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Archive for the ‘Electricity Rates’ 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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Energy Procurement Mistakes You Didn’t Realize You Were Making (& how to avoid them): Mistake No. 1: Not Procuring Proactively

Mistake No. 1: Not Procuring Proactively What energy procurement mistakes have you made lately?  While you may be saying to yourself ‘There are no mistakes I am making,’ the purpose of this series is to address unknown mistakes you don’t even know you’re making. Not too many years ago, utilities in many parts 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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