Save on Electric Bill – Ways To
Posted on March 23, 2011 | No Comments
Ryan Reec asked:
Manufacturing companies have the need of and do try to save on electric bill. There are ways that you can do this; however, it is not always worth looking in to somethings as many of them may not save you significant money. That is why I tout utility bill audits, most electric bill audits yield (3 out of 5 companies) savings. Save on utility bill, via an audit can be a quick way to recover overcharges and begin saving money. Most utility auditing companies are performance based and so will not charge you if savings are not found.
Ways to Save on the Electric Bill
1. Rate Schedule Changes-Many utility companies offer alternative rates. One of these rates may be better suited for your type of operation. For example, time of use, demand, high voltage, etc.
2. Load Management-Leveling out the peaks in usage or demand or shedding loads will minimize the demand charges.
3. Billing Errors-Are there any anomalies/outliers in the billing history that cannot be explained or charges that do not make sense?
4. Operation Hours Shifted or Reduced-Can pumps or compressors start up times be shifted? Can smaller motors be used during lighter load times? Are there areas in the building that are being cooled/heated unnecessarily?
5. Lighting Retrofit-Can you economically replace old lighting with new more efficient lighting? Can windows be used more effectively?
6. Erroneous Charges and Electric Bill Riders-Are all of your charges on your bill legitimate. Are there taxes that could be exempted? Is there an environmental fee that could be eliminated? Are you paying for a certain size meter that you no longer have. This is where you can really save a lot of money on your electric bill because when you discover an overcharge, you will generally qualify for a refund as well.
Of course, this list is not comprehensive in ways to save on electric bill. However, some of these could add up to save your company thousands on their monthly bill. It might be something that is very easy to implement or it may be as easy as sending your utility a letter explaining why you should be on a different rate schedule.
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Manufacturing companies have the need of and do try to save on electric bill. There are ways that you can do this; however, it is not always worth looking in to somethings as many of them may not save you significant money. That is why I tout utility bill audits, most electric bill audits yield (3 out of 5 companies) savings. Save on utility bill, via an audit can be a quick way to recover overcharges and begin saving money. Most utility auditing companies are performance based and so will not charge you if savings are not found.
Ways to Save on the Electric Bill
1. Rate Schedule Changes-Many utility companies offer alternative rates. One of these rates may be better suited for your type of operation. For example, time of use, demand, high voltage, etc.
2. Load Management-Leveling out the peaks in usage or demand or shedding loads will minimize the demand charges.
3. Billing Errors-Are there any anomalies/outliers in the billing history that cannot be explained or charges that do not make sense?
4. Operation Hours Shifted or Reduced-Can pumps or compressors start up times be shifted? Can smaller motors be used during lighter load times? Are there areas in the building that are being cooled/heated unnecessarily?
5. Lighting Retrofit-Can you economically replace old lighting with new more efficient lighting? Can windows be used more effectively?
6. Erroneous Charges and Electric Bill Riders-Are all of your charges on your bill legitimate. Are there taxes that could be exempted? Is there an environmental fee that could be eliminated? Are you paying for a certain size meter that you no longer have. This is where you can really save a lot of money on your electric bill because when you discover an overcharge, you will generally qualify for a refund as well.
Of course, this list is not comprehensive in ways to save on electric bill. However, some of these could add up to save your company thousands on their monthly bill. It might be something that is very easy to implement or it may be as easy as sending your utility a letter explaining why you should be on a different rate schedule.
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