Last updated:

Here are current business electricity rates and plans as of June 2025:

Provider Contract Length Rate
NRG 6 months 6.02 ¢/kWh
Gexa Energy 6 months 6.24 ¢/kWh
Hudson Energy 6 months 6.50 ¢/kWh
Pulse Power 18 months 6.57 ¢/kWh
Direct Energy 6 months 6.57 ¢/kWh
AP GAS & ELECTRIC (TX) LLC 6 months 6.59 ¢/kWh
Pulse Power 30 months 6.75 ¢/kWh
NRG 18 months 6.78 ¢/kWh
Pulse Power 12 months 6.78 ¢/kWh
Freepoint Energy Solutions 6 months 6.78 ¢/kWh
Pulse Power 36 months 6.82 ¢/kWh
Pulse Power 24 months 6.82 ¢/kWh
NRG 30 months 6.89 ¢/kWh
NRG 12 months 6.92 ¢/kWh
NRG 60 months 6.95 ¢/kWh
NRG 24 months 6.95 ¢/kWh
NRG 36 months 6.97 ¢/kWh
NRG 48 months 6.98 ¢/kWh
AP GAS & ELECTRIC (TX) LLC 18 months 7.00 ¢/kWh
IronHorse Power Services 6 months 7.06 ¢/kWh
Hudson Energy 18 months 7.10 ¢/kWh
AP GAS & ELECTRIC (TX) LLC 12 months 7.12 ¢/kWh
Gexa Energy 18 months 7.18 ¢/kWh

Data source:  Direct from commercial energy providers and our own internal, proprietary data source, collection, and/or analysis.

Business Electricity Rates by State

This table shows average prices for business electricity across the United States:

State Avg. Commercial Rate (cents/kWh)
Alabama 12.84 ¢/kWh
Alaska 20.73 ¢/kWh
Arizona 11.27 ¢/kWh
Arkansas 10.19 ¢/kWh
California 25.41 ¢/kWh
Colorado 11.83 ¢/kWh
Connecticut 20.16 ¢/kWh
Delaware 12.41 ¢/kWh
District of Columbia 15.62 ¢/kWh
Florida 12.03 ¢/kWh
Georgia 11.49 ¢/kWh
Hawaii 39.81 ¢/kWh
Idaho 8.92 ¢/kWh
Illinois 11.52 ¢/kWh
Indiana 12.31 ¢/kWh
Iowa 10.47 ¢/kWh
Kansas 11.06 ¢/kWh
Kentucky 11.02 ¢/kWh
Louisiana 9.87 ¢/kWh
Maine 17.62 ¢/kWh
Maryland 13.81 ¢/kWh
Massachusetts 20.14 ¢/kWh
Michigan 13.91 ¢/kWh
Minnesota 11.97 ¢/kWh
Mississippi 11.81 ¢/kWh
Missouri 10.63 ¢/kWh
Montana 10.88 ¢/kWh
Nebraska 9.41 ¢/kWh
Nevada 13.31 ¢/kWh
New Hampshire 18.42 ¢/kWh
New Jersey 14.62 ¢/kWh
New Mexico 11.42 ¢/kWh
New York 17.91 ¢/kWh
North Carolina 10.91 ¢/kWh
North Dakota 9.73 ¢/kWh
Ohio 11.92 ¢/kWh
Oklahoma 9.81 ¢/kWh
Oregon 11.02 ¢/kWh
Pennsylvania 12.14 ¢/kWh
Rhode Island 19.41 ¢/kWh
South Carolina 11.23 ¢/kWh
South Dakota 10.31 ¢/kWh
Tennessee 11.46 ¢/kWh
Texas 10.13 ¢/kWh
Utah 9.32 ¢/kWh
Vermont 17.84 ¢/kWh
Virginia 10.62 ¢/kWh
Washington 10.13 ¢/kWh
West Virginia 11.42 ¢/kWh
Wisconsin 13.11 ¢/kWh
Wyoming 10.02 ¢/kWh
U.S. Average 13.18 ¢/kWh

As with residential electric rates, commercial rates can vary wildly from state to state.  The highest rates are typically found in Hawaii and Alaska while the lowest rates are typically found in Texas and in the Midwest.

Commercial Energy Providers

These are some of the larger commercial electricity providers in Texas. This list is not exhaustive and does not constitute an endorsement or recommendation of any particular business electric company.

4Change Energy Amigo Energy
APG&E Atlantex Power
Champion Energy Services Chariot Energy
Cirro Energy Constellation
Direct Energy Discount Power
ENGIE Resources Energy Texas
Flagship Power Frontier Utilities
Gexa Energy Green Mountain Energy
Just Energy Payless Power
Pulse Power Reliant Energy
Rhythm Energy SFE Energy Texas
Shell Energy STAT Energy
TriEagle Energy TXU Energy
Veteran Energy

Texas

Speaking of Texas — Texas is one of the biggest markets for commercial electricity in the United States.  Texas operates a deregulated energy market, meaning businesses in Texas can compare rates and purchase power from an alternative retail energy provider (REP).

Trends in Commercial Pricing

Commercial electricity rates stayed fairly flat from 2013 until 2020 – 2021.  After Covid hit, kWh rates jumped and have continued to climb into 2025.

Here are some trends we’re seeing in business electricity rates:

  • From 2013 to 2020, prices were stable, ranging between 10.26 cents/kWh (2013) and 10.59 cents/kWh (2020).
  • Prices began rising in 2021 (11.22 cents/kWh), with a sharp jump to 12.41 cents/kWh in 2022 and then 12.59 cents per kWh in 2023.
  • In 2024, commercial prices rose by about 2.1%, reaching approximately 12.85 cents/kWh, in line with broader inflation trends.
  • For 2025, average electricity prices across all commercial customer classes are forecast to reach 13.2 cents/kWh, suggesting commercial prices may continue to climb, potentially to around 13.1–13.3 cents/kWh.

Ultimately, businesses are paying 28.5% more for electricity than they were roughly 10 years ago.