United Gas & Power (UGP) is a UK-based commercial energy provider that has built a strong reputation for offering tailored solutions for businesses of all sizes. In this review, we will explore UGP business prices, tariff structure, and the features they offer, helping you determine whether they are the right fit for your business.
Who is United Gas & Power?
United Gas & Power is a specialist energy supplier focused on providing gas and electricity to commercial customers across the UK. Their approach is customer-centric, with a focus on delivering competitive rates and excellent service. UGP caters to a variety of businesses, from SMEs to large enterprises, with flexible energy solutions designed to meet individual requirements.
United Gas & Power business prices list
Here’s an indicative pricing table for United Gas & Power’s business tariffs. Please note that actual prices may vary based on factors like business size, location, and energy consumption.
| Tariff Type | Electricity Rate (per kWh) | Gas Rate (per kWh) | Standing Charge (per day) |
|---|---|---|---|
| Fixed-rate (12-month) | 25.50p | 8.20p | 45.00p |
| Fixed-rate (24-month) | 24.80p | 7.90p | 44.00p |
| Fixed-rate (36-month) | 24.30p | 7.60p | 43.50p |
| Variable-rate | 26.00p | 8.50p | 46.00p |
| Green energy (12-month) | 26.50p | 8.70p | 47.00p |
| Green energy (24-month) | 25.80p | 8.40p | 46.50p |
| Green energy (36-month) | 25.20p | 8.10p | 46.00p |
Explanation of pricing components:
- Electricity rate (per kWh): The cost per kilowatt-hour (kWh) of electricity consumed.
- Gas rate (per kWh): The cost per kilowatt-hour (kWh) of gas consumed.
- Standing charge (per day): A daily fee that covers the cost of supplying energy to your premises, regardless of how much energy you use.
Business energy tariffs offered by UGP
United Gas & Power offers a range of business energy tariffs that are designed to suit different business needs. Here’s a closer look at the main types of tariffs available:
Fixed-rate tariffs
- Stability and predictability: Fixed-rate tariffs are ideal for businesses looking to lock in their energy rates for a set period. This provides protection against market fluctuations, making it easier to budget for your energy costs.
- Contract lengths: UGP offers different contract lengths, allowing businesses to choose a term that aligns with their operational needs, typically ranging from one to five years.
- Pricing: While fixed-rate tariffs can sometimes be slightly higher than variable rates, they offer the advantage of cost certainty, which can be crucial in uncertain economic climates.
Variable-rate tariffs
- Market-driven pricing: With variable-rate tariffs, the price you pay for energy can change based on market conditions. This can be beneficial when energy prices fall but can also mean higher costs if prices increase.
- Flexibility: These tariffs are often more suitable for businesses that can tolerate some level of risk in exchange for the potential to benefit from falling prices.
- No long-term commitments: Variable-rate tariffs may come with more flexible contract terms, making it easier to switch suppliers if needed.
Green energy tariffs
- Sustainability focus: For businesses committed to reducing their carbon footprint, UGP offers green energy tariffs that source a portion of their supply from renewable sources.
- Corporate social responsibility: Choosing green energy can also enhance your brand’s image, demonstrating a commitment to sustainability and attracting like-minded customers and partners.
- Competitive rates: UGP’s green tariffs are priced competitively, often comparable to their standard rates, making it easier for businesses to make the switch to cleaner energy without significant cost increases.
Key features of UGP business energy services
United Gas & Power offers several features designed to make managing your business energy simpler and more efficient. Here are some of the key benefits that set UGP apart from other suppliers:
Dedicated account management
- UGP provides a personalised service through dedicated account managers who act as a single point of contact for all your energy needs. This ensures that your queries are resolved quickly and that you have the support you need to manage your energy account effectively.
Flexible billing options
- Understanding that different businesses have different financial cycles, UGP offers a variety of billing options. Businesses can choose monthly, quarterly, or customised billing schedules that fit their cash flow requirements.
