We like easy answers. We are presented with problems every single day, and business leaders sometimes feel that the bulk of their time is spent seeking answers. When the answer is right there in plain sight, that’s a rare joy. Rare because, all too often, the answers to business-related questions are hidden—in the numbers, in knowing how to deal with people, in lines of code, or even in years of experience. If you’ve been managing a business for even a short while, you know the truth of this all too well.
Of course, sales people understand the appeal of easy answers, too. That’s why every infomercial ever filmed claims to deliver an easy, quick, effortless fix to one problem or another. And those of us who sell and broker commercial electricity know the appeal of easy answers, as well. Here at Live Energy, we like to shoot straight with our clients, which is why we’ll tell you upfront, there simply is no easy answer when it comes to your business electricity arrangements. Commercial electricity is nothing if not complex.
You’ve probably been through the process of comparing electricity rates and electricity providers for your home. Many business owners approach commercial electricity rates with the assumption that business and residential power are more or less the same thing. They are not. Whereas you have only a handful of alternatives when choosing an energy plan for your home, there are considerably more options for a commercial customer. How many more? Dozens.
Business electricity rates can be fixed, variable, based on heat rate, based on the MCPE (or “market clearing price for energy”), or a combination of these. The term of your contract can be as short as a few months to as long as 5 years in some cases. You need to take into account bandwidth restrictions, which can be costly if you plan to grow or shrink your business in the next few years. And, on top of all that, timing is everything when it comes to commercial electricity. The energy market is always on the move. The price changes so frequently that getting a good rate could come down to the day and even time of day when you contract.
As much as we would like to tell you there’s a simple formula for determining which combination of options will save you the most money, there isn’t. What we can offer you, however, is the assistance of our expert team. We’ve been helping businesses of all shapes and sizes save money on their commercial electricity costs for more than a decade. Based in our home state of Texas, we have local clients as well as clients in other deregulated states. Big or small, a single location or a large network of nationwide locations, we can help you find the business electricity rate that will fit your organization. We can’t make the answer easy, but we can do the hard work of finding the right answer for you. That not only saves you money—it saves you time, too.
The answer may not be easy to find, but there’s no reason for you to do the hard work all on your own. We are Live Energy. Call us today at 888-341-9155 to learn more about how we can help you develop a comprehensive commercial electricity strategy.