Many energy consumers (commercial, industrial, institutional, etc) wonder
how they could possibly secure a more competitive supply rate than their
local utility company which is procuring power in much larger volumes.
It’s true, your local utility is procuring far more power than a single restaurant owner, an office complex, a hotel chain, or even a corporate conglomerate with 50 locations consumes. However, when it comes to procuring electricity volume doesn’t necessarily mean greater leverage and a lower price.
(1) a unique energy profile…one size does not fit all
(2) the flexibility of timing your power purchase in the market
Utility companies separate their customers into different rate classifications (e.g. residential, commercial, industrial, etc.). As a result, you are charged a price per unit of electricity ($/kWh) based upon an average of what it costs the utility to procure power for every customer in your service class.
The fact is that even though the utility places you in a service class with customers of similar consumption levels, in reality your energy profile is unique. For instance, three commercial customers who all consume 1,000,000 kWh per year may consume power very differently. For example, an office building that consumes the majority of its electricity between 8am and 6pm has a much different load factor than a laundry service that operates three 8-hour shifts, or a bakery whose peak consumption occurs between 10pm and 6am. Different energy profiles command different prices in the competitive marketplace!
Also key to securing a lower energy supply offer than the local utility’s standard rate is the flexibility of timing. Most utilities participate in annual or semi-annual power supply auctions, overseen by their state’s public utility commission. Professionals in the volatile energy markets know that restricting yourself to a small window power purchasing severely limits your ability to secure the best price. At OES we use our market knowledge and expertise to time the execution of energy supply contracts providing maximum savings for our clients!
We put our market knowledge and experience to work to analyze power usage and needs, and then source customized energy offers from the country’s top energy supply companies. We specialize in long-term client relationships of the highest ethical standards.
