The table below shows average business electricity and gas prices in Fife 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.
Topics
Fife 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 |
Fife 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 |
Fife Business Stats
The business statistics for Fife come from the ONS.
Number of Businesses By Revenue in Fife
| Annual Turnover (£000’s) | Number of Businesses | Percent of Total |
|---|---|---|
| 0-49 | 1255 | 13.16% |
| 50-99 | 2180 | 22.86% |
| 100-249 | 3230 | 33.88% |
| 250-499 | 1310 | 13.74% |
| 500-999 | 740 | 7.76% |
| 1000-1999 | 360 | 3.78% |
| 2000-4999 | 260 | 2.73% |
| 5000-9999 | 105 | 1.1% |
| 10000-49999 | 75 | 0.79% |
| 50000+ | 20 | 0.21% |
Number of Businesses by Number of Employees in Fife
| Number of Employees | Number of Businesses | Percent of Total |
|---|---|---|
| 0-4 | 7060 | 74.04% |
| 5-9 | 1365 | 14.32% |
| 10-19 | 595 | 6.24% |
| 20-49 | 340 | 3.57% |
| 50-99 | 100 | 1.05% |
| 100-249 | 40 | 0.42% |
| 250+ | 35 | 0.37% |
Number of Businesses By Industry in Fife
| Industry | Number of Businesses | Percent of Total |
|---|---|---|
| Agriculture, forestry & fishing | 610 | 6.4% |
| Production | 750 | 7.87% |
| Construction | 1310 | 13.74% |
| Motor trades | 340 | 3.57% |
| Wholesale | 285 | 2.99% |
| Retail | 805 | 8.44% |
| Transport & Storage (inc postal) | 435 | 4.56% |
| Accommodation & food services | 780 | 8.18% |
| Information & communication | 450 | 4.72% |
| Finance & insurance | 125 | 1.31% |
| Property | 275 | 2.88% |
| Professional, scientific & technical | 1460 | 15.31% |
| Business administration & support services | 735 | 7.71% |
| Public administration & defence | 5 | 0.05% |
| Education | 100 | 1.05% |
| Health | 335 | 3.51% |
| Arts, entertainment, recreation & other services | 735 | 7.71% |
Please note the stats above only include VAT and/or PAYE based enterprises.