2020 Energy Insights Today in our new 2020 energy insights series we explore MWh recommendations for effective budgeting and forecasting. Over the past 25 years, we have worked with customers as you try to navigate and manage your energy costs and usage. During that time, we’ve seen as many different approaches to budgeting and forecasting […]
Forward Curves: Why they matter to energy cost managers Updated: September 27, 2019 Forward curves and the insight they can provide should be an essential decision making tool to any energy manager. Unfortunately, due to the opacity of energy markets and the energy industry, decision makers rarely have access to their own set of pricing and […]
An understanding of the status of NY Energy Markets (both energy and capacity) is essential to planning and managing energy costs. Both short term and longer-term forward prices impact customers as you plan your budgets and forecast your costs. Why focus on power and capacity? While, electricity supply costs are comprised of a range of […]
As we look back on the major energy trends: 2018 , we see 3 significant issues to watch. What are these energy cost management trends for 2018, and what do they mean to you? 1. Energy Trend 2018 – Return of market volatility Market volatility returned to forward and day ahead markets at the start […]
You. Yes, you, are sitting on an absolute gold mine of information. You have the ability to drive real energy cost savings from your utility data. You just need to know where to look. What kind of utility data holds the key to energy cost savings? You can find ways to deliver low cost, high […]
If you read 1 article about C-suite energy analytics, make it this one The energy industry is undergoing dizzying changes. New technology, market complexity, shifts in the regulatory landscape, changes in cost-structures, demanding customers weigh on the C-suite. Executives must focus on profitability, customer service, and cost management. Pressures on the C-suite are substantial: find innovative ways to […]
Last week we ran an online introduction to energy budgeting called Energy Budget Planning: 3 Insights Every Manager Should Have. During the 30 minute course, we discussed the key challenges that all managers face when planning their energy budgets. Issues like: time constraints, lack of access to data, management expectations. In addition, we described the importance […]
Your energy budget: Forecasting and planning best practices What is the best way to plan your energy budget? When we’re asked that question, we are reminded of the quote attributed to Abraham Lincoln: “Give me six hours to chop down a tree and I will spend the first four sharpening the axe.” ― Abraham Lincoln Most customers […]
The Cost-Benefit of Energy Information Building owners and energy managers often ask us about the cost-benefit of energy information and quality energy analytics. We have our own client experience from which to draw. Also, we have summarized information from the U.S. Department of Energy (DOE). In addition, we have reviewed information from a study conducted by global […]
Access to your own energy cost model makes a huge difference to businesses today. With this information, you can more accurately plan and manage your budgets and costs. Without it, you’re flying blind. You need access to a forecast of supply and delivery costs to plan and manage your business. Don’t settle for less. In this post, we […]