The table below shows average business electricity and gas prices in Belfast 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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Belfast 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 |
Belfast 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 |
Belfast Business Stats
The business statistics for Belfast come from the ONS.
Number of Businesses By Revenue in Belfast
| Annual Turnover (£000’s) | Number of Businesses | Percent of Total |
|---|---|---|
| 0-49 | 1335 | 12.48% |
| 50-99 | 1975 | 18.46% |
| 100-249 | 3085 | 28.83% |
| 250-499 | 1585 | 14.81% |
| 500-999 | 1080 | 10.09% |
| 1000-1999 | 635 | 5.93% |
| 2000-4999 | 530 | 4.95% |
| 5000-9999 | 210 | 1.96% |
| 10000-49999 | 205 | 1.92% |
| 50000+ | 60 | 0.56% |
Number of Businesses by Number of Employees in Belfast
| Number of Employees | Number of Businesses | Percent of Total |
|---|---|---|
| 0-4 | 7310 | 68.32% |
| 5-9 | 1480 | 13.83% |
| 10-19 | 865 | 8.08% |
| 20-49 | 625 | 5.84% |
| 50-99 | 200 | 1.87% |
| 100-249 | 135 | 1.26% |
| 250+ | 85 | 0.79% |
Number of Businesses By Industry in Belfast
| Industry | Number of Businesses | Percent of Total |
|---|---|---|
| Agriculture, forestry & fishing | 45 | 0.42% |
| Production | 600 | 5.61% |
| Construction | 860 | 8.04% |
| Motor trades | 200 | 1.87% |
| Wholesale | 435 | 4.07% |
| Retail | 1005 | 9.39% |
| Transport & Storage (inc postal) | 485 | 4.53% |
| Accommodation & food services | 975 | 9.11% |
| Information & communication | 810 | 7.57% |
| Finance & insurance | 380 | 3.55% |
| Property | 580 | 5.42% |
| Professional, scientific & technical | 1775 | 16.59% |
| Business administration & support services | 585 | 5.47% |
| Public administration & defence | 25 | 0.23% |
| Education | 190 | 1.78% |
| Health | 735 | 6.87% |
| Arts, entertainment, recreation & other services | 1015 | 9.49% |
Please note the stats above only include VAT and/or PAYE based enterprises.