17 Ways to Reduce a Business Electric Bill in Deregulated States - Save on Energy Costs

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The Lock Group announces little known or seldom practiced ways to cut energy usage, save energy costs, save time and even find new ways to acquire electricity wholesale.

The Lock Group announces little known or seldom practiced ways to cut energy usage, save energy costs, save time and even find new ways to acquire electricity wholesale.

Way 1 - A good energy consulting firm will be a Licensed Aggregator or Public Utility Commission licensed firm with the knowledge, expertise and experience to serve the needs of most clients, large and small.

Way 2 - Ask an energy consultant to remove all meter fees when possible, for energy savings.

Way 3 - Ask an energy consultant to negotiate a longer billing cycle from say 15 or 20 days to 30 days for improved cash flow.

Way 4 - Ask an energy consultant to find energy plans that grant lower rates in mid term should the market allow it. Then make sure this can be monitored year round.

Way 5 - Ask an energy consultant to remove all possible points of provider profit that can be taken on a more wholesale basis, and to evaluate the associated risks, if any.

Way 6 - Ask an energy consultant to announce "when" to buy power, and when not to. Energy is "seasonal".

Way 7 - Ask an energy consultant about the proper use of the "Strike Price" method of buying power - both the "Hard Strike" and "Soft Strike" methods.

Way 8 - Ask an energy consultant if they offer referral fees for sending new business to them. There may be a way.

Way 9 - Ask about a new method for turning your electric bill into a secondary passive income stream.

Way 10 - Ask about ways to lower your TDSP or "lines and wires/delivery" charges.

Way 11 - Ask how to get on the "no call list" for the 1000+ salespersons, brokers, consultants and Retail Electric Providers (REPs) who call year round - as a key time saver for you and your staff.

Way 12 - Ask how to find a single point of contact for all energy needs.

Way 13 - Ask your consultant how to conduct a "leveraged" electricity procurement, regardless of the size of the business.

Way 14 - Ask how to seek and find Wholesale (versus Retail) electric rates.

Way 15 - Ask how to have an electricity deposit returned from a current Retail Electric Provider.

Way 16 - Ask about a way to implement any or all of these strategies for no out of pocket cost.

Way 17 - Ask if they work with any alliance companies in the areas of lighting retrofits, controls, HVAC or solar technologies for further savings.

All 17 ways revolve around keeping the customer in a safe and secure energy environment in ways that dovetail the customer's needs with the current business climate.

For more information, contact a competent full time energy consultant who can be trusted.

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Kerrie Hammonds
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