Macquarie Bank Limited business energy supplier profile
Macquarie Bank Limited is a Macquarie Group entity with a London branch and energy/commodities operations spanning gas and power. Publicly available Macquarie materials describe its gas business as providing physical and financial market risk-management solutions, but I did not find a current public UK business gas tariff sheet or deemed-rate schedule for business customers.
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Snapshot, in plain English
Is Macquarie Bank Limited right for your business?
Independent sizing not yet published. See the Companies House Quick Look below for the licensed entity's basic details.
| Your business | Fit | Why |
|---|---|---|
| Single site SME | Possible | Confirm with our team before relying on this supplier. |
| Multi-site SME | Possible | Independent sizing not yet published. |
| I&C £250k to £1m spend | Possible | Independent sizing not yet published. |
| I&C above £1m spend | Possible | Independent sizing not yet published. |
Quick facts
| Trading name | Macquarie Bank Limited |
|---|---|
| Licence holder | |
| Supplies | Gas |
| Website | macquarie.com |
| Business phone | +44 20 3037 2000 |
| Email / contact | mblelectricity@macquarie.comContact page |
| Rate status | Quote required |
Company data
Live data on the licence-holding companies behind Macquarie Bank Limited, compiled by Purely Energy's independent research team and refreshed monthly.
Macquarie Bank Limited out-of-contract and deemed rates
Not publicly published / quote required
Macquarie Bank Limited published rate page
If you are on deemed, default, rollover, variable, or Out-of-contract rates, ask for a written renewal quote and compare it against live market prices before agreeing a new contract.
Where your p/kWh actually goes
Indicative split for a UK I&C electricity bill in 2026, sourced from Cornwall Insight's non-commodity cost research. Your meter, region and contract type shift the exact mix, but the four components are always present.
- Wholesale energy, 38%Gas or power bought on the wholesale market. The figure most coverage focuses on.
- Non-commodity costs, 53%Network charges (DUoS, TNUoS), policy levies (RO, FiT, CfD, Capacity Market), CCL and balancing costs.
- Supplier margin, 6%What the supplier earns. Always priced into the unit rate.
- Broker margin, 3%What we earn for tendering and managing the contract. Shown separately on every Purely Energy quote.
Who Macquarie Bank Limited may suit
Best fit for larger or specialist business energy users seeking negotiated or contract-based supply and risk-management solutions rather than a simple published SME tariff. Public materials point more strongly to commodities trading and bespoke solutions than to mass-market retail supply.
Trading name and licence-holder notes
The licence holder appears to trade under Macquarie / Macquarie Group branding rather than a separate UK energy retail brand. The clearest public UK entity reference is 'Macquarie Bank Limited (London branch)'. The small-customer contract PDF shows 'Macquarie Bank Limited' as the supplier legal entity and references an electricity retail / commodities page, but I did not find a distinct customer-facing UK gas retail brand or live rate page.
Switching from Macquarie Bank Limited to a fixed business contract
UK businesses can switch gas supply away from Macquarie Bank Limited once their fixed contract ends, or after resolving any open objection or termination-window issue. The process is the same for every supplier on the non-domestic market, but a few checks done in the right order make the transfer materially faster.
- 1. Find your contract end date. It's on your last renewal letter or the most recent bill from Macquarie Bank Limited. Most non-domestic contracts have a 1 to 6 month termination window before that date, outside of which you may auto-roll onto a new fixed term.
- 2. Get your MPRN ready. The 21-digit MPAN (electricity) and 6 to 10-digit MPRN (gas) uniquely identify each meter and are needed for any competing quote. Both appear on your bill.
- 3. Compare against the live market. Macquarie Bank Limited doesn't publish standard out-of-contract rates, so request a written renewal quote first and benchmark it against live market prices before agreeing anything. Purely Energy can run your meters against the wider UK panel and come back with the cheapest fixed offers.
- 4. Settle the final bill and clear any objections. Macquarie Bank Limited will issue a final bill within 6 weeks of supply transferring. If a balance is outstanding, they can object to the switch under industry rules, so clear it before the transfer date to avoid a hold.
- 5. Sign the new contract. Once the new supplier has your MPAN/MPRN and signed contract, the transfer typically completes within 4 to 8 weeks. There is no break in supply, you simply receive your first bill from the new supplier.
Need help with any of these steps? Our team handles the paperwork end-to-end as part of every quote.
Need help comparing Macquarie Bank Limited?
Purely Energy can check your current rates, compare renewal options across gas suppliers, and review whether switching could reduce your business energy costs.
FAQs
Who supplies energy under the Macquarie Bank Limited brand?+
The Ofgem non-domestic licence is held by MACQUARIE BANK LTD., ultimately part of Macquarie Bank Limited. The trading name on your bill or contract may differ from the licence holder, which is normal and reflects how UK energy is regulated.
What is the Macquarie Bank Limited business contact number?+
Macquarie Bank Limited can be reached on +44 20 3037 2000 or by email at mblelectricity@macquarie.com. The official contact page is https://www.macquarie.com/uk/en/about/contact.html.
Does Macquarie Bank Limited publish out-of-contract rates?+
Macquarie Bank Limited does not appear to publish a standard deemed or out-of-contract rate online. Business customers should request a written renewal quote in advance of their contract end date and compare it against live market prices.
Can I switch away from Macquarie Bank Limited?+
In most cases, businesses can switch gas supply away from Macquarie Bank Limited at the end of a fixed-term contract or after resolving any objections, debt, termination-window, or meter-data issues. The safest route is to check your contract terms, final bill position, and renewal dates before starting a transfer.
How long does it take to switch from Macquarie Bank Limited?+
Once a new supplier has the meter point details (MPAN/MPRN) and a signed contract, a non-domestic switch typically completes within 4 to 8 weeks. Supply does not break: the new supplier takes over billing on the transfer date.
Is Macquarie Bank Limited a UK-licensed supplier?+
Yes. Macquarie Bank Limited is on the Ofgem non-domestic licensee register for gas. Ofgem maintains the official register at ofgem.gov.uk.
What are out-of-contract business energy rates?+
Out-of-contract rates are the prices a business pays when no fixed-term contract is in place with its supplier. They can be materially higher than negotiated contract rates, so businesses should check their contract end date and renewal window before they expire.
Other UK gas suppliers
Compare Macquarie Bank Limited against these other UK non-domestic gas licensees on the same directory.
- BARROW SHIPPING LTD. / Fuels GasBARROW SHIPPING LTD.
- Ceres EnergyCERES ENERGY LTD.
- Crown Oil LtdCROWN OIL LTD.
- Data EnergyDATA ENERGY MANAGEMENT SERVICES LTD.
- Economy GasECONOMY GAS LTD.
- Eni Global Energy Markets (EGEM)ENI GLOBAL ENERGY MARKETS SPA
Or browse the full UK business energy supplier directory.
Sources
Public data this profile is built from. Always verify rate and contract details on the supplier's own website before relying on them.