Table of ContentsLooking for commercial energy plans? What’s the difference between residential and business electricity rates? Get custom business energy rates Biggest factors for business energy plans How businesses use electricity
Compare Commercial Electricity Rates
Looking for commercial energy plans?
SaveOnEnergy.com® helps commercial energy customers compare business energy suppliers and find the best commercial rates for their company. Sure, you could do it yourself, but why waste the time without the certainty that you’re actually finding great business electricity rates?
According to a recent survey conducted by Dynata on behalf of Save On Energy, business owners spend more than five hours every year researching commercial energy plans. With just a few pieces of information about your company and its consumption patterns, our market experts can dig through all plans from our partners to find the best commercial energy rates for your business.
Save On Energy is the largest private deregulated marketplace in Texas. Let us assist you with comparing energy providers. Whether you are switching energy providers or setting up new services, we can find the right business energy solution for your company.
What’s the difference between residential and business electricity rates?
One often overlooked part of Texas energy deregulation is that energy choice also applies to business electricity rates. That’s right. Owners of small and commercial businesses have the power to choose from various energy providers. Your business can use Save On Energy® to buy a great business electricity plan.
Still, there are some differences in the way the energy-buying process works when it comes to commercial energy rates. When residential customers search for electricity rates in their area, they need only provide their ZIP code. Homeowners and renters can then compare fixed-rate, variable-rate, no-deposit plans, and green energy plans. Plus, residential energy customers can sign up online. However, picking an energy plan for business electricity rates works a little differently.
You see, residents use much less electricity per month than businesses. The average residential energy consumption in the U.S. is 897 kilowatt-hours (kWh) per month, according to the Energy Information Administration. However, average commercial electricity usage is 6,278 kWh/month. That’s almost seven times as much energy use.
Another difference between residential and business electricity rates is the price. Average Texas residential energy rates in July 2021 were 11.75 cents/kWh, while business electricity rates averaged 8.09 cents/kWh.
Energy usage patterns also differ according to the type of company. Whereas most residences use the bulk of their electricity during the daytime and early evening, many business electricity customers consume power 24 hours a day. Our energy experts use this information to make sure you’re getting the right plan. For example, office buildings tend to use nearly twice as much electricity as health-care businesses and nearly three times as much as warehouses.
How to shop for business energy on SaveOnEnergy.com
When it comes to residential energy, shopping is as easy as entering your ZIP code and seeing available rates. But businesses use more energy and need it at different times than homeowners. That’s why you won’t see rates on most business energy marketplaces.
We use information about your business to customize a plan for its usage. Among the information we’ll collect is what your business does, when energy usage is the highest, and how much electricity your business uses during a typical month. Then, our energy experts are able to adjust for your business’s specific needs, rather than you having to adjust to how a provider supplies energy.
One thing to remember is that regardless of which business energy supplier you choose, your electricity will be delivered by a utility. Your monthly bill shows utility fees as transmission and delivery utility charges or transmission and delivery service provider charges. The utility also maintains the electricity infrastructure and responds to power outages.
Fill out the form on this page to get the process started.
Biggest factors for business energy plans
Business owners or operators say the No. 1 factor in their decision for an energy plan is price, according to our survey. That’s not surprising, of course. Other top factors included:
- Plan options, such as fixed-rate or prepaid
- Brand recognition
- Ease of purchasing
- Renewable energy options
What do Texas businesses consider the most difficult parts of buying commercial energy?
- Time (5.1 hours per year)
- Too many options
- Confusing contracts
- Difficulty estimating usage
- Hidden fees
SaveOnEnergy.com energy experts can help with all those problems.
The average Texas commercial electricity rate in 2022 was 8.48 cents per kilowatt hour. It costs you nothing to use our marketplace to see whether you can beat that rate this year.
How businesses use electricity
Businesses don’t use electricity the same way residential customers do. Here’s where the bulk of their energy goes.
|Function||% of electricity used||Amount of electricity used|
|Lighting||17%||212 billion kWh|
|Refrigeration||16%||196 billion kWh|
|Ventilation||16%||196 billion kWh|
|Cooling||15%||185 billion kWh|
|Computers||10%||119 billion kWh|
Source: Energy Information Administration. Note: Other sources of electricity use include office equipment, cooking, and space and water heating.
The takeaway: Business electricity plans should be customized so that they correspond to the way energy is used.
Compare and Negotiate Rates
In the 10-plus years SaveOnEnergy.com has been in business, we’ve helped companies large and small negotiate deals on commercial energy rates.
Capitalize on energy choice
Doing business in a deregulated energy market can prove to be particularly valuable to profit margins, as long as businesses compare energy companies in order to utilize the system to their benefit.
We’re here to help
Our services go beyond just helping you compare energy companies. We’re here for you and your business team every step of the way.