Long-term vendor relationships are sometimes difficult to challenge – it may seem easier to maintain the status quo. However, energy procurement is one area where a change in vendors can result in major savings.
We recently had the opportunity to compete head-to-head with the legacy energy broker at Wolfe Dye & Bleach Works, Inc., one of the oldest family-owned businesses in the country, and a leader in the custom dyeing and finishing of textiles.
Applied Energy Partners is the energy provider for The Northeast PA Manufacturers & Employers Association (NEPA MAEA), of which Wolfe Dye is a member. Wolfe’s management team had heard about The Energy ExchangeSM, our proprietary procurement process, and they challenged us to beat the prices obtained by their current long-term broker.
The broker was given an opportunity to present its best price, and then we went to work. Ten suppliers competed head-to-head in our two-stage bidding process.
In total, we saved Wolfe Dye & Bleach Works, Inc. $170,000 over two years.
Ann Salzberger, Controller and HR Director of the company said of the process, “We were pleased with their work to get us the lowest quotes, the range of suppliers, their honestly about commission, and the presentation of choices.”
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.
It might be time to evaluate your legacy vendors and identify opportunities for savings.
Please contact us at 484-324-8010 or firstname.lastname@example.org to learn more about how we can help you lower your energy costs and increase your use of green power with little-to-no additional premiums.