When comparing small business energy plans, it is important to know what your own business is actually classed as in terms of size. The smallest category of business is referred to as a microbusiness. To be considered a microbusiness, you must have a maximum of 9 employees.
The common definition of a small and medium-sized enterprises (SME’s) is that of 250 employees or less. Because of such classifications, it can be difficult to suggest typical business energy rates. That’s because of the mega difference in size and energy usage.
On top of what size your business is classed as, there are other considerations that an energy supplier must take into account before giving you a quote. This includes what type of business you operate, where you are located, and when you require your electricity and gas.
Small business energy providers are now able to offer a variety of contracts and tariffs that specifically cater to the needs of small UK businesses.