Looking for Business Energy?
When running a business, energy is essential. Clearly you can’t operate a business without electricity or natural gas flowing, however, the process to get electricity and natural gas connected in your business property may not seem as clear cut. Signing up for business energy doesn’t have to be difficult though. In fact, it’s pretty simple.
Business energy isn’t much different than energy service for homes, apartments, townhomes or agricultural land. As long as you live in a deregulated area you most likely have a variety of natural gas and electricity rates available to you. Gas and electricity rates on supply can come from regulated suppliers or competitive retail suppliers. Regulated suppliers are utility companies that offer regulated supply rates pre-approved by the utilities commission in your area. Competitive retail suppliers offer competitively priced plans that vary in price, term and more. Both options are viable for your business energy needs but in order to decide which one is the best strategic partner for you, you’ll need to do some research and explore the offerings.
How commercial energy rates are determined
Commercial energy rates depend on many factors. Some of the factors that play a role in the customized quote you receive from competitive retail suppliers include the size of your business, previous energy consumption and current market prices. This suggests that a quote for electricity for a small business will differ in pricing compared to a quote for a large business.
Whether you’re looking for natural gas or electricity for small business spaces, a large business or an industrial site, you have the ability to request commercial energy rates from multiple competitive retail suppliers and then compare prices. Unlike residential supply rates, commercial energy rates may be subject to negotiation.
Tips to manage business energy costs
In your office space there are several ways you can cut back on energy. Becoming more energy conscious and reducing your energy consumption has many benefits such as reducing the negative emissions released into the environment and lowering your monthly business energy costs. Below are some simple ways you can save energy in your business.
- Invest in a smart thermostat and turn off the heat or air conditioning when no one is in the office.
- Shut all lights at the end of the day.
- Switch to low-flow faucets in dinette areas, kitchens and restrooms.
- Change your lightbulbs to energy-efficient compact fluorescent bulbs.
- Install motion sensors for conference rooms.
- Utilize natural lighting.
- Upgrade to Energy Star certified appliances.
- Set printing quotas per day to reduce paper waste.
Utilities take care of energy delivery
If you receive a customized quote from a competitive retail supplier that matches your business energy wants and needs you may decide to stop receiving regulated supply rates from your local utility company. Despite this decision, you’ll actually still be connected to your utility. The utility in your area handles all things related to delivery and will therefore be the reason the lights turn on in your business. Since your utility handles the transmission and delivery infrastructure, it will charge you for the cost of delivery and also handle any emergencies such as power outages.