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.
Consider the load factor examination. The factor is calculated by considering the billing period and the ratio between average demand and the metered demand. It is represented between a ratio of 0 to 0.1 or from zero percent to a hundred. High load factors which are more than 0.75 or seventy-five percent means that there is a high load.
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.
Use a weather normalization process. The weather can affect your bills altogether. One should adopt a normalization procedure based on weather trends. A comparison of the basic consumption and the average consumption during a particular moment is made with the actual rating. This will provide an insight into the trends of a given period that you can relate to.
Make a water bill adjustment. Water bills are also part of your utility energy examination. You should take note of the basic charges, consumption charges, meter charges, and the sewer. The meter charges might change according to the size of the meter. The bigger it is, the higher the meter charges. Other charges that might be incurred include water that is leaving the facility to the sewer other than the sanitary sewer. They might add up to the total sewer charges.
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.
Consider the load factor examination. The factor is calculated by considering the billing period and the ratio between average demand and the metered demand. It is represented between a ratio of 0 to 0.1 or from zero percent to a hundred. High load factors which are more than 0.75 or seventy-five percent means that there is a high load.
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.
Use a weather normalization process. The weather can affect your bills altogether. One should adopt a normalization procedure based on weather trends. A comparison of the basic consumption and the average consumption during a particular moment is made with the actual rating. This will provide an insight into the trends of a given period that you can relate to.
Make a water bill adjustment. Water bills are also part of your utility energy examination. You should take note of the basic charges, consumption charges, meter charges, and the sewer. The meter charges might change according to the size of the meter. The bigger it is, the higher the meter charges. Other charges that might be incurred include water that is leaving the facility to the sewer other than the sanitary sewer. They might add up to the total sewer charges.
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.
About the Author:
For utility rate analysis NY clients can rely on our services. Find out more through this web page here at http://www.standardratereview.com/Utility-Rates.html.
No comments:
Post a Comment