The energy procurement problem energy buyers face is trying to minimize costs while energy suppliers are incented to maximize margins.
This process is further challenged because the energy supplier has significantly more market knowledge in comparison to most buyers. Century Energy Solutions levels that playing field by bringing 100 years of experience on the supply side of the equation to the customer side of the table.
Century Energy Solutions is widely recognized for establishing the best overall energy solution for its clients. Our approach is to become an extension of our client’s staff, developing a comprehensive interest in the needs of the business as a whole.
How Century Energy Secures the Best Price/Risk Balance
Clients often ask how Century Energy is able to find a better energy price and the right risk balance. Combined, the Century Energy team has 100 years of market intelligence and experience on the supply side of the energy transaction. Century Energy maintains a solid understanding of the differences between competing offers from multiple suppliers and the risk/reward balance among them. We review a complex purchase and separate it into the comparable cost and risk components to create clarity for our clients.
Commodity Electricity
- Fixed Full Requirements
- Block and Index
- Layered Index
- Shaped Block
- Hourly and/or Daily pricing
Commodity Gas
- NGI Index
- NYMEX Settle Index
- NAESB based transactions
- Fixed Pricing
Demand Response
- PJM and ComEd run programs
- Voluntary
- Subscribed Capacity
Demand Response
Sometimes the demand for energy outpaces the grid’s ability to supply it, often leading to brownouts or rolling blackouts.
Instead of building more generation stations to produce energy which is only needed for a few hours each year at great expense to consumers and the environment, grid operators can offset the temporary imbalance by paying consumers to reduce the amount of electricity consumed during the few hours each year that demand exceeds supply.
Demand Response can be very financially rewarding for all sorts of organizations.
We have partnered with some of the leading providers of demand response programs, and would love to explore whether this program can work for your business.
Renewables
Many companies are looking at renewable energy for cost savings, stability against volatile fossil fuel prices, improved brand image and customer loyalty, meeting internal sustainability goals, and compliance with regulations, all while fostering long-term environmental responsibility.
If your business is interested in exploring renewable options, we can help!
Cost Forecasting
Cost forecasting is crucial for informed decision-making.
Energy can be one of a business’s largest expense items. Our team can help forecast what has become a complicated, ever-changing, significant expense for your business, so that you can focus on
running your business.
