Energy Supply
Procurement Services
Are Your Energy Procurement Methods Outdated?
No matter your company’s size, or the number of sites you manage, improving your bottom line with a good energy procurement strategy is key. Negotiating the best electricity procurement and natural gas procurement contracts within ever-changing energy markets takes effort, especially when you have sites all around the country. And, trying to juggle all those energy suppliers, regulations and tariffs can be challenging, but the right strategy can lead to significant savings. For over 30 years, UMC Solutions has been providing clients in diverse markets with innovative energy procurement solutions.
Energy Procurement Challenges
When it’s time to source and lock in supply contracts for your energy needs, there are several variables to consider. Energy contract wording can be confusing, and supply chains are constantly at the mercy of climate change and extreme weather. Energy costs are also volatile, which means locking in a contract at the wrong time can expose your business to unnecessary risk and cost money when you least expect it, highlighting the importance of risk management.
How UMC Can Help
UMC has 30 years of expertise in energy markets, negotiating favorable contract terms for our clients across many industries. We have a comprehensive energy procurement strategy that gives you the cost-saving advantage despite market fluctuations and volatility. Suppliers compete to provide our clients’ energy needs, ensuring they have access to the best energy procurement service.
Our Energy Procurement Process
UMC provides viable renewable and non-renewable energy procurement solutions for competitive rates within ever-changing energy markets using this time-tested process:
Energy Procurement Challenges:
With the analytics and reporting tools in EnergyCAP software, UMC is better equipped in advising Clients on which opportunities to pursue, when to pursue them, and for how long, providing valuable insights.
Proposal Management:
With over 30 years of experience in managing the RFP/RFQ process, UMC has a proven track record of understanding and effectively communicating the energy usage needs of our Clients.
Vendor Management:
Billing errors or abnormalities that are discovered during the auditing phase are followed up on by our Research Department, ensuring we address any issues with utilities and maintain compliance with our energy procurement service. Those exceptions are discussed with the service provider and/or you until a resolution is reached. Not only a time-saver for you, this process can also help identify costly and potentially damaging water leaks and faulty meters.
Client Service and Relations:
UMC supports a very diverse client base by tailoring our energy strategies specific to the changing needs of those customers. For that to work, it is important for us to learn and understand our clients’ processes as they relate to energy consumption.
Contract Management:
Securing the right energy contract at the appropriate time is key to a successful procurement program. UMC monitors the futures markets daily to evaluate competitive energy supply options and identify long term opportunities for the Client.
Budgeting & Reporting:
UMC is a certified service provider of EnergyCAP software, which enhances our energy procurement service capabilities. With our expert knowledge of EnergyCAP and its functionality, we provide Clients with the most reliable and efficient energy management and accounting system available today.
