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Top electricity companies: the 10 biggest by homes served, who you can pick and how to judge one

Most homes cannot pick their electric company, so "best" only counts where you can. Here is the size list, the five checks and the record each state publishes.

Published 9 min readBy The Day Company review team · How we verify figures
10.3%Homes that bought power from an energy-only company in 2024 (EIA)
13 + D.C.States with statewide home choice, plus Texas (EIA count)
Short answer

No electric company is best for the whole country, and most homes cannot pick one. In the 2024 federal count, only 10.3% of homes bought power from a seller they picked; the rest buy from the one company that serves their address. Where you can choose, judge a company on its state complaint record, its license and the all-in price at your own use. Nobody is ranked on this page.

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A partner runs the plan finder. If you sign up, it may pay us a fee, and that never moves a rating or a score.

10.3%Homes that bought power from an energy-only company in 2024 (EIA)
13 + D.C.States with statewide home choice, plus Texas (EIA count)
10Biggest utilities shown below, by homes served in 2024
0Companies ranked by quality on this page

The 4 things to know

  • "Best" needs a choice. If your state does not let homes choose, one company serves you and the only "best" is how well your state watches it.
  • "Biggest" is not "best." Size tells you how many homes a company serves. It does not tell you its complaints, its fees or its price.
  • The record you can check is not the same everywhere. Texas posts a company-by-company complaint rating. We did not find one in the other four states we read.
  • We rank no company here. Where our own scores exist, they are on the Texas and Pennsylvania pages linked below, and each score lists its public records.

Built on public data from the U.S. Energy Information Administration (Electric Power Annual, Form EIA-861 and Today in Energy), the Public Utility Commission of Texas, the Pennsylvania Public Utility Commission, the Public Utilities Commission of Ohio, the New Jersey Board of Public Utilities and the Illinois Commerce Commission, read Oct. 25, 2026.

01 · Three kinds

Which company do you mean?

"Electric company" means three different things. Most "best" lists mix them, and that is why they disagree.

Your wires company, the utilityIt owns the poles and meter, fixes outages and reads your meter. You cannot switch it, in any state.
Your power seller, the supplierIt sells the electricity itself. You can pick one only in states with home choice.
The giant parent companyA big business that owns utilities, power plants or sellers. It shows up in stock lists, not on your bill.

When someone asks for the best electric company, they usually mean the second kind. If your state has no choice, nobody has a second kind to pick, and the right question is how to push your utility and regulator, not which brand to pick.

02 · Free check

Can you pick one?

Choose a state. The check says whether homes can pick a seller there, and then links the state's own shopping site, license list and complaint page. For the five states where our plan finder works, it also links our guide.

Your five-minute company check
Where the home is, not where you live now.

Pick your state. We show whether you can pick a company and where the state posts its records.

Pages checked Oct. 25, 2026. Regulators move pages, so open the link and look at the date.

This check repeats public pages from your regulator and our own guides. It is not a rating of any company. States it does not list: ask your state utility commission whether homes can choose, because rules and exceptions differ.

How many companies a home can pick from, on the read date in each state:

Companies a home can pick from (state lists, read by our robots)
StateCount on the state's own listRead
Texas44 company names list a plan on Power to ChooseOctober 24, 2026
Pennsylvania47 suppliers have an offer on PAPowerSwitchOctober 24, 2026
Ohio49 suppliers have an offer on Energy Choice OhioOctober 24, 2026
New Jersey68 suppliers are licensed to serve homesOctober 25, 2026

A long list is not a better list. One company can sell under several brand names, and not every listed company has a plan for your address. The plan finder on this page shows plans for your ZIP in TX, PA, OH, NJ and IL only.

03 · Biggest

The 10 biggest, by homes served

This is the only "top" list we publish, and it ranks size, not quality. The U.S. Energy Information Administration counts the homes each company serves. The table below is its 2024 count of homes that buy power and delivery from the same company.

