Buying electricity for your business can be complicated, even for buyers with decades of experience. The purchase of electricity has a number of variables, and many of those variables and cost components change—sometimes quite drastically.
Altogether, your total energy price is dictated by 15 to 30 separate cost components. But those costs come in two basic categories:delivery and energy. Delivery cost changes are typically passed on to the consumer. But you have more flexibility when it comes to pricing your energy supply.
Understanding Electricity Costs
Between 15 and 30 different factors determine what you will ultimately pay for your electricity. The first step to a great decision is to understand exactly what goes into the cost your business pays for electricity.
Balancing Contract Risk and Reward
Whether you are buying for one location or a thousand, it's important that you get a contract with the kind of risk exposure that's right for your enterprise. Only when your energy strategy aligns with your business drivers can you make the best choice possible.
Step 1: Assess
The first step in selecting an electricity plan is gaining a better understanding of your business. We meet with you to understand your key business drivers, risk tolerance and budgetary mechanics, which allows us to build a risk/reward profile that’s as unique as your fingerprint. With this level of understanding, we can help you identify a commercial energy option that is most consistent with your business needs.
Step 2: Price
After we’ve assessed your business drivers and analyzed your options, we generate a proposal with products and prices that are consistent with your company's unique business needs. All of the components of your price are clearly presented—helping you better understand, so you can make a well-informed decision.
Step 3: Refine
Sometimes plans need a little fine-tuning to be truly optimal. That’s why we created the Energy Navigator Product Optimizer. With it, you can explore different cost outcomes in real time as your sales person adjusts elements of your proposal, helping you identify the optimal plan for your company. Because putting you in control is at the heart of the Energy Navigator process.