Changes in production schedules, equipment, and output can affect energy consumption and purchasing commitments. Managing those costs requires understanding both your supply agreement and the utility charges associated with how your facility uses electricity.
5 reviews your usage, contracts, and operating plans to recommend purchasing and hedging strategies. We also help identify rate issues, assess power factor penalties, and evaluate demand management opportunities with your production and facilities teams.
Energy procurement and hedging: Evaluate purchasing timing, pricing structures, and market exposure based on expected consumption and your tolerance for variable costs.
Contract flexibility: Review product options, volume requirements, and contract terms to account for changes in production and energy use.
Power factor review: Identify power factor penalties, investigate potential causes, and help evaluate corrective options.
Peak demand management: Assess opportunities to adjust electricity use during periods that affect demand-related costs, accounting for production requirements.
Demand response: Evaluate program requirements, potential payments, and your facility’s ability to adjust consumption or use eligible generation.
Predominant use studies: Assess how energy is used within a facility to help determine whether it meets applicable tax exemption requirements.
Sustainability: Help develop, implement, and communicate an ESG strategy that incorporates energy purchasing and facility decisions.
