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Somerset Business Electricity & Gas Prices

The table below shows average business electricity and gas prices in Somerset 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

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

Somerset 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

Somerset 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

Somerset Business Stats

The business statistics for Somerset come from the ONS.

Number of Businesses By Revenue in Somerset

Annual Turnover (£000’s) Number of Businesses Percent of Total
0-49 4700 18.84%
50-99 5470 21.93%
100-249 7770 31.15%
250-499 3315 13.29%
500-999 1790 7.18%
1000-1999 915 3.67%
2000-4999 610 2.45%
5000-9999 190 0.76%
10000-49999 155 0.62%
50000+ 30 0.12%

Number of Businesses by Number of Employees in Somerset

Number of Employees Number of Businesses Percent of Total
0-4 19645 78.75%
5-9 2835 11.37%
10-19 1330 5.33%
20-49 750 3.01%
50-99 225 0.9%
100-249 100 0.4%
250+ 60 0.24%

Number of Businesses By Industry in Somerset

Industry Number of Businesses Percent of Total
Agriculture, forestry & fishing 3530 14.15%
Production 1815 7.28%
Construction 3440 13.79%
Motor trades 905 3.63%
Wholesale 795 3.19%
Retail 1595 6.39%
Transport & Storage (inc postal) 920 3.69%
Accommodation & food services 1540 6.17%
Information & communication 1215 4.87%
Finance & insurance 400 1.6%
Property 860 3.45%
Professional, scientific & technical 3290 13.19%
Business administration & support services 1755 7.04%
Public administration & defence 205 0.82%
Education 385 1.54%
Health 815 3.27%
Arts, entertainment, recreation & other services 1480 5.93%

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

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