Case Studies

New York, NY-Hotel Management

A luxury hotel in New York City wanted to find a better rate for electricity. This hotel had previously signed a fixed price product with a competitive electricity supplier which featured a good level of budget certainty but no potential for additional savings. After consulting with the hotel, Good Energy arranged a savings package with a ceiling price energy product. Our ceiling price product was at a lower price than the fixed price for power the hotel had been paying. We explained that not only did the ceiling price have all of the benefits of a fixed price contract, but it also would allow the hotel to receive additional savings if excess energy is sold back into the spot market. Unlike utility companies that pocket the additional cash generated from such sales, we arranged a contract for the hotel which would pass this money back to the customer in the form of "managed down" savings.

Houston, TX-Real Estate Investment Company

A large Texas property management company that manages 3 million square feet of office space throughout Houston, Dallas/Fort Worth and Corpus Christi, needed a portfolio-wide electricity supply solution. After a detailed analysis that separately evaluated all 26 buildings in the portfolio, Good Energy arranged an electricity supply package that produced annual savings of approximately $1.2 million.

Westchester, NY-Facility Management

One of our customers complained that their commercial office buildings' budgets for power were shot when deregulation went into its final phase in the Con Edison service territory. There are now huge price swings in this market, and prices reached record highs during the summers of 2000 and 2001. We have solved this customer's budgeting challenge by providing a flat price ceiling, which is currently 30% below, (on an annual basis), Con Edison average historical prices. We are saving this customer hundreds of thousands of dollars each year and we may be able to do it for you too.

Pittsburgh, PA-Property Management

Another customer was delighted when they were told we would save them about $0.13 per square foot on their power supply in 2000 compared to what they would otherwise spend with the incumbent power provider in that market. At the close of 2000, we determined that the actual savings were about $0.26 PSF, or double what we had conservatively projected. How you ask? Thanks to our low ceiling price for power and the careful and active management of our customers' electricity supply needs. Contact us to find out more.