Owning and operating a small business is a huge task, no matter your industry. On top of all the everyday responsibilities you must juggle, you’re also responsible for choosing quality gas and electricity plans. While it’s easy to overlook these things, choosing the right utility plans could result in extra savings in other business areas.
If you want to know more about small business electricity in Dallas, you’ve come to the right place. We’ll examine how electricity works for small businesses, how it affects you, and how to choose the best small business electricity plan in Dallas. Let’s get cooking!
Table of Contents
- What is Small Business Electricity, and How Does It Work?
- Average Small Business Electricity Rates in Dallas
- Best REPs For Small Business Electricity in Dallas
- Do I Qualify For Small Business Electricity in Dallas?
- What's the Difference Between Residential and Small Business Electricity?
- How to Choose the Best Electricity Plan For Your Small Business in Dallas
What is Small Business Electricity, and How Does It Work?
As the name implies, small business electricity refers to the electricity you use to operate your business in Dallas. Regardless of how big or small your business is, your electricity will work and run the same way.
Deregulation for Small Business Electricity in Dallas
Dallas has a deregulated electricity market, as with most other parts of the state. Deregulation affects residential and commercial electricity, and small businesses fall under the commercial category.
Because of the deregulated electricity market, small business owners have the Power to Choose their own electricity provider. While this might seem like a nuisance to some, choosing a plan that caters to your needs is a great way to save money. In fact, some electricity providers have plans specifically catering to small businesses, while others have broad-sweeping plans for both large and small businesses.
Once again, regardless of the size of your company, your electricity will arrive at your property and operate the same way.
- You start by choosing a small business electricity plan from a qualifying provider in your ZIP Code.
- The company from whom you purchase the electricity notifies your local utility company, Oncor Electric Delivery, that you need electricity supplied to your business.
- Oncor ensures electricity arrives at your small business intact and on time by managing the cables, lines, poles, meters, and transformers.
- You pay your monthly electricity bill to your electricity provider, and they compensate Oncor for their services.
Average Small Business Electricity Rates in Dallas
The average electricity rates for small businesses are constantly changing in Dallas. Rates vary depending on the time of year, the weather, and many other factors. So, while it’s tough to consistently say what the average commercial electricity rate is in Dallas, it’s currently sitting at around 10 cents/kWh.
Best REPs For Small Business Electricity in Dallas
Very few electricity providers in Dallas exclusively offer electricity to small businesses. Instead, many REPs in the city provide electricity to businesses of all shapes and sizes and residential customers. Additionally, because everyone’s electricity needs differ, it’s tough to say who Dallas’s single best small business electricity provider is. However, here are some of the most popular options.
Because of the many different small business electricity providers in Dallas, you may need the services of ElectricityRates.com. We make it quick and easy to compare commercial electricity rates no matter where you’re located. Connect with one of our energy advisors, they will be happy to speak with you about customized plans that are tailored to small businesses.
Do I Qualify For Small Business Electricity in Dallas?
What qualifies as a small business depends on how much money you make, how many employees you have, and what industry you’re involved in. You’re likely considered a small business if you have fewer than 100 employees and generate less than $20,000,000 annually. However, these numbers are much higher or lower depending on your industry, so you’ll have to check with the census bureau to know for sure.
What’s the Difference Between Residential and Small Business Electricity?
As we’ve said before, electricity is the same for small versus large businesses. The same companies and utilities provide electricity to all types of businesses. There is, however, a difference between residential and small business electricity in Dallas.
While the electricity gets created and delivered the same, the pricing for small business electricity differs significantly from residential electricity. For instance, the average small business electricity rate is around 10 cents/kWh, while the average residential electricity rate is closer to 13 cents/kWh. The reason for this difference is that small businesses use significantly more electricity than homes and apartments.
There are also different rewards and benefits in place for small businesses than there are for residential customers. Many companies can get tax write-offs and discounts when they use renewable electricity like solar electricity. Additionally, there are special incentives for businesses that use over $2,500 worth of electricity in a single month. To find these types of plans and many more, turn to the pros at ElectricityRates.com.
How to Choose the Best Electricity Plan For Your Small Business in Dallas
If you own a small business in Dallas and you’re looking for an excellent electricity plan, we’re here to help. ElectricityRates.com is one of Dallas’s premier electricity comparison websites, and we offer some of the best rates around. Our energy advisors are here to help your small business secure a great rate from leading providers.
Then, when you have all the information in a clear, concise format, you can easily decide who the best provider is. We make the electricity signup process as quick and easy as possible, and our only goal is to save you as much money as possible.