Understanding when and how your business consumes electricity can help you better manage your demand and save money.
WHAT IS DEMAND BILLING?
Demand billing is a standard practice used throughout North America to fairly recover costs from some business customers who use more than a specified amount of electricity during peak periods. Demand bills have two components: the total amount of electricity used (the energy charge), and the highest amount used within a 15-minute interval at any time during the customer’s billing period (the demand charge).
WHAT IS LOAD FACTOR?
Now that you understand Demand Billing, what can you do to save your business money? For commercial customers, understanding energy use patterns can lead to significant savings.
Download our guide to Demand Billing (PDF)