Risk Management
Each organization should have defined risk objectives. We work with our clients to develop & define energy management objectives and implement strategies to achieve those goals. Whether our team of advisors is focused on financial & physical hedging, evaluating fuel arbitrage opportunities, optimizing capacity assets, or eliminating risk with spot-market purchases, our efforts remain aligned with your organization’s risk strategy to achieve energy optimization.
Procurement
Energy contracts inherently put risk on the customer; tolerance levels, reasonable assurance clauses, take or pay solutions can all negatively impact your bottom line. Our team focuses on identifying this risk and eliminating it, while also ensuring our clients execute contracts with a cost-effective & credit-worthy counterparty. Few things are worse than negotiating a favorable energy contract only to have the supplier/broker not be able to deliver or financial reasons. Let us ensure your supply needs are protected.
Tariff Analysis/Review
Pipelines and local distribution companies always look to grow, and that growth is funded through rate increases to the end-user. We work on your behalf to provide a voice during rate cases, as well as conduct yearly audits of LDC rate schedules to ensure you are on the appropriate rate class with your local utility.
Invoice Audits
Energy invoices are complex and seldom look the same. Our team takes a hands-on approach and audits each invoice to ensure the correct utility rate and supply rate is being charged. We also work on your behalf to recover any incorrectly charged fees or taxes and do not take a percentage of what we find, unlike some in the industry. Our opinion is, it is your money, you should have it. Let us be your set of eyes to ensure you are being invoiced right!
Budgeting
Natural Gas, Electricity, and other fuels are commodities that are traded every day. Conventional budgeting methods, such as increasing the annual expense by a few percentage points, will not work. Our analysts develop budgets that utilize projected consumption, current utility rates, and contracted supply rates (including any hedges), to give you the most accurate forecast possible.
Pipeline Safety Compliance
Our team offers regulatory compliance services tailored to small natural gas utilities facing increasing responsibilities from federal and state regulations. With recognition from multiple Public Service Commissions, we provide expert guidance on annual reporting, including PHMSA, EIA, and NPMS submissions. Our support includes developing and updating compliance procedures such as O&M, Emergency, Integrity Management, and Public Awareness plans, along with record-keeping and training services. We assist with inspection preparation and representation, acting as a liaison during audits and follow-up processes. Contact us today to learn more about our additional services.
Other Consulting Services
We provide other comprehensive consulting services focused on enhancing efficiency through operational, financial, and risk management support. Our expertise includes developing predictive financial forecasts and budgets, analyzing performance to identify variances and improvement areas, and offering strategic guidance on acquisitions, pricing, and market growth. We also optimize cash flow to support obligations and expansion, ensure financial plans align with overall business goals through cross-department collaboration, and manage risk via rate setting, supply purchasing, and regulatory compliance. Give us a call to discuss our other consulting services including Financial Forecasting & Budgeting, Performance Analysis, Strategic Decision Support, Cash Flow Management, Collaboration, and Risk Management.
