London Business Electricity & Gas Price Stats For 2025

Wondering how much businesses in London spend on their electricity and gas in 2025?

Overall, there are 589,410 business locations in London which spend an estimated £2,734,494,160 on electricity and £1,050,694,125 on gas for a total business energy spend of £3,785,188,285 per year.

If all businesses could reduce their bills by 10%, they would collectively save £273,449,416 on electricity and £105,069,413 on gas for a total savings of £378,518,829 per year.

London Business Electricity & Gas Price Stats For 2025

London Business Electricity Pricing Data p/kWh

The table below shows what the average UK business currently pays per kWh for electricity based on consumption patterns.

Business Size	Annual Electricity Usage (MWh)	Average Electricity Rates in Pence per kWh* (excluding CCL)	Average Electricity Rates in Pence per kWh* (including CCL)	Best Rates Price Per kWh
Very Small	0 – 20	26.81 p/kWh	27.49 p/kWh	Click Here For Live Prices
Small	20 – 499	26.00 p/kWh	26.50 p/kWh	Click Here For Live Prices
Small/Medium	500 – 1,999	26.78 p/kWh	27.32 p/kWh	Click Here For Live Prices
Medium	2,000 – 19,999	28.58 p/kWh	29.13 p/kWh	Click Here For Live Prices
Large	20,000 – 69,999	28.37 p/kWh	28.93 p/kWh	Click Here For Live Prices
Very Large	70,000 – 150,000	22.86 p/kWh	23.25 p/kWh	Click Here For Live Prices
Extra Large	>150,000	21.14 p/kWh	21.62 p/kWh	Click Here For Live Prices
Average For All UK Businesses	NA	25.17 p/kWh	25.69 p/kWh	Click Here For Live Prices

London Business Gas Pricing Data p/kWh

And The table below shows what the average UK business currently pays per kWh for gas based on consumption patterns.

Business Size	Gas: Annual consumption MWh	Average Gas Rates in Pence per kWh* (excluding CCL)	Average Gas Rates in Pence per kWh* (including CCL)	Best Rates Price Per kWh
Very Small	0-278	9.75 p/kWh	10.11 p/kWh	Click Here For Live Prices
Small	278 – 2,777	5.03 p/kWh	5.47 p/kWh	Click Here For Live Prices
Medium	2,778 – 27,777	4.30 p/kWh	4.63 p/kWh	Click Here For Live Prices
Large	27,778 – 277,777	3.93 p/kWh	4.04 p/kWh	Click Here For Live Prices
Very Large	277,778 – 1,111,112	3.88 p/kWh	3.98 p/kWh	Click Here For Live Prices
UK Average	NA	5.10 p/kWh	5.35 p/kWh	Click Here For Live Prices

* Note data from both tables comes from gov.uk, and goes up to Q3 2024 which is the latest data available.

You can also get the latest pricing data on the following pages:

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Estimated Business Energy Consumption & Spend In London

The tables below provide estimates on total energy consumption and spending by businesses in London based on typical energy usage patterns based on business size.

Total Annual Energy Consumption By Business Size In London

Business Size	Annual Estimated Electricity Consumption in GWh	Annual Estimated Gas Consumption in GWh
Micro (under 10 Employees)	7,678 GWh	7,678 GWh
Small (10-49 Employees)	1,544 GWh	1,852 GWh
Medium (49-250 Employees)	664 GWh	863 GWh
Large (250+ Employees)	320 GWh	384 GWh
Total	10,205 GWh	10,776 GWh

Total Annual Energy Spend By Business Size In London

Business Size	Annual Estimated Electricity Spend	Annual Estimated Gas Spend	Annual Estimated Total Energy Spend
Micro (under 10 Employees)	£2,058,364,560	£748,566,000	£2,806,930,560
Small (10-49 Employees)	£413,349,300	£180,589,500	£593,938,800
Medium (49-250 Employees)	£189,628,300	£84,098,625	£273,726,925
Large (250+ Employees)	£73,152,000	£37,440,000	£110,592,000
Total	£2,734,494,160	£1,050,694,125	£3,785,188,285

Note: Small and Micro businesses collectively use more electricity and gas than larger businesses, simply because there are so many more of them. Individually, each large business uses far more energy than the typical small or micro one.

* Methodology: The consumption and spend figures above are meant to be estimates only. They are based on the number of business in London by size according to the ONS and consumption behaviour from Ofgem and prices listed above from GOV.UK. This only includes spend on consumption and not standing charges. The names used for business sizes also come from Ofgem classifications.

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Number of Business Locations In London By Employee Numbers

There are 589,410 VAT and/or PAYE registered business locations in London.

Here’s how that breaks down based on the number of employees

Number of Business Locations In London By Employee Numbers

Number of Employees	Total Number	Share of Total
0-4 Employees	447,930	76.00%
5-9 Employees	63,910	10.80%
10-19 Employees	38,365	6.50%
20-49 Employees	23,375	4.00%
50-99 Employees	8,590	1.50%
100-249 Employees	4,680	0.80%
250+ Employees	2,560	0.40%
Total	589,410	100%

Number of Businesses In London By Revenue

There are 530,815 VAT and/or PAYE total registered businesses in London (who collectively operate the 589,410 locations listed above)

Here’s how they break down based on annual revenue

Number of Businesses In London By Revenue

Annual Turnover	Total Number of Businesses	Share of Total
£0-49k	73,895	13.90%
£50-99k	104,065	19.60%
£100-249k	170,625	32.10%
£250-499k	73,780	13.90%
£500-999k	45,175	8.50%
£1-2M	26,025	4.90%
£2-5M	18,825	3.50%
£5-10M	7,690	1.40%
£10-50M	7,675	1.40%
£50M+	3,060	0.60%
Total	530,815	100%

Number of Businesses In London By Industry

Here are how many different businesses there are in London by business type and industry.

Type/Industry	Total Number	Share of Total
Agriculture, forestry & fishing	895	0.20%
Production	18,090	3.10%
Construction	62,790	10.70%
Motor trades	8,065	1.40%
Wholesale	22,740	3.90%
Retail	53,955	9.20%
Transport & Storage (inc. postal)	18,850	3.20%
Accommodation & food services	36,695	6.20%
Information & communication	63,125	10.70%
Finance & insurance	16,550	2.80%
Property	32,330	5.50%
Professional, scientific & technical	110,500	18.70%
Business administration & support services	57,900	9.80%
Public administration & defence	1,710	0.30%
Education	13,055	2.20%
Health	27,315	4.60%
Arts, entertainment, recreation & other services	44,840	7.60%