The table below shows average business electricity and gas prices in Wolverhampton 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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Wolverhampton 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 |
Wolverhampton 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 |
Wolverhampton Business Stats
The business statistics for Wolverhampton come from the ONS.
Number of Businesses By Revenue in Wolverhampton
Annual Turnover (£000’s) | Number of Businesses | Percent of Total |
---|---|---|
0-49 | 1085 | 14.05% |
50-99 | 1795 | 23.24% |
100-249 | 2460 | 31.84% |
250-499 | 1020 | 13.2% |
500-999 | 555 | 7.18% |
1000-1999 | 355 | 4.6% |
2000-4999 | 240 | 3.11% |
5000-9999 | 90 | 1.17% |
10000-49999 | 100 | 1.29% |
50000+ | 25 | 0.32% |
Number of Businesses by Number of Employees in Wolverhampton
Number of Employees | Number of Businesses | Percent of Total |
---|---|---|
0-4 | 5925 | 76.7% |
5-9 | 875 | 11.33% |
10-19 | 490 | 6.34% |
20-49 | 245 | 3.17% |
50-99 | 90 | 1.17% |
100-249 | 60 | 0.78% |
250+ | 40 | 0.52% |
Number of Businesses By Industry in Wolverhampton
Industry | Number of Businesses | Percent of Total |
---|---|---|
Agriculture, forestry & fishing | 5 | 0.06% |
Production | 650 | 8.41% |
Construction | 1010 | 13.07% |
Motor trades | 335 | 4.34% |
Wholesale | 400 | 5.18% |
Retail | 865 | 11.2% |
Transport & Storage (inc postal) | 840 | 10.87% |
Accommodation & food services | 525 | 6.8% |
Information & communication | 405 | 5.24% |
Finance & insurance | 140 | 1.81% |
Property | 295 | 3.82% |
Professional, scientific & technical | 765 | 9.9% |
Business administration & support services | 570 | 7.38% |
Public administration & defence | 0 | 0.0% |
Education | 115 | 1.49% |
Health | 370 | 4.79% |
Arts, entertainment, recreation & other services | 435 | 5.63% |
Please note the stats above only include VAT and/or PAYE based enterprises.