Energy Procurement Best Practices
For businesses that have facilities in states that have unbundled utility services, they have the option to source either natural gas or electricity supply from non-utility entities. In other words, they can buy natural gas or electricity from their suppliers of choice. Businesses need to incorporate energy procurement best practices to get the best energy supply deals that optimally align with their objectives.
The act of buying natural gas or electricity is energy procurement. Foster LLC provides energy procurement services.
They are multiple facets to energy procurement regarding natural gas, electricity, and even demand response. This category page includes posts with insights into all things energy procurement.
Based on my experience, many businesses pay their natural gas and electricity supply invoices or utility bills without doing an energy bill audit. But who can blame them? It takes…
Are You Ready to Challenge Your Knowledge about Pennsylvania Natural Gas Brokers? As a supplement to the post Pennsylvania Natural Gas Broker: Six Warnings About Using One, below is a…
Pennsylvania Natural Gas Broker: Six Warnings About Using One
Are you trying to find a Pennsylvania natural gas broker, thinking that they get will your business get the best natural gas supply deal? It’s great that you realize you…
A Key to Top-Notch Energy Procurement: Avoid Biased Energy Buying “Advice”
Energy Procurement Recommendations Loaded with Hidden Agendas I consistently find that energy consumers base their decisions on how to buy energy on recommendations from energy suppliers or energy brokers. They…
Natural Gas Supply Chain Cost Leakage Expanding Despite Production Surge & Basis Price Erosion
Natural gas supply prices, and more specifically, "basis" prices, are in decline, a function of a continued surge in domestic production. This is great news for consumers. Yet, cost leakage…