Is British Gas Lite the right supplier for you? This guide will help you decide.
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British Gas Lite has a Trustpilot score of 1.6 out of 5. They’re a dedicated online business energy supplier known for their easy account management and competitive pricing, as they only operate online.
Many customers choose this supplier for the convenience of online account management. This guide will help you understand if British Gas Lite is the right supplier for your business.
British Gas Lite is an online-only controlled supplier created for small businesses with a fixed price created by British Gas. Lite is cheaper than the parent brand because BG Lite provides smart meters, and accounts are managed online.
British Gas Lite was created in 2018 and is owned by Centrica and operated separately from its parent company.
British Gas Lite has disrupted the market since entering in 2018 and has been offering fixed-rate gas and electricity tariffs; larger consumption businesses are directed to the parent company British Gas where they can find comprehensive solutions.
Tariff Length | Electricity Unit Rate (p/kWh) | Gas Unit Rate (p/kWh) | Compare live tariffs |
---|---|---|---|
1-Year | 25.4p | 7.3p | Compare Tariffs |
2-Year | 25.8p | 7.1p | Compare Tariffs |
3-Year | 26.5p | 7p | Compare Tariffs |
All Terms (Average) | 25.9p | 7.1p | Compare Tariffs |
These prices are based on internal data for November 2024 banded by the typical customer consumption we see. For this example, we assume that each business uses 25,000 kWh per year.
British Gas Lite offers one type of tariff, as it was designed to be straightforward in its approach to UK business energy.
British Gas Lite offers a fixed-rate tariff with various terms available up to 3 years. All tariffs come with a smart meter that is supplied for free to ensure monthly bills remain accurate.
With competitive rates, business energy prices are not set by Ofgem and the price cap does not apply. Your monthly direct debit is variable and you pay for the exact amount of energy you use.
British Gas Lite has a unique approach to supplying the business energy market. This shows that they have a good understanding of the needs of small businesses in the UK.
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Yes, you can pay by Direct Debit.
Commercial energy supplies generally come under a contract, which will automatically renew each year. If you want to change supplier, you need to give your current supplier a minimum of four weeks' notice.
However, if you are new to the premises then you won't automatically be placed in a contract, so you are free to find a new contract when you wish. We recommend that you do this as soon as possible because most suppliers charge high "out of contract" rates.
A kWh is a measurement which equates to how much energy you’re using. Energy suppliers will charge an amount of money for each kWh unit rate you use for both gas and electricity.
The price that energy suppliers charge depends on your contract and market conditions. For example, an energy supplier may charge 32p per kWh of electricity you use.