July 29, 2011 at 3:06 pm

The Situation Customer burdened with the manual execution of a complex and time-consuming process for buying winter peaking gas. World Energy Action In 10 days, World Energy structured and sent to suppliers the inaugural set of auction events featuring temperature trigger and everyday peaking products - 64 tranches total. Result Extremely competitive auction event with 17 unique bidders [...]

July 28, 2011 at 2:13 pm

The Situation University that had previously been part of a State procurement chose to venture out alone and needed to procure quickly World Energy Action World Energy’s unique understanding of state procurement regulations combined with our market expertise allowed us to move quickly and competently Result The customer locked in a four year basis contract which [...]

July 27, 2011 at 9:12 am

The Situation NYC-based hospital group has an electric contract that runs through August 2012. Their current rate is $.1099/kwh. World Energy Action World Energy saw an opportunity to extend the contract at lower rates, blending the existing price with the lower rate, resulting in immediate savings. World Energy requested offers from all suppliers and also requested blend/extend offers [...]

July 26, 2011 at 4:29 pm

The Situation A New England State had many interruptible accounts with very high costs. The interruptible rate was linked directly to fuel prices, which were much higher than natural gas. World Energy Action Since the State was paying a higher cost for less service, we helped the State switch accounts from an interruptible to a firm [...]

at 10:09 am

The Situation A returning Customer struggled with their internal process of awarding 80 auctions to 20 unique bidders. World Energy Action World Energy worked with Customer and Customer’s Risk Management Team to develop and implement an Electronic Deal Ticket process in order to eliminate time spent hand-writing over 30 separate awarded deal tickets. Result Customer [...]

at 9:59 am

The Situation Customer’s energy expense is a significant portion of their overall cost structure and they elect to obtain fixed prices when appropriate. Current electricity and natural gas contracts deals expire in November 2011 and December 2011, respectively. World Energy Action World Energy monitors and updates customer on market movements prompting them to seek extensions. [...]

July 25, 2011 at 3:42 pm

The Situation Customer got electricity directly from supplier through May 2010 at an equivalent rate of approximately $.0595/kKh. Original deal negotiated and contracted by plant personnel. World Energy Action World Energy leveraged its significant experience at customer sites across the U.S. and its relationship with personnel at Corporate HQ to present alternative pricing from 6 suppliers. [...]

July 24, 2011 at 1:24 pm

The Situation New government customer faced a 30% electric rate increase as rate caps expired in PA. World Energy Action World Energy aggregated 35 accounts onto one contract, getting a single price that got the customer budget certainty for 23 months. Ran multiple auctions testing green parameters. Result County saved over $50,000 over the life [...]

July 22, 2011 at 8:37 am

The Situation Customer wasn’t impressed with the response he was receiving from the market, so he called up World Energy to help secure pricing. World Energy Action World Energy took the product to auction and recommended an aggressive Opening Price, which helped set bidders’ expectations in a market that was not very transparent. Result The [...]

July 21, 2011 at 4:05 pm

The Situation Hospital in state aggregation group suspected it wasn’t getting a great rate on power. World Energy Action World Energy put together an auction, while also soliciting a “best bid” from the supplier chosen by the aggregation group. Result The auction resulted in over $200K in savings over the aggregation rate. The incumbent supplier [...]