A Guide to Electricity Purchasing Strategies

Developing an Effective Electricity Purchasing Strategy

In today’s competitive energy market, businesses can benefit from understanding their purchasing options and the factors that influence energy costs. These insights will help them make informed decisions so they can optimize their energy purchasing strategies to achieve significant savings and reach their sustainability goals.

Implementing a strategic approach to electricity purchasing offers several advantages including:

• Cost management: Following market trends and price fluctuations can help businesses secure lower rates and achieve cost savings over time.
• Risk management: Locking in rates or diversifying purchases can protect businesses from fluctuating energy prices and ensure more predictable energy costs.
• Sustainability advancement: Incorporating emission-free supply, renewable energy certificates (RECs) or purchasing from new-build renewable energy sources can help businesses reduce their carbon footprint.

In this guide, Constellation explores how informed purchasing decisions can help businesses manage risk and advance their sustainability goals.