Find the best electricity rate for your business
Compare the average commercial rate in every state, then — where your market is open — see the lowest live supplier rate we index and what it would save you.
See rates by stateWhy business rates are so hard to compare
Households get clean comparison tables in every deregulated state. Businesses get a phone number and a middleman.
No public rate table
Residential shoppers can compare offers in minutes. For commercial accounts that tool barely exists — the data sits scattered across state board sites.
Brokers own the search results
Most top results are lead-generation firms paid to route your account, not to rank the cheapest contract you could actually sign.
Miss a renewal, pay far more
Let a fixed term lapse and the account rolls to a month-to-month holdover rate — routinely the most expensive rate on the bill.
What this page gives you
All jurisdictions by average commercial rate, cheapest first.
14 markets are deregulated. In the other 37 there is no supplier to choose.
Where a board is indexed, the lowest live supply rate on it.
The number that decides whether a demand-heavy plan will cost you.
Business electricity rates by state
Average commercial cents per kilowatt-hour, ranked lowest to highest.
| # | State | Avg. rate | vs. national | Market | Best rate to beat it |
|---|---|---|---|---|---|
| 1 | North Dakota ND | 7.56¢ | -48% | Regulated | Not available |
| 2 | Oklahoma OK | 8.38¢ | -43% | Regulated | Not available |
| 3 | Nebraska NE | 9.19¢ | -37% | Regulated | Not available |
| 4 | Utah UT | 9.23¢ | -37% | Regulated | Not available |
| 5 | Idaho ID | 9.51¢ | -35% | Regulated | Not available |
| 6 | Texas TX | 9.55¢ | -35% | Deregulated | Coming soon |
| 7 | Virginia VA | 9.65¢ | -34% | Regulated | Not available |
| 8 | Arkansas AR | 9.94¢ | -32% | Regulated | Not available |
| 9 | Missouri MO | 10.14¢ | -31% | Regulated | Not available |
| 10 | North Carolina NC | 10.57¢ | -28% | Regulated | Not available |
| 11 | Louisiana LA | 10.60¢ | -28% | Regulated | Not available |
| 12 | Iowa IA | 10.72¢ | -27% | Regulated | Not available |
| 13 | Nevada NV | 10.88¢ | -26% | Regulated | Not available |
| 14 | New Mexico NM | 10.91¢ | -25% | Regulated | Not available |
| 15 | Wyoming WY | 11.00¢ | -25% | Regulated | Not available |
| 16 | Kansas KS | 11.05¢ | -25% | Regulated | Not available |
| 17 | South Carolina SC | 11.07¢ | -24% | Regulated | Not available |
| 18 | Florida FL | 11.25¢ | -23% | Regulated | Not available |
| 19 | South Dakota SD | 11.26¢ | -23% | Regulated | Not available |
| 20 | West Virginia WV | 11.59¢ | -21% | Regulated | Not available |
| 21 | Kentucky KY | 11.64¢ | -21% | Regulated | Not available |
| 22 | Georgia GA | 11.65¢ | -20% | Regulated | Not available |
| 23 | Colorado CO | 11.87¢ | -19% | Regulated | Not available |
| 24 | Mississippi MS | 12.06¢ | -18% | Regulated | Not available |
| 25 | Illinois IL | 12.43¢ | -15% | Deregulated | Coming soon |
| 26 | Oregon OR | 12.58¢ | -14% | Regulated | Not available |
| 27 | Indiana IN | 12.73¢ | -13% | Regulated | Not available |
| 28 | Minnesota MN | 12.78¢ | -13% | Regulated | Not available |
| 29 | Wisconsin WI | 12.86¢ | -12% | Regulated | Not available |
| 30 | Washington WA | 13.22¢ | -10% | Regulated | Not available |
| 31 | Montana MT | 13.30¢ | -9% | Regulated | Not available |
| 32 | Pennsylvania PA | 13.31¢ | -9% | Deregulated | 8.75¢Save 34% |
| 33 | Michigan MI | 14.64¢ | Average | Regulated | Not available |
| 34 | Alabama AL | 14.84¢ | +1% | Regulated | Not available |
| 35 | Arizona AZ | 15.61¢ | +7% | Regulated | Not available |
| 36 | Maryland MD | 15.74¢ | +7% | Deregulated | Coming soon |
| 37 | New Jersey NJ | 15.85¢ | +8% | Deregulated | Coming soon |
| 38 | Ohio OH | 16.09¢ | +10% | Deregulated | 6.89¢Save 57% |
| 39 | Delaware DE | 16.54¢ | +13% | Deregulated | Coming soon |
| 40 | Tennessee TN | 18.01¢ | +23% | Regulated | Not available |
| 41 | Vermont VT | 19.25¢ | +31% | Regulated | Not available |
| 42 | District of Columbia DC | 19.98¢ | +36% | Deregulated | Coming soon |
| 43 | New Hampshire NH | 20.24¢ | +38% | Deregulated | Coming soon |
| 44 | New York NY | 20.64¢ | +41% | Deregulated | Coming soon |
| 45 | Maine ME | 21.39¢ | +46% | Deregulated | Coming soon |
| 46 | Alaska AK | 22.25¢ | +52% | Regulated | Not available |
| 47 | Connecticut CT | 23.00¢ | +57% | Deregulated | Coming soon |
