As Ohio faces one of the largest electricity supply rate hikes in recent history, TPI Efficiency’s energy team empowered our biggest and best customers to sidestep these unprecedented cost surges through proactive, customized strategies.
Strategic Energy Procurement and Risk Management
TPI’s Energy Desk combined demand response participation, strategic load management, and competitive procurement to shield its largest customers from unprecedented capacity cost increases, delivering substantial savings and operational stability. This multi-pronged approach protected clients from market volatility and positioned for long-term budget certainty.
- Demand Response Participation: By enrolling clients in demand response programs, TPI enabled them to reduce usage during peak periods, generating additional revenue streams and lowering exposure to peak pricing7.
- Strategic Load Management: TPI’s experts analyzed usage patterns and implemented load management strategies, optimizing when and how energy was consumed to avoid costly peaks and minimize capacity charges.
- Competitive Procurement: Leveraging their vendor-neutral platform and access to over 150 suppliers, TPI secured the most favorable contract terms and pricing for each client, blending fixed and variable rate structures to maximize savings and flexibility.
Proven Results: Real Client Success Stories
- Clients who adopted TPI’s managed energy approach were able to secure a significant portion of their load at historically low rates before the recent surge and then opportunistically purchased additional energy at even lower prices as market conditions allowed.
- For example, one client locked in half their load at a fixed rate and captured the remainder at a much lower market rate, saving over $0.02 per kWh compared to a traditional fixed contract.
- Another client’s tailored purchasing plan—locking in 100% of their needs during volatile periods while riding the market during stable months—delivered $41,000 in savings over a fixed-rate alternative.
Comprehensive, Vendor-Neutral Support
TPI Efficiency is an extension of each client’s team, providing ongoing account management, continuous market monitoring, and education about industry trends. This ensures that clients always have the latest insights and options to optimize their energy spend.
The Bottom Line
While many Ohio businesses and municipalities are now grappling with electricity rates that have nearly doubled, TPI Efficiency’s forward-thinking strategies—anchored by demand response, strategic load management, and competitive procurement—have allowed our largest customers to maintain budget certainty and avoid the brunt of these historic increases. That’s the power of having TPI Efficiency on your side—solving tomorrow’s challenges today.