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Medway Business Electricity & Gas Prices

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

Topics

  • Medway Business Electricity Rates
  • Medway Business Gas Rates
  • Medway Business Stats
  • Number of Businesses By Revenue in Medway
  • Number of Businesses by Number of Employees in Medway
  • Number of Businesses By Industry in Medway

Medway 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

Medway 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

Medway Business Stats

The business statistics for Medway come from the ONS.

Number of Businesses By Revenue in Medway

Annual Turnover (£000’s) Number of Businesses Percent of Total
0-49 1200 13.05%
50-99 2340 25.45%
100-249 3000 32.63%
250-499 1225 13.32%
500-999 675 7.34%
1000-1999 335 3.64%
2000-4999 240 2.61%
5000-9999 80 0.87%
10000-49999 85 0.92%
50000+ 15 0.16%

Number of Businesses by Number of Employees in Medway

Number of Employees Number of Businesses Percent of Total
0-4 7440 80.91%
5-9 940 10.22%
10-19 460 5.0%
20-49 215 2.34%
50-99 60 0.65%
100-249 50 0.54%
250+ 30 0.33%

Number of Businesses By Industry in Medway

Industry Number of Businesses Percent of Total
Agriculture, forestry & fishing 70 0.76%
Production 515 5.6%
Construction 2115 23.0%
Motor trades 270 2.94%
Wholesale 300 3.26%
Retail 815 8.86%
Transport & Storage (inc postal) 740 8.05%
Accommodation & food services 520 5.66%
Information & communication 530 5.76%
Finance & insurance 120 1.31%
Property 235 2.56%
Professional, scientific & technical 1185 12.89%
Business administration & support services 755 8.21%
Public administration & defence 15 0.16%
Education 165 1.79%
Health 380 4.13%
Arts, entertainment, recreation & other services 465 5.06%

Please note the stats above only include VAT and/or PAYE based enterprises.

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