The table below shows average business electricity and gas prices in Inner London based on energy consumption.
In 2021, the average price for business electricity across the UK was 15.08 p/kWh (incl CCL). The average price for business gas was 3.073 p/kWh (incl CCL). The data comes from Gov.uk.
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Inner London Business Electricity Rates
| Business Size | Annual Consumption | Average Electricity Unit Cost (incl CCL) |
| Very Small | Under 20,000 kWh | 17.99 p/kWh |
| Small | 20,000 – 499,000 kWh | 16.25 p/kWh |
| Small / Medium | 500,000 – 1,999,000 kWh | 15.75 p/kWh |
| Medium | 2,000,000 – 19,999,000 kWh | 14.30 p/kWh |
| Large | 20,000,000 – 69,999,000 kWh | 14.08 p/kWh |
| Very Large | 70,000,000 – 150,000,000 kWh | 13.84 p/kWh |
| Extra Large | Over 150,000,000 kWh | 14.18 p/kWh |
Inner London Business Gas Rates
| Business Size | Annual Consumption | Average Gas Unit Cost (incl CCL) |
| Very Small | Under 278,000 kWh | 4.842 p/kWh |
| Small | 278,000 – 2,777,000 kWh | 3.012 p/kWh |
| Medium | 2,778,000 – 27,777,000 kWh | 3.048 p/kWh |
| Large | 27,778,000 – 277,777,000 kWh | 2.486 p/kWh |
| Very Large | Over 277,778,000 kWh | 2.592 p/kWh |
Inner London Business Stats
The business statistics for Inner London come from the ONS.
Number of Businesses By Revenue in Inner London
| Annual Turnover (£000’s) | Number of Businesses | Percent of Total |
|---|---|---|
| 0-49 | 43605 | 15.61% |
| 50-99 | 53745 | 19.24% |
| 100-249 | 87190 | 31.21% |
| 250-499 | 35620 | 12.75% |
| 500-999 | 22375 | 8.01% |
| 1000-1999 | 14350 | 5.14% |
| 2000-4999 | 10865 | 3.89% |
| 5000-9999 | 4630 | 1.66% |
| 10000-49999 | 4850 | 1.74% |
| 50000+ | 2110 | 0.76% |
Number of Businesses by Number of Employees in Inner London
| Number of Employees | Number of Businesses | Percent of Total |
|---|---|---|
| 0-4 | 219640 | 78.63% |
| 5-9 | 28005 | 10.03% |
| 10-19 | 16150 | 5.78% |
| 20-49 | 8685 | 3.11% |
| 50-99 | 3355 | 1.2% |
| 100-249 | 1960 | 0.7% |
| 250+ | 1545 | 0.55% |
Number of Businesses By Industry in Inner London
| Industry | Number of Businesses | Percent of Total |
|---|---|---|
| Agriculture, forestry & fishing | 395 | 0.14% |
| Production | 9065 | 3.25% |
| Construction | 18220 | 6.52% |
| Motor trades | 1825 | 0.65% |
| Wholesale | 9690 | 3.47% |
| Retail | 21710 | 7.77% |
| Transport & Storage (inc postal) | 5910 | 2.12% |
| Accommodation & food services | 13855 | 4.96% |
| Information & communication | 38040 | 13.62% |
| Finance & insurance | 12105 | 4.33% |
| Property | 15405 | 5.51% |
| Professional, scientific & technical | 70390 | 25.2% |
| Business administration & support services | 27565 | 9.87% |
| Public administration & defence | 85 | 0.03% |
| Education | 4835 | 1.73% |
| Health | 8685 | 3.11% |
| Arts, entertainment, recreation & other services | 21560 | 7.72% |
Please note the stats above only include VAT and/or PAYE based enterprises.