|
What is Electric Procurement?
Electric Procurement is the purchase of electric from an alternate supplier. As of January 1, 2011 all public electric utilities are fully deregulated and the rate caps that have been in place are no longer valid. The generation and transmission portions of electric billing are now completely open to the market, meaning that your generation and transmission costs from the utility will change quarterly or even monthly depending on the size of your business. In most cases, if you are a business with good credit, you will save money with an alternate supplier. Purchasing through an alternate supplier will give you more cost stability, and in some cases will result in savings for your company.
Who is eligible to obtain Alternate Supply?
Every business is eligible to obtain alternate supply in order to save on their electric costs. Alternate supply pricing is especially advantageous for companies with good credit and one or more of the following characteristics: long hours of operation, good load profiles (low peak demands), and consistent annual use.
What is the advantage of using URA to get Alternate Supply Pricing?
URA is a licensed broker through the Public Utility Commission. As Electric Procurement Specialists, we have extensive industry knowledge and we are continually researching the current regulatory affairs set by the Public Utility Commission. We are in excellent standing with area suppliers in order to assist your company in finding ways to reduce your electric supply costs. We work with suppliers on a non-biased basis, recommending those who are best fitted to address your company’s specific needs. We check the market prices every day to ensure that the prices we bring back to our clients are current. We also assist in interpreting contract terms to simplify the process for you.
What is your fee for Electric Procurement?
We do not bill you for our services as we are compensated by the selected supplier. However, you (the customer) may ask us to bill you directly.
Contact us to discuss how we might assist you.
|
