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FAQ'sWhat is a Micro Business

What is a Micro Business?

In January 2010, the energy regulator Ofgem introduced new rules covering micro business customers entering into gas and electricity contracts.

What’s a micro business?

Before 31st March 2014, Ofgem defines a micro business customer as a consumer supplied or requiring to be supplied with gas or electricity at premises other than domestic premises, with:

  • an annual consumption of electricity of not more than 55,000 kWh;
  • OR an annual consumption of gas of not more than 200,000 kWh;
  • OR
  • Fewer than 10 employees (or their full time equivalent); AND an annual turnover or annual balance sheet total not exceeding €2 million.

A business only has to meet one of these three criteria to qualify as a microbusiness customer, although the consumption threshold applies to the fuel being supplied.

After 31st March 2014

For new and renewing customers after 31st March 2014, Ofgem defines a micro business customer as a consumer supplied or requiring to be supplied with gas or electricity at premises other than domestic premises, with:

  • an annual consumption of electricity of not more than 100,000 kWh;
  • OR
  • an annual consumption of gas of not more than 293,000 kWh;
  • OR
  • Fewer than 10 employees (or their full time equivalent); AND an annual turnover or annual balance sheet total not exceeding €2 million.

A business only has to meet one of these three criteria to qualify as a micro business customer, although the consumption threshold applies to the fuel being supplied.

If you would like a quote for your micro business then our online energy broker service can help you quickly obtain and compare energy prices online.