Commercial Electricity in Houston
For most businesses, electricity is a significant budget item. Most companies
want to manage their energy costs but do not have the resources to dedicate an individual to ensuring they have all of the information available to make the best energy buying decision. Electricity Prices and Rates offers the results of an in house expert without the accompanying expense. To stay focused on core business goals, companies need to have experts available to handle specific needs. Evaluating electricity provider offers is a confusing and time-consuming process. We offer our customers a reliable alternative to going it alone in the energy markets
Houston Commercial Electricity
There are many considerations to be made in the process of selecting and electricity providers. Which electricity providers should I accept bids from? There are currently over 40 in the state of Texas
. Which commercial electricity contract is going to provide me with the best terms? Many providers have varying meter fees, penalty fees and payment terms that can skew the value of a bid. Should I choose a fixed or variable rate? Variable rates have had a good performance record but are subject to volatility.
How long should I lock in my commercial electricity rate? You are basically making a market call when you determine the term length of a contract.
Houston Commercial Electric Price
These are some of the important questions to ask. The question that can have the greatest effect on your commercial electricity
costs is WHEN should you execute a contract. Natural gas
is the underlying commodity that weighs heavily on the price of electricity in Texas. The majority of power for sale to the retail market end user is generated by generators
that use natural gas as their heating element to spin their turbines and crank out megawatts of power. Natural gas is an extremely volatile commodity. The natural gas market can swing electricity prices
up or down by a penny per kilowatt hour
in a single day. Executing a commercial electricity contract on the wrong day can result in the loss of significant savings. Considering most businesses consume thousands of kilowatt hours in a month or even a day, pennies can quickly add up. Working with our experienced consultants ensures that you have the information and expertise necessary to make the best energy buying decision for your business.