Energy Procurement
Energy procurement is our core service. At GridSmart, we provide energy procurement advisory services – assisting large end-users of electricity and natural gas to design, implement and manage customized purchasing strategies.
Unlike many of our competitors, we conduct a comprehensive analysis of each client’s consumption profile, geographic market dynamics, budgetary requirements, risk threshold, and other factors.
We pay attention to the full spectrum of price drivers, including:
- historical consumption
- retail/wholesale prices
- load factor
- infrastructure upgrades and their impact on generation and transportation markets
- client-specific data and information on future use
This enables us to tailor a procurement strategy to each client’s specific circumstances, rather than forcing you into a “one-size-fits-all” approach.
Think our customized approach costs more? Think again.
Unless the customer requests otherwise, there is no out-of-pocket expense for GridSmart’s energy procurement advisory services.
We have an established process by which we collect data and information and then structure a Request for Proposals (RFP) to be issued to licensed suppliers in your market. Multiple bids are solicited and the lowest priced supplier is awarded the contract, as long as they meet the credit and contract language requirements set by GridSmart and the customer.
