Situation
A group of Illinois communities heard about savings opportunities associated with electricity aggregation and wanted to explore what the cities could do for their respective citizens.
Solution
Select Energy Partners, a Satori Energy company, was retained to evaluate the opportunity on behalf of the municipalities. Select Energy Partners created a customer awareness strategy which focused on educating citizens about the advantages of electricity aggregation and engaged multiple mediums including radio, newspaper, community forums, and direct contact. Our analytics team gathered the data, analyzed usage patterns, obtained pricing from the supply community for evaluation, and found the best offer for the group through diligent analytics.
Select Energy Partners uncovered savings of 34% for small business consumers and 23% in savings for citizens compared to the utility tariff rate. A 2-year contract was signed which resulted in over $7.1 million in electricity cost savings for the group of Illinois communities.