UK businesses are consuming less energy
According to the latest Quarterly Energy Barometer Report from POWWR, the average UK business is using 7.86% less energy than the same period last year and 3.45% less than the previous quarter. The average UK business now consumes just over 21 MwH of energy a year, paying 4% less for their electricity than they were last quarter (down from £4863 to £4652 per annum) and 10% less than they were last year. Businesses in North Wales have seen the biggest drop in their bills (by 11%), followed by West Midlands (10%), and South Wales (9%).
Despite this drop, however, businesses in North Wales continue to pay the most for their energy. At £5446 it is around a third more than businesses in the North East of England pay (£4056).This is 3.45% less than last quarter and 7.86% less than the same period in 2024.
The report is based upon over 540,000 separate data points covering a variety of businesses, from boutique start-ups to large industrial and commercial organisations and shows that the reduction in energy usage has been most significant among very small businesses, with their energy usage decreasing by over 4%.
“The drop in energy usage could be due to the mild weather within the quarter seen across much of the UK. However, it also points to UK businesses being more environmentally aware than ever before,” explains Matt Tormollen, CEO, POWWR. “Average bills continue to go down; average energy usage has reduced by almost 8% year on year; and there are increasingly deals to be had for those willing to put in the leg work. ”
Key findings
- Average energy usage has decreased by 3.45% quarter on quarter
- Average bills are 10% less than they were last year
- Businesses in North Wales, West Midlands, and South Wales have seen their bills drop by 11%, 10%, and 9% respectively this quarter
- Businesses in North Wales, however, continue to pay a third more for their energy than businesses in the North East of England
- The average price to switch suppliers is 4% less than it was last quarter
- Average contract length is now 28 months
To access the full POWWR Quarterly Energy Barometer Report please click here
