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Archive for the ‘Energy Deregulation’ Category

Who Owns Energy? Why a Partnership Between Purchasing and Facilities Departments is Vital to Reducing Energy Costs.

who owns energy

More than 20 years have passed since the first U.S. states began to deregulate their energy markets.  This was a milestone that gave energy consumers an opportunity to reduce electricity costs by shopping for the provider with the most competitive rates, rather than simply relying on their local utility company. Currently, more than 15 states […]

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Energy Procurement Mistakes You Didn’t Realize You Were Making (and How to Avoid Them): #3 – Lack of a Proper Procurement Strategy

Energy procurement requires a significantly different process than the procurement of most other goods and services. If you’ve been your organization’s procurement officer for any length of time, this is likely not the first time you’ve heard that. This series on the “Top Energy Procurement Mistakes” seeks to explain why this process is such a […]

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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 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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The Definitive Guide to Hiring an Energy Advisor, Part 1

As a large user of energy, you know that one of the key factors in making smart decisions is engaging the services of an energy procurement advisory firm. We have discussed this importance multiple times in our regular articles. These same articles have touched upon various aspects of the relationship between the energy advisor and […]

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Overcoming Misconceptions Regarding the Use of Cooperatives for Energy Procurement

Savvy energy procurement specialists often look for other options to augment their energy purchasing arrangements. One such option is the cooperative purchasing contract. But before launching a full-scale plan that revolves around a cooperative, you need to ask, “Can I use a cooperative purchasing contract to procure energy, such as electricity and natural gas?” At […]

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