Shopping for business electricity in Texas can be a challenge. Here are the top 5 Texas business electricity mistakes made by business owners. And how to avoid them.
commercial demand charges
TDSP Charges can account for 50% or more of your company’s electricity bill. Yet, it’s the section of your electricity bill that you have the least control over.
Have you ever opened your commercial electricity bill to find surprising delivery charges? This typically happens in the demand portion of your commercial bill, but other areas can also be a surprise.
What exactly are these TDSP charges on your electricity bill? And, more importantly, what can you do about them? Here’s how to read your commercial electricity bill.
You shopped for the lowest rate per kWh for your business. So what’s this other charge on your bill?
Business customers often pay a commercial electricity demand charge in addition to the cost per kWh. And depending on the type of business you run, it may be a substantial.
Read on to find out what is a demand charge, how demand charges are set, typical load factor by type of business, how your load factor impacts your demand, and most importantly, how to reduce your demand charges.