The Energy Procurement Process

A step-by-step guide

EPEX provides all of the consulting services
necessary to implement a comprehensive
energy procurement strategy:

• Acquisition and review of historical usage data
• Creation of an electronic database of usage and cost data
• Development of a procurement strategy based on the client’s purchasing goals
• Continuous evaluation of energy commodity markets
• Advice on commodity market timing and setting of commodity price triggers
• Bid recommendations
• Competitive bid solicitation and bidder screening
• Development and administration of an electricity bid request
• Supplier bid review and feedback
• Financial analysis, risk evaluation, and contract negotiations with bidders
• Construction of favorable contract terms and conditions
• Monthly review and verification of the accuracy of supplier and utility bills
• Development and refinement of energy budgets
• Quarterly energy reports showing actual costs as compared to regulated utility rates and the prior year’s cost.

Expertise is what brings these services together, and makes them work for you.