The table below shows average business electricity and gas prices in Redbridge 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
Redbridge 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 |
Redbridge 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 |
Redbridge Business Stats
The business statistics for Redbridge come from the ONS.
Number of Businesses By Revenue in Redbridge
Annual Turnover (£000’s) | Number of Businesses | Percent of Total |
---|---|---|
0-49 | 1815 | 12.21% |
50-99 | 3835 | 25.8% |
100-249 | 5760 | 38.75% |
250-499 | 1840 | 12.38% |
500-999 | 915 | 6.16% |
1000-1999 | 395 | 2.66% |
2000-4999 | 185 | 1.24% |
5000-9999 | 65 | 0.44% |
10000-49999 | 50 | 0.34% |
50000+ | 5 | 0.03% |
Number of Businesses by Number of Employees in Redbridge
Number of Employees | Number of Businesses | Percent of Total |
---|---|---|
0-4 | 12990 | 87.36% |
5-9 | 1085 | 7.3% |
10-19 | 505 | 3.4% |
20-49 | 195 | 1.31% |
50-99 | 55 | 0.37% |
100-249 | 25 | 0.17% |
250+ | 15 | 0.1% |
Number of Businesses By Industry in Redbridge
Industry | Number of Businesses | Percent of Total |
---|---|---|
Agriculture, forestry & fishing | 15 | 0.1% |
Production | 410 | 2.76% |
Construction | 2560 | 17.22% |
Motor trades | 300 | 2.02% |
Wholesale | 535 | 3.6% |
Retail | 1495 | 10.06% |
Transport & Storage (inc postal) | 770 | 5.18% |
Accommodation & food services | 600 | 4.04% |
Information & communication | 1910 | 12.85% |
Finance & insurance | 170 | 1.14% |
Property | 710 | 4.78% |
Professional, scientific & technical | 2520 | 16.95% |
Business administration & support services | 1235 | 8.31% |
Public administration & defence | 0 | 0.0% |
Education | 290 | 1.95% |
Health | 670 | 4.51% |
Arts, entertainment, recreation & other services | 675 | 4.54% |
Please note the stats above only include VAT and/or PAYE based enterprises.