Energy Consulting

Energy Procurement Mistakes You Didn’t Realize You Were Making (& how to avoid them): #7: Using One Firm for “All Things Energy”

Posted By: Bob Wooten

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 […]

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Energy Procurement Mistakes You Didn’t Realize You Were Making (and How to Avoid Them): #6 – Using a Decentralized Approach

Posted By: Bob Wooten

We are now halfway through our series on energy procurement mistakes. The first five articles discussed the mistakes of not procuring proactively, missing the most competitive rates, developing an inappropriate energy risk management strategy for your specific needs, not having a pre-determined goal of what you want to achieve, and utilizing an aggregation for purchasing […]

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Energy Procurement Mistakes You Didn’t Realize You Were Making (and How to Avoid Them): # 5 – Using Energy Aggregations

Posted By: Bob Wooten

Everybody makes mistakes. The key, as they say, is to learn from our mistakes. In this spirit, we are presenting this series of articles to help you identify some of the errors you might be making so you can break the cycle. The first four articles discussed the mistakes of not procuring proactively, missing the […]

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Energy Procurement Mistakes You Didn’t Realize You Were Making (and How to Avoid Them): # 4 – Not Measuring Your Results

Posted By: Bob Wooten

This, our fourth discussion, will center on the importance of measuring your results. The most effective and direct way to manage energy costs comes in the form of sourcing and procuring energy so that you can negotiate the rate you pay – an exercise performed in markets where electricity and natural gas are deregulated.

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Energy Procurement Mistakes You Didn’t Realize You Were Making (and How to Avoid Them): #3 – Lack of a Proper Procurement Strategy

Posted By: Bob Wooten

Energy procurement requires a significantly different process than the procurement of most other goods and services. If you’ve been your organization’s procurement officer for any length of time, this is likely not the first time you’ve heard that. This series on the “Top Energy Procurement Mistakes” seeks to explain why this process is such a different beast.

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The Procurement Professional’s Guide to Negotiating Energy Supply Agreements Part 4: Usage Bandwidth

Posted By: Bob Wooten

The concept of “usage bandwidth” has to do with the certainty of how much energy you will use (electricity or natural gas) in any given month.

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The Procurement Professional’s Guide to Negotiating Energy Supply Agreements Part 3: Adding & Deleting Accounts

Posted By: Bob Wooten

Add/delete language is of primary interest to organizations with a significant number of energy accounts.

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The Procurement Professional’s Guide to Negotiating Energy Supply Agreements Part 2: Termination Fees

Posted By: Bob Wooten

Termination fees assessed by an energy supplier don’t just apply to the overall contract, but typically apply on an account-by-account basis.

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The Procurement Professional’s Guide to Negotiating Energy Supply Agreements, Part 1: The 5 Key Clauses That Must Be Mastered

Posted By: Bob Wooten

Through an ongoing series, we will explore the five key clauses that must be mastered in order to negotiate successful energy supply agreements.

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Energy Procurement Mistakes You Didn’t Realize You Were Making (& how to avoid them): Mistake No. 1: Not Procuring Proactively

Posted By: Bob Wooten

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.

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Archive for the ‘Energy Consulting’ Category

Energy Procurement Mistakes You Didn’t Realize You Were Making (& how to avoid them): #7: Using One Firm for “All Things Energy”

Energy Procurement Mistakes You Didn’t Realize You Were Making (and How to Avoid Them): #6 – Using a Decentralized Approach

Energy Procurement Mistakes You Didn’t Realize You Were Making (and How to Avoid Them): # 5 – Using Energy Aggregations

Energy Procurement Mistakes You Didn’t Realize You Were Making (and How to Avoid Them): # 4 – Not Measuring Your Results

Energy Procurement Mistakes You Didn’t Realize You Were Making (and How to Avoid Them): #3 – Lack of a Proper Procurement Strategy

The Procurement Professional’s Guide to Negotiating Energy Supply Agreements Part 4: Usage Bandwidth

The Procurement Professional’s Guide to Negotiating Energy Supply Agreements Part 3: Adding & Deleting Accounts

The Procurement Professional’s Guide to Negotiating Energy Supply Agreements Part 2: Termination Fees

The Procurement Professional’s Guide to Negotiating Energy Supply Agreements, Part 1: The 5 Key Clauses That Must Be Mastered

Energy Procurement Mistakes You Didn’t Realize You Were Making (& how to avoid them): Mistake No. 1: Not Procuring Proactively

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