Choosing the right energy provider for your business is a crucial decision that can significantly impact your bottom line. Ecotricity, known as the world’s first green energy company, has a reputation for providing sustainable energy solutions to both households and businesses in the UK. In this article, we’ll review Ecotricity business prices, their tariff structure, and the unique features that make them stand out in the competitive energy market.
An overview of Ecotricity business energy offering
Ecotricity is a pioneer in renewable energy, focusing on delivering 100% green electricity and carbon-neutral gas to businesses across the UK. Their primary goal is to help businesses reduce their carbon footprint while providing competitive rates that match or exceed the industry’s standards. With a variety of flexible tariffs and a commitment to sustainability, Ecotricity aims to be a top choice for eco-conscious businesses.
Ecotricity business prices list
Since Ecotricity’s pricing can vary based on factors like business size, location, and energy usage, these prices should be treated as a guide, as the actual rates will depend on specific business circumstances.
| Tariff Type | Electricity Unit Rate (pence per kWh) | Gas Unit Rate (pence per kWh) | Standing Charge (pence per day) |
|---|---|---|---|
| Fixed-rate tariff (12-month) | 18.50 – 22.00 | 4.50 – 5.20 | 25.00 – 30.00 |
| Fixed-rate tariff (24-month) | 17.00 – 20.50 | 4.20 – 4.90 | 24.00 – 28.00 |
| Variable-rate tariff | 19.00 – 23.50 | 4.80 – 5.50 | 26.00 – 31.00 |
| Green Gas Tariff | N/A | 5.00 – 6.00 | 27.00 – 32.00 |
| 100% Renewable Electricity | 19.50 – 24.00 | N/A | 25.00 – 30.00 |
Notes:
- Electricity and gas unit rates represent the cost of energy per kilowatt-hour (kWh) consumed.
- Standing charge is a daily charge that covers the cost of maintaining the energy supply to your business.
- These rates are indicative and can vary based on factors such as your business size, energy consumption, and contract terms.
- Green gas tariffs may be slightly higher due to the inclusion of biogas and carbon offset initiatives.
Ecotricity business tariffs
Ecotricity offers a range of business tariffs designed to cater to businesses of all sizes, from small enterprises to large industrial operations. Here are the main types of tariffs available:
- Fixed-rate tariffs: Fixed-rate tariffs are ideal for businesses looking for cost certainty. With this option, the energy price is locked in for the duration of the contract, protecting you from market fluctuations. This stability can help with budgeting and financial planning, making it a popular choice among businesses that prefer predictable expenses.
- Variable-rate tariffs: For businesses that are more flexible with their energy budget, Ecotricity’s variable-rate tariffs might be a suitable option. With these tariffs, the price you pay can go up or down depending on market conditions. While this option carries some risk due to potential price increases, it can also offer savings when energy prices fall.
- Green Gas Tariff: Ecotricity offers a green gas tariff that is unique in the market. This tariff includes a mix of carbon-neutral gas and biogas produced from sustainable sources. For businesses committed to achieving net-zero carbon emissions, this tariff is a compelling option.
- 100% Renewable Electricity: All of Ecotricity’s electricity tariffs come with a guarantee that the energy provided is sourced from 100% renewable sources, such as wind, solar, and hydro power. This commitment to green energy is a strong selling point for businesses looking to reduce their environmental impact.
Key features of Ecotricity business energy plans
Ecotricity stands out in the energy market not only because of its green credentials but also due to the unique features and benefits it offers to business customers. Here are some of the most notable features:
- No exit fees: Unlike many other energy providers, Ecotricity does not charge exit fees on its business tariffs. This means you have the flexibility to switch to another provider without incurring additional costs if you find a better deal or if your needs change.
- Carbon offset initiatives: Ecotricity actively invests in projects that help offset carbon emissions, such as tree planting and rewilding. As a customer, your business indirectly supports these initiatives, contributing to a positive environmental impact beyond your direct energy consumption.
- On-site generation and microgrids: For businesses interested in generating their own renewable energy, Ecotricity offers support for setting up on-site generation systems like solar panels or wind turbines. They can also help integrate these systems into microgrids, allowing businesses to manage their energy use more efficiently and even supply excess energy back to the grid.
