Energy procurement is the process of acquiring the exact fuel and power your business needs to operate.
The way you approach energy procurement can have a huge impact on how, when — and if — your business grows.
Each month you receive your business’ energy bills.
How can I make sense of all these charges and fees?
Am I getting the best energy deal out there?
How do I keep track of all these invoices?
Where is my electricity, gas, propane, and diesel fuel really going?
Can I protect my business from large spikes in wholesale energy costs?
Is our usage in line with our industry peers?
Am I the right person to be reviewing this?
Is there a better way?
For too many companies, these questions are asked but rarely answered.
By working with the right partner to develop an effective energy procurement plan you can help answer all these questions — and more. This guide will help you find the right plan and the right vendor for the job.
The average commercial business spends thousands of dollars a month on utilities. For those in the manufacturing, construction, and transportation industries, energy costs are significantly higher — hovering around $6,712.72 a month. Add in variables like multiple facilities, local government regulations, geography and weather — and the average commercial business’ monthly energy bill could easily surpass $20,000.
Such a significant business expense should not be subject to uncertainty or neglect. Yet many companies don’t commit to more effective strategies that give them more control over these energy costs.
Effective energy procurement management puts you back into the driver’s seat. Organizations that embrace strategically maximizing energy procurement stand to lower operating costs and improve operational efficiency. That puts your business at a competitive advantage compared with companies who don’t view energy from a strategic perspective.
The average commercial business spends thousands of dollars a month on utilities. For those in the manufacturing, construction, and transportation industries, energy costs are significantly higher — hovering around $6,712.72 a month. Add in variables like multiple facilities, local government regulations, geography and weather — and the average commercial business’ monthly energy bill could easily surpass $20,000.
Such a significant business expense should not be subject to uncertainty or neglect. Yet many companies don’t commit to more effective strategies that give them more control over these energy costs.
Effective energy procurement management puts you back into the driver’s seat. Organizations that embrace strategically maximizing energy procurement stand to lower operating costs and improve operational efficiency. That puts your business at a competitive advantage compared with companies who don’t view energy from a strategic perspective.