EnerNOC Exchange™ is a proprietary, reverse-auction platform that simplifies the commodity procurement process, and helps customers discover the most competitive offer for their energy needs. Click on the link to the right to gain access to the EnerNOC Exchange Site.

How EnerNOC Exchange Works

		The process begins with EnerNOC reviewing historical consumption data with the customer, in order to establish the desired procurement package.
		Suppliers are then invited to participate in an online auction for this package, and are granted access to the customer’s detailed usage information.
		When the auction begins, suppliers log into EnerNOC Exchange to review existing bids and offer their own bids, in an anonymous and supplier-neutral environment.
		As the auction progresses and the bids come in, the customer can see, in real-time, how competitive bidding drives down its energy costs, as illustrated below.
		Once the auction is complete, the customer compares the bids it has received to its preferred contract terms, and chooses the most favorable provider – typically on the very same day.

EnerNOC Exchange Benefits

		Simple: With EnerNOC Exchange, no need for complicated paper RFPs, or for complex hardware or software integrations. Simply log in to the auction site, and watch suppliers bid for your business in real-time. EnerNOC takes care of the process and the technology, freeing you to focus on your core activities
		Competitive: Unlike the traditional RFP process, bidders in an online reverse auction compete dynamically to bring you the best possible value. With EnerNOC Exchange, you can now enjoy the benefits of a competitive platform which was previously only available to large energy users.
		Efficient: Reverse auctions are well-known as an efficient price discovery mechanism. Once all of the bids are in and the auction concludes, you can choose your provider on the spot, reducing the decision making process by days or even weeks.

Amid the complexity and confusion that surrounds competitive energy procurement, EnerNOC Exchange stands out as a highly efficient and effective method for discovering and securing the most competitive offer. The result is greater transparency into price drivers and better cost management decisions.