The table below shows average business electricity and gas prices in Monmouthshire 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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Monmouthshire 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 |
Monmouthshire 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 |
Monmouthshire Business Stats
The business statistics for Monmouthshire come from the ONS.
Number of Businesses By Revenue in Monmouthshire
| Annual Turnover (£000’s) | Number of Businesses | Percent of Total |
|---|---|---|
| 0-49 | 900 | 20.04% |
| 50-99 | 945 | 21.05% |
| 100-249 | 1475 | 32.85% |
| 250-499 | 555 | 12.36% |
| 500-999 | 310 | 6.9% |
| 1000-1999 | 135 | 3.01% |
| 2000-4999 | 90 | 2.0% |
| 5000-9999 | 40 | 0.89% |
| 10000-49999 | 35 | 0.78% |
| 50000+ | 5 | 0.11% |
Number of Businesses by Number of Employees in Monmouthshire
| Number of Employees | Number of Businesses | Percent of Total |
|---|---|---|
| 0-4 | 3565 | 79.4% |
| 5-9 | 540 | 12.03% |
| 10-19 | 210 | 4.68% |
| 20-49 | 110 | 2.45% |
| 50-99 | 35 | 0.78% |
| 100-249 | 20 | 0.45% |
| 250+ | 10 | 0.22% |
Number of Businesses By Industry in Monmouthshire
| Industry | Number of Businesses | Percent of Total |
|---|---|---|
| Agriculture, forestry & fishing | 695 | 15.48% |
| Production | 240 | 5.35% |
| Construction | 470 | 10.47% |
| Motor trades | 135 | 3.01% |
| Wholesale | 135 | 3.01% |
| Retail | 270 | 6.01% |
| Transport & Storage (inc postal) | 165 | 3.67% |
| Accommodation & food services | 295 | 6.57% |
| Information & communication | 285 | 6.35% |
| Finance & insurance | 60 | 1.34% |
| Property | 140 | 3.12% |
| Professional, scientific & technical | 745 | 16.59% |
| Business administration & support services | 325 | 7.24% |
| Public administration & defence | 30 | 0.67% |
| Education | 60 | 1.34% |
| Health | 180 | 4.01% |
| Arts, entertainment, recreation & other services | 260 | 5.79% |
Please note the stats above only include VAT and/or PAYE based enterprises.