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How To Lower Your AEP Bill In Ohio

October 31, 2020

Use Less Energy


The first suggestion is pretty self-explanatory and that is to use less energy. Both HVAC and lighting can make up most of your electricity bills, so being conscious about these line items can empower you to save. Whether you're accidentally leaving the bathroom light on, or you leave your thermostat at the same temperature for a week straight, there are always opportunities to save. We know if you took an introspective approach in managing your lighting and HVAC needs, there are several moments where you can cut back and save. Whether you are a residential, or commercial AEP customer, you will have a different approach and realize that some areas are non-negotiable that you simply cannot just turn off. A great example of this is your refrigerator. This appliance normally needs to be on 24/7 and is non-negotiable. At the same time, you'll also identify areas that are negotiable and in several cases electricity isn't warranted at this time in this, or that space specifically. This can be your lamps, your laundry machine, and your HVAC units. However, the idea is simple, when you use less, you spend less. 


For homeowners, you typically have more control over your power consumption and the possibility of using less is easier since you're dealing with less space. For example, if your family spends 50% of your time in the kitchen and living room area, you can take inventory of when lights are needed and when they aren't. Hence, when you are in these spaces, make the extra effort to go into each room of your home to ensure everything is turned off and/or unplugged (ie: chargers to your phone, electric razor, tablet, etc.) If you're a hotel owner, or a manufacturing facility, the same could be mentioned about specific areas of your business that do not require light (ie: the break room, laundry room, unoccupied office space, stairwells, etc). The principle still remains the same and will require you to take inventory of all areas that do not need lighting, HVAC, or other sources of energy. 


HVAC is a little bit different where depending on the space you're trying to heat up and/or cool down, HVAC requires a good chunk of energy just to get things started. Due to the size of the equipment, sometimes more energy is required to, “turn things on,” hence, this has the potential to increase specific line items on your AEP electric bill such as the demand charge (kW value). Without diving into too many instructions on how to lower your kW value, we always advise AEP customers to never turn on all major appliances at the same time. We encourage folks to spread out the usage of their large machines and/or major appliances throughout the day. For a small AEP residential customer, this might mean you do not turn your washer/dryer at the same time you turn on your HVAC unit, or dishwasher. What happens is AEP will take into account your peak capacity usage during all of your individual meter-reads (read in timed intervals of approximately every 20 - 30 minutes) and as an AEP consumer, you will be billed for the highest peak capacity read (in kW value) in a given billing period (typically 30 days) even if you don't use the same peak for the remainder of the period. 


How Weather Can Affect Your Electricity Usage? 


Regardless if you're a residential, or commercial AEP customer, our best advice in managing your HVAC needs requires you to take the weather forecast into consideration and make adjustments to your thermostat that make sense. In some cases, your HVAC units may not be required during the day if your home, or business has plenty of windows where a lot of natural heat can be generated to save you on energy consumption (kWh). It could be 34º F out, but if the forecast were to read sunny, you can almost adjust the temperature on your thermostat and change it from 70º F down to 65º F during the day time. As the sun is about to set in the evening, you can slowly adjust it back. During Summer months, when the goal is to cool parts of your home, or business down, the same results in using mother nature to stabilize your temperature can be achieved by leaving windows open and allowing for fresh air to pass through. For more tips on how to use less energy for your home, or business, please feel free to contact us at info@goananta.com.  



How to lower your AEP Energy Bill with an Energy Consultant in Ohio? 


When it comes to lowering your AEP bill with the help of an energy consultant, energy aggregator, or energy broker, our group at Ananta can help. For residential AEP customers, please click on one of the following links to 3 of our energy suppliers that have solutions available for the average homeowner: 


DIRECT ENERGY:

https://www.directenergy.com/

 - Click on Residential at top.

 

AEP:

https://enroll.aepenergy.com/acquisition/zipcode

 

CONSTELLATION:

https://www.constellation.com/.   


In fact, we encourage you to try all three energy suppliers and find out which company is offering you the cheapest electricity rate. For more options and an excellent resource for a price-to-compare tool, please visit the following link provided by Public Utilities Commission of Ohio (PUCO), provides apples-to-apples comparisons http://www.energychoice.ohio.gov/ApplesToApplesCategory.aspx?Category=Electric#



As an energy broker, aggregator, and consultant, Ananta is solely dedicated to commercial AEP customers and can help those commercial end-users with a transparent approach on navigating through the wholesale electricity market.


As an energy broker, aggregator, and consultant, Ananta is solely dedicated to commercial AEP customers and can help those commercial end-users with a transparent approach on navigating through the wholesale electricity market. 


As an energy broker, we can help you assess how to lower your AEP electric bill in the following steps: 

  1. First, Ananta will identify your current rate and identify the, cost-to-compare. 


  2. Next, Ananta quantifies your energy inventory in annual kilowatt hours (kWhs) used.

  3. Then, we shop around for your energy requirements between 9 energy suppliers with our margin included and disclosed.

  4. Ananta then compares all the competitive offers and allows for the top retail energy suppliers to bid an extra round of negotiation in an effort to ask suppliers, “how low can you go?

  5. Finally, Ananta presents to you all of your options going over the pros and cons of each. 


Typically it can take up to 2 billing cycles for your lower AEP bill to go into effect. Normally, we can find AEP commercial customers a 15% - 20% discount from AEP's default rate. For more details, specifics, and/or examples, feel free to contact us directly. 


For larger accounts, we typically ask for more than one invoice, so we can put together a detailed weighted-average-rate analysis, so we can be more accurate with our apples-to-apples comparisons. 


For organizations that have more than one account and are interested in our aggregation strategy (aka. Pooling Power Strategy), please contact us to find out the best strategies we  have in place for you and your entire portfolio.