TPI ENERGY SOLUTIONS

TPI TUG website logo

ARE YOU PAYING TOO MUCH FOR ELECTRICITY?

Electricity costs are one of an organization’s most significant monthly operating expenses. The TPI Efficiency Process™ builds a custom solution to fit your ever-changing needs.

Whether investigating potential savings or mitigating rising costs, TPI helps you find the supplier and contract to fit your needs.

meter
energy bill concept
Electrical substation

What & Why

TPI Electricity Procurement Services Include:

We Know The Importance Of Delivering The Best Customer Experience.

Risk Management

TPI Efficiency offers a comprehensive suite of energy risk management services designed to help businesses navigate the volatility and uncertainty inherent in energy markets. These include: Custom Risk Management Strategies, Managed Energy Purchasing, Continuous Market Monitoring

Supply Rate Negotation

Actively manage and control your energy spend through having supplier choice, contract flexibility, and risk mitigation strategies, rather than being bound to your utility's default rates and terms.

Demand Response

Allows customers to reduce their electricity usage and demand in response to power grid needs, your business will be compensated for your participation.

Renewable Energy Consulting

Purchasing renewable energy (RECs) is critical for most sustainability or carbon footprint reduction strategies. TPI assists companies in navigating the complex marketplace and steers them towards meeting their clean energy goals.

Interested in Carbon-Free Energy?

A Carbon-Free Product, or Emissions Free Energy Credits (EFECs), represents the emission-free attributes generation, which do not directly emit greenhouse gases from combustion.

Our consultants are ready to help you go carbon-free.

Additional Tools:

• Efficiency Audits

• Capital Efficiency Projects

• Market Monitoring and Updates

Energy Savings Testimonials

Electricty Market

Difference Between Fixed Electricity Pricing and Managed Energy

Fixed electricity pricing and managed energy represent two distinct approaches to purchasing and budgeting for electricity. Here’s how they differ:

Fixed Electricity Pricing

  • You pay a set price per kilowatt-hour (kWh) for electricity throughout your contract.

     

  • This rate remains unchanged regardless of market fluctuations, seasonal demand, or external events such as weather or regulatory changes (except in rare cases of new legislation or regulatory adjustments).

     

  • The primary benefit is price stability and predictability, which makes it easier for consumers and businesses to budget for energy costs and avoid unexpected price hikes.

     

  • The downside is that if market prices fall, you remain locked into your higher fixed rate and do not benefit from lower costs.

Managed Energy

  • Managed energy is a broader, more flexible approach that combines elements of fixed and indexed pricing, often incorporating active strategies to optimize when and how energy is purchased.

     

  • Instead of simply locking in a single rate, managed energy programs may:
    • Hedge portions of your energy use at fixed rates while allowing the rest to float with the market.
    • Utilize market intelligence and risk management tools to determine when to purchase energy at fixed or variable rates.
    • Pass through specific cost components (like capacity or transmission) at market rates while fixing others.

       

  • This approach strikes a balance between risk and reward, potentially reducing average costs over time while mitigating exposure to price spikes.

     

  • Managed energy is typically used by larger businesses or organizations that have the resources to monitor markets and adjust their strategies, but some retail providers also offer managed products to smaller customers.

Fixed electricity pricing offers simplicity and budget certainty by locking in your rate. At the same time, managed energy uses a mix of strategies to optimize costs and manage risk, often requiring more active oversight and market engagement.

Electricity Bills: What Every Business Should Know

Several key components determine the cost of an electricity bill. Understanding how these components can change the cost for your business can be the key to optimizing your bill. Therefore, by gaining insight into these cost drivers, you can make smarter decisions about energy usage, procurement, and efficiency investments. 

