The table below shows average business electricity and gas prices in Lincoln 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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Lincoln 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 |
Lincoln 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 |
Lincoln Business Stats
The business statistics for Lincoln come from the ONS.
Number of Businesses By Revenue in Lincoln
Annual Turnover (£000’s) | Number of Businesses | Percent of Total |
---|---|---|
0-49 | 305 | 11.6% |
50-99 | 600 | 22.81% |
100-249 | 870 | 33.08% |
250-499 | 355 | 13.5% |
500-999 | 220 | 8.37% |
1000-1999 | 120 | 4.56% |
2000-4999 | 95 | 3.61% |
5000-9999 | 30 | 1.14% |
10000-49999 | 25 | 0.95% |
50000+ | 10 | 0.38% |
Number of Businesses by Number of Employees in Lincoln
Number of Employees | Number of Businesses | Percent of Total |
---|---|---|
0-4 | 1885 | 71.67% |
5-9 | 360 | 13.69% |
10-19 | 185 | 7.03% |
20-49 | 125 | 4.75% |
50-99 | 25 | 0.95% |
100-249 | 25 | 0.95% |
250+ | 25 | 0.95% |
Number of Businesses By Industry in Lincoln
Industry | Number of Businesses | Percent of Total |
---|---|---|
Agriculture, forestry & fishing | 20 | 0.76% |
Production | 140 | 5.32% |
Construction | 395 | 15.02% |
Motor trades | 125 | 4.75% |
Wholesale | 80 | 3.04% |
Retail | 250 | 9.51% |
Transport & Storage (inc postal) | 115 | 4.37% |
Accommodation & food services | 265 | 10.08% |
Information & communication | 125 | 4.75% |
Finance & insurance | 45 | 1.71% |
Property | 125 | 4.75% |
Professional, scientific & technical | 335 | 12.74% |
Business administration & support services | 215 | 8.17% |
Public administration & defence | 5 | 0.19% |
Education | 60 | 2.28% |
Health | 140 | 5.32% |
Arts, entertainment, recreation & other services | 190 | 7.22% |
Please note the stats above only include VAT and/or PAYE based enterprises.