Electricity Rates by Zip Code

Looking for the lowest electricity rates for your home or business? Click the Get Started Button below to shop rates by zip code with EnergyPricing.com.

Paul Rhoads By Paul Rhoads, CEM, CEP linkedin
Last Updated: February 5, 2024
five stars 36 reviews Clock 20 min read
United States showing Electricity from SpaceUnited States showing Electricity from Space

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Looking for the lowest electricity rates for your home or business? You've come to the right place. This comprehensive guide will walk you through the entire process to find the best available plan. Click the Get Started button to begin your search, or continue reading for additional information on the process. 

Key Takeaways

  • Energy deregulation allows you to choose your own provider
  • Online comparison tools are available to assist you in your search for a new plan
  • Energy rates fluctuate due to various economic factors

Energy Deregulation

If you live in the United States, there’s a chance that your state participates in energy deregulation. In fact, today there are over twenty U.S. states with deregulated electricity. We are licensed to do business and offer electricity rates in all fourteen states that are fully deregulated. Click on your state below for state specific information and view rates currently available.

How You Can Shop For A New Plan

Shopping for a new energy plan has never been easier, thanks to EnergyPricing.com. Just follow these simple steps:

  1. Click the Get Started button: This takes you to our search tool
  2. Enter your zip code: Start here to make sure you select a plan applicable to your utility
  3. Filter your options: Narrow the options down further
  4. Select a plan: Click the Sign Up button
  5. Enter your information on the enrollment form: Look for your confirmation email!

Would you like to see how it works in real-time? Watch the video below to learn how to shop online with EnergyPricing.com.

How to Shop Youtube CoverHow to Shop Youtube Cover

Factors to Consider When Choosing an Electricity Plan

When shopping for a new electricity plan, these are the most important factors for you to consider:

  • Price: Be sure to compare different rates and plans from each provider to find the best options for your needs and budget.
  • Read Customer Reviews:  Many customers will post reviews of their experience with each provider. This can be a great way to get an idea of the customer service and reliability of each company.
  • Company Size: Consider the number of customers a company has. It can indicate their size and stability. A larger customer base means more resources to meet customer demands.
  • Company History: Researching a company's history can help you gauge its reliability. A company with a long history of reliable service is a positive sign of its longevity.
  • Read the Contract: Read the entire agreement carefully before committing yourself to any provider. Look for hidden fees or penalties, cancellation clauses, and contract length.
  • Contract Length: Most electric providers offer plans from one month to three years. You may be able to save money with a longer-term plan, but make sure you understand the cancellation fees before committing yourself to any provider. Also pay attention to auto-renewal terms.

Types of Electricity Plans

There are a variety of electricity plans for you to choose from. Here are the most commonly available types and their advantages:

  • Fixed-Rates Plans -  With a fixed-rate energy plan, your electricity rate is locked in for the duration of your contract. This means you'll pay the same rate for every kilowatt-hour (kWh) of electricity you use, regardless of market fluctuations. This is the most common type you will find on our website.
  • Variable-Rate Plans - Unlike fixed-rate plans, variable-rate plans (Indexed Plans) have rates that fluctuate with the energy market. Your bill may vary based on market conditions.
  • 100% Green Energy Plans - If you prioritize environmentally friendly energy and don't mind the extra cost, a 100% Green Energy Plan is a great choice. However, it's important to note that the electricity flowing through your power lines may not be 100% Green Energy even with this plan. Instead, most electric providers offset your energy usage by purchasing Renewable Energy Credits (RECs) generated from solar or wind energy.
  • Promotional Energy Plans - Promotional energy plans offer savings through lower rates or unique billing structures. Popular options include free weekend plans and monthly usage bill credit plans. However, customers should carefully review the Supplier's Electricity Facts Label (EFL) to understand pricing and potential additional costs.

Business electricity plans can often be more complex. Make sure to speak to one of our energy experts to assist you in finding the best commercial electricity rates.

Top Energy Companies in the U.S.

Determining the top energy company at any specific time is a challenge. However, we can rely on the report from the U.S. Energy Information Administration, which ranks electricity providers based on their customer base. According to this reliable source, the top 10 energy companies are: 

  1. TXU Energy Retail Co, LLC - 1,742,792 customers
  2. Constellation NewEnergy, Inc - 1,709,901 customers
  3. Reliant Energy Retail Services - 1,676,373 customers
  4. Direct Energy Services - 945,223 customers
  5. Energy Harbor Corp. - 929,013 customers
  6. Ambit Energy Holdings, LLC - 629,935 customers
  7. Dynegy Energy Services, LLC - 621,095
  8. AEP Energy - 492,834 customers
  9. Green Mountain Energy Company - 487,495 customers
  10. Reliant Energy Northeast LLC - 453,850 customers

It is important to note that the energy companies mentioned above are not the only available options for residents and small business owners. As an educated shopper, you should also consider new, emerging energy companies as well. They often offer the cheapest rates on the market in order to undercut the major companies.

