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 select a plan that’s right for your business and budget, rather than settling for a default option.

Choose Energy takes the stress out of finding the right plan by partnering with leading commercial energy providers and guiding you through the signup 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 partner with providers to offer you 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 ways 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.

The Choose Energy team can help you understand all these factors and figure out what’s best for your business. Call the number on your screen to discuss your options with an expert.

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

• Fixed-rate plans: 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 long term.
• Variable-rate plans: This rate type fluctuates based on market conditions, changing monthly or quarterly. Variable rates are best for businesses that use less electricity with energy needs that fluctuate often.
• Time-of-use (TOU): 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: 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).

From small stores to large corporations, businesses have very unique energy needs. That’s why Choose Energy has implemented a tailored approach to commercial customers. Since 2008, we’ve worked with business owners to help them find the best commercial energy solutions. We have longstanding partnerships with some of the top energy companies, which enable us to provide competitive rates and plans designed for your needs.

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 that support 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 are 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 TXU Energy and Ambit Energy to offer competitive 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 to 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 13.92 cents per kWh at the time of writing.

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 EFL on your existing plan to determine 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.