Total Gas & Power, one of the leading energy suppliers in the UK, offers a range of business energy products tailored to different needs. This guide aims to provide a comprehensive review of Total Gas & Power pricing and product offerings, helping businesses make informed decisions.
Overview of Total Gas & Power
Total Gas & Power is a significant player in the UK energy market, part of the broader TotalEnergies group, which operates globally. Known for its commitment to sustainability and innovative energy solutions, Total Gas & Power serves a wide range of business customers, from small enterprises to large corporations.
Total Gas & Power business energy pricing list – Gas and electricity
Actual pricing can vary based on a range of factors such as market conditions, contract length, consumption volume, and the business’s location. Below is an indicative pricing data table that outlines various cost options for different types of contracts.
| Contract Type | Contract Length | Estimated Annual Consumption (kWh) | Price per kWh (Electricity) | Price per kWh (Gas) | Additional Fees (per month) | Green Energy Option | Notes |
|---|---|---|---|---|---|---|---|
| Fixed-term Contract | 1 Year | 50,000 | £0.18 | £0.06 | £20 | Available | Price locked for 12 months |
| Fixed-term Contract | 3 Years | 100,000 | £0.17 | £0.055 | £15 | Available | Lower rate for longer contract |
| Flexible Purchasing | Variable | 200,000 | £0.16 | £0.05 | £25 | Available | Prices vary with market rates |
| Pass-through Contract | 2 Years | 150,000 | £0.15 | £0.045 | £30 | Not Available | Non-energy costs vary |
| Renewable Energy Contract | 1 Year | 75,000 | £0.19 | N/A | £10 | 100% Green | Only renewable electricity |
| Renewable Energy Contract | 3 Years | 100,000 | £0.18 | N/A | £10 | 100% Green | Discount for long-term commitment |
| Bespoke Contract | 5 Years | 500,000+ | Custom Pricing | Custom Pricing | Negotiable | Custom Options | Tailored for large businesses |
Additional fees:
- Monthly additional fees cover administrative and account management services. These can vary based on contract type and service level.
Green energy option:
- Available indicates that a green energy option is available for the contract type, offering renewable energy sources.
- Not available means the green option is not provided under that specific contract.
Understanding Total Gas & Power business energy pricing
Business energy pricing can be complex, with various factors influencing costs. Unlike domestic energy pricing, which is often standardised, business energy rates are typically bespoke, tailored to the specific needs and consumption patterns of the business. Factors influencing these rates include:
- Consumption levels: Higher usage typically results in lower rates per unit due to economies of scale.
- Contract length: Longer contracts can offer more stable and often lower rates, reducing exposure to market volatility.
- Market conditions: Energy prices fluctuate due to changes in supply and demand, geopolitical events, and market speculation.
- Credit rating: A business’s creditworthiness can impact the rates offered, with better credit ratings often securing more favourable terms.
Total Gas & Power pricing models
Total Gas & Power offers a variety of pricing models to cater to different business needs:
- Fixed-term contracts: These provide price certainty over a set period, usually ranging from one to five years. Fixed-term contracts are ideal for businesses looking to protect themselves from market volatility. The rates are agreed upon at the start of the contract and remain unchanged, regardless of market movements.
- Flexible purchasing contracts: These are designed for businesses with higher energy consumption and offer more control over when and how energy is purchased. Flexible contracts allow businesses to take advantage of favourable market conditions by purchasing energy in increments rather than a single block. This approach can lead to cost savings if managed effectively.
- Pass-through contracts: Under this model, certain non-energy costs, such as transmission and distribution charges, are passed through to the customer at cost. This transparency allows businesses to see exactly what they are paying for each component of their energy supply, potentially leading to cost savings if these charges decrease.
- Renewable energy contracts: For businesses looking to meet sustainability targets, Total Gas & Power offers green energy contracts. These contracts provide energy sourced from renewable sources, such as wind and solar, helping businesses reduce their carbon footprint.
Additional services and support
Total Gas & Power offers more than just energy supply. They provide a range of additional services designed to help businesses manage their energy use more efficiently and reduce costs. These services include:
- Energy management tools: Online portals and tools allow businesses to track their energy usage in real-time, helping them identify areas for improvement and potential savings.
