Navigating the Energy Procurement Process
Navigate your way through the complex process of energy procurement with these four best practices
Know What Drives the Market
In an effort to make good buying decisions for your organization it is vital to consider the factors you can assess, influence and adjust yourself. Setting your objectives ahead of time and buying in the market when it best meets your goals is a key fundamental of energy purchasing.
Be Strategic
Monitoring and managing your consumption is another essential component to smart energy procurement. When devising an energy plan, it is important to look at the ways your organization uses energy and how they are reflected in your current procurement process.
Analyze Your Data
Energy usage data, as well as utility and supply bill data, can provide significant insights into how your facility uses energy and how your organization is being charged. These insights can help you make more informed budgeting decisions and identify areas for cost improvement.
Understand Contract Types
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Managing your organization’s energy strategy can be complex. As a premier energy supplier, we can help put your business on the path to a proactive strategy that maximizes cost savings for your organization.
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