This year, electric rates in the US soared to record highs, leaving many businesses with the difficult task of paying exorbitant—sometimes shockingly so—energy bills. Fortunately, if your business is located in either Pennsylvania, New Jersey or Connecticut, there are many ways that you can go about getting lower electric rates. This is due to the fact that all three states provide you with alternative electricity options such as switching electric suppliers or investing in solar.
Let’s take a look at how you can lower your business electricity rates:
First, you need to focus on reducing your overall electricity costs
Before you start taking steps to lower your business electricity rates, you should first take a look at what you can do to lower your overall energy consumption. Here are a few things that you can do:
Upgrade your lighting
Fluorescent light cost the same as incandescent ones and LED lights are cheaper than ever, so upgrading your lighting shouldn’t be too much of a problem. Considering the fact that fluorescent lighting uses about a third as much energy as incandescent ones and LED lights use about a tenth, this is certainly a worthwhile investment to reduce your energy use.
Put a hole in your roof
Skylighting is a great way to cut your daytime lighting costs to virtually nil. As such, you should consider investing in a few skylights.
Turn things all the way off when your doors close
Computers, televisions and many other appliances continue to sap power even when they are technically turned off. Add power strips to everything and flip them off at the end of the day.
Turn down the power on your heating and cooling system
By turning your heater down a few degrees—or vice versa with your A/C—you can save a lot of money on your electric bill. This is because your HVAC system doesn’t have to work as hard.
Use motion detectors
Motion detector technology isn’t just good for your security system. It can also help you save even more on your light bill by making sure that a room is only lit when someone is actually in there.
These are just a few of the highly effective ways that you can reduce your company’s electricity use. Now, let’s take a look at how you can lower your actual energy rates.
Switching electric suppliers
As we mentioned at the beginning of the article, electric customers in PA, CT AND NJ have the power to choose. Each energy supplier in these states offers different rates, so switching could save you a lot of money via a substantial rate reduction.
This is especially true when switching from the big energy suppliers in these three states, which once held monopolies. Many alternative electric suppliers in CT, for example, offer business electric rates around 15 percent lower than those of Connecticut Light & Power, the largest electric supplier in CT.
Before you switch, though, make sure that the rate you are choosing is not deceptive. Variable energy rates can quickly cost you thousands—or even tens of thousands—and some electric suppliers in CT, NJ and PA will try to suck customers in with “introductory rates” that change almost as soon as your service starts.
Investing in solar
The best way to reduce your company’s energy rates is to get rid of them completely. You can do this by investing in a solar panel system for your facilities. In many cases, solar panel users are seeing days where the solar energy production is so abundant that the energy suppliers in their state actually pay them to absorb the excess energy into the main power grid.
The states are helping to expand the use of solar panel systems as well. The state of New Jersey, for example, is working with electric suppliers in NJ to help more residents and businesses to have solar panel systems installed. Likewise, the state of Connecticut is working to expand solar panel use through state-backed financing and incentives.
If you are a NJ, PA or CT company, you can lower your business energy rates NOW
To learn more about how to reduce your energy costs, visit MakeTheSwitchUSA.com. There you can gain detailed information about the energy information in your state. In addition, they will provide you with details about all of the electric suppliers in PA, CT and NJ that service your business for FREE.