While an energy budget can play a useful role in forecasting cost, developing one can be a challenging and time-intensive undertaking. Anticipating future energy expenses goes beyond just applying a blanket percentage increase to current costs. Instead, effective budgets take into account information about market volatility, operational changes and forecasted rate increases.
Summit Energy can create energy budgets that allow you to more accurately allocate funds for future energy costs. We save you time by conducting all the necessary research and bring value by estimating costs for each-and-every facility.
Features of a Summit Energy Budget
- Ground-up Approach
Summit Energy develops site-level budgets that can be combined to form an aggregate, corporate-level budget or sliced and diced however you want. Your company can more accurately predict specific facility costs with an energy budget prepared from the account-level up.
- Intelligence Driven
Our deep energy expertise allows us to account for future rate increases when building your companys energy budget. In addition, we can leverage information from our proprietary energy price forecasting model to estimate your companys exposure to the volatile energy market.
When developing a budget, our energy professionals examine factors such as historical and projected consumption data, existing contracts, fixed market positions and anticipated rate increases. We study how these factors will affect future energy costs and incorporate that intelligence into the budget.
Summit Energy budgets allow your company to plan for energy costs at both the site and corporate levels. Employees throughout your organization can access the budget online using Resource Advisor, Summit’s award-winning online energy management software.
Contact us to achieve a more accurate budget.
- Data Management
- Strategic Sourcing
- Rate Analysis
- Budget Development
- Risk Management
- Market Intelligence
- Online Reporting
- Producer Services