Energy Purchasing
Reduce energy price risk through smart sourcing
The energy purchasing team at Sieben Energy Associates (SEA) assesses electricity and natural gas purchasing opportunities, constructs detailed energy budgets and forecasts, and evaluates bids from a number of licensed suppliers. We can also provide you with information and pricing about "green power," or Renewable Energy Certificates (RECs). If your facility is not being charged within the appropriate rate class by your utility, we offer utility rate optimization.
SEA has served a number of clients over the years, helping to secure electricity and natural gas transactions totaling hundreds of millions of dollars. We work closely with our clients to structure contracts that are in their best interest and minimize supply-side energy expenses. While nobody has a crystal ball to predict changes in the energy markets with absolute certainty, we have a track record of helping clients successfully weather the most volatile periods.
Over the past decade, many states have moved to deregulate their electricity and natural gas markets. Some or all customers in such states have the opportunity to purchase their energy from a variety of competitive retail electric suppliers; they are not required to buy it at tariff rates from their local utility. States that are deregulated to some extent include Illinois, California, Texas, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New Mexico, New York, Ohio, Pennsylvania, and Virginia, among others. SEA has experience in nearly all deregulated markets in the U.S.
Across all of our service lines, we act solely on behalf of our clients—always. We are not affiliated with any particular utility or energy supplier. We review pricing proposals and break down costs over the life of the contract, providing our clients with a clear and concise apples-to-apples comparison of all the offers so that they can make an informed choice.
Increasingly, organizations of all sizes are turning to green power as a means of encouraging the production of renewable energy and boosting their own sustainability credentials. Green power prices are particularly attractive right now in many U.S. markets. RECs are a great option for building owners or contractors seeking credits for LEED Certification as well as for businesses targeting the reduction of their carbon footprint.
Our energy purchasing team delivers the following three services: