Energy Cost Management
It is often a challenge for most companies to manage energy services in the dynamic environment of deregulation, supplier competition, hedging tariffs, regulatory issues, demand response, and other pricing mechanisms. Combined with complex and confusing supplier billing practices, the result is an environment ripe for overcharges and errors.
The expense reduction specialists at Edge Insights will work with you to reduce your energy costs by performing a complete energy account analysis. Our efforts focus on auditing invoices and supplier contracts as well as the efficient purchasing of energy resources. Over the years, our clients have seen substantial energy cost reduction and ongoing savings.
Edge Insights optimizes energy costs through a simple three-step process:
Step 1 – Benchmark and Audit
We begin by performing an audit of all current energy accounts, bills, and contracts. The goal is to document all services and usage, establish benchmarks, and identify rates and errors that may result in refunds and/or monthly savings in the future.
Step 2 – Analyze and Optimize
Next, our expense reduction specialists will analyze the expense data, evaluate supplier contracts and pricing compared to the current market, and review taxes and other cost elements. The goal is to determine if energy services can be delivered for better value.
Step 3 – Implement and Manage
Finally, Edge Insights will investigate and present the best service alternatives from the comprehensive array of suppliers with whom we work. Edge Insights will manage all new service implementations and, with its partners, provide a single point of contact for support and problem resolution in the future. The goal is to provide the optimum combination of services, value and support.
After optimization, you are placed into our proprietary PriceWatch program. Driven by daily market data, PriceWatch finds pricing opportunities that fit your custom profile and alerts us when a favorable condition exists for your organization. Edge Insights then informs you of all viable buying opportunities. We handle the stress of remembering when your contracts are set to expire as well as monitoring the markets.
The above map may not reflect recent legislative changes. Please contact an Edge Insights representative for more information.