Companies in Oklahoma get the best deal on electricity among states in the U.S., according to the April Choose Energy® Rate Report and Business Index, both based on the latest information from the U.S. Energy Information Administration. Commercial rates in the state were 7.10 cents per kilowatt hour – the nation’s lowest – and industrial rates were 4.85 cents/kWh – the country’s second lowest.
That meant businesses paid rates that are, on average, 70.8 percent of the U.S. average. Contrast that with Hawaii, where the combined rates are 340.1 percent higher than the national mean.
Following are the states where businesses paid the lowest rates for business energy, their combined commercial and industrial rates, and the percentage of the U.S. combined average – 16.87 cents/kWh: