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Energy decision-makers wear a lot of hats – and their job descriptions are all over the map: purchasing agents, property managers, CFOs, operations directors or presidents. The point is, it’s rare to find a person who specializes in “energy procurement” alone. For most of these people, “commodity procurement” or “energy management” is only a small […]
Everything seems to come down to price. After all the talk and all the negotiation, ultimately the decision comes down to one question: “What am I paying?” When negotiating an energy supply agreement, such as for electricity or natural gas, the same focus applies. As a buyer of energy, however, you need to realize that […]
The goal is to establish the best strategy and energy pricing for your organization. The key to achieving your goal is market timing (as we have learned from addressing earlier mistakes).
Savvy energy procurement specialists often look for other options to augment their energy purchasing arrangements. One such option is the cooperative purchasing contract. But before launching a full-scale plan that revolves around a cooperative, you need to ask, “Can I use a cooperative purchasing contract to procure energy, such as electricity and natural gas?” At […]
The goal is to establish the best strategy and energy pricing for your organization. The key to achieving your goal is market timing (as we have learned from addressing earlier mistakes).
Admit it: Sometimes we all need a map. In this case, we’re not talking about Rand McNally but rather an aid in navigating the unpredictable energy market. If your energy procurement goals include budget stability, recent market trends can be downright terrifying. But take heart! There really are steps you can take to steer your […]
The goal is to establish the best strategy and energy pricing for your organization. The key to achieving your goal is market timing (as we have learned from addressing earlier mistakes).
The goal is to establish the best strategy and energy pricing for your organization. The key to achieving your goal is market timing (as we have learned from addressing earlier mistakes).
The goal is to establish the best strategy and energy pricing for your organization. The key to achieving your goal is market timing (as we have learned from addressing earlier mistakes).
As we start our next installment in this series, let’s recap the mistakes we’ve covered so far when it comes to savvy energy procurement: not procuring proactively, missing the most competitive rates, developing an inappropriate procurement strategy for your specific needs, not having a pre-determined goal of what you want to achieve, utilizing an aggregation […]
