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Business Electricity Rates for Merchants

Learn more about securing the best electricity plan for your salon or auto shop.

At Choose Energy, our reporters seek out information that puts you in control of your energy. Our partners do not direct our editorial content, though we may reference their products in our posts. Read about how we make money to learn more.

For business

Business energy rates and plans for merchants

If you’re a business owner, you’re likely aware of how costly energy bills can impact your company. Whether you run a nail salon, hair salon, or auto shop, choosing the best commercial electricity plan can help you maximize your budget. 

According to the Energy Information Administration (EIA), the average U.S. commercial electric rate is currently 12.81 cents per kilowatt-hour (kWh). Commercial electricity rates are typically cheaper than residential ones because businesses rely on a large amount of energy to keep their facilities running properly. For example, the cost of heating water in hair and nail salons can quickly add up. Likewise, keeping your auto shop cool during hot summer days can significantly increase your electricity bill. Lighting and equipment for large facilities also add up on energy bills.