Small Business Electricity Rates

Own or manage a small business?  How much do you pay for electricity?

First, let’s clarify what it means to be called a “small” business.  While 10 different people might give 10 different answers as far as what defines a “small” business, you might be surprised how the SBA (Small Business Administration) defines one.  While the SBA varies the definition by industry — even with millions of dollars of annual revenue and dozens of employees, a business can still technically be considered to be a “small business.”

Some quick facts about small businesses:

  • 28 million small businesses in America account for around 50% of all sales
  • Since 1982, the number of small businesses in the US has increased almost 50%
  • Since 1990, small businesses have added 8 million new jobs
  • Small businesses in America occupy over 20 billion square feet of commercial space

So, again:  how much does your small business pay for electricity?

The answer is probably too much.  Cost of electricity and other utilities aside, small business owners are constantly dealing with rising expenses — whether it be raw goods, products, labor, equipment, utilities — when’s the last time the cost of something actually went down?

ElectricChoice.com might be able to reverse that trend for you and help you lower your electric rates.  Lower electric rates can lead to a lower monthly electric bill.  If you live in a deregulated state and area (Texas, Ohio, Pennsylvania, New York, New Jersey…), you might be able to switch to another electric provider with a better (lower) electric rate than what you’re paying today.

To see if you might be able to lower your current electric rate, enter your zip code up above or head over and enter it here.  If you live in an area we offer rates and plans, you’ll see a list of rates and plans offered by electric providers in your area along with information on that plan.

In addition to shopping around for a lower electric rate and possibly reducing your electric bill, you might consider checking out state and local energy efficiency programs.  Many states and areas offer programs/resources for small businesses to assist with lowering energy costs, increasing energy efficiency, etc.  The SBA has compiled a list of such resources.

Whether you live in a deregulated area or not, there are small steps all small businesses can take to help reduce energy consumption and associated costs.