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Posted: Nov 30, 2007
The Cleaning Products Company that's Committed to a Cleaner World has Partnered with Prenova for Cleaner Energy Solutions
ATLANTA, GA - November 30, 2007 - Prenova announced today that it will provide Energy Price and Utility Management across this leading producer of cleaning disinfectant products’ 35 locations in North America. Utility Management solutions include the analysis of utility bill data to uncover economic risks and energy efficiency opportunities. Prenova will also provide tools and market opportunities for the management of energy price volatility.
For Utility Management, the customer chose Prenova Flex for the entering of bill data in Prenova’s data warehouse, and then Prenova’s Bill Audit service to uncover risks and opportunities. Prenova stores the utility data in its data warehouse and performs a series of powerful proprietary processes to identify bill errors (including rate and tariff reviews) and anomalies, which Prenova then investigates and resolves. In the event of errors from the billing party, Prenova notifies the party, and obtains a credit or refund on the customer’s behalf. Prenova then ensures that these corrections are sustained in all subsequent bills.
Prenova will also provide the customer its Rate and Tariff Optimization solution and Price Risk Management in regulated and deregulated energy markets, respectively. Through the Rate and Tariff Optimization solution, Prenova identifies the best possible regulated commodity rate for each relevant site in the customer’s portfolio. Prenova’s Price Risk Management solution addresses the optimization of cost and risk in procuring electric and gas energy for the enterprise. Price Risk Management includes the continuous review of market conditions to assess and determine both the potential near-term and future impact on financial outlooks these market changes create for the customer’s energy supply portfolio in terms of potential savings or risks. Price discovery, and then the setting of a strike price by market, is a critical part of this solution. Prenova then develops strategies and plans for managing price and risk, recommends specific actions to the customer, executes the agreed actions, and performs Quality Assurance to ensure that changes are accurately implemented.
Cleaning Products Company Overview
The company is a leading manufacturer and marketer of consumer products, with some of the consumers’ most trusted and recognized brand names. With 7,800 employees worldwide, the company manufactures products in more than two dozen countries and markets them in more than 100 countries.
About Prenova
Prenova helps companies control energy spend by reducing utility costs and improving energy efficiency. We work hand-in-hand with our customers to develop an energy strategy that fits their unique business needs. Then we help them implement this strategy consistently across the organization by providing services that span the entire energy lifecycle. From sourcing energy to controlling energy consumption, Prenova’s solutions can reduce energy spend by 10-20%. That’s why companies like Burger King, Costco, Dollar Tree, Dress Barn, and Home Depot turn to Prenova.
For more information, please visit www.prenova.com.
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