The table below shows average business electricity and gas prices in Swansea 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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Swansea 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 |
Swansea 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 |
Swansea Business Stats
The business statistics for Swansea come from the ONS.
Number of Businesses By Revenue in Swansea
| Annual Turnover (£000’s) | Number of Businesses | Percent of Total |
|---|---|---|
| 0-49 | 1325 | 18.61% |
| 50-99 | 1555 | 21.84% |
| 100-249 | 2225 | 31.25% |
| 250-499 | 940 | 13.2% |
| 500-999 | 510 | 7.16% |
| 1000-1999 | 275 | 3.86% |
| 2000-4999 | 170 | 2.39% |
| 5000-9999 | 55 | 0.77% |
| 10000-49999 | 50 | 0.7% |
| 50000+ | 15 | 0.21% |
Number of Businesses by Number of Employees in Swansea
| Number of Employees | Number of Businesses | Percent of Total |
|---|---|---|
| 0-4 | 5365 | 75.35% |
| 5-9 | 945 | 13.27% |
| 10-19 | 445 | 6.25% |
| 20-49 | 235 | 3.3% |
| 50-99 | 75 | 1.05% |
| 100-249 | 30 | 0.42% |
| 250+ | 25 | 0.35% |
Number of Businesses By Industry in Swansea
| Industry | Number of Businesses | Percent of Total |
|---|---|---|
| Agriculture, forestry & fishing | 220 | 3.09% |
| Production | 425 | 5.97% |
| Construction | 920 | 12.92% |
| Motor trades | 265 | 3.72% |
| Wholesale | 220 | 3.09% |
| Retail | 805 | 11.31% |
| Transport & Storage (inc postal) | 490 | 6.88% |
| Accommodation & food services | 655 | 9.2% |
| Information & communication | 335 | 4.71% |
| Finance & insurance | 135 | 1.9% |
| Property | 280 | 3.93% |
| Professional, scientific & technical | 805 | 11.31% |
| Business administration & support services | 615 | 8.64% |
| Public administration & defence | 15 | 0.21% |
| Education | 90 | 1.26% |
| Health | 300 | 4.21% |
| Arts, entertainment, recreation & other services | 545 | 7.65% |
Please note the stats above only include VAT and/or PAYE based enterprises.