Tips for Finding the Best Deals on Business Electricity Tariffs
Running a business is never easy, especially during an economic recessionary climate. You constantly have to take care of your staff and customers while simultaneously maintaining pace with the stiff competition around you. However, if you live in an unregulated U.S. electricity market, you are also able to sign up with a custom-built business electricity policy to reduce your overheads. If you run a service-oriented organization that offers both commercial and residential customers various services, such as heating, ventilation, and air conditioning, or just want to reduce your bill every month, it will help you save a lot on your electricity usage.
Many small to medium-sized businesses
are finding it difficult to cope with the financial strains placed upon them due to the economic downturn. At the same time, the prices of fuels have been steadily rising, which makes doing business tougher. Even if you manage to get by, it is still not worth it because you end up paying a fortune every month in fuel expenses. The smartest thing to do is to sign up with a supplier that will offer you a business electricity rate that you can easily afford. However, the best option is to take advantage of variable rate energy plans offered by numerous electric suppliers.
Variable-rate energy plans
are more affordable than fixed ones because they fluctuate according to the current prices of gas and electricity. This way, you can take full advantage of rising gas and electricity prices without having to worry about huge spikes in your monthly bill. A good example of a supplier who offers variable-rate plans to small to medium-sized businesses is Enron. They successfully managed to provide cheap electricity to millions of their residential and commercial customers. However, even though they are now history, other energy suppliers are trying to capitalize on the success of Enron by introducing similar offers to small businesses.
To determine your business electricity tariff
there are a few things that you need to take into account. First, consider your daily usage and compare it to the estimated monthly usage of your business. Take into consideration, not just the consumption during normal working hours but also when your customers are at their most demanding and most used. You may also want to check with your utility company to find out the average electricity usage of properties within your vicinity. By calculating these figures, you will be able to estimate how much you will need to pay in terms of your fixed business electricity tariff.
Once you are done with your initial calculations
the next step is to find a comparison website that will give you the most accurate quotes. The process here will be faster and easier if you use a comparison site that has already compared the various providers based on several factors such as service, price, and reliability. Once you enter the required information, it will only take you a few minutes before you have an up-to-date list of business electricity tariffs in your area. You can choose to see the rates for peak hours or off-peak hours; these are the two different types of tariffs that are usually offered by electricity providers.
A good comparison website
should also offer you information on energy suppliers and the different deals that they are offering. This means that you do not have to visit one site after another just to get your desired tariffs. In fact, you do not even have to use the Internet to complete the process. Instead, all you have to do is simply visit a comparison site, provide some basic information and you will immediately get a list of available energy suppliers in your area.