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All About Energy

How to Select the Right Energy Provider in 6 Steps or Less

Will McGinnis Aug 22, 2018 12:00:00 PM
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As a medium- to large-sized business, you have many choices when it comes to choosing an energy provider. How do you select the best energy provider for your business? There are several important factors you must consider before answering this question and there is no ‘one size fits all answer’. To find the best fit for your business, you have to spend a little time analyzing your options.

Things to consider when choosing an energy provider:

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4 Reasons You Should Consider an Energy Broker vs. an Energy Provider

Will McGinnis Aug 8, 2018 12:00:00 PM
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There are two main options companies have when purchasing energy, go directly to the provider or work with an energy broker. What are the differences between the two and what works best for your business? A provider is the energy company - the entity selling and delivering the energy you use. An energy broker is a person who works with both energy providers and consumers to negotiate deals and supply data. Do you need an energy broker to help your company understand and put energy plans and rates in place? Most likely the answer to that question is yes. Here is a closer look at the differences between what an energy provider does and what an energy consultant does.

The Difference between a Provider and an Energy Broker

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3 Factors to Consider When Buying Energy

Will McGinnis Jul 25, 2018 12:00:00 PM
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Energy rates are determined by a number of factors, some more complicated than others. Trying to sort through these concepts alone can leave one feeling frustrated. An energy broker makes the process of choosing an energy provider and product less stressful by using their years of accumulated industry knowledge and experience. Knowing the ins-and-outs of the industry helps the broker to find the product and price that suit a company and its specific needs the best. Three of the most important factors to discuss with your energy broker before making any decision:

1. Load Shape
2. Historical Usage
3. Location
Not only are these three concepts critical in determining the price of energy, but a strong understanding of them will allow you to increase efficiency and lower costs. 

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Get Your Team to Approve a New Energy Strategy Plan

Will McGinnis Jul 5, 2018 9:58:00 AM
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It is no secret that energy is an expensive part of doing business. However, with the right plan and approach, you can make your energy spend work for you. Keep reading for 5 tips on how to get your team to agree to an updated energy plan.

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Key Strategies for Energy Contract Negotiation

Jared Crane Jan 24, 2018 8:48:39 AM
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Sometimes companies can spend so much time trying to get the best deal that they are left with few options and higher rates as their energy renewal contract date looms near. Commercial energy brokers know that the best rates occur when you negotiate for energy far into the future, but to get those rates, you have to understand your business’s needs first.

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How to Guarantee a Beneficial Energy Contract

Jared Crane Jan 23, 2018 3:03:00 PM
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A Beneficial energy contract is one that addresses all of the concerns that your company has about energy pricing, risk, and usage. These concerns also apply to your energy contract and pricing strategy that bests fits your risk level and usage needs. Being able to negotiate a contract that addresses all of those points and concerns is difficult. That’s where energy management brokers come into the picture.


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Best and Worst Times to Sign an Energy Contract

Jared Crane Aug 3, 2017 9:18:00 AM
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Energy procurement is an ongoing cycle. It is critical that you procure energy at the right time so that you avoid paying for energy at premium rates. Like everything in the supply and demand model, there are best and worst times to enter into negotiations. If your job requirement is that you become the energy broker for your company, then take a deep breath and relax as we are about to make your job a little easier.


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Demand Response Program Hesitations Keeping you from Making Money

Jim Kordoban Jul 20, 2017 9:00:00 AM
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Facilities that use large amounts of electricity have often heard of demand response programs, or are active participants.  Demand Response programs typically compensate facilities based on curtailment during a specified time period.  The utility or market operator will call an event during times when the electrical grid is under a considerable amount of stress from high demand or lack of adequate generation.  Ultimately, more generation is produced or curtailment is called to help prevent a rolling brownout or blackout.  For many organizations, the idea of shutting off, curtailing, or adjusting energy use can be a scary thought!  Whether you’re a building manager concerned about tenant comfort, a data center operations manager who is worried about uninterruptible power, or a plant engineer focused on product quality, you’ve got a business to run and your operations come first. 


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Major Impacts on the Cost of Energy

Jared Crane Jun 27, 2017 10:10:00 AM
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There are many factors that impact the cost of energy but perhaps the greatest is simply the power of supply and demand. Even Issues like energy deregulation, political unrest, and voter initiatives take a backseat to the power of supply and demand. That is because of "time", which is not a single quantitative force here, plays a very large role in the available energy supply and the demand for energy.


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Why Just Tracking Energy Usage Isn’t Enough

Caroline Haywood May 25, 2017 2:13:18 PM
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When it comes to keeping your business afloat, one key element is cost savings. Any way you can help your business cut costs and save money will financially help in the long run. One easy way to save is by tracking and reducing your energy usage, but what happens when that is not enough. Research shows that almost 30% of energy in commercial buildings is wasted. It may seem that no matter how hard you and your business try to cut back, the savings just aren't happening, tracking energy isn’t enough.

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