Compare the Best Business Electricity Rates

Your business has the power to choose its commercial electricity plan thanks to energy deregulation. The easiest way to shop for a commercial electricity plan is by using the Choose Energy marketplace, which does the work for you to find the best energy providers for your business. Here’s how:

1. Gather your resources. Have your utility bill, employee identification number, business address, and renewal rate available to answer questions.
2. Call us or submit a request. Fill out your contact information in the form on this page or call our business energy experts at the number on your screen.
3. Get customized plans. Our team will provide customized energy plans from the best providers at no cost or obligation to you.

We provide a variety of pricing options for electric, natural gas, and renewable energy products tailored to your business needs. Businesses that spend more than $5,000 per month on energy should call the number on the screen for a free quote, while businesses that spend less than $5,000 can call our team or submit their business online.

If you need more resources to help you with your commercial energy plan, use our energy buying guide to learn more about plan types and how to reduce your electricity bill. To get started, fill out the following form or 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 consultative approach helps you access the best business electricity rates for your needs. When you contact our team, we guide you through the decision-making process, and our experts will help you compare offers from each provider based on the following factors:

• 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 energy plan for your business.

Businesses have the power to choose a commercial energy plan in most deregulated energy markets. When you select your business electricity supplier, you can secure an affordable energy rate to optimize your budget. We work with the best energy suppliers for businesses to help you compare and find cheap commercial energy rates.

Business energy rates depend on your monthly usage, peak consumption times, and various other factors. The current average U.S. commercial energy rate is 12.22 cents per kilowatt-hour (kWh), according to the latest Energy Information Administration (EIA) data.

Call (855) 404-2027 to contact our business energy experts. They can guide you through the process and help you enroll in one of the best commercial electricity plans tailored to your business needs.

Commercial electricity rates vary by state. While North Dakota has a cheap commercial energy rate of 6.90 cents per kWh, business energy in Hawaii costs 36.15 cents per kWh. Find the commercial electricity rates in your state using the following table:

With experience in helping over 7,500 businesses nationwide (and counting), we have the expertise to help you take advantage of competitive rates, long-term plans, and renewable energy options offered by our partnered retail energy suppliers.

Choose Energy helps you customize your deregulated commercial energy plan to fit your needs and budget based on your business’s size and average electricity bill. We work with nationally trusted suppliers, many with top-rated commercial energy reviews, offering a range of selections, including:

• Natural gas plans
• Electric plans
• Green or renewable energy options
• RECs or Renewable Energy Certificates
• Office Efficiency Incentives

Areas we serve

Choose Energy helps businesses save money on energy bills in California, Connecticut, Delaware, Florida, Georgia, Indiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Texas, Virginia, Washington, D.C., and Wisconsin.

Whether you have a large commercial operation or a small business, Choose Energy provides expert guidance and customized energy plans to meet your specific needs. We specialize in the following industries:

• Property management: Choose Energy’s 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 your 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.

On average, businesses use 6,054 kWh per month, whereas the typical home consumes 855 kWh monthly. Since businesses consume significantly more energy than the typical household — thanks to their larger size, extended operating hours, and equipment usage — they benefit more from lower rates. For example, based on the latest EIA data, in Texas, the average price for commercial electricity is 8.73 cents per kWh, while the average residential rate is 15.60 cents/kWh.

Some businesses consume significant amounts of power 24 hours a day, while homes may have varying hours of usage. For example, a manufacturing facility may operate non-stop to meet production demands, while most households lower their electricity usage during overnight hours. The higher usage requirements allow businesses to buy energy in bulk.

While there are many energy plan types, the most common for businesses include:

• Fixed-rate plans for businesses: Secure a consistent rate for the length of your contract. Fixed-rate plans are a good option for businesses with consistent electricity usage that want stable electricity bills.
• 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.

It can be a good idea to switch energy plans or providers if you’re not satisfied with the services you’re receiving or want to take advantage of lower rates. Likewise, if you’re moving your business to a place where your current provider does not operate, you’ll need to find a new business electricity provider. Use the following steps to switch business electricity providers.

• Compare business electricity plans. Fill out the form on this page or 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 determine any cancellation fees. You may not have to pay fees if you are near the end of your contract. The benefits and savings of switching plans may outweigh the cost of cancellation fees.
• Make the switch. Your new provider will handle the transition without interruption to your service.
• Enjoy energy savings. Secure an affordable rate on your monthly electricity bills with your new energy plan.

Choose Energy encourages the power to choose business energy plans to help you save time and money. Our business energy experts can help you find the best commercial electricity rates for your business. Get started by calling (855) 404-2027.

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 discounts or plans for multiple locations?

Yes. Business electricity providers offer discounts or specialized plans for businesses with multiple locations or higher electricity usage.

What is the average business electricity rate?

The current average U.S. commercial energy rate is 12.22 cents per kWh, while the average rate in Texas, for example, is 8.73 cents per kWh.

Is commercial electricity cheaper?

Business energy rates are cheaper than residential rates because businesses generally use a greater amount of kWh. Businesses benefit from buying in bulk and may qualify for unique pricing structures, which can lead to more savings.

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.