| 48 | Rhode Island RI | 23.17¢ | +58% | Deregulated | Coming soon |
| 49 | Massachusetts MA | 24.96¢ | +70% | Deregulated | Coming soon |
| 50 | California CA | 31.25¢ | +113% | Regulated | Not available |
| 51 | Hawaii HI | 39.13¢ | +167% | Regulated | Not available |
State averages are population-weighted commercial rates derived from the EIA-861 dataset. They are a close proxy for the published state average, and run roughly a cent low in deregulated states, where the utility bundled rate is not what most businesses actually pay. "Best rate to beat it" is the lowest live supply rate we index in that state today.
Where we index live rates today
These state boards are indexed and validated against the source. The remaining deregulated markets are queued.
PA
- State average
- 13.31¢
- Saving vs. average
- 34%
- Offers indexed
- 335
- Suppliers
- 24
OH
- State average
- 16.09¢
- Saving vs. average
- 57%
- Offers indexed
- 218
- Suppliers
- 22
Deregulated vs. regulated states
Average commercial rate across each group.
Read this carefully: deregulated states average higher, but deregulation is not what makes them expensive. The retail-choice group is dominated by high-cost Northeast states that were costly long before they opened their markets. The useful comparison is not between these two columns; it is between your own state's average and the lowest offer you can actually sign in it.
Load factor calculator
Load factor is how steadily you draw power. A low one means demand charges, not the energy rate, may be driving your bill — and a cheap headline rate will not fix it.
Commercial plan types
What a supplier will actually offer you, and who each one suits.
Fixed rate
One locked energy rate for the whole term. Immune to market swings and the easiest plan to compare like for like.
Best for: Predictable budgets and steady usageVariable rate
The rate moves with the wholesale market month to month. It can undercut a fixed rate, and it can spike hard in a cold snap.
Best for: Short gaps between contractsBlock & index
Part of your volume is locked as a block, the rest floats with the index. Splits the risk rather than taking one side of it.
Best for: Larger accounts with a supply strategyTime of use
Different rates by time of day, with peak hours priced highest. Rewards load you can shift off the afternoon peak.
Best for: Flexible or off-peak operationsFrequently asked questions
Where do these state rates come from?
They are population-weighted commercial rates derived from the EIA-861 utility dataset. That makes them a close proxy for the published state average rather than the published figure itself. The proxy runs slightly low in deregulated states, because the utility bundled rate is not what most businesses there actually pay.
What does "deregulated" mean for my business?
In a deregulated, or retail-choice, state you select your own electricity supplier while your existing utility still delivers the power, reads the meter and handles outages. In a regulated state there is no supplier to shop — you pay the utility's regulated rate.
Why do only some states show a best rate?
Those are the state boards we index live today. Other deregulated states are marked "coming soon" rather than shown empty — a board is only listed once its offers have been validated against the source. Regulated states show nothing to shop because there genuinely is not anything.
Is the best rate what my whole bill will cost?
No. It is the energy, or supply, rate — the one part you can competitively shop. Your bill also carries utility delivery charges, and larger accounts pay demand charges based on peak kW. Because the state average shown is a bundled all-in figure, a supply rate below it is directional, not an exact bill comparison.
When should I shop for a new contract?
Start 60 to 90 days before your current term ends. That leaves time to compare and enrol before the account lapses onto a month-to-month holdover rate, which is often the most expensive rate you will pay all year.
Does a low rate matter if my load factor is poor?
Less than you would hope. A low load factor means you draw short, sharp peaks, and demand charges can then make up a large share of the bill. Fix the peak first; a cheaper energy rate only discounts the portion of the bill that scales with kilowatt-hours.
Find your state, then beat its average
See where your state ranks and, where the market is open, the lowest live supplier rate we index.
See rates by state