As we mentioned in our last blog post, Commercial Energy Management: Alternatives To Control Energy Costs, energy usage is one of your business’s most controllable costs. However, strategies to control energy costs come in many forms.
As you work with an energy expert to conduct assessments of your overall energy usage, you ultimately determine a commercial energy management plan. You’re then able to customize your plan by deciding which projects you need to do today and which projects may better serve your budget in the future.Read The Full Post
Many factors contribute to how or why your business is using more energy than is necessary. In addition to managing your price risk through the energy procurement plan you choose – fixed rate or variable rate – there are other effective ways to help flatten the cost of your utility bill for the long term.Read The Full Post
The price volatility of energy commodities – along with the forces of the global economy, climate change, rapid trading and expansion, regulations and new commodities – has the power to put your company out of business.Read The Full Post
If you aren’t already implementing a commercial energy management program into your business to reduce energy consumption and control utility bill costs, you likely fall into one or more of the following categories:Read The Full Post
The first installment of this two-part blog series, How Natural Gas Rates Impact Your Utility Bill, illustrates how an increased demand for natural gas has greatly impacted the energy industry. The result of this ongoing impact is market price volatility for consumers, as rates increase year after year.
How do you gain control over an ever-increasing utility bill that also sees its fair share of price spikes? While efforts to reduce energy consumption may help control energy costs, these energy reduction efforts are not always possible for businesses that need to use energy to make money.Read The Full Post
Due to concerns over climate change and decreasing resources, the demand for natural gas has been growing. Natural gas is clean burning, efficient, versatile and affordable. It’s also beneficial that supplies are available in the U.S. and Canada.Read The Full Post
There is no way to control your energy costs without having total insight into your utility bill charges. Even if you’ve implemented some energy efficiency initiatives, you aren’t fully taking advantage of all the cost-saving opportunities available to your business.Read The Full Post
If you’re looking to develop a commercial energy management program for your business, you need to find an energy advisor who is knowledgeable of commercial energy usage and offers you ways to reduce consumption and lower your utility bill.
How do you know if your energy advisor is really helping you develop a sound commercial energy management plan?Read The Full Post
Have you recently looked at your utility bill and had a hunch that you’re being overcharged by your energy supplier? Your suspicions may not be too far from the truth.
A recent internal study conducted by Consumer Energy Solutions, Inc. (CES) revealed that a staggering 70% of commercial customers are being overcharged by utility companies.
While many of the overcharges are accidental, they do happen and they add up. The fact is, there are over 150 cost components to every utility bill, meaning there is plenty of room for mistakes, from human error to faulty equipment and incorrect rate plans.Read The Full Post
With predictions of a never-ending rise in energy prices, it’s easy to believe there is no way to control energy costs. However, your outlook need not be such a futile one.
If you are new to the concept of commercial energy management – that is, a strategic way of reducing your energy usage to control energy costs – then you may still be laboring under the following three common misconceptions about your utility bill: