Renewable, low-cost energy.
If your business needs lots of power you’ll love Washington State. Low-cost energy is one of the many reasons companies like BMW and Amazon Web Services have located their operations here. We offer businesses the largest coordinated hydroelectric system in the world. Nearly 75% of our power is derived from the many rivers that flow through the state. This renewable resource is augmented by a growing reliance on environmentally friendly wind and solar power. As such, energy costs can run as low as 2.88¢ per kWh and average 4.13¢ per kWh statewide for industrial customers.
In addition to hydroelectric, wind and solar energy, Washington State offers competitively priced natural gas, delivered via pipeline from British Columbia and Alberta, Canada. Additional sources of natural gas are also being explored, as is the ability to manage our power grid for maximum efficiency, stability and reliability, allowing seamless load balancing to ensure uninterrupted and consistent flows of energy.
Industrial energy rates are 38.1% lower than the U.S. average*
Commercial rates are 17% less than the national average*
Residential energy rates are nearly 20% less than the U.S. average*
Looking to the future, Washington continues to lead the way in innovative energy research as well as production and management strategies, including the passage of voter-approved initiative that requires 15% of our electricity to be produced using wind, tidal, biomass and solar sources in the future.
A sensible energy policy designed for business.
Forward thinking firms, especially those with manufacturing concerns or data centers, have significant energy requirements that can strain traditional power grids. Washington State is proud of our legacy of being an energy powerhouse, offering businesses the affordable power they need, when and where they need it.
Washington has also put in place incentives for businesses that want to utilize or produce alternative energy.
- Companies who are generating electricity using fuel cells, sun, wind, biomass, tidal, wave or geothermal energy, anaerobic digestion or technology that converts otherwise lost energy from exhaust or landfill, are eligible for sales and use tax exemptions.
- Businesses, local government entities and even individuals are encouraged to produce their own power and can apply for reimbursement for the energy produced through the state’s innovative renewable energy cost recovery and incentive payment program.
Choose Washington for all your low cost energy needs.
Your business can gain the competitive edge by reducing energy costs while gaining access to a stable, scalable power grid. Our energy experts, power producers and regional business partners have extensive experience in working with businesses that have significant power requirements.
Low cost energy that is plentiful and stable is just one reason why businesses Choose Washington. If your business needs lots of power, contact one of our business experts right now!
* Source: U.S. Energy Information Administration