Commercial Electricity Provider

Commercial & Business Electricity Rates in Texas

Contract ending soon? Lock in today’s rate before it changes. Chariot Energy provides cost-effective commercial electricity plans and flexible power options for Texas businesses of every size, from a single storefront to multi-site industrial loads. Shop business electricity rates by zip code or request a custom quote.

Commercial Electricity Rates in Texas: What Businesses Pay

Market averages, dated and sourced, so you know what a fair quote looks like. Your commercial electricity rate depends on your load, your term and your contract structure, which is why Chariot prices every business individually.

MeasureTexasTexas, energy rate onlyUnited StatesSource
Average commercial price, June 20268.66¢ per kWhNot published monthly14.19¢ per kWhEIA Electric Power Monthly, Table 5.6.A
Average commercial price, full year 20248.55¢ per kWh4.32¢ per kWhEIA-861 annual data, 2024
Average commercial usage, 20248,790 kWh per monthEIA-861 annual data, 2024
Average commercial bill, 2024$752 per monthEIA-861 annual data, 2024

EIA average prices are all-in figures: energy, delivery and other charges divided by kWh sold. They describe the market, not any one plan. The energy rate only column takes out the delivery charges your utility (Oncor, CenterPoint, AEP Texas or TNMP) bills through your provider, which the Public Utility Commission of Texas sets and which are the same whichever provider you choose. It is retail provider revenue less utility delivery revenue, and EIA publishes that split only in its annual data. Large commercial buyers usually compare this energy rate. EIA-861 annual figures are shown for Texas only. Chariot’s commercial rates are quoted per business.

What that average means at your usage

Multiply your monthly kWh by the statewide average and you get a rough yardstick for a Texas business bill. Use it to judge a quote, not to predict one.

Monthly usageTypical businessAt the June 2026 Texas commercial average
2,000 kWhSmall office, salon, small shop$173 per month
10,000 kWhRestaurant, medical office, retail store$866 per month
50,000 kWhGrocery, hotel, light manufacturing$4,330 per month
250,000 kWhCold storage, large plant, campus$21,650 per month

Illustrative: usage × 8.66¢. Larger loads are usually quoted below the average and are priced on demand as well as energy. Small loads often pay more. The typical-business column is a guide, not a measurement.

Want your number instead of the average? Get a Custom Quote Chariot returns a custom priced contract within one business day.

For businesses looking for certainty and cost control, protect against volatile price swings with a locked-in rate for the length of your term. See our commercial fixed rate plans.

Benefit from reduced rates during the hours your business uses the most power. Options for high-day or high-night operations. See our commercial time-of-use plans.

Access real-time energy pricing with no long-term commitment, ideal for businesses weighing their options or able to shift load when the market is cheap. See our commercial variable rate plans.

Which Business Electricity Plan Fits Your Size?

Two pages, two jobs. Business electricity plans for small loads are simple to shop online. Large commercial and industrial loads need a custom contract. Start where your business fits.

If this is youWhere to goWhat you get
One or a few locations, a straightforward load, a bill you can read in a minuteSmall business electricity plansFixed and time-of-use plans, online enrollment, pricing within one business day from your smart meter info
Large facilities, multiple sites, demand charges, a procurement processCommercial & industrial energy solutionsCustom fixed, index and block-and-index contracts, blend-and-extend, consolidated billing, forward start dates
Not sure which you areRequest a quoteTell us your usage and we will route you to the right desk

Custom-Built Electricity Plans

Chariot Energy offers a full suite of fixed-rate and customizable plans with direct and advanced billing capabilities. 

Plans are custom-designed around how your business operates and can be built based on a variety of factors.

Load profile and usage patterns

Flexible contract terms from month-to-month to five years

Time-of-day energy use

Forward start dates to align with contract expiration dates

Consolidated billing for multi-site portfolios

Risk tolerance and market exposure preferences

From bespoke contract structures to branded portal access, each plan is built with purpose to suit your specific operational and financial needs.

Why Businesses Trust Chariot Energy

Chariot Energy prices, contracts and bills commercial customers directly, no middleman required. Offering 100% green electricity plans is our bread and butter, and with our parent company, Hanwha Energy USA, we can help deliver all the green electricity you need. Among commercial electricity providers in Texas, here is what that means for your business day to day.

Tailored Pricing & Billing

Flexible terms, multi-meter rollups and data-informed contract design

Real-time Pricing and Enrollment

Real time matrix pricing and 24/7 enrollment with Chariot’s self-serve online enrollment portal

Rapid-Response Custom Contracting

Get your custom priced contract within one business day, to meet your specific needs and load profile

Forward Start Dates

Lock in a future-start contract for a hands-off seamless transfer of service to Chariot Energy

No Penalties for High Usage

Unlimited consumption with no overage penalties, allowing flexibility during peaks and lulls

Backed by Renewable Supply

Chariot believes in and delivers 100% clean energy without the green premium

Hanwha vision

Powered by Hanwha Group

Access to generation assets, energy storage and global infrastructure

How to Get the Best Commercial Electricity Rate

The best commercial electricity rate is usually a matter of timing and structure, not the provider’s logo. Our procurement guide walks through the three ways Texas businesses buy power, the fixed, index and block-and-index structures, and an original analysis of ERCOT prices since 2021 that shows when the market is calm enough to lock a good rate.

Most Texas businesses start shopping 6 to 12 months before their contract ends. Chariot supports forward start dates, so you can lock a rate in a calm month and start it when your current contract expires.

Chariot Energy Testimonials

David R
I was given a number of choices from my contact and Chariot Energy provided the best [rates] based on our KWH usage. The process was rapid, straight forward, and easy. Looking forward to quality service.
Raslin H
I have been with Chariot Energy for 4 years. And have never had issues with rates are good and excellent customer service. I recommend Chariot Energy to anyone looking for excellent service and rates.
Danielle G
Switching over was very easy and fast! Within minutes after applying, I received communication with my account information and service was switched the same day.
Nicholas H
Very easy to sign up and their pricing is hard to beat.
Sean A
I switched over due to being overcharged my a larger provider. It was quick and easy with the perfect amount of help and savings. Those add up and are appreciated.
Stacie L
Chariot was great! The associate who helped me enroll spent nearly an hour on the phone with me answering questions and provided me with a quote on the same call.

Power Your Business with Chariot

Give us a call at 866-320-7951 or fill out our form!

Frequently Asked Questions

What is the average commercial electricity rate in Texas?

Texas commercial customers paid an average of 8.66 cents per kWh in June 2026, against a national average of 14.19 cents (EIA Electric Power Monthly, Table 5.6.A). For full-year 2024 the Texas commercial average was 8.55 cents per kWh, with an average bill of $752 a month on 8,790 kWh (EIA-861). Your rate depends on your load, term and contract structure, so use these as a yardstick, not a quote.

We take these requests case by case but can generally accommodate any forward start date to suit your needs.

Whether you choose solar buyback or 100% solar plans (no solar panels required), you have the ability to lock in fixed rates, time of use options, and ECRS pass through charges. The choice is yours!

Of course! Offering 100% green electricity plans is our bread and butter. With our parent company, Hanwha Energy USA, we can help deliver all the green electricity you need. No middleman required!

The ERCOT Contingency Reserve Service is an ancillary service implemented to help support grid reliability and minimize real-time operational issues, keeping supply and demand balanced. Chariot offers ECRS pass through charges as an option on commercial contracts.

Absolutely! We value our sales partners as a way to reach the larger ERCOT market and identify new opportunities. For more information please reach out to [email protected].