Compare Business Electricity Plans & Prices

Energy deregulation for businesses

In deregulated energy markets like Texas, businesses can save on utility costs by shopping for an electric provider and plan. Deregulation opens the energy market up to competition, giving you the power to choose your energy plan. From churches and schools to small businesses, SaveOnEnergy has various plans to fit your budget and unique electricity needs.

Our free marketplace simplifies this process to save you time and effort. We work with trusted commercial electricity providers, including Ambit Energy and TXU Energy, to help you find customized business electricity plans. Fill out the form or call the number on this page to begin building your power plan.

Business electricity price comparison

Compare commercial energy prices by shopping with SaveOnEnergy. We can help you secure electricity rates lower than the national average. Commercial electricity rates increased by nearly 19% nationally between 2020 and 2023, according to data from the Energy Information Administration (EIA).

The following is the national business electricity price comparison over the past five years based on the average usage of 6,019 kilowatt-hours (kWh) per month.

SaveOnEnergy can help you explore the best energy deals for your business. To get started, fill out our business energy form on this page, or call the number on your screen to speak with one of our energy experts.

Compare commercial energy prices to residential rates

Choosing an energy plan is slightly different for business owners than for residential customers. When residential customers use SaveOnEnergy’s free marketplace, they only need to enter their ZIP code. After comparing plans, they can sign up online. However, finding the best business energy deals involves a few additional steps.

The reason is simple: Residents use less electricity than businesses. According to the EIA, the average U.S. household uses 899 kWh per month. However, average commercial electricity usage is 6,054 kWh per month — more than six times as much as the typical home.

Business electricity rates are normally lower than residential prices due to significantly higher energy usage. Energy companies offer cheap commercial electricity rates because businesses buy energy in bulk. Compare the average U.S. residential and business energy prices per kWh based on data from the EIA from November 2024.

Energy usage patterns also differ between residents, small businesses, and large companies. While households typically use most of their electricity during the daytime and early evening, many businesses consume power 24 hours a day. However, not all businesses use the same amount of energy. For example, inpatient healthcare facilities use around twice as much electricity as outpatient businesses, and office buildings use far more than all other commercial sectors.

Business energy price comparison by size

Small and large businesses use energy differently depending on the scale of operation, peak demand periods, and energy efficiency measures.

For example, a nail salon likely uses significantly less energy than an apartment building. Nail salons and other merchants mostly consume energy during typical operating hours, which range from about 8 a.m. to 5 p.m. On the other hand, an apartment building’s peak hours are in the morning when tenants leave for work or school and in the evenings when they return.

Compare business electricity bill costs based on energy usage and the average commercial rate of 12.22 cents per kWh.

Find cheap business electricity rates with SaveOnEnergy

SaveOnEnergy can help you find and compare affordable commercial electricity rates. Here’s how the process works:

• Prepare for a few questions. Be prepared to answer some questions about your business. A good place to start is by gathering a past electricity bill, your employee identification number, and business address.
• Contact us. Call the number on this page or fill out our form, and one of our energy experts will contact you. We’ll confirm what type of business you own, the time of day it uses the most energy, and how much electricity it typically uses monthly.
• Get a customized business energy plan. Our energy experts will provide customized options from trusted business energy companies without any cost or obligation to you.

Your SaveOnEnergy agent will give you a phone number to speak with them directly if you have any future questions.

New businesses vs established businesses

Setting up service for a new business has a few more steps compared to an established business. But don’t worry, your SaveOnEnergy agent will lead you through the process.

The main challenge facing new businesses is you don’t have a record of your typical energy usage. There are a few ways you can address this:

• Come prepared with the size of your business. This will help the agent estimate the traffic your business could experience.
• Know the hours you will be operating. This information will help you estimate your peak hours for energy usage.
• Explain what your business does. Our energy experts can estimate your future energy consumption based on what your business does.
• Consider a short contract. A shorter contract would allow for more flexibility until you figure out your typical usage levels within the first few months.

How to switch business electricity plans

Switching business electricity plans to one with a lower rate or better perks could help your business decrease energy expenses. If your city or state has renewable energy standards for businesses, shifting to a green energy plan can increase energy bill savings. Use the following steps to switch your energy plan.

• Compare business electricity plans. Contact our team by calling the number on your screen or filling out the form on this page and letting them know you want to switch providers. Compare business energy plans based on your usage habits and budget.
• Review your current contract. Read your current energy plan’s Electricity Facts Label (EFL) to determine potential fees. You can likely switch without any fees if your contract is almost over. However, if you want to end service before your contract is up, you may have to pay an early termination fee.
• Switch business electricity plans. Your provider will handle the transition when you choose a new energy plan. You can call the number on your screen to ask questions and chat with our energy experts.

Business energy companies and utilities

Regardless of your business energy supplier, your utility company will deliver electricity to your business. Utilities maintain the electrical grid and restore power outages in your area. You must contact your utility company if your business experiences a power outage.

Your utility company is determined by location, so you can’t choose your utility. However, deregulation gives you the flexibility to choose your energy provider. Your provider maintains your account and handles billing.

How much electricity do businesses use?

Space heating accounts for the highest percentage of electricity usage in businesses, according to the EIA. However, businesses consume electricity in various ways. Understanding how your company uses power is important when searching for business electricity rates.

How to save energy for your business

Savings energy is good for the environment, and for your budget. As a business owner, we know you have lots of expenses to consider. Here are a few ways you can reduce your energy consumption:

• Improve your lighting. Switching to LED lighting is an excellent and cheap way to save energy. LED light bulbs use 75% less energy than traditional ones and last approximately 25 times longer.
• Upgrade to your appliances. Energy-efficient appliances use less energy and can save you money. ENERGY STAR is supported by the Environmental Protection Agency (EPA) and offers a wide selection of certified energy-efficient products.
• Invest in renewable energy. If you live in a deregulated state, you can choose green energy plans and providers for your electricity. If you want to go a step further, consider installing solar panels or switching company cars to electric vehicles.