Energy Procurement

energy is a financial market
the key to savings is best practice

Photo by violetkaipa/iStock / Getty Images

Today, market deregulation, advances in energy technology, and a new emphasis on sustainability are requiring facilities to make complex procurement decisions in what has become America’s most volatile commodity market. To keep pace, organizations need to adopt new methods for sourcing energy supply.

Zenith Energy has drafted new best practices in energy procurement that are driving 10+% savings compared to traditional methods nationwide. The key concept underlying the new standards is that energy is a financial market and the key to savings is financial analytics. The best practices are implemented by following three essential principles:

Analytics: The key to energy savings is to employ statistical analysis to inform energy strategy, forecast market trends and ensure an optimal balance of savings opportunity and budget stability. These tools apply whether procuring energy supply from the market or on-site power generation.
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Alignment:  Organizations should engage finance and contracting teams to support facility directors in making market decisions.
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Aggregation: Working within an aggregated group of organizations brings greater market leverage to drive down supplier margins and obtain access to the best products and contract terms.
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Zenith Energy delivers leading-edge analytics, extensive experience in alignment, and some of the nation's largest energy aggregations to drive 10+% savings for our clients. Whether procuring electricity, natural gas, renewables, or on-site cogeneration, Zenith Energy is the premier energy sourcing company. 

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