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Spotlight – Explosive Results for Explosives Manufacturer

June 10, 2015

Explosive Results for Explosives Manufacturer

In 2012, a global leader in the explosives industry was seeking an end-to-end energy advisory service to provide a holistic strategy for reducing and controlling energy costs. The client decided to work with 5 based on the experiences of the team and the personal reputation of Todd Clift, 5’s Senior Energy Advisor in Central Texas. As is the case with all new client engagements, 5 took the time to analyze and understand the client’s usage patterns, peak demand, operational needs, and long-term goals.

Not only did 5 create and implement a procurement strategy that has been modified and utilized several times since that first year, but the team also performed a tax audit and found that the client was eligible for a tax rebate after a predominant use study showed that more than 51% of their operations were related to manufacturing. 5 engaged the help of a licensed professional engineer to complete the predominant use study and assisted the client in requesting a refund from the previous four years through the state comptroller.

5 is proud to serve this innovative client with procurement, demand-side management, and other cost-saving initiatives as this industry leader continues to expand and innovate.

5

Written by 5

Founded in 2011, 5 comprises a team of energy innovators, commodity traders, analysts, engineers, and former energy supplier executives. Together, they serve a broad array of private and public sector clients throughout the United States and Mexico, providing strategic advice on energy-related matters including procurement, demand-side management, rate optimization, regulatory intervention, benchmarking, bill auditing, RFP management, sustainability planning services, renewable power, and distributed generation. With an eye on growth, 5 has initiated a number of strategic partnerships and acquisitions, including the 2019 acquisition of Luthin Associates. 5 has been named to the Inc. 5000 list of fastest-growing companies in the U.S. for five consecutive years. The firm has also received numerous accolades and national awards for its corporate culture, leadership and innovation, including 5 consecutive years as a top 10 Best Company to Work for in Texas according to Texas Monthly Magazine.