0800 464 7677Westminster Business Electricity & Gas Rates
Compare Westminster
Business Electricity & Gas
Rates
Compare Westminster
Business Electricity & Gas
Rates
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Westminster Business Electricity & Gas Price Stats For 2025
Wondering how much businesses in Westminster spend on their electricity and gas in 2025?
Overall, there are 60,890 business locations in Westminster which spend an estimated £299,145,708 on electricity and £117,192,563 on gas for a total business energy spend of £416,338,270 per year.
If all businesses could reduce their bills by 10%, they would collectively save £29,914,571 on electricity and £11,719,256 on gas for a total savings of £41,633,827 per year.
Westminster 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 |
Westminster 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:
Estimated Business Energy Consumption & Spend In Westminster
The tables below provide estimates on total energy consumption and spending by businesses in Westminster based on typical energy usage patterns based on business size.
Total Annual Energy Consumption By Business Size In Westminster
| Business Size | Annual Estimated Electricity Consumption in GWh | Annual Estimated Gas Consumption in GWh |
|---|---|---|
| Micro (under 10 Employees) | 742 GWh | 742 GWh |
| Small (10-49 Employees) | 227 GWh | 273 GWh |
| Medium (49-250 Employees) | 97 GWh | 126 GWh |
| Large (250+ Employees) | 51 GWh | 62 GWh |
| Total | 1,117 GWh | 1,202 GWh |
Total Annual Energy Spend By Business Size In Westminster
| Business Size | Annual Estimated Electricity Spend | Annual Estimated Gas Spend | Annual Estimated Total Energy Spend |
|---|---|---|---|
| Micro (under 10 Employees) | £198,883,283 | £72,327,938 | £271,211,220 |
| Small (10-49 Employees) | £60,824,075 | £26,573,625 | £87,397,700 |
| Medium (49-250 Employees) | £27,722,600 | £12,294,750 | £40,017,350 |
| Large (250+ Employees) | £11,715,750 | £5,996,250 | £17,712,000 |
| Total | £299,145,708 | £117,192,563 | £416,338,270 |
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 Westminster 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.
Number of Business Locations In Westminster By Employee Numbers
There are 60,890 VAT and/or PAYE registered business locations in Westminster.
Here’s how that breaks down based on the number of employees
| Number of Employees | Total Number | Share of Total |
|---|---|---|
| 0-4 Employees | 41,160 | 67.60% |
| 5-9 Employees | 8,295 | 13.60% |
| 10-19 Employees | 5,625 | 9.20% |
| 20-49 Employees | 3,460 | 5.70% |
| 50-99 Employees | 1,295 | 2.10% |
| 100-249 Employees | 645 | 1.10% |
| 250+ Employees | 410 | 0.70% |
| Total | 60,890 | 100% |
Number of Businesses In Westminster By Revenue
There are 54,140 VAT and/or PAYE total registered businesses in Westminster (who collectively operate the 60,890 locations listed above)
Here’s how they break down based on annual revenue
| Annual Turnover | Total Number of Businesses | Share of Total |
|---|---|---|
| £0-49k | 8,315 | 15.40% |
| £50-99k | 6,880 | 12.70% |
| £100-249k | 13,030 | 24.10% |
| £250-499k | 7,495 | 13.80% |
| £500-999k | 6,170 | 11.40% |
| £1-2M | 4,420 | 8.20% |
| £2-5M | 3,720 | 6.90% |
| £5-10M | 1,620 | 3.00% |
| £10-50M | 1,775 | 3.30% |
| £50M+ | 715 | 1.30% |
| Total | 54,140 | 100% |
Number of Businesses In Westminster By Industry
Here are how many different businesses there are in Westminster by business type and industry.
| Type/Industry | Total Number | Share of Total |
|---|---|---|
| Agriculture, forestry & fishing | 115 | 0.20% |
| Production | 1,575 | 2.60% |
| Construction | 3,190 | 5.20% |
| Motor trades | 165 | 0.30% |
| Wholesale | 1,900 | 3.10% |
| Retail | 4,740 | 7.80% |
| Transport & Storage (inc. postal) | 770 | 1.30% |
| Accommodation & food services | 4,045 | 6.60% |
| Information & communication | 6,270 | 10.30% |
| Finance & insurance | 4,335 | 7.10% |
| Property | 5,590 | 9.20% |
| Professional, scientific & technical | 12,710 | 20.90% |
| Business administration & support services | 7,040 | 11.60% |
| Public administration & defence | 270 | 0.40% |
| Education | 810 | 1.30% |
| Health | 1,965 | 3.20% |
| Arts, entertainment, recreation & other services | 5,400 | 8.90% |
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