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EIA data · final 2025

Commercial electricity price by utility

The average price each U.S. utility billed its commercial customers, from official government data. It describes a utility’s whole commercial class, so read it as context for a bill, not as a rate you can get.

  • Utilities1,160
  • Markets51
  • DataEIA, final 2025

EIA’s 2025 data gives an average commercial price for 1,160 U.S. utilities with at least 500 commercial customers. Among the 100 largest, bundled prices ran from 8.02¢ to 39.12¢ per kWh. Each is an average over every commercial customer, so it describes a utility’s whole commercial class, not what one business pays.

Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data) · 2026-10-29

The 100 largest utilities by commercial customers

Ordered by how many commercial customers each had in 2025, not by price. Bundled is the price paid by commercial customers who buy their energy and delivery from the utility, so it is an all-in price. Delivery-only is what the utility billed customers who buy their energy from a competitive supplier, so it is the delivery charge alone and cannot be compared with a bundled price.

The 100 U.S. utilities with the most commercial customers, 2025, with the average price each billed
UtilityStateTypeBundled customersBundled price per kWhDelivery-only customersDelivery-only price per kWh
Southern California Edison CoCaliforniaInvestor-owned453,72222.94¢227,97812.64¢
Florida Power & Light CoFloridaInvestor-owned662,30110.94¢0—
Pacific Gas & Electric Co.CaliforniaInvestor-owned200,37138.42¢381,57720.93¢
Consolidated Edison Co-NY IncNew YorkInvestor-owned464,34230.81¢113,04011.84¢
Commonwealth Edison CoIllinoisInvestor-owned241,24915.13¢161,2605.27¢
Georgia Power CoGeorgiaInvestor-owned342,53312.42¢0—
Public Service Elec & Gas CoNew JerseyInvestor-owned271,32516.76¢53,9255.95¢
Duke Energy Carolinas, LLCNorth CarolinaInvestor-owned309,4239.25¢0—
FirstEnergy Pennsylvania Electric Co (Met-Ed, Penelec, West Penn Power)PennsylvaniaInvestor-owned171,22115.97¢109,9873.11¢
Virginia Electric & Power CoVirginiaInvestor-owned271,1639.84¢1570.59¢
Consumers Energy CoMichiganInvestor-owned237,02016.22¢8353.31¢
Public Service Co of ColoradoColoradoInvestor-owned225,02012.49¢0—
Duke Energy ProgressNorth CarolinaInvestor-owned218,76111.01¢0—
Duke Energy Florida, LLCFloridaInvestor-owned216,44813.03¢0—
DTE Electric CompanyMichiganInvestor-owned211,46313.93¢4,1593.52¢
Alabama Power CoAlabamaInvestor-owned208,81415.95¢0—
NSTAR Electric CompanyMassachusettsInvestor-owned33,54717.69¢173,40611.78¢
PPL Electric Utilities CorpPennsylvaniaInvestor-owned97,56515.57¢92,3331.66¢
Niagara Mohawk Power Corp.New YorkInvestor-owned132,34215.21¢53,7054.51¢
Ohio Power CoOhioInvestor-owned54,72316.85¢131,1543.58¢
Union Electric CoMissouriInvestor-owned167,65710.29¢0—
Ameren Illinois CompanyIllinoisInvestor-owned75,72614.60¢90,4234.74¢
PECO Energy CoPennsylvaniaInvestor-owned100,80114.64¢65,0964.62¢
Massachusetts Electric CoMassachusettsInvestor-owned47,02625.66¢117,44110.77¢
San Diego Gas & Electric CoCaliforniaInvestor-owned31,81839.12¢124,85217.69¢
Northern States Power Co - MinnesotaMinnesotaInvestor-owned145,62212.73¢0—
Puget Sound Energy IncWashingtonInvestor-owned143,84615.66¢1033.84¢
Arizona Public Service CoArizonaInvestor-owned143,73913.45¢0—
Entergy Louisiana LLCLouisianaInvestor-owned141,88410.75¢0—
Long Island Power AuthorityNew YorkState132,78523.17¢8959.22¢
Jersey Central Power & Lt CoNew JerseyInvestor-owned93,30717.16¢38,4644.24¢
New York State Elec & Gas CorpNew YorkInvestor-owned92,27418.93¢36,0845.77¢
Baltimore Gas & Electric CoMarylandInvestor-owned73,78018.65¢48,8353.93¢
Wisconsin Electric Power CoWisconsinInvestor-owned122,45814.38¢0—
Nevada Power CoNevadaInvestor-owned117,4959.74¢1860.71¢
Ohio Edison CoOhioInvestor-owned20,67217.03¢94,4556.03¢
