Procurement & Risk Management

Procurement & Risk Management

Energy procurement is one cornerstone of any organization’s energy management plan. Procuring energy effectively is becoming more complex as new laws are issued and new energy sources come in to play. Entities can now economically purchase, traditional grid power, certified “carbon free” power, or power from a variety of renewable energy alternatives.

Before executing any purchasing strategy, it’s important to understand the market, identify your energy needs, and evaluate pricing options. Premier Power Solutions guides clients safely through these important steps.

Procurement Options for Cost Reduction & Risk Mitigation

Each of these procurement strategies hedges against inherent uncertainties; each carries a different type of risk.  Whether you are purchasing traditional grid power, certified “carbon free” power or power from a variety of renewable resources, any of these procurement strategies can be employed, albeit in slightly different ways dependent upon the source of your power purchase.

Fixed Price

There are many ways to reduce your facility’s energy usage through efficiency projects.

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Block and Index

With this strategy, your energy in the block is billed at a fixed price and any energy used above the...

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Hedging

This strategy strikes a balance between price certainty and the opportunity to take advantage of price...

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Renewable Energy Credits

Premier Power Solutions can also help you offset the energy you use with Renewable energy credits, or...

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Executing Your Strategy

Premier Power Solutions’ proprietary technology, coupled with our deep market expertise, allows us to secure the best pricing and terms available for our wide range of industrial, commercial, and institutional customers. As a Premier Power Solutions client, you receive real-time market intelligence, gathered and interpreted by a dedicated team of experts whose primary focus is to help you execute on the best energy buying strategy for your business.

Let’s get stared.