Situation
A client that owned 5 million square feet of commercial real estate wanted to develop a process for managing electricity procurement expenses on an ongoing basis.
Solution
We took time to understand the client’s goals and objectives, gathered all the available data, and constructed a plan to constantly monitor market conditions in order to find the best opportunities. We also implemented a risk management platform to provide alerts when market conditions moved outside of a predetermined range. Over the past four years, the client saved $600,000. The results prove the effectiveness of this customized program.