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Are Rising Energy Prices
Cutting Into Your Bottom Line?
Rising energy prices will
continue to impact restaurants' bottom lines. Energy costs represent a
significant portion of restaurant expenses. Lighting inside and out,
cooking appliances, cold storage, ventilation systems, dining-room
heating and air conditioning expenses can add up. Nearly nine of ten
quick service and two-thirds of full service restaurant operators say
high gas and electricity costs negatively affect their business,
according to a National Restaurant Association survey conducted in
October.
In an energy-intensive
industry, your restaurant is particularly sensitive to rising prices. As
energy costs become a more significant portion of the cost of doing
business, your business needs to create an energy strategy for the
future. When there is such a small margin between success and failure in
the restaurant industry, controlling your gas and electricity cost is
critical.
Most think that hedging energy costs is something for
big businesses like Southwest Airlines who enjoy hedged oil at $35 a
barrel until 2010. But, if your combined energy bills are over
$1000/month, we can END your rising electricity and gas costs for
1, 3 or 5 years with an energy hedge. Sometimes buying electricity
outside the local grid allows us to beat your current rate and compounds
the savings without even factoring in rate increases. Of course, if you
believe that the cost of electricity and gas are on their way down, this
strategy is not for you.
Hedging energy seems complicated, but we make it as
simple as 1, 2, 3
1.
Find your electricity and gas bills (We need full copies
for 1 month, business only)
2.
Fill out the
Letter of Authorization so that we can request your usage for a
year, as your usage may vary from month to month. (Click on PDF
Document link to print)
3.
Fax or email the authorization and bill(s) to us, we will
return a rate in 2-3 days.
We will provide you with
an actual savings chart based on your current rate. The rates we quote
you change daily, and are good for just that day like the stock market.
Once you realize the potential saving and are ready to change the energy
company your write your check to each month, we will quote a current
rate for the day you sign the contract. Best of all the checkup is
free. We look foreword to helping you stay profitable.
Sincerely
Charles M.
Kandutsch, CEO
PickaRestaurant.com
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Save!! |
Typical Business Saving
$1000/Month Bill
$5000/Month Bill
$10,000/Month Bill
$100K/Month Bill
6 Reasons
for a Energy Checkup!!
- Rates continue to go up. Read more if
you don't believe it.
- You may not be getting the best current rate.
- You have the chance to save $1000's over the next few
years.
- If energy costs go up, your energy bill hedge becomes an asset in your
business.
- We are currently in an energy crisis with the price of oil
doubling in a few short years.
- It's costs nothing for the checkup.
The Perfect Storm
How Convergence Of Shortages In the Three Major Energy Markets Could Threaten
the American Economy
By Senators Charles E. Schumer and Susan M. Collins
Overview: Each of the three major energy markets (petroleum, natural gas
and electricity) faces a crunch of significantly increased demand and
potentially dramatically higher prices over the next ten years. Taken
together, these crunches could yield a profound crisis for the US
economy. With little or no growth in production, the nation could see a
171% spike in its energy costs in ten years, with household energy costs
skyrocketing from $1,338 in 1997 to $3,626 in 2010. A comprehensive,
bipartisan approach – one which decreases demand, improves distribution,
and increases domestic supply – is urgently needed to break
congressional deadlock and head off a full-blown energy crisis.
To read Full article |