PRODUCTS & SERVICES
Tangible Objectives & Measurable Results
IVY Energy offers a full suite of products and services that are customized to your specific needs.
Energy Procurement
Electricity and natural gas costs are some of the biggest expenses for many businesses.
Deregulation of the energy markets has opened up numerous energy cost-saving avenues. No longer do you have to settle with whatever the regulated energy entity decides to offer and its non-negotiable price and terms. Now you can choose who, what, when and how much.
Although having numerous choices is great, it does add complexity. In addition to that, the energy markets are some of the most volatile of all markets. That is where we can help. We are seasoned energy professionals that will help you navigate the complexities and volatility in a way that you will find very informative and easy to understand, which will aid you in making the best and most informed decisions.
We have an extensive energy supplier network with nationwide reach that will compete for your business. The suppliers are pre-qualified based upon customer-defined criteria including credit worthiness, billing accuracy, customer service, and pricing. However, they are not one and the same. Some specialize in certain market segments while others may have attractive technologies or unique products that are better suited for some businesses more than others. But remember, we are independent of all those companies. We work for you and strive to bring you the best solutions! Consider us as an extension of your company, looking out for your best interest and helping you achieve your goals. Even though we represent you, it is the suppliers who pay us based on an equal fee structure that is tied to your consumption not the price you pay- Therefore, we are not incentivized to keep prices elevated or select one provider over the other – so there is no more or less loyalty to any one provider and no incentive to keep prices high. That translates into you receiving the best prices, products, services and terms and conditions.
Our Process
Getting to know you and your company
Our process starts with getting to know you and your company.
It is important to know information such as: how you operate, risk appetite, budget requirements, projected growth or contraction, the competitive landscape, exposure to other commodities, possibility of a future sale of all or a portion of the company, etc.
Data collection and analysis
We generally request a few documents from you, such as a Letter of Authorization, an invoice or two and your current contract. We use those documents to obtain historical usage information, verify contractual terms and premises information. We will do an analysis of your usage, seek to identify any potential cost saving measures and discuss suitable products based on your risk tolerance, budget requirements, growth expectations and other relevant information.
Set goals and develop a strategy
Thereafter, we can help you set goals, or review the goals that you have already established, and develop a strategy.
Submit data and product requests
for pricing
The usage data and the products that we want priced will be submitted to the suppliers – the competition for your business is underway!
Review and Recommend
Upon receipt of the offers, we will conduct a through review and recommend the best options based on key factors such as pricing, product structure, contract terms and the best time to enter into a contract.
Market entry and timing
We are in the market every day so we know where the prices should be, where they have been historically, and the fundamental, statistical and technical drivers that set the prices in the future. We use our energy intelligence to recommend optimal timeframes and pricing points to enter into a contract.
Contract Negotiation and Execution
When the time is right we will assist you with the contract from negotiation to execution. Every supplier has a different standard contract. Often times they can be confusing and very one-sided – obviously not in your favor. We have commercial and legal experience reviewing the contracts, identifying the risks and suggesting alternative language to meet your current and possible future needs. The future does not always go as planned and we can help protect your company from being penalized for any possible deviations.
Compliance, Support and Market Intelligence
We work with competent suppliers, so it is not the norm, but occasionally invoices have errors, whether caused by the supplier or the utility. We do periodic reviews of your invoices to verify the accuracy of the invoices and compliance with the contractual terms. Should there be an issue, we will work on your behalf to resolve the issue.
Since, we are in the market every day we want to keep you in touch as well. We will not drown you in all the ups and downs of the daily market swings but we will keep you informed at a high level so that you can have an appreciation of what is going on.
Risk Management
The energy markets are some of the most volatile of all the markets. Real time power prices can
spike over 15,000% and next day gas can increase by more than a 20 multiple.
Often times our clients are surprised at how many variables go into current and future prices and how they can swing dramatically on seemingly innocuous changes. We constantly monitor the market and the drivers of volatility and change, such as regulatory and legal affairs, transmission and pipeline expansions, constraints and congestion, unit adds and deletions, fuel prices, technical analysis indicators, new technologies, rig counts, sector and overall demand growth, weather, energy imports and exports, global risk factors, etc.
With all that in mind, we will assist you in devising and implementing a sound energy risk management program that can insulate you from the negative financial and operational impacts of exposure to the energy markets.
Our energy experts will consult with you to get an in depth understanding of your business and its unique risk appetite and will devise customized strategies that will mitigate your exposure to unwanted risk.
Not all contracts are created equal. Suppliers can use terms and conditions in supply contracts to shift market and regulatory risk onto the user. It’s for this reason we aggressively manage the following:
Demand Response Management
Demand response programs were created by the electric grid operators (ISOs) in an effort to reduce electricity consumption on the grid during extreme events that threaten the grid’s stability.
Demand response (DR) programs provide payments, which can be substantial,
to large electricity users that can decrease their usage at specified times.
A misconception is that as a participant, when the need occurs, all power is dropped to the facility effectively ceasing all operations and leaving everyone in the dark. That does not have to be the case. Our specialists can devise ways to reduce power, where non-essential consumption is occurring, without disrupting your business or causing damage to your equipment.
DR can also be a great way to monetize on-site but off-the-grid generation – basically allowing you to supply power from your generator to your operations and reducing the inflow from the grid. When emergency events occur, power prices skyrocket and you would essentially capture those prices commensurate to your reduction of load, all without disruption to your business.
Sustainability
Sustainability has emerged as a result of significant concerns about the unintended social, environmental, and economic consequences of rapid population growth, economic growth and consumption of our natural resources. In short sustainability means meeting the needs of the present without compromising the ability of future generations to meet their own needs.
We can help you meet your sustainability goals by developing strategies that will enable your organization to become more energy efficient, increase the renewable percentage of its energy use, reduce and offset its carbon footprint and assist in obtaining environmentally responsible distinctions such as LEED certification and the EPA’s Green Power Partnership.
