Commercial Electricity Rates By State

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.

Commercial electricity rates by state.

Based on factors such as demand and available plans the amount that is paid can vary from state to state. 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. Large businesses are companies that consume a minimum of 100 000 kwh. State commercial average electricity rate industrial average electricity rate.

Commercial electricity rates in new york average 15 06 kwh which ranks the state 2nd in the nation. Energy information administration eia in all 50 states. Don t be surprised at the price difference for residential electricity rates in the united states. Slightly below one fifth of the united states total energy consumption comes from commercial buildings.

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. Select a year 2017 2016 2015 2014 2013 2012 2011 2011 zip 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 1999 1998 1996 name. Texas industrial electricity rates are nearly 16 percent lower than the national average. Commercial electricity rates in ny.

As a result some areas are subject to higher costs than others a. Electricity rates by state the u s. Let s have a look at the average energy rates by state for commercial and residential customers. 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.

These are the results for just one state but energy consumers across the country can profit from electric choice. Their electricity supply and rates are typically handled a little bit differently than the other business classification types. Texas commercial electricity rates are nearly 23 percent lower than the national average. From this data we can see the state with the lowest electric rates is louisiana.

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. In fact many companies in the united states only have one choice when it comes to their business electricity rates the local utility. Average price of electricity to ultimate customers by end use sector by state june 2020 and 2019 cents per kilowatthour.