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To the uninformed,
energy procurement seems simple. Quality is not an issue since
electricity and gas are always the same when delivered to your facilities.
The problem is energy pricing is often complex. Therefore,
it’s not sufficient to just get quotes from three or four
energy sales people and then select the one with the best price.
Clients such as the Boston Red Sox, Simmons
College, Leviton Manufacturing, WCVB-TV, Plymouth County and Middlesex
County turn to BCC to reduce their energy risk, control their costs,
and protect their interests. As a licensed energy broker
working as a business partner, BCC makes quick decisions on their
behalf when the timing is right--saving these companies thousands
of dollars and eliminating budget risks.
Because energy is a commodity, timing is
everything. Just like stock prices, energy prices fluctuate—but
predicting the price direction is even more difficult because the
information needed for decision making is hard to interpret.
The experts in energy markets, therefore, make split second buying
decisions. Suppliers then need to add margin to the pricing
they quote to cover their bets for future fluctuations measured
in fifteen minute increments-- rather than hours--since most companies
are not prepared to sign the contract quickly. Even then,
their quotes are only good for that day. For this reason,
companies that work with a licensed energy broker—who can
make quick decisions for them—pay significantly less for their
energy than those that deal directly with energy providers.
Add to this complexity the rules, regulations
and a variety of different fees that are specific to each state.
There are even some fees that are specific to only certain regions
of a state. Then there is the question of whether your company
is even on the correct utility rate. This is based on your historic
energy consumption, but you cannot assume you’re your rate
is the correct one.
Finally, consider the complexity of arcane
contracts that affect how everyone sets their prices. The
price from supplier A may be lower than supplier B, but the contract
terms might make supplier B the better deal. Many companies
don't understand what they are committing to in their contracts.
Terms like RMR, ICAP-Tag, Congestion, Capacity, Clearance Price,
Capacity Reserve, basis, and LFR don't have much meaning to most
people, but when it come to energy contracts, they matter.
As a licensed energy broker, Better Cost
Control can negotiate the best prices for electricity and natural
gas. Using our regulatory knowledge and experience, you can be confident
of securing the best energy options, regardless of your annual energy
budget. There is NO CHARGE for our services. For more information,
contact us via email
or call 617-332-7767 x150.
Your company can use Better Cost Control
for just utility procurement. Call us today! |
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