There is no single, “ideal” strategy for powering the operations of every company. When it comes to power, gas and water, factors like equipment, location, schedules, and energy market dynamics all come together to produce the best approach to reducing costs and keeping them low. Our consulting team examines the unique combination you present, ask all the right questions, and suggest the plan that matches your needs today…and in the future.
The right plan for you
Fixed plans lock in a set rate throughout the term of the contract. If gas, water or electric rates soar, you’ve saved considerable money. If they nosedive, you remain at the price you agreed to pay. Obviously, this approach is best for more conservative customers who are focused on budget stability, and prefer know all their energy costs in advance. In the extreme case of a significant price drop, we can often renegotiate a fixed contract by extending the current one, while incorporate the new pricing.
Market-driven plans, on the other hand, are more variable as they are linked to market indexes, but are part of an optimization process to take capacity into consideration. As power is priced by energy companies at higher rates at peak hours, our consultants help determine where power usage can reasonably be shifted to those hours where it is least expensive without a negative impact on productivity.
No matter which areas we improve to boost your bottom line and save financial “leakage”, our relationship does not stop there; we provide monitor automated systems that track every metric from usage to billing, to look out for potential savings or changes to the current strategy. As a billing term ends, we remind you that you can make a change, and to help you decide on the specific approach.
This is a key differentiator, and an offering that keep our customers coming back — and referring their friends and colleagues. Because deregulated energy markets fluctuate and conditions change for both a power company’s supply and demand (based on competition and other factors), the invoices sent by suppliers often contain computational or tracking errors, which can result in mysterious and often unnoticed overcharges in your bills. According to reports, somewhere between 10-40% of energy bills contain these errors, resulting in huge overcharges— many of which are never spotted — over the course of a year.
Our dedicated, eagle-eyed bill auditing team carefully examines your bills, looking out for errors hidden in a bill you’d otherwise pay without noticing:
- Electric demand reading errors
- Improper distribution charges
- Tax over payments
- Classification errors
- Errors related to best price procurement
- Mistaken power contract charges
To reduce or eliminate this potential loss, our auditors carefully analyze your water, gas and electricity bills and compare them to our independent calculation of the charges. When we line up the figures, it immediately highlights all surcharges, demand charges, and all other errors that might have crept in. Your annual savings from this activity alone can be measured in thousands or even tens of thousands of dollars. How do you know we’re working hard at the auditing? Because our auditing program is contingency-based, meaning that it’s free to you until we spot an error that yields you actual savings and you receive a refund.
Local Law 84 Energy Benchmarking
Since 2011, Local Law 84 (LL84) requires owners of large buildings in New York City to annually measure their energy and water consumption in a process called benchmarking. LL84 standardizes this process by requiring building owners to submit their annual energy and water use data by entering it into the U.S. Environmental Protection Agency’s (EPA) system.
EZ Energy will collect and compile this data for you, which (in addition to the requirement), gives you information about your building’s energy and water consumption compared to similar buildings, and tracks progress year over year to help in energy efficiency planning. Naturally, this data is a critical in our helping you optimize you power consumption needs.