Breaking Down Demand Response You know those days where the temperature feels like you’re a mile away from the sun and you’re counting on your air conditioning units to get you through the day? Or when it’s below freezing and you’re wondering when...
Assessing risk in your energy spend can be complicated but by understanding what makes up your energy pricing—whether electricity or natural gas —and the factors that influence it, is the first step to understanding how you can mitigate long-term...
In this blog, we’ll give you a foundation for understanding energy procurement in the United States and how it can differ from state to state and between different energy sources. At a high level, there are two types of energy markets serving...
More than just the price you’re paying for the energy you’re using, what makes up your organization’s energy spend is a confluence of three primary factors that interplay with each other. Energy procurement Energy use Managing demand In...
Whether we like it or not, the cost of energy is currently skyrocketing around the world. In August 2022, Americans’ energy bills were the highest they’ve been in over 40 years. According to the U.S. Bureau of Labor Statistics, we have experienced a...
Today, we’re taking a deep dive into the impact of the Inflation Reduction Act on energy procurement for small to medium businesses. In August 2022, President Biden signed the Inflation Reduction Act of 2022 into law. Its main goal was to strip...
Much like your suitcase after a trip away, energy risk management can feel messy. How do you know your strategy for purchasing energy is the right one? How much risk should you weigh? How much time do you have to track the energy market, and...
A reverse auction is a procurement method in which the traditional roles of buyer and seller are reversed, meaning there is only one buyer with many potential vendors. These types of auctions have been employed by both government entities...
The cannabis industry is the fastest growing industry in the country; however, many marijuana businesses face obstacles that make it more challenging to generate a profit. The reality is that this is a highly regulated industry, and those...
Energy is a significant expense for most businesses. Although it may seem like there is little to no control over monthly energy bills, aside from using less energy, there are options. Hiring an energy broker can be very beneficial for a...
Researching suppliers and rates can be very time-consuming. One of the biggest hassles is the amount of time spent writing multi-page RFPs and going back and forth negotiating the best rate with your preferred suppliers in hopes you don’t...
To cut down carbon emissions in Boston’s buildings and transit networks, Boston has begun taking priority steps by producing a “Climate Action Plan”. The plan has laid out several initiatives which the city expects to accomplish in the coming...