The table below shows average business electricity and gas prices in Newport 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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Newport 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 |
Newport 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 |
Newport Business Stats
The business statistics for Newport come from the ONS.
Number of Businesses By Revenue in Newport
Annual Turnover (£000’s) | Number of Businesses | Percent of Total |
---|---|---|
0-49 | 705 | 15.49% |
50-99 | 1180 | 25.93% |
100-249 | 1455 | 31.98% |
250-499 | 555 | 12.2% |
500-999 | 280 | 6.15% |
1000-1999 | 165 | 3.63% |
2000-4999 | 115 | 2.53% |
5000-9999 | 40 | 0.88% |
10000-49999 | 30 | 0.66% |
50000+ | 25 | 0.55% |
Number of Businesses by Number of Employees in Newport
Number of Employees | Number of Businesses | Percent of Total |
---|---|---|
0-4 | 3525 | 77.47% |
5-9 | 545 | 11.98% |
10-19 | 235 | 5.16% |
20-49 | 145 | 3.19% |
50-99 | 55 | 1.21% |
100-249 | 20 | 0.44% |
250+ | 25 | 0.55% |
Number of Businesses By Industry in Newport
Industry | Number of Businesses | Percent of Total |
---|---|---|
Agriculture, forestry & fishing | 95 | 2.09% |
Production | 265 | 5.82% |
Construction | 550 | 12.09% |
Motor trades | 165 | 3.63% |
Wholesale | 140 | 3.08% |
Retail | 385 | 8.46% |
Transport & Storage (inc postal) | 535 | 11.76% |
Accommodation & food services | 400 | 8.79% |
Information & communication | 235 | 5.16% |
Finance & insurance | 110 | 2.42% |
Property | 145 | 3.19% |
Professional, scientific & technical | 585 | 12.86% |
Business administration & support services | 365 | 8.02% |
Public administration & defence | 10 | 0.22% |
Education | 65 | 1.43% |
Health | 190 | 4.18% |
Arts, entertainment, recreation & other services | 310 | 6.81% |
Please note the stats above only include VAT and/or PAYE based enterprises.