The table below shows average business electricity and gas prices in Barnet based on energy consumption.
In Q3 2022, the average price for business electricity across the UK was 22.25 p/kWh (incl CCL). The average price for business gas was 6.74 p/kWh (incl CCL). The data comes from Gov.uk.
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Barnet Business Electricity Rates
| Business Size | Annual Consumption | Average Electricity Unit Cost (incl CCL) |
| Very Small | Under 20,000 kWh | 25.27 p/kWh |
| Small | 20,000 – 499,000 kWh | 25.00 p/kWh |
| Small / Medium | 500,000 – 1,999,000 kWh | 25.13 p/kWh |
| Medium | 2,000,000 – 19,999,000 kWh | 20.94 p/kWh |
| Large | 20,000,000 – 69,999,000 kWh | 19.92 p/kWh |
| Very Large | 70,000,000 – 150,000,000 kWh | 21.19 p/kWh |
| Extra Large | Over 150,000,000 kWh | 20.99 p/kWh |
Barnet Business Gas Rates
| Business Size | Annual Consumption | Average Gas Unit Cost (incl CCL) |
| Very Small | Under 278,000 kWh | 10.59 p/kWh |
| Small | 278,000 – 2,777,000 kWh | 5.68 p/kWh |
| Medium | 2,778,000 – 27,777,000 kWh | 5.70 p/kWh |
| Large | 27,778,000 – 277,777,000 kWh | 6.26 p/kWh |
| Very Large | Over 277,778,000 kWh | 6.39 p/kWh |
Barnet Business Stats
The business statistics for Barnet come from the ONS.
Number of Businesses By Revenue in Barnet
| Annual Turnover (£000’s) | Number of Businesses | Percent of Total |
|---|---|---|
| 0-49 | 3725 | 14.42% |
| 50-99 | 5765 | 22.31% |
| 100-249 | 9750 | 37.73% |
| 250-499 | 3290 | 12.73% |
| 500-999 | 1685 | 6.52% |
| 1000-1999 | 805 | 3.12% |
| 2000-4999 | 520 | 2.01% |
| 5000-9999 | 170 | 0.66% |
| 10000-49999 | 100 | 0.39% |
| 50000+ | 30 | 0.12% |
Number of Businesses by Number of Employees in Barnet
| Number of Employees | Number of Businesses | Percent of Total |
|---|---|---|
| 0-4 | 22385 | 86.65% |
| 5-9 | 1995 | 7.72% |
| 10-19 | 845 | 3.27% |
| 20-49 | 370 | 1.43% |
| 50-99 | 125 | 0.48% |
| 100-249 | 85 | 0.33% |
| 250+ | 30 | 0.12% |
Number of Businesses By Industry in Barnet
| Industry | Number of Businesses | Percent of Total |
|---|---|---|
| Agriculture, forestry & fishing | 40 | 0.15% |
| Production | 650 | 2.52% |
| Construction | 3610 | 13.97% |
| Motor trades | 355 | 1.37% |
| Wholesale | 1195 | 4.62% |
| Retail | 3060 | 11.84% |
| Transport & Storage (inc postal) | 760 | 2.94% |
| Accommodation & food services | 930 | 3.6% |
| Information & communication | 2460 | 9.52% |
| Finance & insurance | 480 | 1.86% |
| Property | 2195 | 8.49% |
| Professional, scientific & technical | 4850 | 18.77% |
| Business administration & support services | 2195 | 8.49% |
| Public administration & defence | 5 | 0.02% |
| Education | 470 | 1.82% |
| Health | 1110 | 4.3% |
| Arts, entertainment, recreation & other services | 1475 | 5.71% |
Please note the stats above only include VAT and/or PAYE based enterprises.