With all those lights and industrial size freezers, grocery stores use more electricity than most other businesses. If your space is around 5,000 square feet that means you’re likely spending around $1,200 every month.Īverage Yearly Electric Costs – $14,400 Grocery Stores Throughout the United States, restaurants can expect to spend an average of $2.90 per square foot per month just on electricity alone. RestaurantsĪt Green Line Rates, we work with a lot of restaurant owners on reducing their monthly utility bills, so we understand the energy usage requirements of these types of businesses well. While the information below only covers broad, sweeping estimates, here’s what you can expect to pay per month for your small business. That being said, average monthly electric bills can vary widely across industries based on location and usage requirements. If you’re looking to keep your business afloat, now may be the perfect time to work with a utility rate consultant to lower your bills before you get hit with even more increases. Unfortunately, our rates have been rising dramatically in recent years, giving us the largest increase of any state within the last year. Currently, Georgia ranks 34 th out of all 50 states in terms of average electric bill cost, making us well below the mid-point. Ready to get started? Average Electric Bill Rate – Per Industry Then, we’ll cover ways you can calculate your electricity costs per device to give you further insight into your specific energy usage.
If you’re unsatisfied with the amount your small business is paying for electricity each month, it may be time to explore your options.īelow, we’ll uncover the average monthly electric rates for businesses in different industries, giving you a better picture of how much electricity should cost for your small business. That being said, the average monthly bill for commercial properties in the United States was $647.61 in 2019. Unfortunately, due to the wide range of business sizes and types, it can be difficult to know how much you should be paying for your power bill. To begin, you’ll need to have a better idea of what you should be expecting to pay. The good news is, you’re not alone, and there are solutions. Typically one of the largest monthly expenditures facing small businesses, more and more small business owners are struggling to keep up with rising rates for the electricity you need just to operate. How much does your small business pay for electricity? The answer is probably too much.
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