Electricity and Gas Procurement ConsultantsGet Started
Commercial energy procurement is just a fancy way to describe the process of finding the right energy supply (electric, gas, or similar) to meet your business demand.
Securing the right energy service for your business can get tricky fast. There are seemingly hundreds of suppliers with complex terms, wordy contracts, and daunting contracts.
It’s enough to make your head spin.
If your energy bill is a significant line item on your budget, it is worthwhile to get the expertise of an energy industry veteran to guide you.
In this article, we’ll walk you through the energy procurement process and common questions.
Energy procurement is the sourcing and identification of electricity and natural gas contracts that best fulfill your business needs. Commercial energy contracts can be extremely complicated and the pricing for energy is highly volatile.
There are various factors that attribute to what your business will pay for electricity. Load factor, peak demand, capacity plus dictionary full of other industry jargon can stand between you and the best commercial electric rate.
If you are lucky enough to be in a free energy market you have the ability to shop suppliers to find the best pricing.
Several states have opted to deregulate their electric markets. These open markets include:
Similar to electricity procurement, natural gas pricing for your business can be affected by market and usage factors.
EnergyBot can procure natural gas in almost all free markets. Additionally, we have flexible options including, fixed, blended, index (NYMEX), and basis swaps.
In these states, business owners can multiple quotes from suppliers to find the best price and terms for their demand.
More and businesses are focusing on reducing their carbon footprint. The larger your commercial energy needs, the more difficult it can be to source renewable energy solutions that make financial sense and meet your demand.
We have built a renewable energy supplier network that we can leverage to reduce your carbon footprint without compromising your business needs and budget.
In many cases, this means a mix of renewable energy supply, on-site energy efficiency efforts, and Renewable Energy Certificates (RECs).
We bring decades of experience supported by the latest software tools to ensure your business gets the right energy service you depend on to keep operations running smoothly.
In it’s simplest form, we divide up our procurement service into the 3 parts:
No two business cases are the same. Our software allows us to instantly look back through your business’s energy usage to identify the key factors that will affect your energy pricing.
We combine our thorough analysis of your energy usage with our industry knowledge. Then we gain an understanding of your business goals so we can align the stars that will land you the cheapest energy supply available.
Our network of suppliers spans the United States and includes over 80 of the most well-vetted energy providers. We only work with the foremost energy providers because like us, they have your best interest in mind.
They are looking to build a long-term mutually beneficial relationship to power your business for the long-haul.
You can view a complete list of our energy provider network here.
Your utility is responsible for the generation and distribution of your electricity and/or natural gas. Since regulations differ by state and city, the utility can determine a lot of what purchase options are available.
This is where our years of experience can save you a huge amount of money. Our insights help you make the right where your business decides to set up shop and plan for your future energy needs.
One of the best parts of working in the energy industry is how many verticals and business types we get work with. We all rely on electricity and or natural gas to power our business forward.
While there is no wrong answer for who needs energy procurement services, generally its companies in the manufacturing, warehouse, data, medical, or hotel industries.
We build our data-driven online marketplace to serve businesses with smaller demand. They can get the best rate possible, switch providers, and manage multiple locations all online.
They get to skip the back and forth with a broker (and their insanely high margins) get their energy needs met online and go back to running their business.
That being said if energy is a large percentage of your operations budget we can help. Examples of companies big and small we work with:
We are often asked why a company with an in-house procurement team needs the help of energy professionals. It’s simple.
Your business is completely sunk without its energy demands met. Combine that with one of the hardest to navigate marketplaces laced with regulations, jargon, complex contracts, volatility, and you could be one bad decision away from a disastrous decision.