Oklahoma Gas & Electric CoOklahomaInvestor-owned114,5378.02¢0—
Salt River ProjectArizonaPolitical subdivision114,04810.85¢0—
Connecticut Light & Power CoConnecticutInvestor-owned75,36822.92¢38,21012.52¢
Portland General Electric CoOregonInvestor-owned110,22213.52¢63919.89¢
Dominion Energy South Carolina, IncSouth CarolinaInvestor-owned110,81512.90¢0—
Duke Energy Indiana, LLCIndianaInvestor-owned110,63111.75¢0—
MidAmerican Energy CoIowaInvestor-owned105,3578.87¢0—
Duke Energy Carolinas, LLCSouth CarolinaInvestor-owned104,0169.68¢0—
NorthWestern Energy LLCMontanaInvestor-owned102,18913.41¢5033.05¢
PacifiCorpUtahInvestor-owned102,6829.96¢0—
Entergy Arkansas LLCArkansasInvestor-owned101,48110.58¢0—
City of San AntonioTexasMunicipal97,66110.09¢0—
Kentucky Utilities CoKentuckyInvestor-owned94,99611.63¢0—
Los Angeles Department of Water & PowerCaliforniaMunicipal91,31625.00¢0—
Tampa Electric CoFloridaInvestor-owned91,31512.61¢0—
Interstate Power and Light CoIowaInvestor-owned85,84615.05¢0—
Appalachian Power CoVirginiaInvestor-owned82,31313.39¢462.00¢
Cleveland Electric Illum CoOhioInvestor-owned11,31518.11¢70,2907.05¢
Public Service Co of NHNew HampshireInvestor-owned35,55619.88¢44,57310.09¢
Central Maine Power CoMaineInvestor-owned54,17723.76¢24,7298.96¢
Public Service Co of OklahomaOklahomaInvestor-owned76,8729.15¢0—
Idaho Power CoIdahoInvestor-owned76,6419.09¢0—
PacifiCorpOregonInvestor-owned73,89311.08¢412.53¢
Sacramento Municipal Util DistCaliforniaPolitical subdivision71,70317.57¢0—
Entergy Mississippi LLCMississippiInvestor-owned70,53113.36¢0—
Appalachian Power CoWest VirginiaInvestor-owned66,95112.74¢0—
Atlantic City Electric CoNew JerseyInvestor-owned50,22020.54¢15,6765.65¢
Duke Energy Ohio IncOhioInvestor-owned19,05414.11¢45,5053.83¢
Wisconsin Power & Light CoWisconsinInvestor-owned63,79613.63¢0—
The Narragansett Electric CoRhode IslandInvestor-owned35,99726.82¢27,56911.61¢
Duquesne Light CoPennsylvaniaInvestor-owned38,51616.93¢23,9253.75¢
JEAFloridaMunicipal61,46311.43¢0—
Northern Indiana Pub Serv CoIndianaInvestor-owned60,53519.24¢0—
Public Service Co of NMNew MexicoInvestor-owned59,49112.46¢0—
Southwestern Public Service CoTexasInvestor-owned58,9969.67¢0—
Dayton Power & Light CoOhioInvestor-owned10,33514.18¢47,5893.57¢
Entergy Texas Inc.TexasInvestor-owned56,7399.86¢0—
Monongahela Power CoWest VirginiaInvestor-owned56,67610.71¢0—
Indiana Michigan Power CoIndianaInvestor-owned56,58813.03¢0—
Wisconsin Public Service CorpWisconsinInvestor-owned56,36611.69¢0—
Austin EnergyTexasMunicipal55,30610.96¢0—
AES IndianaIndianaInvestor-owned55,28515.57¢0—
Evergy Kansas Central, IncKansasInvestor-owned54,56711.09¢0—
Pedernales Electric Coop, IncTexasCooperative53,50510.41¢0—
City of SeattleWashingtonMunicipal52,68012.48¢0—
Louisville Gas & Electric CoKentuckyInvestor-owned52,57111.46¢0—
Omaha Public Power DistrictNebraskaPolitical subdivision50,9968.39¢0—
Sierra Pacific Power CoNevadaInvestor-owned49,7699.88¢170.63¢
Potomac Electric Power CoMarylandInvestor-owned31,30816.49¢18,4385.80¢
Central Hudson Gas & Elec CorpNew YorkInvestor-owned40,34119.71¢9,2345.61¢
Green Mountain Power CorpVermontInvestor-owned49,18520.38¢0—
Nashville Electric ServiceTennesseeMunicipal46,07012.68¢0—
City of MemphisTennesseeMunicipal43,98713.04¢0—
Cleco Power LLCLouisianaInvestor-owned42,59213.18¢0—
City of Colorado SpringsColoradoMunicipal42,58111.32¢0—
Northern States Power CoWisconsinInvestor-owned42,19911.56¢0—
Tucson Electric Power CoArizonaInvestor-owned42,05914.77¢0—
Evergy Kansas South, IncKansasInvestor-owned41,19811.26¢0—
Evergy Missouri WestMissouriInvestor-owned41,1768.74¢0—
Rochester Gas & Electric CorpNew YorkInvestor-owned22,85518.01¢17,3637.21¢
El Paso Electric CoTexasInvestor-owned40,2079.17¢0—
Delmarva PowerDelawareInvestor-owned26,52016.14¢11,4142.90¢
Middle Tennessee E M CTennesseeCooperative37,10012.12¢0—
The Toledo Edison CoOhioInvestor-owned6,69117.89¢29,9936.80¢

