It doesn’t matter where you live, winter time can bring some major adjustments to your energy bill. Whether it’s cold temperatures, an increased amount of lighting, or just more people frequenting your business, your bill might look a little different.
Let’s say you buy a light bulb with ‘100 watts’ printed on it. And when you pay your utility bill, you can see that your energy usage is measured in kilowatt hours. The watt is obviously some unit of measurement, but what is the watt, really?
As alternative energy sources become more ubiquitous, opportunities to use renewable energy sources are becoming increasingly available. Solar energy, bio-fuels, and wind farms are increasing in popularity and affordability, making the prospect of investing in renewable energy more and more enticing.
Energy deregulation is the reason that you can shop for an energy provider in the first place. It gives you the power to switch your electricity or natural gas supplier in states where energy deregulation has occurred.
Think of peak load as the highest period of demand on the grid over a certain time frame. To reliably deliver power to all customers during peak load periods, power plants are guaranteed revenue through long-term capacity delivery auctions and in return those plants guarantee to operate on those days.