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The Best Energy Companies for Your Apartment

Written by Faith Foushee/

Edited by Aviva Hauser

Last updated 07/10/2024

A guide to choosing the best electric company for apartments

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Electric companies for apartments FAQ

  • Heating and cooling use the most energy in apartments. You can reduce your electricity bills by using a smart thermostat, managing air conditioning costs, using fans, and other energy-efficient habits. 

  • Depending on the size and location, apartments use about 20–30 kWh daily. Based on the average U.S. residential energy rate, daily apartment electricity costs about $3.38–$5.06 per day.

  • Yes, there are differences in electricity needs between apartments and houses. Apartments are typically smaller and may have shared utilities within the complex. There may be specific restrictions for energy company selection if a property management company owns the complex. Additionally, apartment residents may have limited control over lighting and appliance choices, impacting potential energy savings compared to homeowners who choose energy-efficient options.

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