Initially, the customer bought all their energy when prices were high (see arrow on the graph). But with a managed energy strategy, they could’ve saved big bucks! They could’ve avoided overspending by over $100,000 by purchasing at lower prices later on.
CLIENT SUCCESS STORIESTPI EFFICIENCY + MANAGED ENERGY STRATEGIES
The Challenge:
Strategizing energy purchases in today’s market can be an enigma. With prices swinging due to supply, weather, and global politics, timing is everything.
Discover how TPI is revolutionizing energy procurement for businesses like yours!
Consider adopting a managed energy strategy with TPI Efficiency. Our expert consultants will guide you through the market landscape, helping you invest in energy at the most opportune times.
With dedicated client account managers, we monitor your load and risk profile closely, tailoring purchasing strategies to meet your objectives.
Why choose our Managed Energy Strategy?
The managed energy product allows organizations to cost-average prices to ensure your purchased energy is aligned with your company’s risk tolerance and goals. Participants may secure any portion of their load based on market conditions, providing flexibility while avoiding a one-time energy purchase.
Following are some success stories of TPI customers involved in our managed energy product:
Real-life Scenario #1:
HOW A MANAGED ENERGY STRATEGY WOULD’VE HELPED:
TPI’s approach stops companies from putting all their energy eggs in one expensive basket. Instead, it allows them to seize better market rates, staying below a set maximum price and closer to an agreed-upon target.
Real-life Scenario 2:
This customer played it smart. They locked in half their energy load at a fixed rate of $0.04499 per kWh to hedge against winter price spikes. But here’s the kicker – they took advantage of cheaper prices later, nabbing the remaining 50% at just $0.02245 per kWh.
By not going all-in with a fixed rate, they pocketed over $0.02 per kWh savings.
HOW TPI’S MANAGED ENERGY STRATEGY HELPED:
With TPI’s managed strategy, customers can play the market strategically. By securing part of their load at a fixed rate, they cushion themselves against seasonal price hikes.
Meanwhile, our expert account managers keep a close watch for better deals, ensuring savings that wouldn’t be possible with a 100% fixed rate.
Real-life Scenario 3:
Here’s an intelligent move by another one of TPI’s clients: they opted for a managed strategy to handle risk and tap into the index market’s potential.
With TPI’s guidance, they crafted a savvy purchasing plan: keep things steady during shoulder months but snag deals during the volatile summer and winter seasons. They locked in 100% of their energy needs for those peak periods while leaving the rest to ride the market wave.
HOW TPI’S MANAGED ENERGY STRATEGY HELPED:
The customer balanced risk and market exposure thanks to our managed energy strategy. Our consultants pinpointed the perfect times to buy, maximizing their savings.
And guess what? This strategic approach scored them a whopping $41,000 in savings compared to a fixed-rate deal. Now, that’s intelligent energy management!
OUR CUSTOMIZED APPROACH:
At TPI, there’s no “one-size-fits-all” approach. We believe in tailoring our process to fit each customer’s specific needs. Our expertise lies in designing solutions that bring accurate, measurable results.
We’re at the forefront of revolutionizing energy spending in deregulated states. Through tangible savings, transformative solutions, and personalized service, we’re helping organizations like yours optimize their energy usage.
More Client Success Stories:
TPI EFFICIENCY + AN INTERNATIONAL AIRPORT CLIENT
A fast-growing international airport was looking to upgrade existing, dated fixtures to LED lighting without any capital investment.
TPI EFFICIENCY + A LARGE CHURCH COMPLEX
A church, built in 1885, was looking to update its lighting – both interior and exterior – to reduce its energy costs and to keep its outdoor spaces well illuminated.
TPI EFFICIENCY + SPORTS COMPLEX WITH SIX LOCATIONS
Our client was in the market to reduce operating costs for six indoor sports complex locations.
TPI EFFICIENCY + A LARGE MANUFACTURING COMPANY
A large manufacturer in the building industry, is dedicated to converting the building products industry from its uninspiring past to a dynamic and sustainable future.
TPI EFFICIENCY + COMMERCIAL REAL ESTATE DEVELOPMENT ORGANIZATION
For over 30 years, this commercial real estate development corporation has been responsible for successfully developing, leasing, and managing over $400 million of office buildings throughout the mid-Atlantic area.
TPI EFFICIENCY + NATIONAL HISTORY MUSEUM
Our client is a museum exhibiting historic transportation equipment, located on the East Coast.
TPI Services:
Energy Commodity Solutions
· Managed Contract Negotiation
· Cost/Risk Management
· Utility Bill Audits
· Rebates and Rider Exemptions
· Capacity Tag Management
· Demand Response Solutions
Renewable Energy
· Solar, Wind and Hydro Options
· Green E-RECs
· VPPA Development
Sustainability Planning
· Strategic Planning and Advising
· Scope 1 and 2 Emissions Strategies
· Renewable and Low-Carbon Solutions
· ASHRAE Level Assessments
Building Management Solutions
· Energy Monitoring
· Building Envelope
· HVAC Systems
· Ventilation Systems
· Water Systems
Electrical Solutions
· LED Lighting
· Power Quality
· Power Surge Control
· Meter Aggregation
· Transformers/Substations
· EV Charging
Project Funding Support
· $0 Down and Pay-as-you-go Financing Options
· Equipment Leases/Consignment
· On-Bill Funding
· Grant Writing
· Return on Investment Analysis
· Rebate Processing
