8760 Expense Management
Maximize your savings on your utility bills with 8760’s utility expense management in Alberta. Get a clear understanding of every charge on your electricity and natural gas bills, and discover strategic ways to reduce costs and enhance efficiency. Take control of your utility expenses now.
Managing your utility bills can be challenging. The electricity and natural gas industries are confusing, volatile, and often difficult to understand. We’re here to change all that with our utility expense management services.
Our 360-degree expense optimization focuses on the entire energy bill, implementing strategies that will contain or reduce costs impacting the top part of your bill (consumption) and the bottom part of your bill (delivery).
By minimizing your costs, we ensure your utility expenses are under control, contributing to energy efficiency in Alberta with our utility expense management services.
We work hard to secure competitive Alberta electricity rates for your electricity and natural gas contracts. How? By combining the buying power of our clients in a competitive bidding process. This strategic approach reduces retailer margins on utility bills and saves you money.
Choosing the right Alberta energy companies is key to lowering your risk and enhancing your savings. We choose the right product at the right term and time to optimize your electricity rates. With a deep understanding of forward price markets and your expense management goals, we create a solution that’s best for your business.
Distributor charges account for a large portion of your utility bill. Although these costs are regulated, they can still be optimized. Examining cost drivers, we relentlessly search for ways to reduce or contain your distributor charges through a thorough utility expense review.
We offer valuable insights to manage your utility expenses, including analysis of the average electricity bill in Alberta. From preparing budgets and providing carbon tax impacts to sharing electricity and natural gas market updates, we keep you informed and up to date on the latest trends.
Our top-notch customer service sets us apart. Whether it’s managing site adds and drops, handling billing inquiries, or resolving issues with retailers, we’re here to help with our utility bill assistance. This eliminates the headache of managing these issues on your own.
For building owners, optimizing energy consumption is key to managing hydro bills effectively. Together with our industry partners, we find opportunities to reduce energy consumption, minimize emissions, and manage your carbon credits. Click here to learn more about Energy Efficiency.
Our brilliantly simple solutions bring you peace of mind. We manage the technical aspects of your utilities, so you can focus on growing your business.
We bid for the best rates to get you the lowest costs, reducing your bill cost. Through the power of aggregation, you can save thousands of dollars in utility expenses each year.
Our educated professionals provide honest and helpful solutions that work, so you don’t have to worry about exposing yourself to risk.
No more riding the ups and downs of the energy market. With our strategic insights, we keep your expenses consistent through our utility bill management solution.
Many organizations have significant electricity and natural gas expenses thus realizing a requirement to employ a sophisticated and consistent effort to properly manage and control these costs. The question being asked in today’s environment is not “should we employ an energy strategy”, but “how do we build and maintain an energy strategy for our organization?” Having professionally crafted energy strategies will not only help to reduce year to year expenses, but they also enable the organization to manage and balance its overall cash-flows and budget. Energy markets are complicated and volatile – having a strategy to deal with these realities is extremely important to your bottom line.
If you forge ahead on your own, organizations are simply not taking advantage of the power of aggregation to help lower energy costs for their business and obtain transparency of their arrangements. Energy retailers are motivated to make as much profit as they can from their clients and they use their knowledge of the industry and their position of strength to do exactly that. By working with 8760, you get the benefits of our industry expertise and through our aggregation model, you can take advantage of our ability to lower margins and fees levied by energy suppliers resulting in potentially significant savings for your organization.
Your electricity and natural gas billing is invoiced by the Retailer that wins the RFP and/or provides the electricity/natural gas supply. 8760’s management fee is included as a separate line item on the bill, in most cases. Everything is very transparent and clear in terms of what you end up paying for your electricity and/or natural gas expenses.
You do have the ability to work with 8760 even if you are in an existing energy contract. We are focused on future periods for which you are not already contracted. Working with 8760 on an energy procurement process well in advance of contract expiry allows your business to take advantage of the 8760 RFP process and leverage today, obtaining future cost stability at the lowest rates possible for the future. This effectively allows your organization to guarantee and plan for future budget expectations well in advance, as opposed to being subjected to unknown market pricing at the time of contract expiry. We also conduct reviews on your delivery costs (also known as distribution and transmission costs) and this can be done regardless of whether you are in a contract for the foreseeable future. 8760 can help you save now!
8760 is neither an energy retailer nor an energy broker. Rather, 8760 is a full service, independent expense management and energy procurement firm. We look at the entire utility bill and 1) look for ways to reduce your commodity costs through the buying power of our aggregated RFP process 2) lower delivery charges through our distribution and transmission review that can uncover substantial savings in this overlooked part of the bill and 3) help your business be more energy efficient which leads to lower consumption and costs along with a favorable impact on the environment. Bottom line is that 8760 works for you and our proven approach has helped our clients save substantially on their energy costs.
8760 makes money through a transparent management fee. These fees are independently disclosed on a separate line item on your energy bill you receive each month. It is important to note that the 8760 fee is offset by the savings delivered by 8760 and is part of the transparency promised. Energy suppliers and/or brokers generally do not disclose their fees and margins, but instead bury it into the commodity ($/kWh or $/GJ) price.
Our review process is very simple and non-intrusive. We can quickly determine if there is an opportunity for 8760 to help your business. If you are in a good position, we will confirm that. If you are not, we will look for ways to improve your situation. It is truly a no-lose proposition. 8760 has dedicated Account Executives to help you with your expense management needs. We’re happy to visit your office to discuss opportunities for us to help your business. Contact us today to get us working for you.
8760’s focus is to create and build energy strategies for our clients across Canada. Energy strategies for organizations typically include both electricity and natural gas expenses, but this will depend on the operating jurisdictions and its regulatory environment (i.e., regulated vs de-regulated). 8760 will work with companies to implement the most appropriate strategies based on their particular market, available options, and what is best for the business.
There are several benefits you receive working with 8760 including: