ReCommunity is the largest pure-play recycling company in North America, with 29 facilities in 14 states. They have been a satisfied client since 2013.
They were interested in purchasing a new electricity supply contract for 3 facilities – each operating in a separate utility area in Pennsylvania and New Jersey. And they wanted to incorporate a small percentage of green power.
We conducted three concurrent auctions – one in each utility area – with varying terms and varying percentage of green power. There was fierce competition in each auction, with 16 Suppliers bidding in PECO, 12 in PSE&G, and 12 in JCP&L.
The outcome was extraordinary: A brand-new Supplier, who was ultra-aggressive in pursuit of market share, significantly out-bid the field offering 100% Firm Fixed Green Power Contracts for all term lengths at zero premium with 100% bandwidth to sweeten the pot.
In total, ReCommunity saved more than $460,000 over the 3-year term of the contracts.
“We have been working with Applied Energy for the past 4 years achieving amazing savings and even better customer service. Applied Energy has provided timely market updates and buying recommendations allowing us to contract when markets are at extreme lows.
Recently we contracted across 3 different states and utilities securing significant savings, within a seamless reverse auction process with minimal effort on our part. Applied Energy has proven themselves time and time again to be focused on providing quality service and maintaining a great partnership with ReCommunity. “
Director of Operations