Optimizing Energy Costs: Why Accurate Service Class Designation Matters for Your Utility Bills

Optimizing Energy Costs: Why Accurate Service Class Designation Matters for Your Utility Bills

A service class is a designation given to every utility account that plays a crucial role in both their delivery and supply costs. The financial impact of being classed incorrectly can be significant and, in a time of ever-rising prices, verifying this designation is more important than ever. 

Each meter’s service class is listed on the utility bill and is determined by various factors. These begin as simple as residential versus commercial before branching into usage patterns and minimum demand. These classifications are designed to be the most cost-effective for those who meet the criteria, making incorrect classifications costly.

This issue has become more prevalent as businesses change hands and buildings shift in use. For example, an industrial facility repurposed as a mixed-use space will not have the same energy consumption patterns. Similarly, industrial accounts that scale up or down in operations may need to adjust their service classification.

The verification of each meter’s service class is a vitally important aspect of the full account review performed for customers at Power Management. The issue can not only be identified, but the estimated refund owed is calculated and presented to the utility along with the classification change request. The goal is not only to lower the cost moving forward but mitigate overpayment for previous periods. 

Contact Power Management today to ensure that your service class is accurate and you’re not overpaying on your energy bills!

CONTACT US TO LEARN HOW YOUR COMPANY CAN BENEFIT FROM THE USE OF AN ENERGY CONSULTANT

    Input this code: To use CAPTCHA, you need Really Simple CAPTCHA plugin installed.

    Stay Informed.

    Subscribe to Newsletter

    Copyright © 2024 Energox All rights reserved.

    Power Management
    Privacy Overview

    This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.