Homes served in 2024 (millions, EIA)
Florida Power & Light (FL)
5.24 million
Southern California Edison (CA)
3.22 million
Commonwealth Edison (IL)
2.92 million
Consolidated Edison (NY)
2.72 million
Georgia Power (GA)
2.45 million
Virginia Electric & Power (VA)
2.38 million
DTE Electric (MI)
2.07 million
Public Service Electric & Gas (NJ)
1.97 million
Duke Energy Carolinas (NC)
1.92 million
Pacific Gas & Electric (CA)
1.86 million

Source: EIA, 2024 utility bundled retail sales, residential. These are wires companies. Homes that buy power from another seller or a local program are counted elsewhere, so a utility's full wire count can be higher.

Two Texas sellers sit just below this list in the same table: Reliant Energy Retail Services with 1,548,250 homes and TXU Energy Retail Co with 1,446,391. They are sellers that Texas homes choose, so size means something different for them.

Do not read this list as a "best" list. Every company in it serves a set territory. A home in Illinois cannot move to Florida Power & Light, and a home in Florida cannot pick ComEd. We have no score for any of them.

04 · Judge one

Five checks that judge any company

Use these where you can choose, or to judge the utility you are stuck with. Each one points to a record you can look up in minutes.

  1. 1
    Is it licensed?

    Search your regulator's own list before you give an account number. The check above links it for each state we cover.

  2. 2
    What do complaints show?

    Look for a count per customer, not a raw count. A big company gets more complaints just by being big. The table below shows what each state posts.

  3. 3
    Has the state acted against it?

    Look for fines, settlements and orders in your regulator's dockets. Read the order, not a news headline, and note the date.

  4. 4
    Are the terms plain?

    Find the price per kWh, any monthly fee, the length, the fee to leave and what happens at the end. Our guide on how to choose a plan walks through the plan itself.

  5. 5
    Does the price beat your default at your own use?

    Compare at your own kWh, not the 1,000 kWh a lot of ads use. Where your utility posts a price to compare, that is the number to beat.

Complaint records are not equal from state to state. This is what we found on each regulator's own pages.

What each regulator posts about complaints (read October 25, 2026)
StateWhat we foundWhere
TexasA company-by-company complaint rating, by complaints per 1,000 customers. Our Texas complaints guide explains itPUCT complaint statistics
PennsylvaniaHow to file and a search of formal complaints, plus yearly consumer activity reports. We did not find a rate per supplier on the complaints pagePA PUC complaints
OhioCustomer-choice dashboards of switch rates and shopping. We did not find a complaint rate per supplierPUCO customer choice activity
New JerseyHow to file a complaint, a form for supplier complaints and a "Quarterly Complaint Data" page we could not readBPU complaints
IllinoisA "Retail Electric Suppliers Complaint Summary" page; its figures did not load as text for us, so open it yourselfPlug In Illinois

"We did not find" means the page we read did not show it on October 25, 2026. A regulator may post it somewhere else. If you find one, tell us at info@theday.company and we will fix this table.

05 · Our scores

Where we do score companies

We score electricity companies on public records only, out of 100 points: how we score lists the formula. Complaints are the biggest slice, 25 points, and the record behind each point is on the company's review. We score Texas and Pennsylvania sellers, and the ranked lists live on their own pages:

TexasRanked on state records

The Texas list of electricity companies, with no paid ranks.

PennsylvaniaRanked on public records

The Pennsylvania supplier ranking, best score first.

We do not merge those into one national list, on purpose. Each state has its own price benchmark and its own records, so a 72 in one state is not the same test as a 72 in another. For Ohio and New Jersey, we list certified suppliers but have no scores yet, so read our Ohio supplier guide and New Jersey supplier guide with the five checks.

No one pays for a score or a spot, and the plan finder pays us only if you sign up through it. Read how we make money.

06 · Spot a weak list

How to read a "best" list

Search results for "best electric company" are often a map of local firms, review sites and lists of stocks. They answer other questions. Use these signs.

  • It says how it ranked, with the data and the date.
  • It says who pays the site and whether pay changes the order.
  • It tells you if you can pick a company in your state at all.
  • It ranks one national list when choice is a state rule.
  • It counts stars or stock value as "best for a household."
  • It shows a "best rate" with no usage, no fees and no date.
07 · Dates and checks

How we keep these numbers right

The company counts in the table above are read from each state's list by robots, and each row shows its read date. The federal numbers (homes served, share of homes with an energy-only seller, the count of choice states) are read by a person from the U.S. Energy Information Administration. We check the federal homes-served count each fall, when EIA posts the new year, and the choice-state count each April and October. The latest we had for the choice-state count is dated March 15, 2023.

What we could not verify: the size of each wires company's full territory (EIA counts delivery-only homes in other tables), a complaint rate per supplier in Ohio, New Jersey, Pennsylvania and Illinois, and whether a state's "Quarterly Complaint Data" page is by company. We say so above instead of guessing.

Your next step

Pick your state in the check, open your regulator's list, then compare plans for your ZIP. Sign with the new company only.

Compare plans at my ZIP

A partner runs the plan finder. If you sign up, it may pay us a fee, and that never moves a rating or a score.

Read nextHow to choose an electricity provider Read it
08 · Quick answers

Questions, answered

Who is the best electricity company to be with?

There is no one best company for everyone. First see if you can pick: only 10.3% of homes bought power from an energy-only seller in 2024. Where you can, favor a licensed company with a low complaint rate, plain terms and a price below your default at your own use.

What company has the best rates for electricity?

It depends on your state, your use and the day. Rates and plans change often, so compare today on your state's own site and write down the date. The company with the lowest rate on one page can cost more once a monthly fee is added.

Who is the best energy provider currently?

We do not name one for the whole country. We score sellers by public records in Texas and Pennsylvania, and the lists are linked above. Elsewhere, use the five checks and your regulator's list.

Who are the top 5 energy companies?

By homes served in the 2024 EIA count, the top 5 wires companies are Florida Power & Light, Southern California Edison, Commonwealth Edison, Consolidated Edison and Georgia Power. That ranks size, not quality, and you cannot pick them.

Who is the biggest electric company?

Florida Power & Light, with about 5.24 million homes in the 2024 EIA count. Other lists rank by stock value or by power plants owned, so the answer changes with the measure.

Which electric brand is best?

A brand is a name on a bill. The same parent can own several brands, and a utility name is not the same as a seller you choose. Judge the licensed company behind the brand, not the logo.

Who has the cheapest electricity right now?

No company is cheapest for everyone. Use your state's official shopping site and compare at your own kWh, with fees. Our check above links to it.

Can I switch my electric company if I am not happy?

Only if your state and utility allow choice. If they do, sign up with the new company only and never cancel your utility. Our how to switch guide has the steps and the cancel days.

Where to next

What do you want to do next?

Sources

Sources and updates

Sources (10)
Changelog · last updated October 25, 2026 · 1 update
  • October 25, 2026: Guide published.

How to cite this page: The Day Company, "Top electricity companies: the 10 biggest by homes served, who you can pick and how to judge one", updated October 25, 2026, https://theday.company/switch/best-electricity-companies.

The Day Company is not a regulator, a utility or a seller, and is not affiliated with any company named here. Homes-served counts are federal data for 2024 and rank size only. They are not a rating. "We did not find" means the page we read on Oct. 25, 2026 did not show it. Check your own state regulator before you sign. Our plan finder is Power HQ, operated by Blitz Ventures Inc. (doing business as EnergyBot). It shows plans only in Texas, Pennsylvania, Ohio, New Jersey and Illinois, where it holds Pennsylvania Public Utility Commission licence A-2018-2647582, Public Utilities Commission of Ohio licence 18-1282E, New Jersey Board of Public Utilities licence EA-0519 and Illinois Commerce Commission licence 17-0994, and is a registered broker with the Public Utility Commission of Texas.