A Guide to help businesses lower Ohio AEP utility electricity bills
As a business owner in Ohio, you may be concerned about the rising cost of electricity, particularly with the recent 23% increase in AEP utility rates set for June 2023 rat increase. Marc Reitter, AEP Ohio’s president and chief operating officer, said in an email to customers.”We understand an increase in your bill — no matter how big or small — is not welcome news,” he wrote. “Unfortunately, this change is out of our control and was determined by recent auctions to secure the energy supply needed to serve our customers.” Fortunately, there are several steps you can take to lower your AEP utility electricity bill and save your business money. Here is a guide to help you get started:
Conduct an Energy Audit
The first step to reducing your electricity bill is to conduct an energy audit of your business. This will help you identify areas where you can save energy and reduce your consumption. You can hire an energy auditor or do it yourself using a DIY energy audit checklist. Once you have identified the areas that need improvement, you can make the necessary changes.
Upgrade to Energy-Efficient Lighting
Switching to energy-efficient lighting can significantly reduce your electricity bill. Consider replacing your old incandescent bulbs with LED bulbs, which use up to 75% less energy and last up to 25 times longer.
Install Programmable Thermostats
Installing programmable thermostats can help you regulate the temperature of your business more efficiently. By setting the temperature to lower or higher levels when your business is closed, you can save up to 10% on your energy bills.
Seal Air Leaks
Air leaks in your business can cause drafts and reduce the efficiency of your heating and cooling systems. By sealing leaks around doors, windows, and vents, you can reduce your energy consumption and save money.
Use Energy-Efficient Appliances
If your business uses appliances that are more than 10 years old, consider replacing them with new, energy-efficient models. Energy Star-rated appliances can save you up to 50% on your energy bills.
Consider Renewable Energy Sources
Installing solar panels or wind turbines can significantly reduce your dependence on traditional electricity sources and lower your energy bills. Consider consulting with a renewable energy provider to see if these options are right for your business.
Work with an Energy Broker
Working with an energy broker like Bid On Energy can help you find the best energy rates for your business. Bid On Energy has years of experience in the energy industry and can help you negotiate with energy providers to get the best rates possible. Contact Bid On Energy at (302) 360-8110 to see how they can help you save on your AEP utility electricity bill.
Today reducing your AEP utility electricity bill requires a combination of energy-efficient practices and smart energy management strategies. By following the steps outlined in this guide and working with a trusted energy broker like Bid On Energy (302) 360-8110, you can significantly reduce your electricity bills and save your business money.