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Property Management

Commercial Energy for Property Management and Apartment Buildings

Written by Saltanat Berdikeeva

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Edited by Jamie Cesanek

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Last Updated:

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Property manager searching for commercial energy rates on a laptopKilito Chan/Moment/Getty images

Commercial energy rates for apartment complexes

Property management and apartment complexes can benefit from shopping around for commercial energy rates and plans in many deregulated energy markets. Businesses often pay lower electricity prices than residential customers because they use more energy. Commercial energy rates are determined by your monthly consumption, peak usage times, and other factors. Property management companies can save on commercial electricity rates through bulk purchasing.

Choose Energy can help you find a business plan for your apartment complex or property management company. Call the number on your screen or fill out this form to explore commercial electricity plans in your state today.

Affordable electricity rates for property management and apartments

Finding affordable commercial energy rates ensures lower costs, long-term stability, and better tenant satisfaction. Here are the benefits of locking in a competitive business energy plan for your property management company:

  • Reduce your company’s energy costs. Lower energy costs allow property managers to allocate their resources for property upkeep.
  • Long-term financial stability. Securing affordable energy rates can help you maintain a steady budget.
  • Better plan options. Property managers can find the best energy plan for their business needs from top-rated electricity companies, such as TXU Energy and Ambit Energy.
  • Tenant satisfaction. Lower energy rates can lead to cheaper utility costs for tenants, improving their satisfaction and retention rates.

Sign up for cheap business electricity rates

Choose Energy can help property management companies lock in a better business energy deal. We connect customers across the U.S. with competitive business solutions. Here’s how to secure the best commercial energy rate:

  1. Prepare your documents. Have your utility bill, employee identification number, business address, and renewal rate handy to answer any questions.
  2. Compare plans or call our team. To shop for the best commercial energy plans, call the number on your screen to chat with an expert from our team or complete this form.
  3. Sign up for a plan. Once you’ve found the best plan for your company, sign up and enjoy your new deal.

How property managers can reduce electricity costs

Improve energy efficiency for your apartment complex or property with a few of these expert tips.

Conduct a property energy assessment

An energy audit evaluates a property’s energy usage. It identifies issues like poor insulation, inefficient lighting, and outdated HVAC systems and appliances. Property managers can reduce utility bills and boost property value by addressing audit findings.

Promote energy conservation

Property managers should educate tenants on energy efficiency and sustainable practices in various ways, including:

  • Providing energy-saving tips in welcome packets.
  • Hanging flyers in shared spaces with reminders to switch off lights and unplug unused devices.
  • Offering rewards to tenants for participating in energy-saving initiatives.

Participate in demand response programs

Apartment complexes can join demand response programs available through the local utility to cut energy use during peak hours. These programs can help lower your property’s energy costs and stabilize the power grid.

Implement energy-efficient practices to reduce costs

Adopting energy-efficient practices can help property management companies lower their total energy costs. These strategies include using the following products throughout the building:

  • LED bulbs
  • Programmable thermostats
  • Improved insulation
  • ENERGY STAR-certified appliances (refrigerators, HVAC systems, washing machines, and dishwashers)

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