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Online Tool Tracks Electricity Supplier Prices

By Jennifer Steward posted 04-14-2016 09:44 AM

  

Are you locked into an energy supply contract? You can evaluate today’s low energy prices for a supply contract that begins when your current contract ends. How many energy supplier prices should you consider? The cost difference between the highest and lowest supplier price could be thousands of dollars per every one million kilowatt hours of electricity your facility consumes annually. If you compare only a few suppliers, how do you know if their prices are high, low, or average?

Since 2001, APPI Energy has been MTI’s Official Energy Provider to identify the wide range of electricity supplier prices across the U.S. every day, and the lowest prices available from reliable, competing suppliers. APPI Energy offers an online Price Finder tool that tracks electricity supplier prices. “In a three-step process that takes only a few minutes, MTI members in deregulated electricity markets can select their state and utility to view electricity price trends in their specific location,” said Walter Moore, President and CEO of APPI Energy. The website then gives users an option to contact an APPI Energy consultant ready to obtain customized, competitive price offers from multiple suppliers.

Price Finder displays average price benchmarks for electricity supply, determined across utilities, rate classes, usage levels, and other factors for annual consumption up to one million kilowatt hours. The high level of correlation between matrix and custom pricing makes these benchmarks a reliable measure of how prices are trending, and the direction and velocity at which prices are changing week-over-week and month-over-month. This is similar to how the S&P and Dow measure the rate and direction of change in stock market prices over time. Learn more in this 30-second video.

APPI Energy can help you select a solution that best suits your needs, based on location, load factor, and market timing. Recommendations to MTI members regarding when to buy energy, and which contract length is best, are based on extensive data analytics and 20 years of transaction experience.

Price Finder is available online at http://www.appienergy.com/price-finder

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