And they charge business 1/4 the rate!

Seems more like 3/4 the rate here

And in the rest of the US as shown here:

https://www.eia.gov/electricity/monthly/epm_table_grapher.ph...

Very nice. It seems the 3/4 rate for commercial use is almost universal.

Do they? Here in the UK it's been a huge problem for years now that residential rates have been locked to basically ~25p/kWh, but businesses have been paying 3 or 4 times that, it bankrupted so many places when their monthly bills literally went from like 2k a month to 8k a month. It's the reason why charging a car at home is so much cheaper than at public charging stations, they just cannot get the same rates since they are classed as businesses.

I left the UK in 2018 so this may be a strange question: I remember news about a massive but very brief energy price hike around when Russia began their "special operation" and everyone said "right, no more Russian gas", so is that hike still present?

I'd search, but the first few results get me geo-blocked because I'm not in the UK.

>>and everyone said "right, no more Russian gas", so is that hike still present?

Absolutely. Shell and BP still make record profits while home price cap has gone down a little bit but generally everyone is still paying through the nose for their electricity.

Commercial and industrial rates are lower than residential rates in the US and elsewhere. The bigger users are apparently better at negotiating rates while the residential customers take what they are given.

Which leads to the hilarious edge case of saving money by charging your car at a Tesla Supercharger instead of at home, because they're paying that much less for electricity than you.

In NY at least, Tesla super chargers charge rates above residential rates, so that does not actually happen unless you are grandfathered into unlimited free supercharging.

Opposite in the US

Can I incorporate in order to take advantage of the reduced rate?

I’d assume you’d have to for your business/industrial zoned location.