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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.
For those of you playing along at home, we are now on the third installment in our five-part series on the key aspects involved in hiring an energy advisor. The genesis of this series has been in response to the trend we see in the industry toward more and more organizations (both public and private) […]
In our previous installment, we started a five-part series with advice for the energy buyer when engaging an energy advisory firm to assist with the procurement and management of energy supply. We highlighted the five key factors to consider: Experience Full-Service Solutions Wholesale Market Expertise Strategic Approach Independent Status We initially discussed how important “experience” […]
Most purchasing professionals are at least somewhat familiar with the energy procurement process. And if you read this blog regularly, you probably know a little about energy procurement techniques such as monitoring the market and shopping around for the supplier offering the best prices and most favorable terms. But what happens after the contract is […]
Most companies consider energy management to be an essential aspect of corporate strategy, according to Deloitte’s 2015 resources study, published by the Deloitte Center for Energy Solutions. The report is based on 600 online interviews with business decision-makers who are responsible for energy management practices at companies with more than 250 employees across all industries. […]
