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Business energy rates and plans for merchants
Businesses typically use significantly more electricity than residential buildings, which makes it important for business owners to secure an affordable energy rate. Electric companies can customize a commercial electricity plan for small businesses based on the unique energy usage patterns of your company.
How to find the best electricity provider for your business
Whether you run a hair salon or auto repair shop, you’ll need reliable power to use appliances during working hours. Choose Texas Power is here to help you find a reliable electricity provider to meet your needs. You can call the number on your screen or fill out our business energy form to reach one of our experts.
We’ll ask you some questions about the type of business you operate to better understand your energy requirements. We can then connect you with our partners to create an electricity plan tailored to your needs.
Plan types
You can choose from a range of plan types, depending on your business needs. We partner with top electricity providers like Ambit Energy and TXU Energy to offer specialized business energy solutions. The most common options are fixed-rate and variable-rate business plans.
A fixed-rate plan allows you to lock in a commercial energy rate for your nail salon or auto shop for an agreed period of time. These plans usually last between 12 and 36 months but can be longer or shorter. If you want to change providers before the contract expires, you may have to pay an early termination fee (ETF).
On a variable-rate plan, your rate fluctuates from month to month. You won’t have a contract, so you’re free to change plans at any time. However, your electricity costs will be harder to predict.
Energy efficiency for small businesses in the service industry
As a small business owner, you’re likely familiar with the importance of managing your costs and searching for savings to boost your company’s efficiency. Choosing an affordable energy plan is one of the most effective ways to achieve this goal.
According to the Energy Information Administration (EIA), the average business in the U.S. uses around 6,000 kilowatt-hours (kWh) of electricity each month. If you look for opportunities to cut back on energy consumption, you can invest your company’s money in other important areas of operations.
You can start by monitoring your energy usage. Examine several months of energy bills to understand how much your business typically consumes each month. You can also consider getting an energy audit to help you identify where you use the most energy and take steps to reduce it.
Energy conservation strategies for salons and auto shops
If you’re spending too much on your monthly electricity bill, you can take various steps to conserve energy in your business. Straightforward tasks like turning off lights and appliances when you leave a room can make a big difference over time. You can also inform staff members about the importance of conserving energy.
Other strategies involve investing some money upfront to make savings over the long term. Consider upgrading your HVAC system to reduce the amount of power needed to run it. You can also buy energy-efficient equipment for your store or workshop.
Ready to learn more about energy-saving tips and commercial electricity providers? Call the number on your screen or fill out our business energy form today.