Commercial Electricity Rates By State

In fact many companies in the united states only have one choice when it comes to their business electricity rates the local utility.

Commercial electricity rates by state.

These are the results for just one state but energy consumers across the country can profit from electric choice. Residential customers in texas the country s largest deregulated market for electricity pay a relatively low price for electricity as well of 11 68 cents per kwh. Don t be surprised at the price difference for residential electricity rates in the united states. The average commercial electricity rate of 15 06 kwh in ny is 49 26 greater than the national average commercial rate of 10 09 kwh.

On average homes in louisiana pay 9 53 cents per kwh. As a result some areas are subject to higher costs than others a. State commercial average electricity rate industrial average electricity rate. But the state government of texas understood that creating a competitive energy environment could drive down business electricity rates and potentially save commercial electric customers some money.

2020 electricity rates by state updated april 2020 for residents and businesses alike the cost of electricity is a regular expense that is incurred each and every month. Electricity rates by state the u s. Archived state electricity profiles choose a year. Texas industrial electricity rates are nearly 16 percent lower than the national average.

Their electricity supply and rates are typically handled a little bit differently than the other business classification types. From this data we can see the state with the lowest electric rates is louisiana. Average is 13 28 cents per kilowatt hour state electric prices last updated sept. Commercial electricity rates in new york average 15 06 kwh which ranks the state 2nd in the nation.

Average price of electricity to ultimate customers by end use sector by state june 2020 and 2019 cents per kilowatthour. Let s have a look at the average energy rates by state for commercial and residential customers. Large businesses are companies that consume a minimum of 100 000 kwh. Based on factors such as demand and available plans the amount that is paid can vary from state to state.

1 2020 the september choose energy rate report shows you just how much energy costs can vary using the latest electricity prices from the u s. Slightly below one fifth of the united states total energy consumption comes from commercial buildings. Commercial electricity rates in ny.