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Utilities and Energy Services

Utilities and Energy Services Industry

Utilities and Energy Services Industry

We understand a lot of detail goes into utilities and energy projects. From start to finish, any one project may require multiple pieces of equipment at each stage. Here at BigRentz, we offer a wide variety of equipment rentals all over the nation, so that you can get all the equipment you need for all your upcoming jobs in one order.

If your next project involves installing smart grids or meters, you may need to rent an excavator. Or if you will be installing or repairing solar panels, you will probably need a boom lift. When you outsource your equipment rentals to BigRentz, we not only provide the rentals, but we handle the logistics as well. After you place your order, we do the rest, so you can focus on more important project tasks.

Utilities and Energy Services Industry
Utilities and Energy Services Industry

Rent Equipment for Your Next Utilities and Energy Services Project

State of the Utilities and Energy Services Industry

The utilities sector is one of the most important in the country. Businesses in the energy sector focus primarily on efficiency. In addition to investing in renewable energy, the U.S. Energy Service Company (ESCOs) industry is also constructing smart grids and installing smart meters in customers’ homes to create energy savings. Energy efficiency programs are also common across the industry.

Although this utility industry was once dominated by large companies, smaller organizations are starting to make their way into the field, including in areas such as energy trading, energy network operations, energy generator installation and maintenance, and energy services directly to customers.

Numerous obstacles exist for businesses in the ESCO industry. For example, energy service companies must comply with complex regulations, which can be difficult for smaller operations. Businesses also have to find ways to deal with increased energy consumption. By some estimates, the energy industry must increase its capacity by 40 percent by at least 2020 to meet demand across the globe.

Utilities companies must also find a way to balance fluctuating costs with their pricing. Prices for electricity are no longer regulated by the government, which means that energy providers can set their own pricing. While this can be positive, it also means that energy companies must strike a balance between turning a profit and providing their customers with energy savings.

Equipment Needed in the Utilities and Energy Services Industry

Utilities and energy industry businesses rely on construction equipment rental to help them complete certain tasks. For example, a utilities operation may need to install utility poles to string power lines so that they can more effectively deliver electricity to their customers. Installing energy poles, smart grids, smart meters, or solar panels requires a wide range of equipment, including excavators and boom lifts.

Installing transmission wires can be very difficult. The wires themselves can be very heavy, so they often require special equipment to lift into place. On such a project, a crane or a telehandler can make the job much easier. Heavy materials can easily be moved around the installation site and doing repairs much quicker and easier.

An articulating boom lift is another piece of equipment that can be advantageous to energy businesses. The basket on an articulating boom lift allows materials, or even a utility worker, to be lifted as much as 30 feet in the air. Booms lifts are also available with large capacities to make lifting heavy items simpler.

If you need to power a pneumatic tool, such as a jackhammer, you can use an air compressor. These tools are very important for a variety of utilities and energy industry projects. Before installing a smart grid, for example, ESCO may need to cut down trees and clear back brush. With air compressors, a business can power tools for these jobs even in remote locations. Forklifts can also make it easier for your workers to move large equipment around a job site.

The business model of some energy management companies requires installing transmission wires underground versus on utility poles. Underground installation is very beneficial as it secures the wires and prevents outages due to fallen tree limbs. Utilities and energy operations that wish to install wires underground need tools like an excavator. With an excavator, you can dig a trench needed for the wires, and then bury the wires using the excavated dirt.

Excavators are also an important tool for coal operations focused on removing coal from the ground. Without this tool, mining the coal from the ground would be extremely difficult and likely cost-prohibitive. Whatever the focus of the operation, every business in the utilities and energy industry will need at least one industrial truck, if not a fleet. Again, using coal businesses as an example, industrial trucks can transport the raw coal to a processing facility where it will be burned for electricity. Industrial trucks can also make it much easier to transport your workers or equipment to a job site.

Benefits of Renting Energy Equipment

Utility companies need a wide range of equipment to complete everyday tasks, from installing smart grids to extracting natural gas. If you want to maintain the efficiency of your operation so that you can meet the needs of your customers, the best idea is renting construction equipment.

Renting construction equipment for energy companies can be extremely beneficial, especially when it comes to cost. When purchasing construction equipment for a business in the energy sector, costs can soar into outrageous numbers.

On the other hand, businesses in the utilities and energy services industry can effectively control their costs by renting. For instance, renting can help your business avoid purchasing a piece of equipment that you only need for a single job in a short period of time, such as a telehandler. Also, with daily, weekly, and monthly rental options, you will be able to customize your rental plan to the needs of your business.

Renting can also protect your company from fluctuations in the market. The energy resources sector is subject to a significant amount of volatility, which can affect the costs of everything from power generation to equipment. If you rent your equipment, your company will have some protection from these fluxes.