USE A PROFESSIONAL CONSULTANT / BROKER
There are many components in an energy price and a variety of ways that a supplier can choose to lock, pass through, or subject them to changes during the contract term. The calculations of one supplier can differ from another for the same product. When it comes to commercial, industrial, and institutional price quotes, getting an apples-to-apples comparison can be a real challenge, and choosing a consultant to assist you is a wise decision.
Using a professional consultant/broker is actually one of the keys to getting your best price because suppliers understand they will be competing against other bids. If you’re working directly with energy suppliers yourself, the lack of competition can end up costing you more. The relationships that Broadleaf maintains with energy suppliers allows us to bring you competitively priced offers. It’s in the interest of the supplier to provide brokers with competitive pricing for two reasons. First, suppliers receive a very large amount of their business from the broker model–they depend on brokers, and second, if a supplier does not remain competitive, then a broker may cease to include the supplier in future bids.
BROADLEAF GOES TO WORK FOR YOU
When you work directly with electric suppliers, the representatives quoting you are working on behalf of their companies. When you partner with Broadleaf on the other hand, we work on your behalf with suppliers. Also, we can assist you in avoiding certain suppliers, or certain contract terms. An experienced consultant/broker can bring a wealth of intelligence to the supplier selection process.
Switch rates denotes the percentage of medium-sized commercial customers in a particular state who have opted for electric supply from a company other than the default regulated utility. Each state varies in its designation of medium-sized.
MI: A maximum of 10% of Michigan load is available for electric choice in the limited program.
TX: ERCOT Texas has a mandatory supplier selection program for all customers.
OR: Direct Access statistics for Oregon is limited to PG&E customers.
CA: California Direct Access participation is limited to 13% of state’s total load and is awarded by lottery.
RETAIL ELECTRICITY PRICING
How does fuel mix affect futures?
This is a question that your energy procurement partner should know the answer to among many others. The future of energy is changing the dynamics of what was once simple “fixed” or “indexed” pricing. The fuel mix, the customer’s capacity obligations, ongoing infrastructure changes, demand management and many other elements play into the decision process where expertise is now mandatory. A trustworthy expert will help maximize your savings potential.
NATURAL GAS SUPPLY
The future of gas is changing.
This infographic tells a great deal about the shift in the natural gas market. With the adoption of hydraulic fracturing, much more gas is now available. How does that play into pricing? That will depend on a number of factors. Your partner needs to know the markets, the pipelines, the news, the politics, the industry, the weather, and more in order to be an effective buyer. Let Broadleaf assist with your natural gas purchasing decisions.