Bundling Up: How Small Businesses Can Save on Energy Costs
Small BusinessJan 8, 2025
Let’s talk about something that’s on the minds of many small business owners: energy costs. With the price of everything from raw materials to labor on the rise, finding ways to cut costs and stabilize your budget is more important than ever. One strategy that’s gaining traction is bundling natural gas and electricity through a retail energy supplier like AEP Energy.
Now, you might be wondering, what exactly does bundling mean in this context? Simply put, it’s like getting a combo deal at your favorite fast-food joint. Instead of purchasing your natural gas and electricity separately, you get them both from the same supplier, often at a fixed rate. This can lead to significant savings and make your energy bills predictable.
Let’s break down the benefits:
Cost Savings: By bundling your energy services, you can often secure a lower rate than if you were buying them separately. Retail energy suppliers can offer these discounts because they save on administrative costs and pass those savings on to you. For example, a small bakery in Ohio reported saving up to 15% on their energy bills after switching to a bundled plan.
Budget Stability: One of the biggest challenges for small businesses is managing cash flow. Energy prices can be volatile, but a bundled plan from AEP Energy comes with fixed rates, which means you know exactly what you’ll be paying each month. This predictability can help you plan your budget more effectively and avoid nasty surprises.
Simplified Billing: Managing multiple bills can be a hassle. Bundling your energy services means you get a single, consolidated bill each month. This not only saves time, but also reduces the risk of missing a payment and incurring late fees.
Customized Plans: Many retail energy suppliers offer customized plans tailored to the specific needs of your business. Whether you run a restaurant that needs a lot of power during peak hours or a retail store with more consistent energy usage, there’s a plan that fits your needs.
Sustainability Options: If your business is committed to sustainability, AEP Energy offers green energy options like wind and solar. By bundling, you may get access to Renewable Energy Credits or RECs to help you reduce your carbon footprint.
So, how do you get started? If you are a business in Ohio, call your Energy Consultant at AEP Energy. We will be happy to walk you through the process and help you find the best plan for your business.
In the end, bundling your natural gas and electricity with AEP Energy can be a smart move for small businesses looking to reduce costs and stabilize their budget. It’s all about finding the right fit and taking advantage of the benefits that come with it. Click here to learn more.
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Brandi Nye, Managing Director of Business Solutions
Brandi is an expert in her field with professional experience in the sustainability industry. Not only does Brandi have solid base knowledge, but she continues to grow her acumen through various learning and development experiences. Brandi is a creative and thoughtful utility professional with expertise in regulatory and utility operations.