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Process
While energy brokers and exchanges leave you with only vague procurement advice,
Co-eXprise Energy MarketPlace
lays out a totally transparent step-by-step sourcing process that actually achieves
best market price for your organization:
Phase One: Customer Assessment/Bidder Qualification.
We review your historic and projected electricity and/or natural gas usage requirements,
budget parameters as well as your current commodity contract, and its terms, conditions
and pricing.
In preparation for bidding, we prepare a detailed Request for Quotation based on your needs.
We then arrive at best terms and conditions by collaboratively and carefully reviewing the
RFQ with a comprehensive list of highly qualified energy suppliers.
Phase Two: Co-eXprise “Energy Market Insight™.”
The Energy Market Insight phase provides customers with a comprehensive, understandable
summary of their own energy marketplace. It captures and compares the regional pricing of
CX customers; validates paper bids specific to customer accounts; assesses bidder
competitiveness and monitors market indices.
Phase Three: Achieving Best Market Price.
The activities described in Phases One and Two (above) typically result in a competitive
Internet-based negotiation/auction. Unlike any standard auctions you may have previously seen,
our proprietary best-in-class technology platform uniquely blends competition & transparency
to impact your pricing. In our pricing events when suppliers compete you win!
The results are submitted to the customer with a recommendation that represents best market
price combined with best terms and conditions. A contract is then awarded to the most
competitive bidder.
Phase Four: Ongoing Contract Management
Co-eXprise Energy MarketPlace stays with you long after your energy contracts have been awarded.
We carefully audit for contract compliance to assure that the awarded bidder and negotiated
best market price are, in fact, implemented. Then we continue to monitor market indices and
marketplace price feedback to best position your organization for optimum contract renewals.
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