Understand your electricity bill for better energy efficiency

Understanding bill’s variables can prevent surprises


Facility executives who don’t understand how their power is priced have been disappointed when their energy projects failed to produce expected dollar savings, according to an article from Building Operating Management on the FacilitiesNet website.

Commercial electricity bills depend on a number of factors: how power is supplied and delivered, when it's consumed, voltage, and how fast it's used. Understanding bill’s variables can prevent surprises.

Your electric rate is spelled out in a document called a “tariff” that can be downloaded from your utility’s web page. A tariff should clearly spell out the costs for each component that is part of your rate.

Unlike residential electric rates, commercial electric bills are not based solely on the quantity of kilowatt-hours (kWh) consumed in a billing period (in the United States, that’s a month).  Instead, different rates may apply to how your power is supplied, how it is delivered, when it was consumed, its voltage, how fast it was used (in kW), and other factors.

Read the article.



May 8, 2020


Topic Area: Energy Efficiency


Recent Posts

Designing Healthcare Facilities for Pediatric and Geriatric Populations

Understanding the nuanced needs of both age groups is essential to creating supportive multi-generational environments.


Kaiser Permanente Announces New Hospital Tower at Sunnyside Medical Center

It plans to open this new facility on the campus in 2029.


Building Disaster Resilience Through Collaboration

The ability to respond quickly and recover effectively depends on the strength of an organization’s external bonds.


Amae Health Expands to New York City

This expansion brings its integrated care model to serve individuals with complex mental health conditions.


Hospital for Special Surgery Opens Two New Facilities in New Jersey

The two facilities are a full-service outpatient center and a surgery center.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.