Reverse Energy Auction

  • Reverse Energy Auction can be used for a 1, 2 or 3 year fixed rate or a variable rate.
  • Typical client savings … 5-20%
  • Have over 500 plus energy suppliers available for the energy auctions.
  • Energy suppliers per auction … 3-7
  • Bids from each Energy supplier per auction … 5-15
  • Most energy suppliers only participate in Reverse Energy Auctions.
  • The Energy Auction takes one hour and can be observed “live” on the internet.
  • Best possible arena for energy purchases.
  • Automated web based platform … each “bid” time and date stamped based upon first bid submitted.
  • Reverse Energy Auction drives energy prices down to the … bare minimum!
  • Lowest price of any energy procurement process.
  • Real winner is the energy buyer.
  • Protest free procurement of energy … know… When, Where, How … ideal time to go to the energy market.
  • Benefits to client … Shortens Procurement Timeline… Reduces Risk Premiums… Supports Compliance.
  • Helps client achieve objectives such as… budget certainty… cost savings… and fulfillment of green energy requirements at the least cost.
Cardinal Energy Solutions Group-Why A Reverse Energy Auction-Scan