The table below shows average business electricity and gas prices in Shetland Islands based on energy consumption.
In 2021, the average price for business electricity across the UK was 15.08 p/kWh (incl CCL). The average price for business gas was 3.073 p/kWh (incl CCL). The data comes from Gov.uk.
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Shetland Islands Business Electricity Rates
| Business Size | Annual Consumption | Average Electricity Unit Cost (incl CCL) |
| Very Small | Under 20,000 kWh | 17.99 p/kWh |
| Small | 20,000 – 499,000 kWh | 16.25 p/kWh |
| Small / Medium | 500,000 – 1,999,000 kWh | 15.75 p/kWh |
| Medium | 2,000,000 – 19,999,000 kWh | 14.30 p/kWh |
| Large | 20,000,000 – 69,999,000 kWh | 14.08 p/kWh |
| Very Large | 70,000,000 – 150,000,000 kWh | 13.84 p/kWh |
| Extra Large | Over 150,000,000 kWh | 14.18 p/kWh |
Shetland Islands Business Gas Rates
| Business Size | Annual Consumption | Average Gas Unit Cost (incl CCL) |
| Very Small | Under 278,000 kWh | 4.842 p/kWh |
| Small | 278,000 – 2,777,000 kWh | 3.012 p/kWh |
| Medium | 2,778,000 – 27,777,000 kWh | 3.048 p/kWh |
| Large | 27,778,000 – 277,777,000 kWh | 2.486 p/kWh |
| Very Large | Over 277,778,000 kWh | 2.592 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.