- Dedicated account management: Ecotricity provides a dedicated account manager for its business customers, ensuring personalised service and assistance with energy management. This can be particularly beneficial for businesses with specific needs or those looking to optimise their energy consumption.
Pricing structure and transparency
Ecotricity’s pricing is generally competitive, especially for a green energy provider, but it may not always be the cheapest option in the market. The cost of your business energy tariff will depend on factors such as your location, the size of your business, and your typical energy usage. Ecotricity is transparent about its pricing, and they work directly with businesses to create a bespoke quote that matches their requirements.
It’s worth noting that while you may pay a premium for the green aspect of Ecotricity’s energy, the long-term benefits of supporting renewable energy projects and reducing your carbon footprint could offset the slightly higher rates.
Advantages of choosing Ecotricity for your business
- Sustainability commitment: Ecotricity is heavily invested in building a sustainable future. By choosing them as your energy supplier, your business can align itself with a brand that shares its values in terms of environmental responsibility and sustainability.
- Support for renewable projects: The profits from Ecotricity’s energy sales are reinvested into developing new sources of green energy. This means that as a customer, you’re actively contributing to the expansion of renewable energy infrastructure in the UK.
- Flexibility and transparency: With no exit fees and bespoke tariff options, Ecotricity offers a level of flexibility that is rare among energy providers. This makes it easier for businesses to adapt their energy strategy as their needs evolve.
Potential drawbacks to consider
- Higher costs: While Ecotricity’s green energy focus is commendable, their tariffs can sometimes be more expensive than those of traditional energy providers. Businesses looking for the lowest possible rates might find cheaper options elsewhere.
- Limited availability: Ecotricity’s renewable gas supply is limited compared to its electricity offering. Depending on your business’s location and energy needs, this might restrict your ability to opt for the greenest options available.
Is Ecotricity the right choice for your business?
Deciding whether Ecotricity is the right energy provider for your business depends on your priorities. If sustainability and green credentials are at the top of your list, Ecotricity is an excellent choice. Their commitment to renewable energy and innovative solutions, like on-site generation, make them a strong partner for businesses aiming to reduce their environmental impact.
However, if your primary concern is cost, and you’re not as focused on the green aspect, you might want to compare their prices with other providers to ensure you’re getting the best deal.
Conclusion – Ecotricity business prices review
Ecotricity offers a robust set of business energy tariffs that combine sustainability with flexibility. Their focus on renewable energy and environmental initiatives is a significant advantage for businesses looking to make greener choices. While their prices may be slightly higher than some competitors, the benefits of supporting renewable energy and the lack of exit fees provide good value for eco-conscious businesses.
When choosing an energy provider, it’s essential to weigh up these factors and consider how they align with your business’s goals and values. For those businesses committed to sustainability, Ecotricity is undoubtedly worth considering as a trusted energy partner.
For more, visit the Ecotricity website, and see our guides to business gas comparison and business electricity comparison.
FAQ – Ecotricity business pricing
Ecotricity’s electricity rates for small to medium enterprises typically range from 18.50 to 22.00 pence per kWh on fixed tariffs. While slightly higher than some competitors, their focus on 100% renewable energy can add value for eco-conscious businesses looking for sustainable solutions.
Ecotricity does not impose any exit fees for its business customers. This flexibility means you can switch to another energy provider without incurring charges, offering a risk-free way to explore different energy options if your business needs change.
Ecotricity’s average standing charge for gas ranges from 27.00 to 32.00 pence per day, depending on the specific tariff and contract duration. This daily charge covers the cost of maintaining the supply to your business premises.
Ecotricity’s green gas tariffs generally range from 5.00 to 6.00 pence per kWh. This tariff supports the use of biogas and other sustainable gas sources, which, while slightly higher in cost, offers a way to reduce your business’s carbon footprint.
Ecotricity offers fixed-rate contracts with durations typically between 12 and 24 months. For a 12-month contract, electricity unit rates are about 18.50 to 22.00 pence per kWh, while for a 24-month contract, they range from 17.00 to 20.50 pence per kWh.