The table below shows average business electricity and gas prices in Lincoln 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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Lincoln 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 |
Lincoln 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 |
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.