The table below shows average business electricity and gas prices in Torridge 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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Torridge 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 |
Torridge 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 |
Torridge Business Stats
The business statistics for Torridge come from the ONS.
Number of Businesses By Revenue in Torridge
| Annual Turnover (£000’s) | Number of Businesses | Percent of Total |
|---|---|---|
| 0-49 | 915 | 24.47% |
| 50-99 | 885 | 23.66% |
| 100-249 | 990 | 26.47% |
| 250-499 | 455 | 12.17% |
| 500-999 | 250 | 6.68% |
| 1000-1999 | 140 | 3.74% |
| 2000-4999 | 60 | 1.6% |
| 5000-9999 | 30 | 0.8% |
| 10000-49999 | 15 | 0.4% |
| 50000+ | 0 | 0.0% |
Number of Businesses by Number of Employees in Torridge
| Number of Employees | Number of Businesses | Percent of Total |
|---|---|---|
| 0-4 | 2995 | 80.08% |
| 5-9 | 445 | 11.9% |
| 10-19 | 155 | 4.14% |
| 20-49 | 95 | 2.54% |
| 50-99 | 30 | 0.8% |
| 100-249 | 15 | 0.4% |
| 250+ | 5 | 0.13% |
Number of Businesses By Industry in Torridge
| Industry | Number of Businesses | Percent of Total |
|---|---|---|
| Agriculture, forestry & fishing | 1240 | 33.16% |
| Production | 180 | 4.81% |
| Construction | 475 | 12.7% |
| Motor trades | 125 | 3.34% |
| Wholesale | 90 | 2.41% |
| Retail | 195 | 5.21% |
| Transport & Storage (inc postal) | 200 | 5.35% |
| Accommodation & food services | 255 | 6.82% |
| Information & communication | 80 | 2.14% |
| Finance & insurance | 25 | 0.67% |
| Property | 85 | 2.27% |
| Professional, scientific & technical | 305 | 8.16% |
| Business administration & support services | 190 | 5.08% |
| Public administration & defence | 25 | 0.67% |
| Education | 45 | 1.2% |
| Health | 85 | 2.27% |
| Arts, entertainment, recreation & other services | 140 | 3.74% |
Please note the stats above only include VAT and/or PAYE based enterprises.