In deregulated markets across the United States, the procurement and management of energy is, without question, far more complex and time intensive than most buyers are led to believe. As a direct result of this, as well as the current competitive landscape (which is overcrowded with suppliers, brokers and misinformation), mistakes and bad decisions are more than common. This is even more of the case if accounts span multiple states, service territories, commodities, rate classifications and more.
When it comes to energy, volatility can be extreme and a broad number of variables that are constantly changing can and often will have some type of positive or negative impact on costs. Furthermore, the dollars involved are typically significant which means that the opportunity costs that result from every decision can be significant.
With Manhattan Energy, you will get the guidance you need to maximize performance and minimize the risks associated with energy procurement.
Education: Energy is not and will never be simple; however, we have the ability to make it that way for you.
Experience: Manhattan Energy has been in the industry since 2003 and has a long standing track record of providing both superior customer service and performance. Our proprietary systems, research, analysis and knowledge are second to none and have consistently enabled us to successfully advise and position our clients in a format that protects their bottom line in a rising market while at the same time ensures downward participation in a falling one. We also happen to a large and diverse portfolio of clients, many of whom have been with us since our inception.
Footprint: Manhattan Energy is capable of serving your organization across dozens of utility service territories in Connecticut, Delaware, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Washington DC.
Structure: Unlike the vast majority of our competition (many of whom only recently entered in this industry), Manhattan Energy is not here to sign your organization up, hand you quotes or entrust the management of your account(s) to an inexperienced, quota-driven sales representative that is most likely reading off a script. We are a professional advisory firm. Our process is similar to that of a financial planner. We begin by setting up and analyzing every aspect of your accounts. We take the time to discuss and understand your risk tolerance, objectives, budgetary needs and more prior to making recommendations or crafting a strategy. We perform any required analyses including but not limited to budgets. Finally, we are with you every step of the way and play an active role in the ongoing management of your accounts and strategy.
Strategy: When it comes to energy supply, we believe the traditional procurement process most businesses utilize for obtaining good and services DOES NOT work unless underperformance is the underlying objective. External factors such as rules, regulations or changes in an accounts profile matter. Energy, aside from being just one of many components of energy supply, is a commodity. There is no such thing as the lowest price!!! Aside from the fact that there is far more out there than fixed pricing, bids and the contracts behind them are almost never apples to apples. The point we are trying to make to you is as follows...
One size DOES NOT fit all. Knowing what to do, how to do it, when to do it and with whom requires a significant amount of due diligence very few buyers, suppliers or intermediaries are capable of or care to take the time to do. Savings aside, the end objective for all businesses should be the management of energy supply costs over the long term even if purchases are only being made on a short or intermediate term basis.
Whether your business has one account or many accounts, success in this area is directly correlated to having a customized, comprehensive and proactively managed energy supply procurement and risk management strategy in place.