UEA has a fundamental understanding of the industry, along with extensive experience in energy procurement and management and maintenance of clients’ commodity accounts. Its priority is to streamline the process and make responsible assessments based on different variables, eliminating the stress associated with customers attempting to undertake this important project on their own.
With industry expertise guiding UEA’s consulting methods, customers can consolidate their energy contract processes, relying on a single source to reduce costs and ensure efficiency. Since many commercial businesses are spread across multiple states, negotiating state-specific contracts and identifying nuanced tax reduction strategies is key. UEA guides customers by drawing on its vast knowledge of regional regulations and patterns in the energy market, ensuring businesses get adequate flexibility to smoothly run their operations and facilitating communication with energy suppliers in each state.
Suppliers often have specific terms and conditions in their contracts that clients are unaware of, resulting in additional charges. UEA advises clients in the best way possible to help them tap into incremental benefits and negotiate better terms.
We uncover opportunities to provide our customers with a solution that reduces costs over time, adjusting our strategy as needed to fit different locations and needs
UEA works with approximately 30 retail electric providers across North America, offering various programs and carefully crafting solutions for clients across different industries. A pivotal success story involves a leading trucking and logistics company with operations spread across 11 locations throughout the country. UEA helped the client with a solution for their energy cost-saving endeavors, with efficiency and streamlined billing processes at the center of the approach. The team effectively set up a system where all of the company’s energy contracts terminate at the same time each year. This allowed them to work under a structured timeline rather than negotiating contracts in different states as they terminated throughout the year.
“This is a company that spends over $500,000 a month just on tires,” says Schiff.“ They are clearly overwhelmed. This specific customer makes energy cost decisions based on the information we provide them, which allows them to negotiate these contracts once every three years while focusing on their core operations.”
With increasing energy market volatility due to the war in Ukraine, UEA is ready to deploy its agile approach to consulting and continue serving clients. By finding solutions like shorter-term contracts and locked-in pricing, it continues to adapt to the ever-evolving energy market. In the coming months, UEA plans to expand its operations and serve a wider range of companies and industries in procuring and managing electric and natural gas-driven energy contracts to lower costs and increase efficiency.
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Richardson, TX , Sugar Land, TX ManagementThank you for Subscribing to Energy Business Review Weekly Brief
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