Download all 1,160 utilities as CSV, with sales, the counties each serves and the state average beside every price. Free to use with credit to the U.S. Energy Information Administration and this site.

Every state

Each state page has its own largest utilities, what a typical building pays there, and what a commercial account can do.

How to read these prices

  • An average over every size of customer. Large customers pay less per kWh than small ones, so a utility whose commercial customers are mostly large averages fewer cents per kWh than one serving mostly small shops. A lower figure can mean more large customers and not a lower rate.
  • Two service types, never added together. Where a utility has both, the bundled and delivery-only figures describe different customers and different parts of the bill.
  • Only utilities with territory. Retail power marketers, community choice aggregators, behind-the-meter owners and utilities with fewer than 500 commercial customers are left out. Together the 1,160 utilities here had 18,191,118 commercial customers.
  • Some delivery companies have no row. EIA’s table has no commercial sales rows for several large wires-only companies, such as the Texas delivery utilities, so the largest utility in a state is not always listed. The state page says so where it applies.
  • One year of final data. This is the 2025 annual record; rates by state carries the trailing 12 months, which EIA still treats as preliminary.

A better yardstick for one business

What a business pays depends far more on its building and its rate schedule than on its utility’s average. The cost estimator gives a range by building type, size and state, average bill by state shows what the average commercial account used and was billed, and the tariff index lists the utilities whose own filed schedules are quoted on this site.

Common questions

How do I find my utility’s commercial electricity price?
Find your utility’s name on your bill, then look it up on its state page or in the directory on this page. The price shown is the average revenue per kWh EIA records for that utility’s commercial customers in 2025. It is context for reading a bill, not the rate on your own schedule, which is in the utility’s filed tariff.
Why do utilities in the same state have different commercial prices?
Their costs differ, their customers differ and their rate designs differ. A utility whose commercial customers are mostly large averages fewer cents per kWh than one serving mostly small shops, so part of the gap is the mix of customers rather than the rates. Some utilities generate their own power and some buy it, and investor-owned, cooperative and municipal utilities are owned, financed and regulated differently.
What is the difference between a bundled price and a delivery-only price?
Bundled is the price paid by commercial customers who buy their energy and delivery from the utility, so it is an all-in price. Delivery-only is what the utility billed customers who buy their energy from a competitive supplier, so it is the delivery charge alone and cannot be compared with a bundled price.
Is this the rate my business will pay?
No. It is the average of every commercial customer of that utility in one year. What one business pays depends on its rate schedule, how much it uses, when it uses it and, where there is supplier choice, its energy contract. A bill reviewed against the utility’s own tariff is a better yardstick than a utility-wide average.
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