Business Electricity2026-07-19T11:52:26+01:00

Business electricity for UK SMEs and multi-site organisations

Business electricity that’s simpler to manage, from a direct UK supplier.

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A direct business electricity supplier for UK businesses

UGP supplies business electricity directly to UK companies, your contract is with the supplier, not a broker or comparison site. Every contract includes a named account manager, on fixed terms from one to five years, for organisations from a single meter to multi-site portfolios.

We supply business electricity and gas. We do not supply household energy.

Broker or direct supplier: which route is right for your business?

Some businesses use third-party brokers or consultants to manage energy procurement. Others prefer to work directly with a supplier. There is no single right answer, the right approach depends on your organisation’s size, procurement resource and how much ongoing account support you need.

UGP works with TPIs and consultants, if you work through a third party, your contract and account management remain directly with UGP.

Going direct may suit you if:
  • You want to deal with the company supplying your electricity rather than an intermediary
  • You want a named account manager who stays with your account after the switch
  • You need multi-site contract management handled by one team
  • You want clear visibility on how your contract has been structured and priced
When a broker may suit you:
  • You want to compare quotes from a wide range of suppliers at the same time
  • You do not have internal resource to manage the procurement process
  • You are procuring on behalf of a portfolio of clients or a group of businesses
  • Your requirements are complex enough to need specialist tender management

How business electricity rates are calculated

There is no single published rate for business electricity in the UK. Every quote is built around the details of your supply, which is why a single “p/kWh” figure rarely reflects what a business will actually pay once all components are included.

Wholesale electricity costs

Wholesale electricity is usually one of the largest components of your unit rate. It reflects the cost of buying electricity before it is supplied to your business. Wholesale costs can move with gas prices, electricity demand, generation output and wider market conditions. Fixed-term contracts are priced using market conditions at the point of quoting, helping lock in a rate for the length of the contract.

Network and distribution charges

Part of your electricity cost covers the network used to transmit and distribute electricity from generation to your meter. These network and distribution charges vary by region, meter type and supply characteristics. They are regulated costs that apply across suppliers, although how they appear in your quote or bill can depend on your contract structure.

Meter type and consumption profile

Your meter type affects how your electricity usage is measured and how your supply is priced. A half-hourly meter, smart meter or standard credit meter can all provide different levels of usage detail. Higher-consumption sites with half-hourly meters provide a more detailed consumption profile, which can help suppliers price the supply more accurately.

Contract length

Fixed-term contracts of 1 to 5 years lock in your unit rate for the duration of the contract. The right length depends on your usage pattern, renewal timing and budget planning cycle. Longer contracts can provide greater cost certainty, while shorter contracts may preserve more flexibility.

Credit profile

Your organisation’s credit profile can affect the contract terms available to you. UGP works with businesses across a range of circumstances and can advise on what is available based on your specific situation. See more about businesses with bad credit.

Renewable energy

REGO-backed renewable electricity tariffs are available across UGP contracts. REGO certificates confirm that electricity has been generated from renewable sources. The cost difference between renewable and standard electricity can vary, so your account manager can include renewable electricity as part of your quote and explain the options available.

How switching to UGP works

Switching business electricity supplier is an administrative process, your supply stays on throughout. Your network operator continues delivering electricity exactly as before.

We agree your contract

When you’re happy with your new business energy quotation, terms and conditions, your account manager will agree your new contact with you, for a period of 1 – 5 years.

You sign and return

We’ll send you a few simple documents to sign and return that will hand over the authority to act on your behalf to UGP.

We contact your existing supplier

We’ll contact your existing supplier to arrange termination of your existing contract and to begin the transfer of supply over to UGP. We’ll also deal with any outstanding issues on your account if you have any.

Your supply transfers to UGP

Once the transfer of your supply has been agreed, we’ll confirm your start date with United Gas & Power and send you a welcome pack with everything you need to know about your new supplier and contract.

Ready to switch? Get your quote and we’ll handle the rest

Business electricity:

Frequently asked questions

What should I compare when choosing a business electricity supplier?2026-06-03T10:38:04+01:00

Look at the total annual cost, standing charge, contract length, payment terms, billing clarity and the support available after you switch. It’s also worth checking how the supplier handles meter queries, renewal dates and account management, especially if your business has more than one site or meter.

Can a small business switch electricity supplier easily?2026-06-03T10:36:33+01:00

Yes. A small business can switch electricity supplier with minimal admin when the right contract details, meter information and end date are ready. A recent bill is usually the easiest starting point because it helps confirm your usage, supplier and meter details.

Will switching business electricity suppliers interrupt my supply?2026-06-03T10:36:08+01:00

No, switching business electricity supplier shouldn’t interrupt your supply when the transfer is managed correctly. Your electricity supply stays connected while the supplier transfer is arranged in the background.

What information do I need for a business electricity quote?2026-06-03T10:35:42+01:00

A recent bill is helpful because it includes your usage, meter details, current supplier and contract information. You may also need your business address, contract end date and estimated annual electricity usage if a recent bill is not available.

Can UGP support larger or multi-site businesses with electricity?2026-06-03T10:33:44+01:00

Yes. UGP can support businesses with multiple meters or sites, with account support to help manage contract dates, billing and queries. This can be useful for businesses that need clearer visibility across different premises, renewal dates or electricity accounts.

What contract lengths are available?2026-06-29T10:15:48+01:00

UGP offers fixed-term contracts from 1 to 5 years. The right length depends on your usage, renewal timing and budget planning cycle. For multi-site portfolios, we align contract end dates across all meters as part of the initial agreement.

Need further assistance?

Our support team is here to assist with anything else you need.