When shopping for electricity rates for your business, it pays to compare suppliers and find the right plan. Retail electricity providers value commercial customers for their higher usage levels and preferred usage profile. Commercial usage tends to be more evenly distributed throughout the day than that of residential customers. This smoother profile makes it easier to manage the risk of serving commercial customers.
Commercial fixed rate plans are the most popular because they provide protection against price increases and are the easiest to budget for. Smaller commercial customers may be able to access rates in a manner similar to residential customers. These rates are easy to compare and simple to contract for. Larger customers usually go through a more rigorous process where their detailed usage history is evaluated to determine their rate.
Commercial rate plans may vary depending on which billing elements are included in the quoted price and which are passed through to the customer as separate line items. Depending where your business is located, billing elements that need to be considered include energy, capacity, transmission, line losses, and the costs associated with managing the power grid. It is important to know what is included in the rate to make a true apples-to-apples comparison.
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