NY's Peaking Plant Problem
In 2019, the New York State Department of Environmental Conservation (DEC) adopted a regulation to...
5 takes a comprehensive approach to reviewing and implementing an energy management strategy that includes procurement, demand-side management, sustainability, and resiliency. In addition to the normal suite of services provided by 5, banking clients have unique energy-related needs and opportunities associated with their operations that require a higher order of expertise. At 5, we assign a team of subject matter experts to help banking clients capitalize on potential opportunities while also limiting their exposure to risk.
Depending on their specific operations and location, banking clients may benefit from the following services:
• Unique hedging strategies
• High meter count portfolio management
• Smart meter analytics
• Bill consolidation and payment
• ESG strategy creation, implementation, and marketing
There are many types of clients in the banking industry that 5 currently serves including large banks with hundreds of branch locations and ATMs, commercial banking institutions, lenders, and trading organizations. 5’s client base in the banking industry includes well-known brands atthe local, national, and international levels, each supported by a team of specialized analysts and advisors from 5 with the right combination of technical and operational expertise to offer best-in-class solutions.
When banking clients work with 5, a robust energy strategy becomes a strategic business advantage.
Contact Us to learn more.