The table below shows average business electricity and gas prices in Nottingham 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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Nottingham 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 |
Nottingham 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 |
Nottingham Business Stats
The business statistics for Nottingham come from the ONS.
Number of Businesses By Revenue in Nottingham
Annual Turnover (£000’s) | Number of Businesses | Percent of Total |
---|---|---|
0-49 | 1610 | 17.09% |
50-99 | 1925 | 20.44% |
100-249 | 2795 | 29.67% |
250-499 | 1260 | 13.38% |
500-999 | 740 | 7.86% |
1000-1999 | 460 | 4.88% |
2000-4999 | 330 | 3.5% |
5000-9999 | 125 | 1.33% |
10000-49999 | 130 | 1.38% |
50000+ | 45 | 0.48% |
Number of Businesses by Number of Employees in Nottingham
Number of Employees | Number of Businesses | Percent of Total |
---|---|---|
0-4 | 7015 | 74.47% |
5-9 | 1080 | 11.46% |
10-19 | 635 | 6.74% |
20-49 | 390 | 4.14% |
50-99 | 135 | 1.43% |
100-249 | 80 | 0.85% |
250+ | 85 | 0.9% |
Number of Businesses By Industry in Nottingham
Industry | Number of Businesses | Percent of Total |
---|---|---|
Agriculture, forestry & fishing | 10 | 0.11% |
Production | 600 | 6.37% |
Construction | 955 | 10.14% |
Motor trades | 325 | 3.45% |
Wholesale | 385 | 4.09% |
Retail | 865 | 9.18% |
Transport & Storage (inc postal) | 500 | 5.31% |
Accommodation & food services | 725 | 7.7% |
Information & communication | 595 | 6.32% |
Finance & insurance | 530 | 5.63% |
Property | 455 | 4.83% |
Professional, scientific & technical | 1385 | 15.22% |
Business administration & support services | 720 | 7.64% |
Public administration & defence | 5 | 0.05% |
Education | 215 | 2.28% |
Health | 550 | 5.84% |
Arts, entertainment, recreation & other services | 600 | 6.37% |
Please note the stats above only include VAT and/or PAYE based enterprises.