Electricity is a fundamental utility for all property owners, investors, and developers. Whether you manage residential apartments, commercial office spaces, or mixed-use properties, securing a reliable and cost-effective electricity supplier is critical to operational success and tenant satisfaction.
In the UK, while there is no single entity known formally as the National Electricity Supply Company, several key players dominate the national market, offering essential electricity services across all regions.
This guide clarifies what is meant by a "national electricity supply company," highlights the major providers, and explains what property owners need to know to make informed decisions.
In the UK, the electricity market is liberalised and regulated by Ofgem, meaning:
Multiple licensed suppliers compete nationally.
Consumers — including landlords, businesses, and individuals — have the right to choose their electricity provider.
Supply reliability is managed by transmission operators (like National Grid), not the suppliers themselves.
Thus, a “national electricity supply company” typically refers to any energy firm operating across England, Scotland, and Wales, offering electricity supply to residential, business, and commercial customers.
| Supplier | Market Focus | Key Strengths |
|---|---|---|
| British Gas | Residential and Business | Largest customer base, extensive services |
| EDF Energy | Residential and Commercial | Competitive fixed tariffs, nuclear energy focus |
| Octopus Energy | Residential and SME | 100% renewable, top-rated customer service |
| E.ON Next | Residential and SME | Green energy commitment, user-friendly digital tools |
| Scottish Power | Residential and SME | Renewable projects leadership |
| SSE Energy Services (part of OVO) | Residential and SME | Strong digital account management |
Fixed-Rate Electricity Plans: Locking unit prices for 1–3 years.
Variable-Rate Plans: Prices adjust with the wholesale market.
Green Energy Options: 100% renewable or part-renewable electricity.
Online Account Management: Self-service portals for billing and usage tracking.
Business and Portfolio Solutions: Consolidated billing and account management for landlords and commercial clients.
When selecting an electricity supplier for your properties, consider:
Compare unit rates (p/kWh) and standing charges.
Review fixed and flexible contract options to match your investment strategy.
Tenants increasingly value eco-friendly living.
Choosing a renewable electricity supplier can make your property more attractive.
Responsive customer support is essential for addressing billing issues, service transfers, and account changes.
Reliable online portals and mobile apps streamline bill payments, meter readings, and tenant transitions.
For landlords with multiple units, look for suppliers offering portfolio billing and dedicated account managers.
At Fraser Bond, we help landlords, investors, and developers optimize their property operations through:
Supplier Selection Advice: Identifying the best electricity suppliers for your portfolio.
Utility Setup Management: Handling account openings, transitions, and supplier negotiations.
Cost Optimization: Ensuring competitive energy rates and reducing operating expenses.
Sustainability Strategy: Advising on green energy options to future-proof property investments.
Our comprehensive property management approach ensures that every operational element — including energy supply — is handled seamlessly and strategically.
While the UK does not have a single “national electricity supply company,” property owners benefit from a competitive market filled with reliable national suppliers.
Choosing the right electricity partner is critical for protecting your investment, satisfying tenants, and maximizing operational efficiency. Fraser Bond’s expertise ensures that your property’s energy needs are fully met with minimum stress and maximum value.
