Want to cut your business bills fast? Choosing the right commercial electricity companies is the first step. Let’s break it down and show you how much you can save today.
Commercial electricity companies supply power to businesses. They help companies keep the lights on, machines running, and computers working. But they do much more than just provide electricity.
These companies offer different plans that can save businesses money. They also offer green energy options and help track power use. Some even help businesses use energy more wisely to keep costs low.
If you run a store, factory, office, or restaurant, you'll need one. And picking the right one can mean saving thousands of dollars a year.
Let’s look at some facts. The U.S. Energy Information Administration says that in 2023, the average cost of electricity for businesses was about 13 cents per kilowatt-hour. That’s up from 10 cents just a few years ago.
Now imagine you run a mid-sized bakery that uses 20,000 kilowatt-hours a month. If you switch to a cheaper electricity plan just 2 cents lower, that’s $400 saved per month. That’s $4,800 a year – enough to buy a new oven.
One Texas company switched providers and saved 20% on their bill. Their restaurant group used that money to open a new location. That shows how choosing the right company isn’t just smart – it’s a game-changer.
Here are the top ways the right electricity provider can help:
Not all commercial electricity companies are equal. Here’s what you should check:
Ask: Are their rates lower than what I pay now?
You can compare prices with other providers in your area. For example, in deregulated states like Texas, Ohio, and Pennsylvania, businesses can shop around for the best deal.
A city in Pennsylvania saved over $250,000 after switching to a cheaper provider for all their government buildings. If a city can save that much, so can your business.
A fixed-rate plan means your rate stays the same every month. A variable plan means your rate changes with the energy market.
Most businesses like fixed plans. They make it easy to plan your budget.
But smart businesses can switch to variable during certain months and save even more. A Chicago hotel chain saved over 15% last year by switching their plan based on market trends.
Great commercial electricity companies give you tools to track your energy use. These tools show when and how your business uses power.
A grocery store in Florida used one such app. They learned their freezers used the most power late at night. They fixed a timing issue and saved $1,000 every month.
That’s smart energy use in action.
If your power goes out or your bill looks wrong, you need someone helpful. The best providers answer fast and explain things clearly.
Some companies even give you your own energy advisor. They help you find ways your business can save even more.
Want your business to be eco-friendly? Pick a provider that offers clean energy options.
Wind, solar, and hydro are all better for the planet. Some companies let you choose what percent of your energy comes from renewable sources. Others even help you add solar panels to your building.
In California, an auto shop switched to 100% green energy. Their customers loved it—and business went up 18%. That’s good for the earth and your wallet.
Always compare at least three electricity companies before signing a contract. Try tools like EnergySage or SaveOnEnergy to see and compare plans in your area.
Make sure to check:
Bonus tip: Some areas have group buying programs. If you join with others in your building or street, you may get a lower rate.
Let’s talk about a real example. A small gym in Dallas, Texas, switched electricity providers in 2022. They used to pay 14 cents per kilowatt-hour. They switched to a fixed-rate plan for 11 cents.
They saved over $2,000 in the first six months. They used that money to upgrade their lighting to LEDs. That step saved them ANOTHER 25% on their bill.
With just one switch, the gym cut their energy bill in half in one year. Your business can do the same.
Switching is easy, and there’s usually no break in service. Here’s what to do:
The new provider will handle the switch. You won’t be left without power.
Remember: the goal is not only cheaper rates, but better service and tools, too.
Here are a few top-rated companies many businesses trust:
Always check reviews and Better Business Bureau ratings before you choose.
Don’t just pay your electric bill and forget about it. There's real money hiding in your energy plan. Ready to start saving?
Here’s what to do next:
Even a few cents off your rate can mean big bucks saved. Take charge of your power bills—and put that money back into your business.