Optimize Savings by Properly Managing Your Product
Companies contemplating a migration to the deregulated market (MEM) quickly realize retailers in the MEM offer a variety of products. Some of these products seem to be straight forward, while others sound rather complex, yet give the impression of offering greater savings. Carefully crafting and selecting the right product and retailer will be crucial for achieving budget certainty and cost savings.
Some of these products may allow for adjustments to the default contracted energy block. For these products, the proper management and analysis of consumption will maximize savings and mitigate risk.
One of our clients in northern Mexico, who had contracted an adjustable-type product, wanted to gradually increase its consumption. To achieve this, we needed to determine the periodicity of such increases and the behavior of its planned production, as well as other factors affecting consumption. Special attention was paid to usage patterns that could significantly affect the total cost of energy in the contracted product.
Establishing the proper communication channel, sharing the right information, and timely monitoring were key for achieving improved results. Upon carrying out the activities previously mentioned, Enerlogix suggested an amendment to the original contract which would allow our client to achieve the desired objectives. Enerlogix was able to increase customer savings by 12%. Today, the client continues to increase its consumption and enjoys the additional benefits of the contract amendment.
If you are interested in learning more about the different products offered in the MEM, contact our team. We are confident that we will be able to assist you through timely and unbiased advice.