Who is Corona Energy?
Corona Energy is one of the UK's leading independent business gas suppliers, specialising in providing gas supply solutions to commercial and industrial customers.
Founded in 1995, Corona Energy has established itself as a trusted and reliable energy provider, serving thousands of businesses across various sectors, including retail, manufacturing, hospitality, and healthcare.
Taking a customer-centric approach, Corona Energy believe the provision of business energy ought to be a smooth, streamlined process. They are committed to fulfilling the long-term needs of their customers, whilst always looking for new opportunities to grow and adapt in an ever-changing energy market.
Corona strives to empower their team at every level, with employees mandated to undergo training sessions to ensure their skillsets are kept sharp and relevant. This enables them to make sound decisions on behalf of their clients, providing them with an elevated service for optimal satisfaction.
Corona Energy's dedication to excellence, innovation, and customer satisfaction has earned it recognition as a trusted partner for businesses seeking reliable and cost-effective gas supply solutions.
What tariffs does Corona Energy provide to SMEs?
Corona offers a range of gas and electricity tariffs to over 11,000 SME customers, with a raft of fixed-rate and flexible contracts available to suit the needs of SMEs of all shapes and sizes.
Corona Energy customise your price based on the size of your business and how energy intensive it is. All gas and electricity bills are paid by direct debit.
Fixed-rate tariffs for SMEs
Corona Energy’s fixed-rate tariffs can be fixed for up to 36 months, and all come with the option of 100% renewable electricity, which is particularly useful if your business has sustainability goals it wants to meet.
The following is an example of a 3-year fixed rate tariff:
| Rate Type | Price fixed for three years |
|---|---|
| Price (per unit) | 23.56 Pence/Unit |
| Standing Charge (per day) | 117.14 Pence/Day |
| Total New Spend (per month) | £349.70 |
| Total New Spend (per annum) | £4,196.35 |
The longer you fix your deal for, the more your unit price will be. However, the upside is that you are guaranteed to be protected against price fluctuations in the wholesale market.
Variable tariffs for SMEs
Corona Energy’s variable tariffs offer businesses greater flexibility in the management of their energy. Unit rates will fluctuate with the market, but businesses are able to cancel their energy contract at any time.
Below is an example of a variable tariff offered by Corona Energy:
| Rate Type | Price variable for three years |
|---|---|
| Price (per unit) | 25.55 Pence/Unit |
| Standing Charge (per day) | 102.94 Pence/Day |
| Total New Spend (per month) | £371.85 |
| Total New Spend (per annum) | £4,462.15 |
As you can see, the price per unit of energy is typically greater in a variable tariff than in a fixed-rate tariff. However, you are not locked into a contract for a fixed period, so if your business values flexibility or requires short-term power, then a variable tariff could be the right choice for you.
Deemed tariffs
If you are out of contract with Corona but still using their energy, the provider will place you on a deemed tariff.
The energy price for deemed contracts is always pricier than fixed rates and are subject to volatile changes. So, it is advisable to contact Corona energy and negotiate a new contract or switch supplier as soon as possible. Use our comparison service to assess all the fixed-term and flexible deals available on the market.
What tariffs does Corona Energy provide to large businesses?
Corona Energy specialises in supplying multi-site organisations and large businesses. They offer a range of fixed-rate and flexible contracts, renewable products, and dedicated account managers to help large businesses manage their energy.
Their fixed-rate offering provides businesses with price certainty and stability by locking in a fixed unit price for a specified period, typically ranging from one to three years. This allows larger businesses to budget effectively and protect themselves against fluctuations in energy prices, providing peace of mind and financial predictability.
Corona Energy also has a host of flexible deals on offer, affording large businesses greater flexibility and control over their energy procurement strategy. These contracts typically feature variable pricing structures that fluctuate in line with market conditions, allowing businesses to take advantage of favourable market opportunities and optimise their energy costs.
Flexible deals include options like index-linked pricing and pass-through pricing, which can suit large businesses looking to take advantage of market conditions to get better bang for their buck.
By offering both fixed-rate and flexible-rate deals, Corona Energy caters to the diverse needs and preferences of larger businesses, providing them with tailored energy solutions to support their operational efficiency, cost management, and strategic objectives.
What other services does Corona Energy offer?
Corona Energy recognises that businesses are always on the hunt for energy-saving solutions. As such, they offer several services that can help businesses optimise their energy usage and save money. These include:
Smart meters
Corona Energy offers installation of smart meters to businesses across the UK, enabling them to receive automated meter readings.myCorona online account management system
Access to all account and billing information is available on myCorona, an online 24/7 account management system.Solar products and Power Purchase Agreements
As part of its Power Purchase Agreement (PPA) contracts, Corona Energy offers businesses solar panel installation and maintenance, helping companies meet renewable energy targets and save money in the long term. Additionally, businesses are able to sell power they generate on-site back to the national grid through Corona Energy.
Corona Energy Fuel Mix
Corona Energy’s last published fuel mix is for the period 2024-2025:
Fuel | Average Percentage |
|---|---|
Coal | 11.2% |
Natural Gas | 56.4% |
Nuclear | 2.9% |
Renewable | 24.7% |
Other | 4.8% |
Environmental Impact:
CO2 Emissions: 363 g/kWh
Radioactive Waste: 0.00021 g/kWh
How to cancel Corona Business Energy
As is standard across all business energy contracts, once you sign a fixed-rate deal, you are obligated to fulfil the contract until its end date. If you want to leave before your end date, you will typically be charged an early termination fee. Please contact Corona Energy to find out more.
When you have 60 days left on your deal, Corona Energy will contact you with renewable options. If you choose not to renew your contract, then you can switch supplier, providing you give 30 days or more notice to Corona Energy.
Ensure you have settled all outstanding debts to Corona Energy before switching suppliers. Use our switching tool to help you compare all business energy deals currently on the market. We’ll help you find the best deal for your business.
How to contact Corona Business
Customer Services: 0800 804 8589 (Monday-Friday, 9 am to 5 pm)
Email: customerservice@coronaenergy.co.uk
Media Enquiries: mediaenquiries@coronaenergy.co.uk
Address: Edward Hyde Building,
38 Clarendon Rd,
Watford,
Hertfordshire,
WD17 1JW,
United Kingdom
Social media: Facebook, X, and LinkedIn.