companies weren't offering new cheap plans to switch to, many customers ended up on the expensive standard plan. To help, the government introduced something called the Energy Price Guarantee. It set a maximum yearly cost of £2,500 for households using an average amount of energy and paying by direct debit. When the cap dropped to £2,074, it started influencing the prices of the standard plans again. Now, it's at £1,928 until March 31, 2024.

The table below shows how these rules have affected the prices of British Gas's standard plans over the years.

Period Price cap level Energy Price Guarantee level British Gas standard variable price
April 2019 - October 2019 £1,254 N/A £1,254
October 2019 - April 2020 £1,179 N/A £1,177
April 2020 - October 2020 £1,162 N/A £1,158
October 2020 - April 2021 £1,042 N/A £1,041
April 2021 - October 2021 £1,138 N/A £1,138
October 2021 - April 2022 £1,277 N/A £1,277
April 2022 - October 2022 £1,971 N/A £1,971
October 2022 - January 2023 £3,549 £2,500 N/A (SVT capped at £2,500 under EPG)
January 2023 - April 2023 £4,279 £2,500 N/A (SVT capped at £2,500 under EPG)
April 2023 - July 2023 £3,280 £2,500 N/A (SVT capped at £2,500 under EPG)
July 2023 - October 2023 £1,976 £3,000 £1,976
October 2023 - January 2024 £1,834 £3,000 £1,834
January 2024 - April 2024 £1,928 £3,000 £1,928

Why Choose British Gas?

  • • Reliability: As one of the leading energy suppliers, British Gas is committed to high service standards.
  • • Customer Service: British Gas offers comprehensive support through various channels—phone, email, and online click here.
  • • Smart Solutions: Get access to smart meters and energy-saving devices to help manage and reduce your energy usage.
  • • Rewards: Enjoy rewards and discounts on various services and products just for being a British Gas customer.

Switching to the British Gas Tariff

Switching to British Gas energy Tariff is straightforward:

  1. Get a quote online by providing your postcode and energy usage.
  2. Choose the business energy tariff that fits your needs.
  3. Let us handle the switch for you. We’ll communicate with your current provider and ensure a smooth transition.

At Lloyd Energy, fill in the contact form and we will several British gas energy tariffs for your business and help you switch to the best British Gas Energy Tariff suitable for your Business.

British Gas Fixed Price Deals and Tariffs

At the time of writing, British Gas fixed-price energy tariff is ‘The Fixed One v23.’ This deal fixes your energy prices for 12 months and uses 100% renewable electricity. While there is an exit fee if you leave, there are no exit fees if you switch to another British Gas fixed tariff.

Economy 7 and Economy 10 Tariffs

British Gas offers Economy 7, a British Gas energy tariff that allows you to benefit from cheaper business energy rates depending on the time of day/night you use energy. You’ll pay less per kWh for any energy used during the night. British Gas does not currently offer economy 10 tariffs.

Dual Fuel Tariffs

British Gas offers dual fuel tariffs, allowing you to get gas and electricity from the same supplier. This offers convenience, easier management of bills, and potential savings through dual fuel discounts.

Tariffs for Existing Customers

Existing British Gas customers can switch British Gas Energy tariffs quickly and easily online, with the process taking just 24 hours. Additionally, existing customers benefit from our Rewards customer benefits scheme, which includes discounts at high-street restaurants, on British Gas products, as well as giveaways and prize draws.

For more information or to get started with British Gas, visit our website or contact our customer service team. We're here to help you find the perfect energy solution for your home or business!

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