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Energy Services Procurement Strategy
Case Study
Food Manufacturer
Reduced Energy Costs by 15% with Energy Procurement Strategy
Concord Energy Services (CES), a division of Concord Engineering Group, worked with a multi-state food manufacturer to evaluate and optimize its energy procurement strategy. The approach included competitive supplier bidding, contract negotiation, and risk management strategies designed to balance price stability with market opportunity. CES reduced the manufacturer’s energy costs by approximately 15 percent.
The Concord Difference
CES provides energy advisory and commodity consulting services that help large energy users reduce market risk and improve procurement decisions. CES works exclusively on behalf of its clients, rather than energy suppliers, to ensure objective recommendations are focused on lowering costs and improving financial performance.
The Challenge
- Control energy costs across three plants located in three different states
- Replace inconsistent purchasing strategies and contract timing
- Develop a long-term energy procurement solution that can adjust to market pricing volatility, limited supply, and increased demand
Concord Energy Services Solution
- Conducted a comprehensive analysis of electricity and natural gas use across all three plants
- Implemented a strategic procurement plan focused on timing of energy purchasing, optimal contract length, and identifying the most competitive suppliers in each market
- Negotiated customized supply contracts tailored to each location