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Shetland Islands Business Electricity & Gas Prices

The table below shows average business electricity and gas prices in Shetland Islands 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

  • Shetland Islands Business Electricity Rates
  • Shetland Islands Business Gas Rates
  • Shetland Islands Business Stats
  • Number of Businesses By Revenue in Shetland Islands
  • Number of Businesses by Number of Employees in Shetland Islands
  • Number of Businesses By Industry in Shetland Islands

Shetland Islands 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

Shetland Islands 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

Shetland Islands Business Stats

The business statistics for Shetland Islands come from the ONS.

Number of Businesses By Revenue in Shetland Islands

Annual Turnover (£000’s) Number of Businesses Percent of Total
0-49 620 40.0%
50-99 255 16.45%
100-249 300 19.35%
250-499 155 10.0%
500-999 95 6.13%
1000-1999 60 3.87%
2000-4999 40 2.58%
5000-9999 10 0.65%
10000-49999 15 0.97%
50000+ 0 0.0%

Number of Businesses by Number of Employees in Shetland Islands

Number of Employees Number of Businesses Percent of Total
0-4 1215 78.64%
5-9 165 10.68%
10-19 90 5.83%
20-49 60 3.88%
50-99 10 0.65%
100-249 5 0.32%
250+ 0 0.0%

Number of Businesses By Industry in Shetland Islands

Industry Number of Businesses Percent of Total
Agriculture, forestry & fishing 690 44.66%
Production 95 6.15%
Construction 165 10.68%
Motor trades 25 1.62%
Wholesale 30 1.94%
Retail 85 5.5%
Transport & Storage (inc postal) 45 2.91%
Accommodation & food services 80 5.18%
Information & communication 25 1.62%
Finance & insurance 0 0.0%
Property 20 1.29%
Professional, scientific & technical 130 8.41%
Business administration & support services 60 3.88%
Public administration & defence 0 0.0%
Education 5 0.32%
Health 30 1.94%
Arts, entertainment, recreation & other services 60 3.88%

Please note the stats above only include VAT and/or PAYE based enterprises.

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