Schools and churches have unique energy needs that vary significantly from residential electricity habits. For example, both organizations use energy around unusual hours on certain days of the week. Schools will use most of their energy during weekdays when students and teachers are in the building. Churches typically need reliable power during their services and in the evenings and weekends to support community projects or events.
Several other factors, such as the number of students or congregants, room sizes, and the type of building, all contribute to your organization’s typical energy consumption. That’s why it’s important to purchase a business energy plan customized to your establishment’s unique needs.
Types of plans for schools and churches
There are two main types of energy plans available for schools and churches:
- A fixed-rate plan has a set electricity rate for a determined amount of time, typically one to three years. This plan option provides stability and predictable energy bills for business owners.
- A variable-rate plan is the opposite of a fixed plan because the electricity rate adjusts with the wholesale cost of energy. Each month, your rate could change depending on macro conditions. This plan offers more flexibility because you are not locked into a contract, but it does tend to have higher energy rates.