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In regulated markets, Prenova provides customers our Rate and Tariff offering that secures the lowest possible rate, energy pricing and refunds through the power of our extensive rate library and advanced modeling algorithms.  Prenova is uniquely qualified to negotiate for favorable service reliability considerations at the lowest possible cost given our scale and the over $3.5 billion in energy spend that we manage across North America. 

Problem: How can a company be confident that they have secured the optimal price for energy in regulated markets?  Given the lack of supplier choice and open market price competition, how can a company uncover potential opportunities for an improved rate?

Solution: Prenova’s Regulated Supply team provides extensive analysis of all existing tariffs and contracts to review potential rate opportunities.  Statewide Tariff Opportunity Assessments (TOA) of all statewide locations are provided on a routine basis.  Each TOA outlines the comprehensive potential opportunities for new tariffs, technologies, and projects that may present itself in a given market.  Prenova uses an extensive rates library along with advanced modeling algorithms to accurately project opportunities.  In addition to the regular statewide review, Prenova offers project-specific TOA’s, outlining cost and benefits for a single site or group of sites.

Experience within the Regulated Supply team is diverse and unique in that it includes utility rate design, mathematics, economic, statistical analysis, wholesale energy origination, renewable energy , cogeneration, distributed generation, engineering and detailed knowledge of many industrial and commercial processes as they relate to energy consumption.

Our experience allows Prenova to offer comparisons, analysis, and negotiations well beyond the standard packages by others.  Complex rate differential analysis, rate formulization, load profiling , and real time modeling well beyond the capabilities of most are routine for PRM-R staff.  In addition to the standard product of helping secure the lowest possible rate, energy pricing, and refunds, Prenova is uniquely qualified to negotiate for favorable service reliability considerations at the lowest possible cost.

Prenova understands customer requirements for reliability during customer-facing operating hours as juxtaposed against time-of-use rate opportunities.  We apply the best practices necessary to optimize the entire Utility Rate Package for the combination of best economics at the highest reliability.
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Outcome: Prenova’s Regulated Supply Team utilizes proprietary tools automatically track, model, and offer analysis to emerging market conditions. These tools enable the team to be highly scalable and capable of performing to both peak service demands as well as growth. Prenova’s Regulatory Supply Team utilizes the same methods and models that large utilities use for their rate design sections.  By taking this approach, Rate and Tariff reviews are scalable and accomplished more rapidly than typical processes.  We also deliver regular success tracking of the measured impact in terms of savings or cost avoidance resulting from our market analysis.  For customers that engage in intervention initiatives on Regulatory issues, we’ll make timely recommendations, including a cost-benefit analysis, for Regulatory or Legislative actions.