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.
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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.