Electricity and natural gas suppliers change their position in the market on a daily basis, so their prices change every day. If you want to see the lowest price on the energy market, the only certain method is to get every viable energy supplier to bid for your business.
So the question is: how can a company get every supplier to participate with minimal effort and resources? The answer: Use The Energy Exchange℠, our online reverse auction process.
With our 2-step auction process, we consistently get 10-15 electricity suppliers and 4-8 natural gas suppliers competing for your business in a highly-competitive environment.
Since January of this year we have held a successful auction almost every business day – resulting in contracts being signed with 21 different suppliers. It’s interesting that fewer than 10% of these contracts were awarded to the incumbent supplier, which underlines the need to involve every viable supplier, since any of them might win.
Thanks to favorable market conditions and our hyper-competitive auction structure, we’ve saved our clients more than $3 million dollars in energy costs since January 2016.
That’s advantage of working with Applied Energy Partners:
- 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.
- We know 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.
- We know HOW to buy. We help you avoid the landmines in contract language, regulatory changes, tax exemptions, and billing errors.
With our process, you see every available price and gain valuable insights into the key issues of energy procurement – all with minimal investment of your time.