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Sourcing Utilities

Source One's experience and knowledge of utility tariffs, deregulation and customer choice programs allows us to help businesses reduce their utility costs.

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How often do you renegotiate your telecommunications agreements? Once every year, two years, three?... Source One helps clients negotiate and implement the best telecommunications solutions every day. Let our experience and resources help you.

...Telecom Cost Reduction

Are you getting the best possible rates for your office supplies. Do you need help controlling the inventory and who can order what? Source One Can help you get the best pricing on your office supplies and can help implement the latest in ordering technologies and inventory management.

...Sourcing Office Supplies

Strategic Sourcing Overview

Our Strategic Sourcing initiatives include benchmarking against the marketplace, supplier identification and rationalization, RFX management, contracting and negotiations, and procurement process improvement including e-Sourcing and Procure-to-pay solutions.

More on Strategic Sourcing

Other Savings Opportunities

Do you have a contract that you are close to signing? Need one last set of eyes to makes sure you are getting the best deal? Source One offers contract review and negotiation services, even if we were not involved in the entire sourcing process.
... Contract Review

What other areas of spend are hurting your organization's profits? Source One has experience in cost reduction for over 100 categories of spend.
... Strategic Sourcing Categories

Looking to reduce the costs of your e-Sourcing Solution? Don't have a solution, and want to try one out. Source One provides free e-sourcing solutions and tools.
... Free Procurement Tools

Utilities Cost Reduction via Strategic Sourcing

Cost reduction services for all utilities: energy (electricity), natural gas, propane and oil.

Energy pricing can be both volatile and complex to source. Source One can help by developing strategic sourcing initiatives that allow customers to choose competitive and effective suppliers in the marketplace.

We continuously track market conditions, futures and trends. Electricity savings can be identified by identifying low energy consumption periods or peak decline periods and moving quickly to lock in on rates. Source One will help you identify when that time is right for your business. In addition, Source One will provide you with a usage and pricing profile of your existing utilities as well as a savings assessment based on current market conditions.

Savings Can Be Achieved Through:

Vendor Consolidation,

Location Consolidation,

Competitive Bidding (in deregulated markets),

Rate Structure and Term: (Fixed vs. Variable),

Additional Incentives: (Riders, Programs and Promotions)

What you need to know - Deregulation

States can be either regulated deregulated, or have partial choice options.

If a state has regulated electricity, there is no competition. This means that the current provider (the utility) is the only company that can provide energy to our client. In this case, a sourcing event will not take place, but there are other opportunities for savings.

If a state has deregulated electricity, private companies can compete with the public utility, and a sourcing event can take place. The competing companies are called energy marketers, retailers, or third-party providers, and these third parties either produce energy in their own plants or buy large blocks of energy at discounted rates for the purpose of resale.

Click here to learn more about natural gas regulation on a state by state basis.

Get in touch with us today to get started with your energy bill cost reduction program.