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Navigating Energy Procurement Challenges: Solutions for a Smoother Journey

Every business needs a way to procure gas and electricity. Without the proper energy sources, companies can’t operate like they..

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Regenerative Energy Procurement: Harnessing Circular Economy Principles

What Are Circular Economy Principles? Circular economy principles first took root in China, disrupting the traditional “take, make, waste” consumerism..

Carbon footprint

How Sustainable Energy Consultants Can Help Businesses Reduce Their Carbon Footprint

However, due to the demands of running a business, many companies don't have the time to develop a strategy to..

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Maximizing Cost Savings Through Effective Business Energy Procurement

With the volatility of energy prices, it’s almost certain that businesses can lower their energy expenses with an effective business..

Energy Consultant

Why Hiring an Energy Consultant Could Save You Money in the Long Run

If you need a top energy consulting firm with industry expertise that has aided more than 30,000 commercial clients, including..

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Inflation Reduction Act: Recap on the Effect on the Energy Sector

As the most comprehensive climate protection legislation ever passed in the U.S., the Inflation Reduction Act of 2022 (IRA) is..

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Maximizing ROI With Rebates: A Smart Strategy for Energy-Efficient Investments  

Investing in sustainable energy solutions and other energy-efficient technologies can be an effective option, but only when the cost of..

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The Future of Sustainability and ESG: Trends to Anticipate in 2023

Knowing your company’s ESG is essential because corporate sustainability trends heavily affect the investment market. ESG investing trends rely heavily..

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Why Do You Need a Commercial Energy Procurement Plan?

That’s why it’s good to have a business energy procurement plan in place. The good news is that you can..

Energy Suppliers Chicago, IL

Will the Natural Gas Business Still Be Big in 20 years?

On the one hand, natural gas prices have fallen dramatically in recent years. That's good news for consumers. In addition,..

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Energy Contracts: Everything You Need to Know About Them

This guide should help you find the right deal for your business. What Are Energy Contracts for Business? An energy..

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How Hiring Energy Saving Consultants Can Prove Beneficial for Your Business

Navigate Power is one of Chicago’s leading energy consulting companies. We specialize in helping businesses of all sizes and industries..

FAQS

You can choose an alternative energy supplier for your business in many states. Energy deregulation laws vary by state, but you may be able to change your supplier. You’ll need to check with your state’s utility commission to determine if energy deregulation is available in your condition and how to switch suppliers.

Energy procurement is the process of acquiring energy for your business. This can include purchasing power from a supplier or generating your energy through renewable resources. There are several factors to consider when procuring energy for your business, including cost, reliability, and sustainability.

Regarding energy procurement, there are two main types of professionals: energy brokers and energy consultants. Energy brokers are middlemen who represent the interests of their clients by finding the best rates and products available on the market. Energy consultants, on the other hand, work with businesses to help them understand their energy usage and find ways to reduce their bills.

Energy consulting firms provide a wide range of energy efficiency and conservation services. They conduct energy audits to identify opportunities for improvement, develop and implement energy management plans, and provide training on energy-saving techniques. In addition, energy consulting firms offer services such as project management, financial analysis, and market research. By partnering with an energy consulting firm, businesses can save money, reduce their environmental impact, and become more energy efficient.

Carbon consultants work with energy consulting firms to help clients identify and reduce their carbon footprint. They first assess the client’s energy use and emissions to do this. They then develop strategies to reduce energy consumption and waste while exploring opportunities for renewable energy generation. This can involve anything from energy efficiency measures to on-site solar PV installations. Once the strategies have been identified, the carbon consultant will work with the client to implement them and track their progress. By reducing their carbon footprint, clients can not only save money but also make a positive contribution to the environment.

When it comes to energy management, there are a lot of things to consider. You need to ensure that you’re getting the best prices for your energy, using clean and sustainable energy whenever possible, and doing everything possible to reduce your carbon footprint. It can be a lot of work! That’s why many businesses choose to outsource their energy management. Outsourcing this responsibility can save you time and money while also ensuring that you’re making responsible choices about your energy usage.

In a regulated electricity market, energy procurement is buying the electricity your business will use. This can be done in several ways, including through a power purchase agreement (PPA), a fixed-price contract, or by negotiating with local utilities.

If you’re looking for ways to reduce your business’s energy consumption and save money on your energy bills, you may want to consider getting an energy audit. An energy audit is a process where a professional comes to your business and examines how much energy your company uses and finds ways to reduce that usage.

When considering hiring an energy auditor, it is important to understand what they do. Energy auditors can help your business save money on its energy bill by finding ways to reduce waste and optimize efficiency. They will comprehensively inspect your facility and identify opportunities for improvement. In some cases, they may even be able to help you get rebates or incentives from your local utility company.