Trusted commercial electricity providers across Texas offer your business competitive rates, custom-fit plans, and zero guesswork.
Your business electricity plan plays a bigger role than you might think. It affects your day-to-day costs, ability to adapt to change, and how well you can plan for growth. Understanding the main factors influencing pricing and contract terms helps you make a smarter, more strategic decision for your business.
New businesses often choose short-term or flexible contracts due to unpredictable usage and limited history. Established businesses can use past usage data to forecast needs, negotiate better rates, and access a broader range of plan options and supplier incentives.
Businesses using power when overall electricity demand is highest may face higher rates because they may include peak-hour pricing or demand-based charges. Shifting usage isn’t always possible, so choose a plan that aligns with your schedule and helps manage peak-time costs.
Smaller businesses may benefit from fixed-rate plans with low usage requirements. Larger ones can access volume discounts, custom pricing, and advanced options like demand response or time-of-use plans. They may also be eligible for market index products, which are ideal for those who can manage risk and closely monitor their usage.
Short-term contracts offer flexibility for new or changing businesses, but they may come with higher rates. Long-term contracts provide price stability and suit established companies with predictable energy needs and long leases. Be sure to factor in your lease timeline and growth plans before locking in a term.
Choosing the right plan type can make a big difference in how you manage costs and risk. Each option offers its own advantages depending on how your business uses electricity and how much price stability you need.
A fixed-rate plan locks in your electricity price for the full length of your contract. Your rate stays the same no matter what happens in the energy market.
Market index plans follow the wholesale price of electricity, which means your rate can rise or fall depending on market conditions. These plans offer more flexibility, but also more risk.
Talk to a Power Wizard expert today and let us match you with a plan that fits your usage, budget, and long-term goals.
Switching business electricity providers is easier than most businesses think—and it can lead to serious savings. Power Wizard makes the process simple, with no stress, no downtime, and plenty of opportunity to get a better deal.
Start by checking when your current contract ends and if there are any early termination fees. Knowing your terms helps you switch at the right time without extra costs.
Work with an energy expert from Power Wizard to compare rates, contract lengths, and plan features. This helps you find the best match for your budget and energy needs.
After you choose a plan, Power Wizard handles the switch for you. We manage the paperwork and coordinate with your new provider so your service continues without interruption.
Business electricity contracts typically range from month-to-month to multi-year terms, such as 12, 24, or 36 months. The right length depends on your lease, growth plans, budget cycle, and how comfortable you are with market changes. Shorter terms offer flexibility, while longer terms can lock in better rates and protect against price increases. Power Wizard’s energy experts can help you determine what contract length might be best for your business.
Yes, federal, state, and local programs often offer tax credits or rebates for energy-efficient upgrades like LED lighting, high-efficiency HVAC systems, or solar panels. The federal Investment Tax Credit (ITC), for example, covers a portion of the cost of solar installations. Be sure to consult your tax advisor to confirm eligibility and take advantage of the most up-to-date incentives.
Fixed-rate plans lock in your price for the contract term, offering predictable costs and protection from market spikes. Market index plans follow wholesale prices, which means your rate can change month to month. Fixed rates are ideal for businesses that need budget certainty, while index plans work best for those with flexibility and a higher risk tolerance. Power Wizard can help you weigh the pros and cons of each plan to find the best fit for your business.
*Market Index/Variable rate electricity plans are prohibited from being offered to small commercial customers and are meant only for large commercial and industrial customers.
Ending your business electricity contract early may result in an early termination fee, which can be a flat amount or based on projected usage. To avoid penalties, check your contract terms in advance or see if the plan can be transferred to a new location. If you anticipate upcoming changes, Power Wizard can help you explore flexible contract options.
Business electricity is priced differently because commercial users have higher and more complex energy demands. Rates often include demand charges based on your highest usage periods and are usually quoted as supply-only or supply plus delivery. That’s why businesses may see tiered pricing, time-of-use rates, or custom quotes that residential customers don’t encounter.
Your business electricity rate depends on total energy usage, peak demand, load factor, business size, industry type, and the kind of meter you use. These factors help suppliers determine your risk profile and pricing eligibility. Businesses with high, steady usage often qualify for better rates or custom plans.
Load factor measures how consistently your business uses electricity over time. Suppliers use this number to assess efficiency and offer pricing that matches your usage profile. A higher load factor means steady usage, which can lead to lower rates and fewer demand charges.
Start by reviewing your current contract to check for end dates or early termination fees. Then compare rates and plans, choose the best option, and let Power Wizard or your new provider handle the switch. Your service won’t be interrupted during the transition.
Yes, industries like manufacturing, hospitality, and healthcare may qualify for tailored plans, demand-based pricing, or volume discounts. High-usage businesses often receive custom quotes and more flexible contract terms. Be sure to share your business details when requesting a quote to unlock the best options.
