Utility Management Services for Businesses
Utility expenses are a frequent cost for business clients who are producing their goods or providing their services. Every one of our business clients are subjected to utility costs.
Reduction of Energy Supply Costs
Under New Jersey’s energy deregulation law, the supply portion of your electric or natural gas bill is separate from the delivery portion. With the supply portion open to competition, customers can shop around for the best price on their energy supplies. Their electric and natural gas distribution utilities will still deliver those supplies through their wires and pipes – and respond to emergencies, should they arise – regardless of where those supplies are purchased.
Purchasing your energy supplies from a company other than your electric or gas utility is purely an economic decision; it has no impact on the reliability or safety of your service. We assist our clients by evaluating their usage, shopping their utility needs to the major suppliers and negotiating short, medium or long-term contracts with the supplier that is providing the best terms. Our constant monitoring of the natural gas and electricity markets allows us to understand when is the best to lock in a long-term contract with a particular supplier.
Our strategic partnerships with two different utility management specialist companies allows us to evaluate if there is an opportunity for our clients to benefit from the deregulation of the utility supply services in New Jersey.
Reduction of Lighting Costs
Another opportunity to manage utility costs is to assess the amount of energy that your business consumes in order to illuminate your facility. Whether you operate out of an office, a warehouse or both; efficiently lighting your facility can save you thousands of dollars.
Our partnership with a premier energy evaluation firm enables us to provide our clients with a free evaluation if a conversion to more efficient light bulbs is an economic opportunity to reduce costs and maximize profits over time. If an opportunity is present, we can also assist in evaluating if financing a conversion makes sense.