Three Ways To Improve Efficiency With an Alternative Energy Solutions Provider

Have you spent much time considering the effectiveness of your relationship with your energy provider?

If not, it’s understandable. Considering your options can feel frustrating and ultimately futile, with strict regulations and limited choices in many locations across America. Still, a closer analysis of how you source your power can be financially and operationally productive if you know where to look, especially if you’re in a favorable legal environment.

Considering New York as an example within our company’s service area, it is one of 18 states with a deregulated electricity market, offering customers the opportunity to make independent choices about their energy supplier. Consumers who take advantage of this competitive environment—including those looking for alternatives to ConEd, a utility offered in New York City and surrounding areas—can work with an energy service company (ESCO) to access a broader marketplace of solutions for their power needs.

It’s a decision that can go a long way in impacting your company’s bottom line. According to the Department of Energy, “ESCOs design and implement projects that aim to save energy, reduce energy costs, and decrease operations and maintenance costs at customers' facilities.”

To be clear, not every ESCO is created equal. Many focus on one individual function within the complex process of generating and distributing power.? Catalyst Power offers an integrated approach by providing custom-priced commercial electricity and gas, Connected Microgrid ? technology, community solar, and even more renewable resources to meet your energy needs. This allows us to develop a strategic solution tailored to you, providing a level of customization (and direct customer service) that can’t be rivaled by the utilities.

It’s a simpler and more efficient way to power your business, offering tangible improvements to your daily operations. Keep reading to explore three key ways you can benefit by purchasing your power from the right ESCO:

Make clear progress toward your financial and environmental goals.

Catalyst Power gives you greater control over your energy costs by offering customized and fixed-rate pricing opportunities. This translates directly to more predictable monthly spending and greater bottom-line budget confidence. We can also establish new connections to renewable energy sources, providing access to a historically inexpensive power supply and facilitating further cost savings.

If you’re tracking your building’s progress toward long-term compliance with Local Law 97 (and you should be), taking a more thoughtful look at the energy systems or upgrades you’ve implemented is a crucial step. When you partner with the right ESCO, you’ll have the opportunity to reimagine the tools at your disposal to power your business and ensure your energy use is moving toward better alignment with critical environmental performance standards.

Trade in a one-size-fits-all approach for a tailor-made (and more reliable) solution.

Your company and building are unique. The inflexibility that comes with a power supply purchased from a major utility will not perfectly match your needs.

Instead, by choosing the right provider, you can access tailor-made solutions to fit your company’s needs. This customization is the key to reduced spending and more efficient operations.

Catalyst Power uses a data-informed approach, analyzing your past energy consumption to understand how our Variable, Balanced, and Fixed-Rate pricing structures would most efficiently meet your needs. Our Variable pricing follows market fluctuations, while our Fixed-Rate model offers rate certainty during high volatility. The Balanced Portfolio gives the best of both worlds with a mix of both Variable and Fixed-Rate pricing. Plus, you’ll have the chance to layer one or more sources of distributed power generation into your overall energy mix, making progress toward greener operations and improving your energy resilience along the way.

Communicate directly with your provider and access new transparency in your energy spending.

When you purchase your energy through a utility, you’re paying non-negotiable market rates, but our plans are designed to give you a voice in determining the right solution to meet your energy-efficiency needs. With Catalyst Power, you’ll be able to speak with an expert on our team along the way, bringing greater clarity to the structure of your energy agreement and what you can expect to spend in the months ahead. It’s a new, more effective approach to customer service for an essential component of your business operations.

You work hard to make your company function as efficiently as possible. It’s time to consider a true partnership that will do the same for your energy supply.

If you’re interested in learning more, here’s some additional information about ESCOs and how Catalyst Power can meet your power needs more effectively. Ready to take the first step? Get in touch with our team of Energy Experts and explore the wide-reaching benefits of a more customized approach to your energy supply and lower your energy bills.