Not only did we considerably reduce our energy costs for years to come, but EMEX saved the Authority time and administrative resources as well.
Houston, TX (PRWEB) April 05, 2016
EMEX, LLC, the largest privately held consulting and energy risk management firm in the United States, has successfully partnered with the Lackawanna River Basin Sewer Authority, located within Throop, PA, to obtain optimal savings for the Authority’s electricity supply.
The Authority consumes over 7,800,000 kilowatt hours in electricity annually, equating to over $430,000 in energy expenses based on the Authority’s current rates.
Through the EMEX Reverse Auction Platform, the Authority was able to have every major energy supplier in the market compete to be their next vendor in an efficient and transparent process. The event attracted numerous highly competitive suppliers, who over the course of the auction, continually bid and counter bid against each other to ultimately win the Authority’s energy supply contracts. Upon completion, the reverse auction resulted in savings of over $100,000 over the term of the contract.
“Lackawanna River Basin Sewer Authority was extremely impressed with the savings results.” says Mike Matechak, Authority Director. “Not only did we considerably reduce our energy costs for years to come, but EMEX saved the Authority time and administrative resources as well.”
After becoming the energy consultant of choice for many other deregulated states’ schools, townships and utility authorities through a myriad of successful energy cost-saving projects, EMEX has begun further expansion into servicing Pennsylvania. These partnerships ensure that townships and other local government entities across the country find maximum value on their energy supply contracts and take advantage of crucial market timing strategies.
“Serving the public sector has always been a passion of EMEX. It has truly been a privilege to provide such valued consultative energy services for the municipalities, school districts, utility authorities and all others that we serve in Pennsylvania, New Jersey, and throughout the country.” commented Mike Stoller, EMEX Director of National Accounts. “When you have the level of market expertise that EMEX has, we can optimize the timing of going to market while mitigating risk through thoughtful planning and collaboration with our clients. Layer in the transparency and market competition that our Reverse Auction Platform brings to the bidding process and the customer wins every time.”
About EMEX, LLC
EMEX, LLC is a privately-held firm specializing in energy procurement-based risk management consulting in deregulated regions of the U.S. EMEX’s complete portfolio of services and proprietary, online platforms are entirely focused on reducing the cost of energy in real-time for business and government consumers. EMEX’s mission is to put the power to manage energy spending in the hands of its clients with smart, groundbreaking technology designed to dramatically simplify energy procurement. Core to EMEX is the flagship product brand EMEX™ Reverse Auction Platform, recognized for its innovation and excellence.