Understanding Ancillary Services In Energy Markets And How They Affect Your Commercial Power Bill
Ancillary services play a critical role in ensuring the stability and reliability of the electric grid, directly impacting energy costs for commercial businesses. This guide delves into what ancillary services are, how they work in the energy market, and their implications for retail energy contracts, helping businesses better understand and manage these often-overlooked costs.
Understanding the Fuel Adjustment Clause (FAC): A Guide for Commercial Energy Customers
The fuel adjustment clause (FAC) plays a significant role in determining monthly energy costs for businesses, yet it’s often misunderstood. This article breaks down what the FAC is, how it impacts commercial utility bills, and actionable strategies to manage variable fuel costs effectively.
PJM’s Capacity Price Increase For 2025/2026: What It Means For Your Business & Energy Costs
PJM's capacity prices are set to rise dramatically for the 2025/2026 delivery year, leading to higher electricity costs for businesses. This blog explains the factors behind the price increase, how it impacts your energy bills, and strategies you can use to mitigate these rising costs.
Power, Factor, Reactive Power, And Power Factor Correction
Power factor directly influences energy efficiency and costs for businesses, making it a critical concept in energy management. In this blog, you'll learn about power factor, the benefits of correcting it, and how improving it can lead to significant savings on your energy bills.
Understanding Line Losses In Energy Transmission And How They Affect Your Electricity Rates
Electricity transmission isn't perfect—some energy is lost as it travels from power plants to your business. In this blog, we'll break down line losses, how they affect your energy costs, and what you can do to minimize their impact.
Time-of-Use (TOU) Rates: How They Affect Your Business Energy Strategy
Time-of-use electric rates are an innovative approach to energy pricing, encouraging consumers to shift their electricity usage to off-peak hours. This article explores the benefits and challenges of time-of-use rates, highlighting their potential to enhance grid efficiency and reduce overall energy costs.