Utility rate analysis involves analyzing your bills to uncover errors and different rate options that can reduce your total costs without changing your lifestyle. Computer errors and other related factors usually cause cases of overcharges. It is recommendable for a building owner to conduct a utility analysis NY to reduce the total costs incurred. Below are considerations to make in utility rate analysis NY to acknowledge.
Consider doing a building benchmarking summation. It is recommendable to compare different buildings to acknowledge different energy plans. This can be done by calculating the cost incurred per square feet or the thermal rate per square feet. You can use this process to single out a particular room in a house to determine its total costs.
Conduct a load factor examination. The factor analysis is a ratio of the average demand and the cost of your metered demand over a particular period. It ranges between zero to a hundred percent or between zero and one. A ratio that is above seventy-five percent or 0.75 explains a high load factor.
Evaluate the results acquired from the load factor examination. Buildings with a high low load factor usually have household devices that are not switched off during the peak season. A low load factor is achieved if household items are switched off during the peak hours. This is common with elementary schools which do not run during the peak hours. Look for a building with the highest efficiency to resolve your metering and scheduling problems.
Conduct a weather normalization. The weather can also make a significant impact on your bills. Weather normalization works by comparing the total usage of a year based on the amount that could have been used and the amount that you used in a particular year. The amount that could have been used is usually the costs that were incurred before you started the energy efficiency program.
Beware of your water bills. Water bills can also be a real headache if they are not considered well. Most costs are incurred by the size of your metering device, consumption rate, and sewer charges. Sewer costs are incurred through water wastage through washing vehicles and watering plants. You should reduce the rate of water consumption can be reduced if you use a smaller meter.
Choose the right analysis company. There are a couple of companies that are specialized in analyzing utility bills that you can choose from. Look for a company that has been in this industry for quite a long duration and has established a remarkable reputation. Besides that, check whether it has enough resources required to handle the task and complete it on time.
Beware of the decision you make. There are diverse things to consider to make this consideration successful. Start with changing your traditional meters to modern ones which are efficient and easy to track your costs. You should also take note of your monthly meter reading for comparison and use power strips to save phantom bills.
Consider doing a building benchmarking summation. It is recommendable to compare different buildings to acknowledge different energy plans. This can be done by calculating the cost incurred per square feet or the thermal rate per square feet. You can use this process to single out a particular room in a house to determine its total costs.
Conduct a load factor examination. The factor analysis is a ratio of the average demand and the cost of your metered demand over a particular period. It ranges between zero to a hundred percent or between zero and one. A ratio that is above seventy-five percent or 0.75 explains a high load factor.
Evaluate the results acquired from the load factor examination. Buildings with a high low load factor usually have household devices that are not switched off during the peak season. A low load factor is achieved if household items are switched off during the peak hours. This is common with elementary schools which do not run during the peak hours. Look for a building with the highest efficiency to resolve your metering and scheduling problems.
Conduct a weather normalization. The weather can also make a significant impact on your bills. Weather normalization works by comparing the total usage of a year based on the amount that could have been used and the amount that you used in a particular year. The amount that could have been used is usually the costs that were incurred before you started the energy efficiency program.
Beware of your water bills. Water bills can also be a real headache if they are not considered well. Most costs are incurred by the size of your metering device, consumption rate, and sewer charges. Sewer costs are incurred through water wastage through washing vehicles and watering plants. You should reduce the rate of water consumption can be reduced if you use a smaller meter.
Choose the right analysis company. There are a couple of companies that are specialized in analyzing utility bills that you can choose from. Look for a company that has been in this industry for quite a long duration and has established a remarkable reputation. Besides that, check whether it has enough resources required to handle the task and complete it on time.
Beware of the decision you make. There are diverse things to consider to make this consideration successful. Start with changing your traditional meters to modern ones which are efficient and easy to track your costs. You should also take note of your monthly meter reading for comparison and use power strips to save phantom bills.
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