business electricity Archives

Managing Your Commercial Electricity Contract

When you signed your commercial electricity contract, it included a list of meters and service addresses covered by the contract. It also included benchmark usage information (typically your historical usage) and clauses about penalties for material changes in usage.

All that comes into play when things change. Whether it’s an additional location, moving to a new location, adding new equipment or selling your business, material changes can have an impact on your electricity contract. This article will help you understand what to look for.

Electric Vehicle Fleets: A Guide for Business Owners

If you have a fleet of vehicles for your business, you may be considering going EV for your next purchase. With good reason. There are now more choices for passenger and light-duty fleet vehicles. Here’s a basic guide to fleet electrification 101.

Summary: A business EV fleet may be for you if you have a cargo fleet that drives less than 120 miles a day or sedans/SUVs that drive 200-400 miles daily. Talk to your accountant about depreciation and any purchase incentives.

Top 5 Texas Business Electricity Mistakes

Shopping for business electricity in Texas can be a challenge. But you can avoid common mistakes businesses make in energy procurement by knowing what to look for.

Most mistakes are simple oversights. Don’t treat electricity procurement like it’s just another purchasing decision. These can be complex contracts and it’s important to avoid these erros.

Why are Texas Electricity Prices So High?

In 2022, we had some of the highest electricity prices since deregulation. But now? Prices have come down by 30% or more vs. last year.

Here’s a recap on why prices are so high some years (and during the summer) and some strategies on how to get the best price for your home or business.

For the latest on electricity price forecast, check our article on 2023 Texas Electricity Price Trends or enter your zip code below.

Using an Energy Broker for Commercial Electricity

A commercial energy broker can help your business save money on energy costs, manage contract renewals, and find the best energy solution. They can also provide advice on various energy plans and contract terms, saving you a significant amount of time.

Texas Ancillary Services – What Are They? And Why Should You Care?

If you’re a business owner in Texas, you need to know that Ancillary Services could be passed through on your bill, depending on your contract language.

Ancillary Services are processes that help the ERCOT grid maintain a stable, efficient and safe operation. These processes and tools let ERCOT control voltage, frequency, flow and system recovery if there’s an emergency event. And new ancillary services charges in Texas could show up as line items in your business electricity bill.

Developing a Sustainability Strategy for Your Small Business

A sustainability strategy for your small business can help you attract new employees and new clients, as well as contribute to a greener environment. And becoming a green business can have a big impact on your bottom line. Here’s how to develop a sustainability strategy for your business.

City Inspections & Permits for Texas Business Electricity

City inspections and permits may stand in the way of getting new electricity turned on for your business.

It’s pretty common. The business owner shows up on the day they expected to have lights. And there’s no electricity. And it’s all due to a required inspection that no one told them about.

If you are putting the lights in your business name, you’re scheduling a “move-in” and that typically triggers an inspection. Contact your city or county inspection office to find out if a inspection is required. The inspection certificate must be filed with your local utility before you can get the lights turned on with the retail electricity provider you selected.

Sales Tax Exemption in Texas – Cut Your Business Electricity Cost

Your Texas business may qualify for a sales tax exemption on your electricity bill. Any business that uses electricity in their production activities could qualify.

You’ll need an engineering study, called a Predominant Use Study, to prove what percent of your electricity usage goes into production. And you’ll need to file a Form 01-339 Exemption Certificate with the state in order to get the Utility Sales Tax Exemption.

But it’s worth it to save anywhere from 6-8% or more on your business electricity bill. Here’s what you need to know about the Texas Sales Tax Exemption and how to your business can qualify.

18 Energy Saving Tips for Small Business: Get Business Electricity Savings

With these business electricity savings tips, you’ll save money on your electricity bill. And that’s savings that can go right to your bottom line!

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