Utility Rate Changes
While you have been trying to financially navigate the COVID-19 shutdown since mid-March of this year, Southern California Edison has issued two utility rate increases. The first rate increase of 4% to 8% took effect on April 13, 2020. The second rate increase of 4% to 5% took effect on June 1, 2020.
Depending on your specific utility tariff that will be an increase of 9% to 11% when you return business over the next several weeks.
Isn’t it time you START MANAGING your ENERGY COSTS?
We at Agave are changing the way clients manage their energy costs. Our Virtual Energy Manager application helps clients quickly focus on the biggest energy savings opportunities. Clients will understand when they use energy, how they are being charged when rate tariffs change, and when high-cost energy events occur. Our application provides clients with savings strategies such as bill auditing, alternative tariffs, process improvements, energy efficiency, and onsite generation to identify the biggest savings with the least investment. These strategies are aimed at reducing costs without impacting business operations. Our application provides key performance indicators that allow clients to track savings improvements. Clients can manage by exception, investing little time, by allowing our analytics capabilities to track events and provide just in time notifications that allow you to save money.
Mark Gilbreth, CTO
Agave® Systems, Inc.