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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 […]
April 7, 2022 – Over the past few weeks, significant price increases in the natural gas market have driven electricity prices higher as natural gas is the largest cost component contributing to the price of electricity in most US electricity markets. Natural gas prices are higher overall due to the fundamentals of limited supply vs. […]
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 […]
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 […]
