4prime’s suite of services demystifies energy purchasing to allow procurement professionals to handle energy as just another commodity. Contact 4prime and join our Linkedin Procurement Professionals, Energy Purchasing group to discover the benefits.
4prime produce forecasts of wholesale energy prices up to ten weeks ahead. Market volatility resulted the highest price for electricity to be consumed in April 2014 being 96% higher that the lowest price. Price forecasting helps to avoid the price spikes.
4prime removes the mystery surrounding energy contract negotiation by ensuring that all charges are totally transparent. Procurement professionals are then able to concentrate on negotiating supplier profit margins and charges for added value services.
4prime assists with identifying the optimum times to reduce energy consumption to maximise return on investment. Transparency of all charges means that opportunities for cost savings can be clearly identifiable.