Commercial Electricity Rates By State

Electricity rates by state the u s.

Commercial electricity rates by state.

Texas industrial electricity rates are nearly 16 percent lower than the national average. Commercial electricity rates in ny. These are the results for just one state but energy consumers across the country can profit from electric choice. On average homes in louisiana pay 9 53 cents per kwh.

Let s have a look at the average energy rates by state for commercial and residential customers. 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. Commercial electricity rates in new york average 15 06 kwh which ranks the state 2nd in the nation. 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.

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. Average is 13 28 cents per kilowatt hour state electric prices last updated sept. In fact many companies in the united states only have one choice when it comes to their business electricity rates the local utility. From this data we can see the state with the lowest electric rates is louisiana.

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. Texas commercial electricity rates are nearly 23 percent lower than the national average. Energy information administration eia in all 50 states. Archived state electricity profiles choose a year.

Slightly below one fifth of the united states total energy consumption comes from commercial buildings. 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. As a result some areas are subject to higher costs than others a.

Their electricity supply and rates are typically handled a little bit differently than the other business classification types. 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. Don t be surprised at the price difference for residential electricity rates in the united states.