We make managing your energy costs easy.

Managing energy costs is a critical aspect of running any successful organization. We believe that effective cost management and tracking is key to achieving your financial goals and improving your profitability. Our expertise and tools will help you save time, money, and optimize your business development. Explore our page to learn more about what we can offer to help you succeed.

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Why an effective cost management strategy?

Stay on Top of Your Spend

Having a full-developed cost management strategy can help organization’s forecast the monthly and annual energy consumption, allowing you to budget your energy spend, track unexpected variances, and identify the cause. An effective cost management strategy not only reduces the administrative burden on back-office resources, but it also ensures payments are made on time and no overage charges are assessed.

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Gain More Control Over Your Energy Costs

The ultimate goal of cost management is to improve your organization’s profitability and reduce its waste. We offer practical strategies and solutions to reduce your expenses without limiting your team’s productivity and efforts. Whether you need assistance as a small business or large corporation, AEP Energy Services has something for you.

  • Consolidated Account Management

    Helps organizations gain visibility of their entire portfolio through turnkey reports to track energy spend, cost fluctuations, and increase benchmarking capabilities for variance tracking.

  • Rate Analytics & Corrective Action Services

    Analyze rates across deregulated and regulated energy markets to find optimal rates for cost reductions and tariff opt-out opportunities

  • Bill Payment Services

    Consolidates bills and ensures that bills get paid on time through a third-party provider. It reduces administrative complexity and simplifies back office support through consolidation and outsourcing to financial experts.

  • Budget Planning & Spend Forecasting

    Focuses on a historical analysis of energy spend, rates and forecasted energy market rates that can aid in the budget planning process with a degree of certainty on energy spend.

  • Optimized Cost Savings Opportunities

    Will be the ongoing, continuous analysis of usage and rates to identify cost reduction opportunities, minimize bill payment transactions, and simplify utility costs.

A Comprehensive Approach

Our comprehensive cost management approach ensures effective utility account management, bill payment, cost transparency and optimization for your organization.

Historical & Forecasting Analysis

Conduct a comprehensive review and evaluation of your historical energy information.

Strategy Development

Establish your organization’s energy management objectives and long-term strategy.

Systematic Process Implementation

Implement execution plan aligned with priorities.

Reporting &Transparency

Develop routine reporting that demonstrates goal progress, insights and accurate budgeting for forecasting and energy spend.

From the blog

Knowledge is Power.

AEP Energy’s Customer Insights blog provides helpful information to help organizations like yours make informed decisions regarding their energy management strategy. Read more as we explore a new energy-related topic each month.

Risks and Costs to Consider with Unplanned Power Outages

Energy Management

Power outages may not have been something that you or your organization have thought too much about. However, recent headlines about record heat driving record power consumption in parts of the U.S. may make you start to think about outages a little bit more. Even this May during a U.S. Senate hearing, Federal Energy Regulatory …

Meeting Your Sustainability Goals with Waste Energy Recovery Technologies

Renewable Energy

There is a significant amount of waste energy from industrial processes that rely heavily on fossil-based generation fuels. Typically, some of the energy used in these processes is not put into practical use and is lost or wasted. Recovering the waste energy can be conducted through several technologies and can provide valuable energy sources that …