EON Energy business prices and tariffs review

EON Energy stands out as one of the largest business energy suppliers in the UK, offering a range of tariffs designed to meet the needs of businesses of all sizes. This article will explore EON Energy business prices, available tariffs, and the key features that can help your business make an informed decision about your energy supply.

EON Energy business prices list

Here’s an indicative prices table for EON Energy business tariffs. Please note that these rates can vary depending on your business’s size, location, and energy consumption. It’s always best to get a personalised quote from EON Energy to determine the exact rates applicable to your situation.

Tariff TypeUnit Rate (per kWh)Standing Charge (per day)Contract Length
Fixed-rate (1-year)18p – 20p25p – 30p12 months
Fixed-rate (2-year)17p – 19p23p – 28p24 months
Fixed-rate (3-year)16p – 18p22p – 27p36 months
Variable-rate19p – 22p28p – 33pFlexible
Green energy fixed-rate18p – 21p26p – 31p12 to 36 months
Large business bespokeNegotiableNegotiableTailored contracts
EON Energy business prices list

These rates are indicative and may change based on market conditions and specific business requirements. For accurate pricing, it’s recommended to contact EON Energy directly for a customised quote.

EON Energy business tariffs

EON Energy offers a variety of tariffs to suit different business needs, whether you’re a small enterprise or a large corporation. Their tariffs fall into two main categories: fixed-rate and variable-rate options.

Fixed-rate tariffs

Fixed-rate tariffs are ideal for businesses that want to lock in their energy prices for a set period. This option protects your business from market fluctuations, providing predictable costs that make budgeting easier. With EON’s fixed-rate plans, you can typically secure prices for contracts lasting from one to three years.

Key benefits of fixed-rate tariffs:

  • Price stability and protection from market increases
  • Easier budgeting with predictable costs
  • Suitable for businesses that prefer long-term planning

Variable-rate tariffs

Variable-rate tariffs fluctuate with market prices, meaning your rates could go up or down depending on wholesale energy costs. This type of tariff might be suitable for businesses that want to take advantage of potential decreases in energy prices but are also prepared for possible increases.

Key benefits of variable-rate tariffs:

  • Flexibility to benefit from price drops
  • No long-term commitment, making it easier to switch if needed
  • Suitable for businesses that can handle price variability

EON Next – a customer-centric approach

EON has introduced EON Next, a new approach to managing energy accounts designed to provide a more personalised service. EON Next focuses on delivering a better customer experience with features like faster response times, dedicated energy specialists, and an emphasis on renewable energy.

Renewable energy focus

EON Energy is committed to sustainability, with all of its business electricity tariffs now backed by 100% renewable sources. This is a significant advantage for businesses looking to reduce their carbon footprint and meet corporate social responsibility goals. By choosing EON’s green energy tariffs, your business can demonstrate its commitment to environmental sustainability.

Specialised tariffs for SMEs and large businesses

EON Energy offers different plans tailored to the size of your business. Understanding which category your business falls into can help you choose the most cost-effective tariff.

Small and medium-sized enterprises (SMEs)

For SMEs, EON provides a range of flexible tariffs that cater to businesses with lower energy demands. These tariffs often come with competitive rates and shorter contract durations, giving smaller businesses the flexibility they need to adapt to changing market conditions.

Large businesses and industrial users

Larger businesses with higher energy consumption can benefit from bespoke energy solutions from EON. These tariffs are designed to meet the complex energy needs of big enterprises, offering features like multi-site billing, energy usage analytics, and tailored pricing structures that can help reduce overall costs.

Key features of EON Energy business tariffs

EON Energy’s business tariffs come with several features designed to offer flexibility, cost control, and sustainability.

Smart meters

EON provides smart meters to all its business customers, enabling more accurate billing and greater control over energy usage. These devices can help businesses monitor their consumption in real-time, identify areas where they can save energy, and reduce overall costs.

Energy efficiency advice

To help businesses reduce their energy usage, EON offers a range of energy efficiency services. These include consultations and advice on how to lower energy consumption, which can lead to significant cost savings and a smaller environmental impact.

Flexible payment options

EON Energy provides flexible payment options for businesses, including monthly and quarterly billing. Direct debit payments often come with additional discounts, making it a cost-effective choice for businesses looking to streamline their expenses.

Pros and cons of EON Energy business tariffs

Here’s a quick overview of the pros and cons of choosing EON Energy for your business:

Pros:

  • Wide range of tariffs catering to different business sizes
  • 100% renewable electricity for all business tariffs
  • Smart meter installation for accurate billing and energy management
  • Dedicated customer support through EON Next

Cons:

  • Variable-rate tariffs can lead to unpredictable costs
  • Fixed-rate contracts may have early exit fees if you need to switch

How to switch to EON Energy

Switching to EON Energy is a straightforward process. They handle the majority of the switching process on your behalf, ensuring minimal disruption to your business operations. The switch typically takes a few weeks to complete, during which you will receive regular updates on the progress.

Important considerations before switching

Before you switch to EON, it’s crucial to review your current contract terms and check for any exit fees. Also, compare their rates with other suppliers to ensure you’re getting the best deal for your business.

Conclusion – EON Energy business prices review

EON Energy offers a comprehensive range of prices and tariffs designed to meet the needs of UK businesses, from SMEs to large enterprises. With a focus on renewable energy, smart technology, and personalised customer service through EON Next, they present a compelling option for businesses looking to manage their energy costs effectively.

However, as with any energy supplier, it’s essential to compare EON Energy business prices with other providers in the market to ensure you’re getting the best deal for your business. With the right information, you can make a decision that aligns with your financial and environmental goals.

For more, see the EON website or our guides to the cheapest business electricity and cheapest business gas.

EON Energy business prices FAQ

How competitive are EON’s standing charges for businesses?

EON’s standing charges for business tariffs typically range from 22p to 33p per day, depending on the type of contract and business size. These rates are in line with the industry average, making them a competitive option for businesses looking to manage their fixed costs effectively.

What does EON charge for large business energy contracts?

EON’s large business contracts usually feature bespoke pricing, with unit rates often starting from around 15p per kWh. Standing charges can vary significantly but generally range from 20p to 30p per day. These rates are negotiated based on the specific energy needs of the business.

Does EON offer discounts for direct debit payments?

Yes, EON provides a discount of approximately 5% for businesses that opt for direct debit payments. This discount can make a noticeable difference in your overall energy costs, especially for small to medium-sized enterprises managing tight budgets.

What are EON’s early exit fees for business contracts?

EON’s early exit fees for fixed-rate business tariffs are typically around £30 to £50 per fuel, depending on the contract’s length and the remaining time. It’s important to review these fees when considering a switch before your contract ends to avoid unexpected costs.

How much does EON’s green energy tariff cost?

EON’s green energy business tariffs generally have unit rates ranging from 18p to 21p per kWh, with standing charges between 26p and 31p per day. These rates support 100% renewable electricity, making them a cost-effective choice for businesses focusing on sustainability.

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