Country Meadows owns and manages 11 retirement communities throughout Pennsylvania and Maryland. In mid-2016, we conducted electricity procurement auctions for four of the facilities – each one in a different utility area – MetEd, PPL, Potomac Edison, and WPP.
We ran a variety of pricing options through The Energy Exchange, our proprietary reverse auction process. These options included pricing by utility and as an aggregation with and without 10% green power.
The best results were obtained by aggregating the three PA facilities and running MD separately. Two different Suppliers won the business. The Client elected to sign a 36-month contract with 10% green power at a modest premium (<$3,000).
Combined savings totaled $682,000 over the 3-year contract term – an average of 19% savings over the prior contract.
That’s the advantage of working with a professional energy consultant, instead of just a broker. We know:
- WHEN to buy. We track energy market trends every day, and we advise you how and when to use the trends to your advantage.
- WHERE to buy. We know the strengths and weaknesses of every energy supplier in your area, and our proprietary auction process creates intense head-to-head competition among them.
- HOW to buy. We help you avoid the landmines in contract language, regulatory changes, tax exemptions, and billing errors.
You’ll see every available price and gain valuable insights into the key issues of energy procurement. All with minimal investment of your time.
Please give us a call to see how we can save you money and make your job easier!