Gig energy icon

Energy Managed

Energy Procurement

GIG Energy offers comprehensive retail procurement solutions designed to optimize energy costs through innovative processes like reverse auctions, proprietary bid systems, and wholesale price verification. By leveraging deep market intelligence and expert negotiation, GIG empowers clients to implement tailored energy strategies, ensuring flexibility, cost efficiency, and regulatory compliance. This holistic approach helps businesses achieve energy savings without sacrificing budget stability or operational goals.

Get The Details

Gig energy icon

Energy Managed

Energy Procured

Innovative energy solutions tailored to your business.

Market Segments

  • Power
  • Natural Gas
  • Fuel Oil
  • Renewable Energy
  • Demand Response
  • Efficiency Projects
  • Weather Products/Derivatives

Client Needs

  • Review past and present strategy
  • Analyze customer data
  • Identify goals and objectives
  • Generate updated strategy

Supplier Vetting

  • Generation Assets
  • Hedging Strategies
  • Wholesale Counterparties/KYC
  • Company Footprint
  • Credit Facility/Viability
  • Product Mix/Contract Terms
  • Billing History
  • PUC Complaints

Proprietary Bid Process

  • Expert Negotiation
  • Contract Generation
  • Vendor Pre-Qualification
  • Independently Verified Bid Data
  • Regulatory Compliance
  • Contract Execution Protocols

Live Price Brokering

Reverse Sealed Bid

Suppliers have one opportunity to submit a final bid and cannot see any other participants or their offerings.

Live Reverse Open Auction

Allows each participant to view the lowest bids in real time and provides unlimited opportunities to bid until the clock expires.

Wholesale Price Verification

GIG Energy is a wholesale commodity broker and retail energy advisor. Wholesale energy markets set the commodity portion of the price paid by retail consumers.

Primary market intelligence is critical when evaluating the timing of a retail transaction.

Our Purchase Approach

Most energy buyers purchase 100% of their volumes within 2-12 months of their contract expiration. However, over the past 15 years, purchasing energy in multiple increments has been the most economic path customers in competitive markets.

As wholesale commodity trading advisors, GIG clients benefit from our primary market intelligence when evaluating the timing of their purchases, increasing their savings while not sacrificing their budget.

Approach

  • Conduct a competitive bidding process on the Non-Commodity Components
  • Purchase Volumes in Separate Intervals at Varying Percentages

Benefits

  • Increases flexibility to Catch Lower Prices
  • Reduces Market-Timing Risk (Buying At the Wrong Time)
  • Provides the Option to Fix 100% or Leave a % of Volumes on a Variable Structure

Ready to enhance your energy procurement capabilities?

Contact us today to learn how our procurement process can support your goals!

Join Chat Now!