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Archive for the ‘electricity choice’ Category

The Procurement Professional’s Guide to Negotiating Energy Supply Agreements Part 5: Material Changes

We are now on the final piece in our series on negotiating energy supply agreements – material change language. This wraps up the five-part discussion, which also offered our insights in the other four keys: Payment terms Termination fees Adding and deleting accounts Usage bandwidth Material change language is something of a “catch-all” with regards […]

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Energy Procurement Mistakes You Didn’t Realize You Were Making (& how to avoid them): #2 Missing the Most Competitive Rates

Energy Procurement Mistake No. 2: Missing the Most Competitive Rates We’ve all experienced it: that moment we realize we paid more than we should have. We thought we did our research and negotiated well, but it turned out that someone else got a better deal. If you’ve been getting bids on electricity supply for years, […]

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The Procurement Professional’s Guide to Negotiating Energy Supply Agreements Part 3: Adding & Deleting Accounts

Previously in this series on negotiating energy supply agreements, we covered “Payment Terms” and “Termination Fees” – both of which are very important in structuring a contract that meets the needs of your organization. This installment will discuss the use of “Add/Delete Language.” In the final two installments, we will delve into “Usage Bandwidth” and […]

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The Procurement Professional’s Guide to Negotiating Energy Supply Agreements Part 2: Termination Fees

There is nothing worse than unmet expectations. When procuring energy supply, the expectation is always that you will get the best price. The frustration starts when you think you’ve procured the best price, but because of poorly negotiated contract terms, you end up paying much more. In our initial installment to this series, we investigated […]

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The Procurement Professional’s Guide to Negotiating Energy Supply Agreements, Part 1: The 5 Key Clauses That Must Be Mastered

Part One When procuring goods and services, you understand how important it is to thoroughly investigate all your options. Your budget – and the financial well-being of your organization – depends a lot on the decisions you make. But when it comes to the procurement of energy, the process of evaluating and selecting your supplier […]

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The Definitive Guide to Hiring An Energy Advisor, Part 5: Independence is Key

This article concludes our “Definitive Guide to Hiring an Energy Advisor” designed to assist you, the purchaser, in finding, evaluating, and engaging an energy advisor. Over the past four editions, we have shared our insights into the important elements to consider if your organization is shopping around for advice. If you missed any of the […]

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Ohio electric deregulation on the chopping block?

Utilities in Ohio are working on legislation that would cut back on electricity deregulation in the state in order to help fund power plants that are struggling to stay open with the low-price environment for electricity.  The utilities are looking for subsidies similar to ones in other states, but opponents say that the subsidies would […]

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Wisconsin Manufacturers Call for Retail Choice

Large electricity users are lobbying Wisconsin state regulators to allow for 3rd party electricity competition for the state. Wisconsin currently has the highest electricity rates of any Midwestern state, and is above the US average for all electricity users. Wisconsin regulators began considering electric competition in 1994 but closed the docket in 2000, deciding not […]

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