Spotlight: Energy Procurement

Tackling energy costs means being smarter about how you buy energy. EnerNOC provides businesses with reliable energy procurement decision-making software and support including load and financial analyses, market trend monitoring, supplier negotiation, risk assessment, and strategic advice. These businesses rely on EnerNOC to guide them through the complex competitive supply market to meet their individual procurement needs.

Boston Properties

The EnerNOC professional services team provides a great education, with ongoing tutorials on what’s going on in the industry and the factors that can impact our pricing in the future. Before I had EnerNOC, I had to search the internet and numerous publications and it took me a lot of hours to do that. Now, EnerNOC feeds me all the right information, allowing me to do all my other jobs and keep track of the energy market for our tenants.

Dean Larson, Director of Engineering, Boston Properties

Boston Properties owns and manages a portfolio of first-class office space totaling 14 million square feet in the Boston region, and handles electricity procurement for more than 50 tenant accounts. Boston Properties’ proactive procurement strategies keep electric costs for tenants low and stable – a key to its own customer retention as well as a clear competitive advantage for each tenant business. Further, in working with EnerNOC, the company has strengthened its portfolio value by negotiating standard terms with suppliers that limit property encumbrances.

Fast Facts

Industry: Commercial Property
Location: Boston, MA
Supply Portfolio: 250 million kWh annually
Strategy: Achieve the lowest competitive price and provide price stability on behalf of tenants
Measure of success: Approx. $5,000,000 cumulative savings over utility basic service

Eastern Shore of Maryland Educational Consortium (ESMEC) Energy Trust

EnerNOC helps with essentially all the things having to do with our members’ electrical energy. We have created a partnership with them—that is important to us. The purchasing process that we employ was developed along with EnerNOC, and with their services and guidance, we constantly tweak our methodology and policy to extract the most savings for our members.

R. Allan Gorsuch, Ed.D, Manager, ESMEC Energy Trust

The ESMEC Energy Trust is a cooperative organization established for the procurement of electricity, fuels, and related services on behalf of its 28 participants, which include school systems, community colleges, local governments and towns located on the Eastern Shore of Maryland. By combining long-term block purchases with Day Ahead market purchases, the ESMEC Energy Trust pays less for its electricity while more flexibly managing price risk. The end result is good news for taxpayers, as the savings go directly back into public services at member organizations.

Fast Facts

Industry: Education, Government
Location: Centerville, MD
Supply Portfolio: 250 million kWh annually
Strategy: Lower electric supply costs and reduce price volatility risk
Measure of Success: Nearly $11,000,000 in avoided cost