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All About Energy

7 Questions and Answers About Demand Response in Texas

Incite Energy Mar 16, 2017 7:51:00 AM
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Summer is on it's way, and with it increased demand for electricity across Texas as we start to run our air-conditioning units. This spike in demand puts a huge strain on the grid and can lead to blackouts. That's why ERCOT, the group responsible for regulating Texas's energy grid, started programs like demand response, in order to lower over all usage when demand is high.

While businesses that qualify for demand response have opportunities to enroll throughout the year, for those who want to participate this summer, there are only a few weeks left to enroll. So if you're considering DR, but still aren't sure, we've compiled a list of the most common DR questions.

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Lowering Your Energy Costs with 4CP

Incite Energy Feb 23, 2017 7:35:00 AM
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With summer right around the corner, it's time to start planning your energy strategy. During summer, there four coincidental peaks (4CP) that determine how much you pay in transmission costs on your energy bills in the following year. 

 

During the late afternoon, temperatures are at their highest (if it's not raining). Businesses and offices are still open and a lot people are just getting home, so the number of places using air conditioning goes up. This is when supply and demand really kicks in. As demand goes up and supply goes down, the delivery prices of electricity can skyrocket.

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What No One Tells You About Your Energy Contract

Incite Energy Feb 2, 2017 5:02:00 PM
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As a consultant, we meet with customers daily, and no matter their number of years in business or what industry they are in, we generally get asked the same questions.

 If you're still considering whether or not to hire a consultant, I want to share with you the top five questions I get asked along with my abbreviated response.

 

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Incite Energy Unveils Plans for 2017

Incite Energy Jan 10, 2017 11:16:00 AM
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Incite Energy's plans for 2017 range from delivering new products and improving internal operations to enhancing the customer experience like no other energy company has.

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10 Things Your CEO Needs to Know About Energy

Incite Energy Dec 22, 2016 8:03:00 AM
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When you're looking at your annual budget and trying to find ways to save, energy use isn't typically the first thing to spring to mind. Controlling your energy spend is a great way to lower operating costs, ultimately increasing your profit margins. But before diving head first into solutions, here are 10 things you should know about buying energy (or: what goes into your energy cost).

 

  1. Spring and autumn are usually the best times to get the lowest energy rates. Start shopping early so you can compare prices as we move through the seasons.

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The Ultimate Guide to Switching Energy Providers

Incite Energy Oct 18, 2016 7:52:00 AM
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If your business falls within a deregulated state, you have the power to choose your electric and natural gas providers. To some extent, this allows you to pick your rates.

 

Fearing change, however, many of us stick with our current suppliers, and weather increasing prices or variable rates. In other words, we miss out on the savings we'd get by switching to a different provider.

 

Utilities would like us to switch to retail electric providers (REPs) - companies that buy power from them, and then sell it to the end consumer - so they can focus on things like maintaining the grid and delivering electricity. While it seems like this model would drive up the cost of power, it doesn't.

 

That's because you can choose from several REPs. Consumer choice encourages competition and efficiency, leading to lower prices. REPs also handle bill pay and any service issues (save the power going out) related to your energy bills, freeing up your local utility's resources.

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4 Ways Your Small Business Can Save Big on Energy

Incite Energy Oct 13, 2016 7:30:00 AM
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Your company is always looking for new ways to stretch dollars, especially if it's a small business on a shoestring budget. If you're an entrepreneur, you try to make make the most of limited resources by working and spending smarter.

 

Getting smart about energy - one of the top expenses every company faces - can save you a bundle. Wondering how to get started? Check out these tips for increasing your buying power and shrinking your energy spend.

 

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Fixed Rate or Index Rate: Which is Best for Your Energy Plan?

Incite Energy Oct 6, 2016 8:00:00 AM
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Should you pay a fixed rate for electricity, or take your chances with market prices? If you're choosing a new plan for your company or home, you'll need to weigh these options.

While index plans can give you the lowest rates, there's also the risk that price spikes will catch you off guard.

Fixed pricing locks you into a specified rate for the duration of your agreement. It may not offer the lowest possible rate, but it will give your business certainty. 

Before you can make an informed decision, there's more you need to know.

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Incite Energy Helps Mazzarino Construction & Development Keep Costs Down in Houston's Housing Market

Incite Energy Sep 14, 2016 8:03:00 AM
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In a business where timing is everything, many builders are holding back to avoid risk. Sales for residential homes are down by 8.6% from July 2015 according to the July 2016 report by Houston Association of Realtors (HAR). Despite this figure, Houston has one of the most robust economies in the nation and brave builders continue to push forward.

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The Cost of Power & Texas Electricity Rates [Infographic]

Incite Energy Mar 7, 2016 12:03:00 PM
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In 2002, Texas broke with tradition by deregulating electricity. Since then numerous retail electric providers (REPs) have opened up shop to buy and sell electricity to the end consumer. Competition has since improved customer service and kept the price of energy low in Texas. 

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