The table below shows average business electricity and gas prices in Oxford 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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Oxford 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 |
Oxford 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 |
Oxford Business Stats
The business statistics for Oxford come from the ONS.
Number of Businesses By Revenue in Oxford
| Annual Turnover (£000’s) | Number of Businesses | Percent of Total |
|---|---|---|
| 0-49 | 745 | 15.16% |
| 50-99 | 995 | 20.24% |
| 100-249 | 1490 | 30.32% |
| 250-499 | 680 | 13.84% |
| 500-999 | 435 | 8.85% |
| 1000-1999 | 225 | 4.58% |
| 2000-4999 | 165 | 3.36% |
| 5000-9999 | 70 | 1.42% |
| 10000-49999 | 80 | 1.63% |
| 50000+ | 30 | 0.61% |
Number of Businesses by Number of Employees in Oxford
| Number of Employees | Number of Businesses | Percent of Total |
|---|---|---|
| 0-4 | 3525 | 71.72% |
| 5-9 | 625 | 12.72% |
| 10-19 | 365 | 7.43% |
| 20-49 | 210 | 4.27% |
| 50-99 | 85 | 1.73% |
| 100-249 | 65 | 1.32% |
| 250+ | 40 | 0.81% |
Number of Businesses By Industry in Oxford
| Industry | Number of Businesses | Percent of Total |
|---|---|---|
| Agriculture, forestry & fishing | 20 | 0.41% |
| Production | 140 | 2.85% |
| Construction | 370 | 7.53% |
| Motor trades | 60 | 1.22% |
| Wholesale | 125 | 2.54% |
| Retail | 350 | 7.12% |
| Transport & Storage (inc postal) | 110 | 2.24% |
| Accommodation & food services | 405 | 8.24% |
| Information & communication | 580 | 11.8% |
| Finance & insurance | 80 | 1.63% |
| Property | 205 | 4.17% |
| Professional, scientific & technical | 1115 | 22.69% |
| Business administration & support services | 360 | 7.32% |
| Public administration & defence | 5 | 0.1% |
| Education | 220 | 4.48% |
| Health | 335 | 6.82% |
| Arts, entertainment, recreation & other services | 435 | 8.85% |
Please note the stats above only include VAT and/or PAYE based enterprises.