Energy Procurement
Utility Advantage enables clients to meet their energy procurement and related risk management needs through the application of portfolio purchasing strategies, and web based market and transaction reporting tools. Our expertise includes the procurement of both traditional (electricity, natural gas, fuel oil) and renewable “green” power– matching the needs and preferences of our clients.
In designing and implementing an energy-management program, Utility Advantage develops and applies:
· Historical energy use and cost analyses
· Budget Forecasting and Benchmarking Strategies
· Market conditions and trend reporting
· Bid preparation and contract development
· Bid response analysis and savings projections
· Management of energy supplier throughout term of contract
· Portfolio purchasing and open position reporting
· Program tracking with monthly savings reports
· Program management, including ongoing procurement action plans and strategies
Utility Advantage’s team of experts utilizes our web-based market and budget-to-market reports to assess the customer’s position at any time and makes recommendations to our customers and manages the placement of trigger price and market buy orders. Utility Advantage’s team can also support financial hedging strategies that include caps, floors, collars and other financial risk management instruments.
Utility Advantage enables clients to meet their energy procurement and related risk management needs through the application of portfolio purchasing strategies, and web based market and transaction reporting tools. Our expertise includes the procurement of both traditional (electricity, natural gas, fuel oil) and renewable “green” power– matching the needs and preferences of our clients.
In designing and implementing an energy-management program, Utility Advantage develops and applies:
· Historical energy use and cost analyses
· Budget Forecasting and Benchmarking Strategies
· Market conditions and trend reporting
· Bid preparation and contract development
· Bid response analysis and savings projections
· Management of energy supplier throughout term of contract
· Portfolio purchasing and open position reporting
· Program tracking with monthly savings reports
· Program management, including ongoing procurement action plans and strategies
Utility Advantage’s team of experts utilizes our web-based market and budget-to-market reports to assess the customer’s position at any time and makes recommendations to our customers and manages the placement of trigger price and market buy orders. Utility Advantage’s team can also support financial hedging strategies that include caps, floors, collars and other financial risk management instruments.