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All About Energy

3 Pitfalls to Avoid When Installing a New Meter

Eli Sachs Apr 27, 2017 10:55:45 AM
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When you build a new facility, your local utility will install an electricity meter and deliver the power, but your energy provider supply the electricity. With so many parties involved, it's easy to loose track of the meter, and it could cost you. Energy meter installation often causes construction and/or move-ins delays. Then, once a meter is up and running, your energy provider could put you on a high or variable electricity rate. Here are some pitfalls to avoid when adding a new meter.

 

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3 Steps to Claiming Your Energy Sales Tax Refund in 2017

Eli Sachs Apr 14, 2017 12:25:31 PM
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It’s that time of year again, the end tax season. With income tax being on everyone's mind, having to pay out seems like a cumbersome burden, but tax may not be as bad as you think. Not with income tax, but with the sales tax on your energy bill.

Many businesses are paying between 5% to 8% for sales tax on the their electricity bill. You may not know it, but depending on the type of organization you run, you may be exempt for all or part of the sales tax and you may also be able to reclaim some of the tax that you've previously paid.

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3 Ways to Lower Your Energy Costs Almost Immediately

Eli Sachs Mar 30, 2017 11:44:07 AM
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From turning off lights more frequently in your business to making sure all unused devices are unplugged, it seems like every cost saving tip and trick take a lot of effort and a long time before you see any results on your bill. When time is of the essence, savings can't come quickly enough. Here are three ways to not only lower your energy costs, but how to save starting now.

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Why You Should Care About the Energy Policy Modernization Act (EPMA)

Eli Sachs Dec 15, 2016 8:23:00 AM
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 The U.S.'s energy laws need a major update. The EPMA is a landmark event because it represents the first energy legislation in recent history that the Senate has passed with bipartisan support. The EPMA could create a significant amount of economic growth and help breathe life into many projects here in the U.S.

 

The North American Energy Security and Infrastructure Act (EPMA) will drag the U.S.'s energy policies into the modern era, grow the economy through exports, and lower our carbon footprint by supporting renewable energy.

 

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How to Get a Sales Tax Refund On Your Energy Bills

Eli Sachs Oct 17, 2016 7:29:00 AM
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Does saving 5% on your energy bill interest you? What about 8%? No one wants to leave money on the table, but many businesses are doing just that by not understanding their exemption status of Sales tax on energy costs.

 

If your business is tax exempt, you can reclaim tax that you've previously paid and not pay tax in the future on your energy bills. Although each state is a little different, there are three main steps to getting your rebate.

 

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How to Make the Most of Your Assisted Living Facilities Budget

Eli Sachs Jun 16, 2016 9:45:00 AM
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Over the past hundred years, modern medicine has accomplished significant breakthroughs, giving people the chance to nearly double their life expectancy. With these advancements, senior living facilities are growing rapidly in popularity, but at what cost?

 

After retiring, we want to maintain our independence, and have easy access to services. In the past, however, senior and assisted living centers focused solely on being a place for those who are advanced in age to reside, so accommodations were a bit Spartan. 

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Why is PECO Moving Mid-Sized Customers to Hourly Pricing?

Eli Sachs May 3, 2016 7:01:00 AM
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PECO recently issued formal notices to medium sized commercial customers on default service announcing that it will switch mid-sized commercial customers in the 100-500 kW demand range on to a variable rate starting with their June 2016 bill.  Customers in the Class 3 rate class that have not switched to competitive supply may notice some drastic changes to their bill, especially as the summer months near and market rates begin to spike.

 

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Gas Prices Down, But Energy Rates Still Going Up

Eli Sachs Jan 26, 2016 12:11:00 PM
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If natural gas prices are so low, then why are energy rates increasing? I get asked all of the time, and it is a great question that I will address here. I like to look at all-in energy rates as a cake. While flour is the main ingredient, there are close to a half a dozen other components that make up the final product. Electricity and natural gas consumption aren’t too different.

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Less Than Half Of Businesses and Homes use PA Power to Switch

Eli Sachs Nov 17, 2015 11:59:00 AM
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Energy deregulation isn’t new in Pennsylvania.  The energy marketplace started deregulating in 1996. In 2010-2011, Pennsylvania became a fully competitive marketplace when rate caps expired, and consumers have had the power to switch energy providers since then.

 

Even so, Pennsylvania home and business owners are missing out on their share of an estimated $2.5 billion in energy bills savings every year. Though they’ve had the power to switch for the past 5 years, over 3.5 million consumers are overpaying on their energy bills.

 

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