The table below shows average business electricity and gas prices in Hertfordshire 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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Hertfordshire 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 |
Hertfordshire 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 |
Hertfordshire Business Stats
The business statistics for Hertfordshire come from the ONS.
Number of Businesses By Revenue in Hertfordshire
| Annual Turnover (£000’s) | Number of Businesses | Percent of Total |
|---|---|---|
| 0-49 | 8700 | 13.84% |
| 50-99 | 14405 | 22.91% |
| 100-249 | 21570 | 34.31% |
| 250-499 | 7715 | 12.27% |
| 500-999 | 4455 | 7.09% |
| 1000-1999 | 2550 | 4.06% |
| 2000-4999 | 1750 | 2.78% |
| 5000-9999 | 775 | 1.23% |
| 10000-49999 | 700 | 1.11% |
| 50000+ | 255 | 0.41% |
Number of Businesses by Number of Employees in Hertfordshire
| Number of Employees | Number of Businesses | Percent of Total |
|---|---|---|
| 0-4 | 51400 | 81.76% |
| 5-9 | 5910 | 9.4% |
| 10-19 | 2940 | 4.68% |
| 20-49 | 1515 | 2.41% |
| 50-99 | 525 | 0.84% |
| 100-249 | 320 | 0.51% |
| 250+ | 260 | 0.41% |
Number of Businesses By Industry in Hertfordshire
| Industry | Number of Businesses | Percent of Total |
|---|---|---|
| Agriculture, forestry & fishing | 755 | 1.2% |
| Production | 2950 | 4.69% |
| Construction | 9460 | 15.05% |
| Motor trades | 1540 | 2.45% |
| Wholesale | 2765 | 4.4% |
| Retail | 4340 | 6.9% |
| Transport & Storage (inc postal) | 2310 | 3.67% |
| Accommodation & food services | 2470 | 3.93% |
| Information & communication | 6980 | 11.1% |
| Finance & insurance | 1450 | 2.31% |
| Property | 2625 | 4.18% |
| Professional, scientific & technical | 12490 | 19.87% |
| Business administration & support services | 5715 | 9.09% |
| Public administration & defence | 100 | 0.16% |
| Education | 1090 | 1.73% |
| Health | 2160 | 3.44% |
| Arts, entertainment, recreation & other services | 3670 | 5.84% |
Please note the stats above only include VAT and/or PAYE based enterprises.