Online account management
- UGP’s online portal allows businesses to manage their energy accounts from anywhere, at any time. You can track energy usage, view bills, and make payments online, providing greater control and visibility over your energy consumption.
Smart meter installation
- Smart meters are offered as part of UGP’s service, helping businesses monitor their energy usage in real-time. This not only improves accuracy in billing but also helps identify areas where you could reduce energy consumption and save money.
Energy efficiency advice
- UGP goes beyond simply supplying energy; they also offer guidance on how to make your business more energy-efficient. This can include recommendations on energy-saving technologies and practices that can lower your overall consumption.
Pricing review – how competitive are UGP’s rates?
United Gas & Power is known for its competitive pricing, especially in the fixed-rate tariff category. While specific rates can vary depending on your business size, location, and energy consumption, UGP generally offers attractive prices compared to the market average. Their transparent pricing model ensures that you know what you’re paying for without hidden fees or unexpected charges.
To get the best rates from UGP, it is recommended to obtain a personalised quote based on your business’s specific energy usage. This allows you to compare their prices directly with other suppliers and determine which option provides the most value for your business.
Pros and cons of choosing United Gas & Power
Pros:
- Competitive fixed-rate tariffs: Provides cost certainty, making it easier to budget for energy expenses.
- Excellent customer service: Dedicated account managers ensure a more personalised and responsive service.
- Green energy options: Supports businesses in achieving their sustainability goals.
- Flexible contract terms: Offers various contract lengths and tariff options to suit different business needs.
Cons:
- Variable-rate risk: Prices can increase significantly if the market conditions change.
- Business-only focus: UGP does not cater to residential customers, so it’s not suitable for businesses with combined residential and commercial properties.
How to switch to United Gas & Power
Switching to United Gas & Power is a straightforward process that typically takes a few weeks. Here’s a quick overview of the steps involved:
- Get a quote: Contact UGP to obtain a tailored quote based on your business’s energy needs.
- Review your current contract: Check the terms of your existing energy contract, including any exit fees or notice periods.
- Sign the contract: Once you’re happy with UGP’s rates and terms, sign the new agreement.
- UGP handles the rest: UGP will manage the switching process, including contacting your current supplier to arrange the transfer.
Final thoughts – United Gas & Power business prices review
United Gas & Power offers a range of competitive energy tariffs designed to meet the needs of UK businesses. With a focus on customer service, green energy options, and flexible contract terms, they provide a strong alternative to some of the larger, more well-known suppliers.
While their variable-rate tariffs may not be for everyone, the fixed-rate options offer excellent value and stability in an unpredictable market.
If you’re looking for a reliable and customer-focused energy supplier, United Gas & Power is certainly worth considering for your business energy needs.
For more, visit the UGP website, and see our guide to the best business energy suppliers.
FAQ – United Gas & Power business pricing
UGP typically offers contract lengths ranging from 12 to 36 months. Shorter contracts like 12-month terms provide flexibility, while longer contracts up to 36 months often come with lower rates. For example, a 36-month fixed-rate electricity tariff might be priced at 24.30p per kWh.
UGP’s green energy tariffs can be slightly higher but remain competitive. For example, a 12-month green electricity rate might be 26.50p per kWh, compared to 25.50p per kWh for a standard fixed-rate tariff. This small difference supports renewable energy initiatives at a reasonable cost.
UGP’s standing charges vary depending on the tariff type. For instance, a fixed-rate 12-month contract might have a standing charge of 45.00p per day, whereas a green energy 36-month contract could have a standing charge of 46.00p per day, reflecting the cost of service and supply.
UGP customises rates for larger businesses based on consumption levels. For example, high-usage businesses might negotiate rates below the standard 24.80p per kWh for a 24-month fixed-rate tariff. UGP aims to tailor pricing to meet the specific needs of larger enterprises, often leading to more competitive deals.
UGP’s variable rates can change monthly based on market trends. For example, if electricity prices rise, the rate could go from 26.00p per kWh to 28.00p per kWh in a month. This approach allows businesses to benefit from lower prices when market conditions improve.