Lower Your Electrical Cost in 2023

by | Jan 12, 2023 | Commercial Electrical, Industrial Electrical | 0 comments

Looking to save on your electrical bills in 2023? With 2022 putting financial strain on many businesses due to rising utility costs, many owners are looking to save money in the new year and tighten their budgets where possible. At MCL power, we know that one of the best ways to reduce your spending and increase your overall efficiency is to plan ahead and be proactive. We’re proud to be one of Edmonton’s leading teams of electrical contractors and to partner with businesses all across the region.

Below, we’ll highlight 5 different ways to save on electric costs in 2023. Read on to learn more!

1. Invest in Smart Technology

Today’s smart technology has come a long way in streamlining our homes and commercial properties. Investing in smart thermostats, building ecology monitoring systems, lighting and other assets are great ways to lower costs in the long term and increase your convenience. Most smart tech even comes with in-app efficiency modelling, giving you an even better way to see where you can save!


2. Better Building Envelope

Sometimes your electrical wiring and appliances aren’t the problem! If you’re in an older building with outdated windows, doors and other features designed to keep the outdoors out, your main problem may be a compromised building envelope. When your interior insulation components fail, your electrical systems must work overtime to compensate, resulting in higher costs for owners.

3. Upgrade Aging Appliances and Systems

On the other hand, if it’s been ages since you brought new assets in, it may be time for an upgrade. Compromised wiring and electrical systems can be a huge wallet drain, and bringing your equipment up to speed with newer features may cost a pretty penny upfront, but once you see immediate savings, you’ll be glad to invest for the long haul.

4. Maintenance and Proactivity

A cost-effective electrical system is one that’s well-maintained as routinely monitored. Prevention is your biggest asset, and with the right partners like the team at MCL, caring for your building is hassle-free, saving you time and money all year round!

5. Call in the Professionals

Finally, sometimes it’s hard to figure out where you can save without the right information. If you’ve consistently seen higher electrical costs and can’t identify a clear culprit, it’s time to trust the professionals. At MCL, we’re always prepared to take a closer look using NDT and infrared technology to go beneath the surface and find out what’s really going on.

Let Us Help!

With three decades of proven experience behind our team, MCL Power is proud to offer offers clients industry-leading support and peace of mind through extensive electrical services you can depend on. If you’re experiencing early signs of an electrical issue or need help figuring out how you can reduce your electrical bill this year, contact MCL today to learn how we can help get things back on track!