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Energy Procurement Mistake No. 2: Missing the Most Competitive Rates We’ve all experienced it: that moment we realize we paid more than we should have. We thought we did our research and negotiated well, but it turned out that someone else got a better deal. If you’ve been getting bids on electricity supply for years, […]
Add/delete language is of primary interest to organizations with a significant number of energy accounts.
Termination fees assessed by an energy supplier don’t just apply to the overall contract, but typically apply on an account-by-account basis.
Through an ongoing series, we will explore the five key clauses that must be mastered in order to negotiate successful energy supply agreements.
It is a common practice when procuring goods and services for an organization to be reactive. This means that you are either responding to a request from an end-user department for a particular product or service – or that you are planning the procurement process based on the expiration of the current contract.
It has been more than 15 years since the energy markets in the US have deregulated. At this point, electricity supply is deregulated in about a fourth of the states, and natural gas is deregulated in many more. Deregulation itself takes a number of forms, but the process is designed to give you, the buyer, […]
As a large user of energy, you know that one of the key factors in making smart decisions is engaging the services of an energy procurement advisory firm. We have discussed this importance multiple times in our regular articles. These same articles have touched upon various aspects of the relationship between the energy advisor and […]
This article concludes our “Definitive Guide to Hiring an Energy Advisor” designed to assist you, the purchaser, in finding, evaluating, and engaging an energy advisor. Over the past four editions, we have shared our insights into the important elements to consider if your organization is shopping around for advice. If you missed any of the […]
For the free market to work its magic in establishing prices through the force of supply and demand, you have to have several key ingredients – one of which is an informed buyer. As a buyer of energy, this means that to have the best chance of success in achieving the best pricing, you must […]
Welcome to Part Four of a five-part series exploring the best practices for engaging the services of an energy advisory firm. So far, we discussed the importance of evaluating the experience (Part One), the full suite of services (Part Two), and the wholesale market expertise of a potential energy advisor (Part Three). In this installment, […]
