Thursday, February 23, 2012

Many California Businesses are Overpaying Their Gas Bill by 15% or More

Natural gas deregulation still remains a well-kept and costly secret for business operators
In one of the toughest economic climates in recent history one place most business owners fail to look at to increase their bottom line is the gas bill sent by the local utility. On average most businesses are losing hundreds and even thousands dollars by over paying for natural gas. California has deregulated natural gas which allows businesses and even private homes to buy their natural gas from suppliers other than the local utility, the cost savings are often dramatic. The utility still services emergencies and uses its pipeline to deliver the gas, but energy deregulation, very similar to the long distance phone deregulation of the '80s, makes it easy for gas customers to shop and save. The utility companies are unconcerned from where you buy your gas, because their regulated profit comes from the delivery of the gas and not the sale. San Francisco based energy consultant Golden Gate Power Company compares gas rates from several suppliers based on customers' needs and provides the least expensive option and projected savings. The transfer of the gas service is seamless and without cost. All that is necessary to see how much money a business can add back to the bottom line is a quick review of the PG&E bills. "Most business owners are amazed to find out how much money they have been wasting on their gas bill for years. It's a great feeling to help businesses keep more of their hard earned money. For many businesses, a 10 to 18% savings is common and that can mean a lot of money," says Golden Gate Power Company president Alden Wong. Golden Gate Power Company is located in San Francisco and currently serves customers in Northern California, with over one hundred field representatives. They are aggressively hiring more representatives to meet the growing demand in natural gas and energy savings.


Melvin Wylie

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