At EnergyPricing.com, we make sure to partner with reputable companies of any size, giving you access to all of the best offers in the marketplace. To compare electricity rates by zip code, click the Get Started button.

Current Electricity Rates

Current and future electricity rates are affected by a number of factors, such as weather conditions, government regulations, energy demand on the power grid, and competition among energy providers. 

Presented below is the EIA's chart detailing average electricity prices across last year. As you can see, prices have been volatile in every market. This volatility continued throughout 2023, and industry experts forecast similar activity going into 2024. This enforces the importance of securing a favorable electricity plan.

Average Electricity Prices Average Electricity Prices

Source: U.S. Energy Information Administration

Business Electricity Rates

Business owners know the importance of having a favorable business electricity plan for their accounts. Even the smallest difference in commercial electricity rates can have a significant impact on monthly bills. A great business electricity plan also helps with budget planning. 

EnergyPricing.com is a revolutionary platform that simplifies the process of receiving quotes from multiple electric companies. Use our technology to get instant quotes from your computer or smartphone effortlessly. Join us today and enjoy the benefits of EnergyPricing.com!

  1. Direct Access to Commercial Electricity Providers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of business energy providers. Just sit back and watch the bids come in!
  2. Transparent Pricing: At EnergyPricing.com, we believe in being 100% transparent with our pricing and will disclose how much electricity providers compensate us. Due to our automated online pricing process, we can offer some of the rates in the market.
  3. Expert Advice: Unsure which plan or business energy provider to use? No need to worry. You will have access to an industry expert who can help you.

Whether you are searching for small business electricity rates or a long term plan for your large commercial buildings, we will be able to assist. EnergyPricing.com serves customers of all sizes. 

Tips to Save Money on Your Electricity Bill

To lower your monthly electricity bill, try shopping for better rates, investing in energy-efficient equipment, and be mindful of your energy usage habits.

  • Shop for Better Rates - To lower your monthly electricity bill, consider shopping around for better rates. EnergyPricing.com is the go-to source for this, as we pre-screen all our suppliers and energy plans to bring you the best options.
  • Energy Efficiency Measures - Invest in LED light bulbs, Energy Star-certified refrigerators, washing machines, dishwashers, and programmable thermostats. These choices will reduce your energy costs and contribute to a greener and more sustainable future.
  • Smart Usage Habits - Embracing smart energy usage habits can significantly contribute to saving on your electricity bills. You can actively reduce your energy consumption and enjoy lower monthly bills by turning off lights and electronics when not in use, sealing air leaks in your home, and opting for fans instead of air conditioning.

Ready to Start Pricing? Save Today!

After reading through this guide, you now have a thorough understanding of the deregulated energy market, where to compare electric supplier rates, factors to consider when selecting a new electricity plan, and tips to save money on your bills. 

Ready to begin your search? Just click the Get Started Button below to begin comparing rates!

Frequently Asked Questions

What is energy deregulation, and how does it affect me?

Energy deregulation allows you to shop for your generation and transmission costs with your utility in a deregulated electricity states. You can take advantage of the energy market and control your energy expenses.

Does my bill still come from the utility company?

There are two types of billing options when it comes to your energy agreements: consolidated (one bill from the utility company) and dual billing (one from the supplier for the supply costs and one bill from the utility for distribution costs). Most standard agreements will be consolidated billing.

What should I look for in an energy plan?

The cheapest rate is not always going to be the best option for you. There are a variety of factors that need to be weighed before you make a decision. Some of those include the components that make up the cost, cancellation terms, and also your individual business factors (i.e. how long will you be at your current location, will your consumption stay constant or go up and down, etc.). Luckily, we are well-versed in the procurement industry and have years of experience to help guide you through this process.


Author

Paul Rhoads Headshot

Paul Rhoads, CEM, CEP

Paul is the Vice President of EnergyPricing.com. He has over a decade of experience in the energy industry, advising clients on how to shop in deregulated energy states. In addition to his experience, Paul is a Certified Energy Manager (CEM) and Certified Energy Procurement Professional (CEP).