Energy Procurement
Deregulation of energy markets has opened up unique opportunities to purchase electricity and natural gas from competing suppliers, allowing companies to lower costs and reduce overall risk exposure.
However, because every state has differing policies regarding procurement and there are numerous variables that drive energy costs, detailed analysis and management of the energy procurement process takes expertise, time, and resources. Neuwing understands the complexities of deregulated energy markets, and we have a proven track record of executing on behalf of our clients’ procurement needs.
What We Do
- Define your energy usage goals and constraints
- Identify candidate facilities based on regional or state policy
- Analyze specific energy usage patterns to develop a clear picture of your energy needs now and moving forward
- Identify and pre-qualify all viable energy suppliers based on their ability to serve your needs
- Prepare and deliver a formal Request for Proposal to qualified suppliers
- Analyze supplier responses and negotiate contracts on your behalf with the best terms and conditions possible
How Our Clients Benefit
- Maximized cost savings: Neuwing has deep industry knowledge as well as critical insights into energy markets, allowing us to arrange for the most competitive rates in the industry.
- No cost, no penalty policy: Neuwing contractually guarantees that there will never be any out-of-pocket costs associated with your participation in an energy procurement program.
- Business-first approach: Neuwing’s client-centric approach means that our experts will help you determine the most appropriate energy procurement strategy to address your unique business constraints.
- Increased visibility: Neuwing’s methodology and reporting enable your business to create accurate forecasting budgets that will allow you to predict your energy expenditures over time.
We assist our clients by securing lower utility prices in deregulated markets and identifying the most appropriate rates and tariffs in regulated markets to reduce overall energy spend. Our energy experts will work with you to develop a detailed load profile, providing greater insight into the factors driving your energy usage. We contact potential suppliers to create a competitive bidding process, educate our clients on the available contract options, and ultimately select the supplier and contract that best fits the identified requirements. The local utility still delivers the electricity, services the lines, and renders the bills, leaving you with essentially the same service, usually at significantly reduced rates.
Our team will guide you through the steps necessary to choose the right energy supplier. This includes:
- Objectives Definition: We work with you to clarify what you want in an energy solution, whether it is price stability, lowest cost, or green and renewable options.
- Program Education: We demystify the electric industry and help you learn how to manage your energy costs. Our experts will guide you through energy usage patterns that drive up energy expenses, including overall electricity usage levels, consumption patterns and time frames, futures markets for electric supply, terms and conditions for supply contracts (length in years/months), and much more. Our goal is to put the knowledge and the data in your hands to drive down costs over time.
- Analysis & Trend Research: We analyze the last 15 months of usage data to develop a clear picture of your needs now and moving forward. We then identify and pre-qualify all viable energy suppliers based on their ability to serve your needs. We will also correct any overcharges and ensure they are credited back to your account.
- Contract Fulfillment: We will prepare a formal Request for Proposal (RFP) with all necessary information and invite suppliers to participate in a formal bid process. Our team will analyze and evaluate the bids to identify the most cost-effective contract that meets your requirements, and then negotiate a contract on your behalf with the best terms and conditions possible. After vendor selection is complete, we will work with the supplier and you to ensure all required steps have been taken for physical delivery to begin at contract inception.
- Predictive Budgeting: We can help you to create accurate forecasting budgets that will allow you to predict your energy expenditures over time.
For more information on our energy procurement services, contact us today!