Breaking Down the Elements of Electricity Pricing 

There are multiple components relating to electricity pricing but the most impactful is the energy supply. Firstly, energy supply pricing itself is composed of multiple factors like usage patterns, weather, and various state and federal regulations. Understanding how these factors and managing these costs can reduce power expenses for businesses. Capacity is another crucial factor in your energy bill. Grid operators design this pricing to meet regional energy demands. Knowing how to manage energy consumption during peak periods can influence your capacity. Utility companies set transmission costs based on the expense of delivering energy to your business. These costs are influenced by infrastructure and regulatory requirements, which does not lead to much flexibility for businesses to optimize them. 

In additionThe RTO charges ancillary fees to maintain grid reliability. Renewable Portfolio Standards are programs that require load-serving entities to use specific amounts of renewable energy. This may lead to higher initial costs to invest in renewable energy, but it can be a long-term investment. Finally, Line Losses refer to the cost of energy that dissipates during transmission. 

Optimizing Your Energy Bill 

Understanding how providers calculate your energy bill allows you to develop strategies. To navigate price volatility, businesses can explore product options that minimize exposure to shifting market rates. These solutions help stabilize expenses and make budgeting more predictable. Additionally, organizations may also choose between locking in at a fixed rate at a single point in time or spreading purchases over a longer period. This flexibility enables companies to strike a balance between cost certainty and market responsiveness, depending on their financial goals and risk tolerance. 

To take the next step toward energy management, TPI offers a free energy audit to help identify cost-saving opportunities in your current setup. This no-obligation assessment gives you a clearer picture of your energy usage and uncovers strategies to reduce expenses and boost long-term performance. Let TPI help you turn insight into impact. 

Looking To Reach your Sustainability Goals?

Green-e® certified Renewable Energy Certificates (RECs) Can Help Your Business Reach your Sustainability Goals.

By purchasing Green-e® certified RECs, organizations can credibly reduce their emissions footprint, drive new renewable development, increase overall renewable energy demand, and demonstrate alignment with leading sustainability initiatives – all verified by a trusted third-party certification.

Benefits & Results

Key Energy strategies

TPI Efficiency optimizes energy consumption through a comprehensive approach that includes several key strategies:

  • Energy Management Services:
    TPI consultants review clients’ energy spend and provide options to optimize facilities’ energy consumption. This involves conducting energy audits, analyzing utility bills, and assessing existing equipment and systems to identify inefficiencies.
  • Data-Driven Insights:
    TPI uses continuous data collection and analysis to identify equipment schedules, setpoints, and flow rate optimizations to improve energy efficiency. Our Insights Consulting service provides data-driven strategies to optimize energy efficiency and asset management.
  • Customized Solutions:
    TPI develops tailored energy management strategies based on each client’s needs and goals. This includes setting energy reduction targets, recommending energy-efficient technologies, and creating long-term energy policies.
  • Implementation Support:
    We assist clients in implementing recommended solutions, such as installing energy-efficient equipment, optimizing existing systems, and implementing energy management software.
  • Ongoing Monitoring and Optimization:
    TPI provides continuous support to ensure the effectiveness of implemented strategies by tracking energy consumption and costs, analyzing performance data, and making adjustments to improve results.
  • Technological Solutions:
    TPI offers various technological solutions to optimize energy consumption, including:
    • LED lighting upgrades, which can significantly reduce kWh usage
    • Advanced HVAC solutions with intelligent building management systems
    • Power quality electrical control systems that recycle otherwise wasted power and optimize voltage throughout the facility
  • Demand Response Programs:
    TPI helps clients participate in demand response programs, allowing them to reduce electricity usage during peak demand periods and create additional revenue streams.
  • Renewable Energy Integration:
    TPI provides consulting services for integrating renewable energy sources, such as solar and wind, which can help optimize overall energy consumption and costs.

By combining these strategies, TPI Efficiency helps clients achieve significant reductions in energy consumption, often resulting in substantial cost savings and improved sustainability performance.

Trusted Partners

With access to over 150 suppliers and decades of experience, we help organizations reduce operating costs, improve efficiency, and achieve environmental goals through tailored strategies and objective advice. TUG’s longstanding presence in Cincinnati and Dayton, paired with TPI’s established operations in Cleveland, means we now offer our clients an even broader geographic reach and enhanced resources.