The table below shows average business electricity and gas prices in Colchester 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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Colchester 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 |
Colchester 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 |
Colchester Business Stats
The business statistics for Colchester come from the ONS.
Number of Businesses By Revenue in Colchester
| Annual Turnover (£000’s) | Number of Businesses | Percent of Total |
|---|---|---|
| 0-49 | 1070 | 14.24% |
| 50-99 | 1775 | 23.62% |
| 100-249 | 2425 | 32.27% |
| 250-499 | 965 | 12.84% |
| 500-999 | 545 | 7.25% |
| 1000-1999 | 320 | 4.26% |
| 2000-4999 | 220 | 2.93% |
| 5000-9999 | 100 | 1.33% |
| 10000-49999 | 80 | 1.06% |
| 50000+ | 15 | 0.2% |
Number of Businesses by Number of Employees in Colchester
| Number of Employees | Number of Businesses | Percent of Total |
|---|---|---|
| 0-4 | 5880 | 78.24% |
| 5-9 | 805 | 10.71% |
| 10-19 | 445 | 5.92% |
| 20-49 | 235 | 3.13% |
| 50-99 | 75 | 1.0% |
| 100-249 | 45 | 0.6% |
| 250+ | 30 | 0.4% |
Number of Businesses By Industry in Colchester
| Industry | Number of Businesses | Percent of Total |
|---|---|---|
| Agriculture, forestry & fishing | 235 | 3.13% |
| Production | 390 | 5.19% |
| Construction | 1285 | 17.1% |
| Motor trades | 270 | 3.59% |
| Wholesale | 260 | 3.46% |
| Retail | 465 | 6.19% |
| Transport & Storage (inc postal) | 390 | 5.19% |
| Accommodation & food services | 405 | 5.39% |
| Information & communication | 525 | 6.99% |
| Finance & insurance | 185 | 2.46% |
| Property | 325 | 4.32% |
| Professional, scientific & technical | 1150 | 15.3% |
| Business administration & support services | 640 | 8.52% |
| Public administration & defence | 30 | 0.4% |
| Education | 150 | 2.0% |
| Health | 375 | 4.99% |
| Arts, entertainment, recreation & other services | 435 | 5.79% |
Please note the stats above only include VAT and/or PAYE based enterprises.