The table below shows average business electricity and gas prices in Lambeth 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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Lambeth 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 |
Lambeth 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 |
Lambeth Business Stats
The business statistics for Lambeth come from the ONS.
Number of Businesses By Revenue in Lambeth
| Annual Turnover (£000’s) | Number of Businesses | Percent of Total |
|---|---|---|
| 0-49 | 2095 | 15.0% |
| 50-99 | 3360 | 24.05% |
| 100-249 | 4830 | 34.57% |
| 250-499 | 1685 | 12.06% |
| 500-999 | 895 | 6.41% |
| 1000-1999 | 490 | 3.51% |
| 2000-4999 | 315 | 2.25% |
| 5000-9999 | 135 | 0.97% |
| 10000-49999 | 125 | 0.89% |
| 50000+ | 40 | 0.29% |
Number of Businesses by Number of Employees in Lambeth
| Number of Employees | Number of Businesses | Percent of Total |
|---|---|---|
| 0-4 | 11530 | 82.53% |
| 5-9 | 1160 | 8.3% |
| 10-19 | 695 | 4.97% |
| 20-49 | 380 | 2.72% |
| 50-99 | 105 | 0.75% |
| 100-249 | 60 | 0.43% |
| 250+ | 40 | 0.29% |
Number of Businesses By Industry in Lambeth
| Industry | Number of Businesses | Percent of Total |
|---|---|---|
| Agriculture, forestry & fishing | 15 | 0.11% |
| Production | 420 | 3.01% |
| Construction | 985 | 7.05% |
| Motor trades | 130 | 0.93% |
| Wholesale | 355 | 2.54% |
| Retail | 1035 | 7.41% |
| Transport & Storage (inc postal) | 345 | 2.47% |
| Accommodation & food services | 965 | 6.91% |
| Information & communication | 2045 | 14.64% |
| Finance & insurance | 160 | 1.15% |
| Property | 545 | 3.9% |
| Professional, scientific & technical | 3355 | 24.02% |
| Business administration & support services | 1500 | 10.74% |
| Public administration & defence | 5 | 0.04% |
| Education | 260 | 1.86% |
| Health | 580 | 4.15% |
| Arts, entertainment, recreation & other services | 1270 | 9.09% |
Please note the stats above only include VAT and/or PAYE based enterprises.