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Business electricity use in City of London

Businesses and other organisations in City of London used 1,526 GWh of electricity in 2024, across 6,114 business meters. That is 37.9% less than in 2012, and 3.0% less than in 2023.

  • Official government figures, 2012 to 2024
  • City of London is number 3 of 33 council areas in London by business electricity use
  • Free business energy quotes for firms in the area

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City of London in figures

Business electricity use, 20241,526 GWh
Change since 2012-37.9%
Change since 2023-3.0%
Business electricity meters6,114
Average use per business meter249,594 kWh (Great Britain 61,524 kWh)
Rank in London3 of 33
Business electricity use in City of London, GWh a year, 2012 to 2024
2,4562012
2,4132013
2,3032014
2,2412015
2,1592016
2,0872017
2,0942018
2,0292019
1,5862020
1,5702021
1,6202022
1,5742023
1,5262024

Source: Department for Energy Security and Net Zero, subnational electricity consumption statistics, 2012 to 2024. Non-domestic means businesses and other organisations, including public buildings. Meters are counted in thousands by DESNZ.

What businesses in City of London pay

Government figures put the average price paid by the smallest businesses at 38.36p per kWh in Q2 2026, including the Climate Change Levy and excluding VAT. See business electricity prices by business size, or get quotes for your own premises using the form above.

Other council areas in London

Business electricity use in every council area

Questions businesses ask

How much electricity do businesses in City of London use?

Non-domestic users in City of London used 1,526 GWh of electricity in 2024, according to government figures, across 6,114 meters, an average of 249,594 kWh per meter.

Is business electricity use in City of London rising or falling?

It is 37.9% less than in 2012 and 3.0% less than in 2023. Changes reflect firms opening, closing or moving, efficiency improvements, and large sites such as factories or data centres.

How can a business in City of London cut its electricity costs?

Check when your contract ends and compare offers before then, so you are not moved onto out-of-contract rates. Compare the unit rate and standing charge together. An independent consultant can get quotes for you.

Contract ending soon?

Get quotes in now, before you are moved onto out-of-contract rates.

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