Compare the Best Business Electricity Rates

Business owners in deregulated cities have the power to choose their commercial electricity plan. Taking advantage of your power to choose can help you save money by shopping for low rates from affordable suppliers. Choose Energy takes the stress out of finding the right plan by partnering with leading commercial energy providers and guiding you through the sign-up process. Here’s how to secure a new power plan for your business through our marketplace:

1. Gather your information. Have your utility bill, employee identification number, business address, and renewal rate (if available).
2. Call us or browse plans online. You have two options for setting up your business energy: call our business energy experts at the number on your screen or fill out this business energy form.
3. Power your business. Our team will answer any questions and provide guidance on energy plans from top providers at no cost or obligation to you. Select a plan, and you will be on your way to powering your business.

We provide a variety of pricing options for electric, natural gas, and renewable energy products tailored to your business needs. We have also created detailed guides to help you understand your commercial energy options. Consult our energy buying guide to learn more about plan types and how to reduce your electricity bill.

To get started comparing business energy plans, call the number on your screen.

Find the best business energy deals

Choose Energy partners with top business electricity companies, including TXU Energy and Ambit Energy, to offer competitive options tailored to your needs. Our energy team can help you compare offers from each provider based on the following criteria:

• Rate structure: Understand the differences between fixed and variable rates to determine which suits your business type.
• Contract terms: Compare plan lengths based on your business model or office lease. For example, if you plan to be in one location for a year, a 12-month electricity plan may be a good option.
• Renewable energy: Explore green energy plans for businesses with sustainability efforts or requirements.
• Additional fees: Consider any fees in addition to your rate or monthly bill estimate that may impact your total business expenses.

Take the guesswork out of choosing a business electricity plan and contact the Choose Energy team today to secure the best electricity rate for your business.

There are several different types of energy plans for businesses. Each plan has unique features that are best suited for various commercial needs, and Choose Energy can help determine which type is right for you.

• Fixed-rate plans for businesses: Secure a stable rate for the length of your contract. Fixed-rate plans are a good option for businesses with consistent electricity usage that want predictable electricity bills for the long term.
• Variable-rate plans for businesses: Rates fluctuate based on market conditions, changing monthly or quarterly. Variable rates are best for businesses that can take advantage of cost savings during times of low demand and have budget flexibility for high usage times.
• Time-of-use (TOU) business plans: TOU rates vary based on the time of day and season. Rates are typically higher during peak hours and lower during off-peak hours. These plans are a good option for businesses that can shift energy usage to off-peak hours.
• Green energy business plans: Reduce your business’s carbon footprint with a green energy plan. Opting for renewable energy sources can contribute to a more sustainable future for your business and the environment.

The following table features the commercial electricity rates by state based on information from the Energy Information Administration (EIA). All rates are in cents per kilowatt-hour (kWh).

Choose Energy has helped customers find affordable energy plans since 2008. Our experts take a unique approach to business customers by tailoring a selection of plans to their needs. We also have longstanding partnerships with some of the top energy companies offering business plans so you can rest assured you’re getting a competitive rate.

Choose Energy works with businesses of all sizes and industries. Some examples of businesses we’ve helped find affordable energy solutions include:

• Property management: Our partners offer tailored solutions for property managers and apartment buildings to save money on energy costs for residential and commercial properties.
• Small businesses: We help startups and family-owned businesses find personalized energy plans for their budget and energy needs.
• Schools and churches: We support schools and churches with energy plans promoting sustainability and cost-efficiency.
• Merchants: From retail stores to restaurants, we help merchants manage energy expenses so they can focus on core business operations.

If you aren’t satisfied with your current business electricity provider, we can help you switch plans. There are a few things you need to keep in mind when switching providers:

• Compare business electricity plans. Call the number on your screen to chat with our team about your business energy needs. Compare plan options based on your electricity consumption, usage habits, and budget, and receive quotes for electricity plans tailored to your business.
• Check your current contract. Review your energy plan’s Electricity Facts Label (EFL) to learn if there’s any cancellation fees. In some cases, it’s worth paying the fee if another plan offers better savings and benefits in the long run.
• Make the switch. Once you find the right fit, we can help you sign up for a new plan. After that, your new provider will handle the transition without interruption to your service.

Who is the cheapest electricity supplier for businesses?

The cheapest business electricity supplier depends on your business size, energy usage, and location. Choose Energy partners with top-rated brands, such as TXU Energy and Ambit Energy, to offer the lowest rates for your business.

Are there plans for multiple locations?

If your business has multiple locations, our experts can help find a plan that caters towards higher electricity consumption. Give our agents a call to discuss this option.

What’s the average business electricity rate?

Business electricity rates vary across the country, but the national average is 13.63 cents per kWh.

Are business electricity rates cheaper than residential rates?

Business electricity rates can sometimes be cheaper than residential rates because business owners are essentially buying electricity in bulk. Since businesses typically use more energy than homes, they can get a better rate when buying in larger quantities.

How much do I have to pay if I terminate my plan early?

Every business energy plan differs when it comes to early termination fees. Read the Electricity Facts Label on your existing plan to see if you’ll need to pay a fee for canceling prematurely. Some energy providers charge by the number of months left in your plan, while others charge a flat-rate fee.