The UK business energy market remains challenging in 2026, with wholesale prices continuing to be influenced by international events, supply concerns and wider market volatility. For businesses, this means energy costs can still represent a significant and unpredictable overhead.
Recent movements in the wholesale gas market have put renewed pressure on energy prices. Ofgem has confirmed that domestic gas unit rates increased from 5.74p/kWh to 7.33p/kWh from July 2026, while electricity increased from 24.67p/kWh to 26.11p/kWh. Although these figures relate to the domestic price cap rather than business tariffs, they demonstrate the wider pressure being felt across the energy market.
For businesses, there is an important point to remember: there is no single business energy price. Your costs depend on your consumption, contract structure, meter profile, location, renewal date and the supplier and tariff you choose.
Are You Paying More Than You Need To?
Many businesses simply renew their gas and electricity contract when it expires, often accepting the first price offered by their existing supplier. That can be an expensive approach.
With energy markets changing rapidly, reviewing your current contract could identify opportunities to improve your rates, contract structure or overall energy strategy.
At Rich Energy, we help UK businesses review their gas and electricity requirements and source competitive energy solutions from the market. We look at more than just the headline unit rate. Depending on your business, we can assess:
- Current gas and electricity rates
- Contract renewal dates
- Standing charges and additional costs
- Consumption and usage patterns
- Available contract options
- Potential savings compared with your existing agreement
- Opportunities to improve the way your business purchases energy
Don't Wait Until Your Contract Expires
The best time to review your energy position isn't necessarily when your contract has already ended. Planning ahead gives your business more opportunity to assess the market and consider its options before being automatically placed onto a potentially less competitive arrangement.
With wholesale markets remaining volatile, taking a proactive approach can also give businesses greater visibility over future costs. Ofgem has highlighted that wholesale energy costs remain particularly sensitive to global gas markets and geopolitical events.
What Could Rich Energy Save Your Business?
Every business is different, so we don't believe in quoting generic savings figures. Instead, we'll look at what you're currently paying and see whether we can improve it.
Simply provide us with a recent gas or electricity bill and our team can review your current position and assess the options available to your business.
There is nothing to lose by checking. If your current deal is competitive, you'll have greater confidence that you're paying a fair market rate. If there is an opportunity to improve your costs, we'll show you what that could look like.
Get Your Energy Costs Checked Today
Energy is one of the largest ongoing costs for many UK businesses. With the market continuing to move, leaving your contract unchecked could mean missing an opportunity to reduce costs or secure a more suitable agreement.
Let Rich Energy review your business gas and electricity contract. Send us your latest energy bill and we'll assess your current rates and requirements, then provide a clear quotation based on your business.
Rich Energy — helping UK businesses take control of their energy costs.
