Maximize your cost savings

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.

What is utility expense management?
  • Price certainty and stability
  • Honest and unbiased advice
  • Competitive pricing
  • Insightful strategies
  • Renowned customer service

FAQs: Utility Bills in Alberta

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:

  • Budget creation: Clients can request a budget to help with annual and long-term expense forecasting which can help with strategy planning efforts.  Budgets also take into consideration impacts of the ever-increasing carbon tax and its financial impacts.
  • Customer service/support: our team of energy experts are here to help manage your energy needs. Whether you have sites to add/drop, billing questions or problems, or simply want to understand where the market is heading, our team can help.
  • Market Updates/Insights: We provide ongoing market updates to keep you informed about what is happening in the industry. Insights include current pricing, issues impacting demand/supply/future pricing, policy changes and strategy recommendations to help you optimize your energy decisions.
  • Unbiased and transparent advice: We are in the business to help our clients. So we work for you. Our advice is straightforward, unbiased and focuses on improving YOUR position and it is provided by energy professional with the expertise needed to make informed decisions.

What our customers say about us

“8760 is knowledgeable, responsive, pro-active, innovative, transparent and, most importantly, “hassle free”. The team has provided us with excellent, cost effective support for our needs and has helped us extensively in fulfilling our desire for cost certainty and management of a large expenditure.”

K-BRO Linen Income Fund

“We are looking at nearly $200,000 in savings over four years in our energy consumption bills, and $12,000 annually for the life of our buildings on our distribution and transmission charges. That $12,000 annually gets funded straight back into out maintenance program and now helps us to maintain our buildings.”

Evergreen Foundation

Utility Management Case Study

“8760 conducted a review of the City of Fort Saskatchewan’s utility delivery costs for all of our facilities. We were really impressed with the process and 8760 saved our department $62,000 annually.”

City of Fort Saskatchewan

“Our experience with 8760 has been overwhelmingly positive. Their expertise, knowledge and experience in natural gas and electrical procurement have allowed us to reduce our expenses and lower our budgeting forecast. I would recommend 8760 to anyone in search of lowering their total operating expenses.”

Gordon Food Service

“We have a great program in place that provides value and real savings to our members and the team servicing our accounts provide world class service and advice. We couldn’t ask for a better partner.”

WD Co-Auto
Full Optimizing Energy Costs Case Study