- Energy audits: Comprehensive audits can identify inefficiencies in energy use, providing recommendations for improvements and cost reductions.
- Account management: Dedicated account managers are available to help businesses navigate their energy needs, offering tailored advice and support.
How to choose the right plan
Choosing the right energy plan requires careful consideration of a business’s specific needs and goals. Here are some steps to help make the decision:
- Assess energy usage: Understanding current and projected energy use is crucial. Businesses should analyse their consumption patterns to identify the most suitable contract type.
- Set a budget: Determine how much the business is willing to spend on energy and consider the trade-off between price certainty and flexibility.
- Consider sustainability goals: If reducing carbon emissions is a priority, explore renewable energy options.
- Evaluate market conditions: Keeping an eye on energy market trends can help businesses decide when to lock in rates or opt for a flexible purchasing strategy.
- Seek expert advice: Energy procurement can be complex, and seeking advice from energy consultants or account managers can provide valuable insights and recommendations.
For more, see our business energy comparison, and our price lists for business gas and business electricity.
FAQ – Total Gas & Power business pricing
Total Gas & Power offers several types of contracts for business customers, including:
Fixed-term contracts: Prices are locked in for a specific period, such as 1, 2, or 3 years. For example, a 1-year fixed-term contract might have a price of £0.18 per kWh for electricity.
Flexible purchasing contracts: These allow businesses to buy energy at different times to take advantage of market conditions, with prices potentially starting at £0.16 per kWh for electricity.
Pass-through contracts: These include a base price (e.g., £0.15 per kWh for electricity) plus additional charges that vary over time.
Renewable energy contracts: Typically priced at around £0.19 per kWh for 100% renewable electricity, with options for 1-year or longer terms.
Total Gas & Power calculates prices for fixed-term contracts based on factors such as contract length and energy consumption. For example, a 1-year fixed-term contract might have a price of £0.18 per kWh for electricity, while a 3-year contract could offer a lower rate of £0.17 per kWh due to the longer commitment.
Yes, Total Gas & Power includes additional fees in their business energy contracts. These can range from £10 to £30 per month, depending on the type of contract and services provided. For example, a pass-through contract might have a £30 monthly fee due to the administrative costs associated with variable charges.
Total Gas & Power typically charges a premium for renewable energy contracts. For example, a standard fixed-term contract might cost £0.17 per kWh, while a renewable energy contract could be priced at £0.19 per kWh, reflecting the use of 100% green energy sources.
Total Gas & Power’s flexible purchasing contracts are determined by market conditions and the timing of energy purchases. Rates can vary, but they often start at around £0.16 per kWh for electricity. These contracts allow businesses to potentially lower costs by purchasing energy when market prices are favourable.
Yes, Total Gas & Power offers bespoke contracts for larger businesses with specific energy needs. For businesses consuming over 500,000 kWh annually, Total Gas & Power can provide custom pricing, which is negotiated based on consumption, contract length, and market conditions. These tailored contracts often include negotiable monthly fees and bespoke service levels.
Total Gas & Power does offer discounts for longer contract terms. For example, a 1-year fixed-term contract may cost £0.18 per kWh, while a 3-year fixed-term contract may be reduced to £0.17 per kWh. This discount incentivises businesses to commit to longer terms, providing stability for both the supplier and the customer.
Total Gas & Power typically requires a minimum annual consumption of around 50,000 kWh for its business energy contracts. This threshold ensures that the pricing and contract terms are suitable for business needs, rather than domestic or low-usage commercial properties.
Yes, Total Gas & Power charges different rates for gas and electricity. For example, a fixed-term contract might have a price of £0.18 per kWh for electricity and £0.06 per kWh for gas. These rates reflect the different supply and market conditions for each type of energy.
Total Gas & Power typically reviews its business energy prices annually or more frequently if market conditions change significantly. This review process ensures that their pricing remains competitive and reflective of current market trends. For instance, prices might be adjusted quarterly based on fluctuations in the wholesale energy market.