Energy Procurement (Electricity & Natural Gas)
Energy markets are complex because they combine three different aspects of power. First, there are the Power Generators. These are companies that generate electrons, or in the case of natural gas, operate the wells. Second, there is the Transport System that delivers power or gas to market. In electricity this is called the transmission grid, and in gas markets it is referred to as midstream operations. Finally, the energy needs to be delivered to your facility. Delivery is provided by the Distribution Utility for both the electricity and gas markets.
For virtually all the country, the transport and delivery companies are monopolies because they own the actual wires, transformers and pipes that require very large capital investments, and firms would never make such investments if their market wasn’t protected to some degree. Conversely, power generation and natural gas production are open and competitive markets. You can buy your electricity or natural gas from a selection of producers who are connected to the transport monopolies.
This means you can price shop and purchase the energy commodity (electricity or gas) from whoever provides you the best deal. Even though these markets have been deregulated for decades, most businesses still purchase their energy from the default, or local, distribution utility. That means most companies are overpaying for their energy.
Exergy utilizes an automated energy auction platform that has 30+ energy suppliers compete for your business. Through this process you will get the best overall value. Most of our clients save 10% to 20% on their energy spend.