“We’ve been working with ECNG Energy for more than 15 years. They have provided us with timely data to help us manage our fixed price energy needs. Through ECNG Energy we have the option of fixing price for the winter only when prices typically the most volatile.”
(John Aitken- W-Westmont Hospitality)
Background:
HealthPRO is Canada’s largest National Procurement Services Organization serving 243 shareholders, representing 485 healthcare sites. In May of 2002, in partnership with ECNG ENERGY, HealthPRO successfully implemented a procurement strategy for 130 facilities representing almost 600 million kWh per year. Committed HealthPRO members realized an energy savings of more than $500,000.
Challenge:
The electricity market was re-regulated in the fall of 2002. HealthPRO was faced with the following choices: (1) keep the existing supply deal in-tact or (2) move to a very low regulated rate as part of the MUSH sector (municipalities, universities, schools and hospitals).
Solution:
To ensure the best position available, HealthPRO members were moved into the regulated rate while capturing the present value of their existing supply agreements. Offering continuous support through town hall meetings, face to face interaction and web conferences, ECNG ENERGY was once again able to secure beneficial supply for the membership in 2006. The current program saved members $800,000 over the actual Regulated Price Plan in the first 16 months.
Members also enjoyed such value-added services as: preparation of their annual energy budgets, on-going monitoring of the market and regular newsletters outlining current events.
Background:
Taylor Steel’s processing plant is more than 1,000,000 square feet. This sizeable steel service company had a significant gas bill to match. Yet, their large consumption was not enough to secure wholesale pricing.
Challenge:
High prices and a fluctuating market were making it difficult to forecast their gas expenses. ECNG ENERGY was retained by Taylor Steel to assist with natural gas procurement and to help manage an erratic marketplace.
Solution:
By combining Taylor’s energy load with others in the ECNG ENERGY network, Taylor Steel gained access to a better wholesale market and achieved significant savings in their gas costs.