People tend to notice their electric bill can fluctuate throughout the year. When the bill starts to get too high, they may look to change their power consumption habits or invest in more energy-efficient appliances. But what actually drives the cost of energy throughout the year, and how do the prices really get set?
Of course, different power plants run on different fuels from petroleum, oil, natural gas and liquefied natural gas, though of course some still run on coal and others include hydroelectricity and nuclear power. How the fuels are purchased, the way they’re transported and ultimately the way they’re distributed all affect the cost. Plus market speculators all have their own forecasts on where there prices are headed. One such forecast has been showing crude oil currently trending at about $40 a barrel, and the current outlook is that it’s likely to trend downward as the summer months come to a close. Natural gas is also been selling quite cheap lately, and its prices aren’t likely to go up anymore this year.
Geographic Location Costs
Part of the power grid infrastructure and power supply costs are affected by geographic location. That’s because of several factors that include not only the topography of the land and how its roads and infrastructure are designed but also local governments and regulations they may have on power consumption. As an example of how different prices can be across the US, the cost per kilowatt-hour in Louisiana was only 7.65 cents, while the rate skyrocketed to 28.33 cents per kilowatt-hour in Hawaii. Hawaii does have by far the highest power costs of any state, but you certainly will see a marked difference in power supply costs in Maine, and those in California.
Your power bill will usually rise in the spring and summer months and lower in the fall and winter. That’s because it usually takes more power to run appliances like refrigerators, and consumers tend to run their air conditioners more during those months. But when cold winter temperatures become extreme, that too could raise the rate.
Residential consumers and different types of business consumers all pay different rates on power. Certain industrial consumers will have a more steady rate of consumption, while residential consumers may be more unpredictable in their usage, and it costs more to get it to them. Plus, residential consumers may have limited options in terms of who they can purchase power from.So, in conclusion, energy companies have to take all of those factors into account when laying out a pricing strategy for their power supply. But they can also benefit from energy pricing software which uses real data and advanced algorithms to calculate prices for different consumers. This kind of software can help them reach a good pricing point that will reflect current market conditions and make sure their bottom lines aren’t being hurt; yet at the same time ensure they aren’t unfairly price gouging consumers when it’s unnecessary.
5 Business Essentials for Surviving COVID-19
Chances are that your company didn’t weather the coronavirus storm without suffering considerable losses. If only you had a contingency plan for unprecedented global pandemics…
Of course, nobody did. So, lest we dwell on how we could have prepared for the crisis. What matters now is your response to the challenges that lie ahead. Getting back into business and re-opening smoothly requires tackling unfamiliar problems. It’s crucial that you take the necessary precautions. Read on to learn more.
Facilitate Remote Work
Are any team members capable of performing their duties from home? The option may not be available to everyone. But for employees who can work remotely, minimizing their on-site presence is a smart move. You’ll need to draw up a policy with procedures and guidelines for working from home. Keep the following best practices in mind:
- Set clear rules and expectations
- Provide the correct hardware and software
- Use encryption and VPN tools to improve security
- Identify and implement suitable communication software
- Perform check-ins to assess the wellbeing of external workers
Stay in Touch
Make sure to send out regular updates on where your business currently stands. Routinely informing staff via emails and company meetings will reduce panic and relieve uncertainty. Discuss the precautions you’re taking to ensure their safety. Keeping employees up-to-speed with rule changes and policies can cut down on training times.
Depending on your industry, there are likely certain regulations that you need to follow when it comes to sanitization. Regardless, you’ll want to set aside a budget for cleaning products – you’ll be using them a lot. Here are some basic steps for every business to take:
- Increase how often and thoroughly you clean
- Stock up on sanitizers and disinfectants
- Ask employees to follow cleaning procedures
- Request that staff who feel ill stay at home
- Encourage more frequent hand washing
Don’t forget about masks and gloves. Customer-facing businesses may have to invest in temperature sensors, as well as products such as the Sneeze Guard EZ to protect employees and give them peace of mind that they’re safe.
Look into Federal Relief
Have you explored your options for government assistance? Numerous initiatives are in place to help small businesses stay afloat. This includes low-interest disaster loans, employer tax credit and income tax deferment. Economic Injury Disaster Loans can be taken out to cover important expenses such as payroll and fixed debts.
Shift Your Strategy
Now is an ideal time to reconsider how you spend your marketing dollars. If you previously relied on traditional channels, taking a more digital approach can help you save money and expose your business to a larger audience. Aim to cover the basics, including:
- Setting up social media profiles
- Building a newsletter mailing list
- Creating listings on review platforms
- Optimizing and refining your own website
The end appears closer than ever, but that doesn’t mean you shouldn’t be prepared. Contact your suppliers, investors, partners and other key stakeholders to learn how you can safeguard your business and stay afloat while COVID-19 makes its way out. Rest-assured that your efforts will pay off in due course.
Why Businesses Need Remote Control
Especially when you plan to travel frequently, you may want to get remote control because this lets you keep pace with everything going on at your business operation. In the digital age, we should seek as many ways to maximize the potential of our technology as possible.
Share Files/Manage Business Remote
Through an enterprise remote control, you can share your files more easily, and you can manage your business through this remote. It makes everything much easier for you in the long run. Collaboration is the key to success at any business, and even while you’re on the road, you can still share the necessary files back with the employees who are running your business.
Access Data from Anywhere
Not only does this have a positive effect for business owners who have to travel frequently, but business owners can also use this for emergency projects. Let’s take the following scenario. Let’s say that you have a power surge that threatens to put your deadline on hold and cost you thousands of dollars. You learn, however, that you still have power back home. Instead of getting bent out of shape, you can move the project back to your home where you will still have access to the required data.
