CRITICAL DECISION • JANUARY 2026

Fixed vs Flexible Business Energy 2026

Choose wrong and overpay thousands. Our expert analysis reveals which tariff type saves 90% of SMEs money while protecting against market volatility.

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90%
SMEs Better with Fixed
£3,000+
Potential Annual Saving
0%
Price Cap Protection
2-3 Years
Optimal Fixed Term

Fixed vs Flexible Business Energy: What's the Difference?

Fixed Business Energy Tariff

Locks in your unit rates & standing charges for 1–5 years.

✅ Prices stay the same throughout contract

✅ Protection from wholesale price rises

✅ Predictable budgeting & cashflow

✅ Exit fees usually apply for early termination

Flexible Business Energy Tariff

Rates track wholesale market prices & can change frequently.

✅ No long-term price lock

✅ Exposure to market volatility

✅ Rates can change monthly or more often

✅ Usually no fixed exit fees

Fixed vs Flexible: Side-by-Side Comparison

Feature Fixed Tariff Flexible Tariff
Price Certainty ✅ Yes - Locked for contract term ❌ No - Changes with market
Protection from Price Spikes ✅ Full protection ❌ No protection
Benefit from Price Drops ❌ No - Rates remain fixed ✅ Yes - Follows market down
Budget Predictability High - Consistent monthly costs Low - Variable monthly costs
Risk Level Low - Controlled exposure High - Uncontrolled exposure
Best for Most SMEs ✅ Yes - 90% of businesses ❌ No - Only 10% of businesses
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Total Annual Cost Matters

Compare total cost including standing charges and unit rates. For 90% of SMEs, fixed tariffs provide lower overall costs when factoring in risk protection and budgeting certainty. Flexible headline rates are misleading without volatility context.

Which Is Cheaper: Fixed or Flexible Business Energy?

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Fixed Usually Wins

For most businesses in 2026, fixed tariffs are cheaper overall due to competitive supplier pricing and risk premiums in flexible rates.

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Supplier Pricing Strategy

Suppliers price fixed deals aggressively to win business. Flexible tariffs often include a "risk premium" for market exposure.

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Market Timing Difficulty

Attempting to "time the market" with flexible tariffs rarely succeeds. Businesses waiting for price drops often miss savings windows.

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Historical Data Analysis

Over 3-year periods, fixed contracts outperform flexible for 80% of SMEs when considering price spikes and volatility.

⚠️ The Biggest Risk of Flexible Business Energy Tariffs

Uncontrolled price rises hit cashflow directly. Business energy has NO price cap protection. Flexible tariffs can increase dramatically during cold winters, geopolitical instability, or supply shortages. A 50% price spike could devastate SME margins without warning.

Business Risk Assessment: Which Tariff Suits You?

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Fixed Tariff
Low Risk
⚖️
Evaluate Needs
Medium Risk
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Flexible Tariff
High Risk

Simple Rule: Ask "If my energy prices doubled next quarter, would my business cope?" If NO → choose fixed. If YES → flexible might be suitable.

When to Choose Fixed vs Flexible

Choose Fixed If:

✅ You want predictable monthly costs

✅ Energy is a major overhead

✅ You don't track wholesale markets

✅ You're a small/medium business

✅ You're risk-averse

✅ You value budgeting certainty

DESCRIBES 90% OF UK SMES

Consider Flexible If:

✅ You're a large energy user (50,000+ kWh)

✅ You have in-house energy expertise

✅ You can tolerate price volatility

✅ You actively manage procurement

✅ You use hedging strategies

✅ You monitor markets daily

DESCRIBES ONLY 10% OF BUSINESSES

Common Myths About Flexible Business Energy

"Flexible is Always Cheaper"

False. Only true in specific falling market conditions. Over typical 2-3 year contracts, fixed usually wins.

"I Can Time the Market"

Unlikely. Even energy traders with sophisticated tools struggle. SMEs lack resources for market timing.

"Fixed Tariffs Are a Rip-off"

False. Fixed tariffs are competitively priced and provide valuable price certainty for SMEs.

"Smart Meters Need Flexible"

False. Smart meters work with both tariff types. More data ≠ lower costs with poor timing.

How Much Can Fixed Tariffs Save vs Flexible?

Micro-businesses save £300–£700 | Small offices & shops save £800–£2,000 | High-usage SMEs save £3,000+

Stop Gambling with Energy Costs

Choose the tariff that protects your margins. For 90% of SMEs, fixed business energy provides the optimal balance of cost control and risk management.