SJI today announced the acquisition of EnerConnex LLC. The agreement memorializes a long-standing relationship and supports the company’s recent exit from the retail supply business, and entry into energy consulting through SJI Energy Advisors. EnerConnex is an industry-leader in energy procurement, well-known for its proprietary tool ECX Marketplace that combines best in class technology with market intelligence.Read More
There are more than 2,200 energy brokers in the Mid-Atlantic Region, with varying levels of expertise and experience. So how do you identify the best one for you? Consider these eight questions to help you decide.Read More
Like many commodities, the markets for electricity, natural gas, oil, and renewable energy are complex – and constantly changing. In fact, most energy prices change hourly.Read More
Applied Energy Partners serves nearly 300 commercial and industrial end-users throughout the country in both electricity and natural gas procurement services and has experienced significant growth since the onset of deregulation in Pennsylvania and New Jersey in 2010. Back in September 2019, SJI Energy Advisors, a subsidiary of SJI acquired Applied Energy Partners, providing an even greater opportunity to expand our energy consulting services.Read More
Your Capacity charge is the second-largest component of your electricity bill – comprising roughly 15% – 20% of the total. Are you taking the proper steps to control and/or reduce it?Read More
How often are you able to secure future savings while locking in operating costs for goods and services needed to run your day-to-day operations? You probably would answer “Seldom, if ever.” If you could achieve guaranteed savings and budget certainty through 2020 or beyond, would you do so?Read More
If your energy procurement process doesn’t include all of these requirements, you should look around for a different energy procurement partner with a better process.Read More
It is important to continuously monitor electricity and natural gas bills to ensure that you are being charged correctly on both utility and third-party generation costs. If you’re working with an energy broker or consultant, bill reviews should be part of the service they provide.Read More
The rules of market timing are simple:
- Buy when the market is low and go long. Buying long-term contracts in down markets ensures advantageous rates, along with budget certainty and protection against significant upward market swings.
- If you must buy when the market is high, go short to ride out market volatility.
- Don’t wait until the last minute, or you’ll severely limit your options. Start pricing your next contract 12-18 months before your current contract expires.
Q: Since any buyer can buy directly from any supplier, why use a broker?
A: Because the only way to get the best price is to create competition between and among suppliers – ideally every supplier – and that’s the broker’s job.Read More