Collaborate with a Remote Team
It has never been easier to collaborate with a remote team than what it is today with everything that we have available to us. You could be in Shanghai, China, while your employees continue operations over in New York City. Still, you can collaborate with them just as effectively as if you were in person with them. That is one of the things that has made this even better than ever before. You have a great setup that allows for the maximum level of collaboration.
You have some companies that have switched entirely to remote work because of how it lowers the cost of needing to have an office. That isn’t to say that it can’t be helpful, but you do have some companies that have chosen this route. Office costs can get expensive fast, and through lowering your overhead costs, you eliminate for a number of things like:
- Office rent
- Security systems
- Minor maintenance projects
In addition, you don’t have to pay for furniture or equipment like you would at an office.
Almost above everything else, security matters because if the security is poor, it can lead to major fines and the ultimate end of your company. Some challenges do exist with this on the end of remote work, but if you can get the right software, it can help to ensure that you have excellent company security. You can find ways of putting the padlock on your business.
Businesses need this because of how it will have some undoubtedly positive effects. Even if you still rent an office space, you can get some incredible benefits having remote control for your business.
5 Reasons Why People Should Watch K-Drama
Indian masses have always opened their arms to various shows form different countries. The language disparity, not being a showstopper, they continue to consume the content—all watched Pakistani shows when aired on television.
People started replacing them with their Indian soap opera made by Ekta Kapoor and many others. The masses needed change and these shows seem to be a breath of fresh air. The same goes for Korean drama, the language disparity filled in by subtitles they soon started to spread like wildfire. The spread started slowly and passed down to people. Individuals discussed it, one got curious and tried it out for themselves. Once you start, there is no stopping or going back. You get consumed and sucked into this universe, you begin with Korean Drama and move to watch other Asian centric shows. Netflix has been updating new shows as well as movies in the Korean drama section, and the storylines ever so exciting and encompassing various genres at the same time.
Now one who hasn’t frequently watched these shows would be quite confused about the fixation around them. The fan base has been increasing, and it doesn’t seem to stop, which cause people to wonder why is that. Indeed you would understand if you watched these series. Normally people suggest your first shows to be “Boys over Flowers”, “What’s Wrong with Secretary Kim”, “Guardians: The Lonely and Great God”, “Masters Sun” to name a few. These shows aren’t just ‘view worthy’; they also generate an emotion it becomes your passion for knowing what the end would turn out to be. Korean Drama feature humor, ghosts, supernatural, history, a blend between past and present, fashion, and also showing two different worlds which suck you right in. To truly understand the storm created by these shows, here are five reasons why one would and should watch K-Drama. By the end of this list, you would surely want to jump into this universe.
1. Characters and Plots
Characters, plot, and everything about the shows’ are to keep you at the edge of your seat anticipating and waiting for the reveal. These shows are so relatable to an Indian audience, especially the parents and protagonist relationship. You would be laughing and screaming “same” every time the protagonist is yelled at by the birth givers. The characters and plot lines are well planned. The loose ends are almost, always tied, in the end, there will be twists and turns that would make your stomach churn with excitement.
2. Subplots and themes
These plots and characters come with subplots that are as exciting and sometimes even more than the main plot—love triangles, and ‘bromance’ that keep you smiling. The elements add further to the experience, having mermaids, ghosts, magic, historical setting with deep-rooted enemy plotlines, time-traveling all seem to affect you. The side characters have interesting backgrounds and personalities that it’s hard to not fall for them.
3. Virtually visiting Korea
The more you watch, the more you see the beauty of Korea, its a virtual traveling experience that you sure don’t want to miss. The ocean, the scenery, the various lifestyles that each character brings with them showcase the class struggle in Korea. Adding to this the beauty of the architecture, the lifestyles, and the food. Almost every show showcases various foods, and even if you are a vegetarian, you are sure to drool. You can feel the love for soju and food at multiple locations, from supermarkets to small roadside eateries to great dining restaurants. Also, their team effort portrayed in making Kimchi. You would want to experience the wonders of Korea someday, but for now, you can experience the same by watching the shows. It also doesn’t make a hole in your pocket.
4. Breath of Fresh air
You will hardly ever catch yourself yawning because of the shows, they are fresh content, and the show keeps building up to the climax. The old shows are never dull, and you would even want to repeat them from time to time. The old is gold would indeed apply here. Their historical and period drama makes you want to understand their culture and history. One cannot compare the period K-Drama to Game of Thrones, but none the less it doesn’t disappoint.
5. An extra layer of representation
Finally, the representation of women on these shows is quite impressive. They have women from various backgrounds such as – lawyers, journalists, weightlifters, secretaries, art curators, teachers, students, CEO’s, hotel managers. Woman characters portrayed as independent and strong characters. A show like Strong Girl Bong-Soon, shown to go out and save the world while her love interest stays back and takes care of their daughters. Even for male characters, they showcase various personalities and backgrounds that add to the story. Male protagonists and antagonists have multiple histories, experiences and careers in the show. One can never get enough of them. Additionally, the music is too good to be true, it’s not an overload of music, but you would genuinely love it. This leads to the K-pop industry, but that my friends are another story.
These shows are not like Indian soap serials where the show continues after 1000 episodes; instead, they are short and sweet with 18-20 episodes. Sometimes more or less but not by a large ratio. You might not be attracted to the idea of watching it, but I am sure once you start, you won’t be able to stop. You would want more, and if you say otherwise, I am sure to catch your bluff.
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