How A Reverse Auction For Electricity Can save Up To 15%
by Joe Quenet on 04/07/14
Regardless of when your current energy contract ends, our new E-Procurement Reverse Auction Portal offers a no-risk, high-value solution that services all customer types in all 17 states (including DC) with deregulated energy markets.
Utilizing our new Reverse Auction Platform (see video), your historical usage and future start date is sent to as many as 15 leading regional and national en
At TEPS we understand that while smaller businesses have challenges similar to larger enterprises, they often lack the necessary resources to keep overhead costs under control. This is especially true when it comes to energy procurement, where most brokerage firms either restrict their reverse auction platforms to larger customers, or simply do not have the technological advancements that we can offer.
ergy providers to participate in the bidding war. Combining this premier level of competition with our refined risk management approach, energy procurement takes just a fraction of the time and your bids can come in 5%-15% lower than a traditional energy procurement RFP done on the same day.
At TEPS we will work with you throughout the entire auction process to:
- Assess your energy needs
- Share strategies and insights
- Answer your questions
- Estimate your potential savings
- Act as your personal consultant every step of the way
The best part: There is no cost to run the reverse auction, there is no obligation to lock-in a rate, you’re free to choose whichever supplier that you believe provides the greatest value or you’re free to reject all suppliers.
At TEPS a reverse auction is just another tool available to helpachieve your goals of lowest cost, favorable contract terms, and budget predictability for your energy spend. It’s Simple. It’s Fast. It Saves. It Works.
For more details, please visit our new E-Procurement Portal atwww.texaseps.com.