Our Process and Fee
Our Simple Process
After you decide to use our service, we need the following from you:
A signed letter of authority enabling us to receive your load data for analysis, and prepare for bids.
We will then perform all of the work below, and present you with all bids in an executive summary format.
We will:
- Analyze the last 16 months of usage data. Your staff may not have the time or expertise to analyze themselves.
- Correct any undue charges and have them credited back to you.
- Formalize a procurement strategy.
- Prepare a formal request for quotation, including all pertinent information.
- Send RFQ to the top energy companies in your market. (approved suppliers must meet our strict guidelines)
- Analyze and evaluate the bids.
- Present executive summary
- Negotiate a contract, with the winning bidder, with the best terms and conditions available in the marketplace on your behalf. (You must execute the contract)
- Present client with executable contract.
- Ensure contract is properly executed and implemented by supplier.
- We manage your energy on an ongoing basis! Once you become a client of Reverse Energy, we will contact you on a quarterly basis to review all of your accounts pro actively! As a value add, our energy consultants will handle any and all matters related to your utility company… billing issues, address changes, location drops/adds etc.
*As your energy consultant, we will perform any task necessary throughout the term of your contract, so you can focus on your business!
Our Fee
Regardless of which electric company or natural gas company you choose, our fee is paid through the supplier. The fee is generally equal to or less than the commission that would be paid to a salesperson that represents any individual energy company.
We are paid the same fee by each supplier. Making us completely unbiased!
Which Suppliers Do We Use?
- We pride ourselves on our relationships with our approved suppliers.
- We do business with the largest national providers as well as proven, smaller private regional providers.
- Each Supplier has different niche markets. We match the supplier to the client.
- Each supplier must pass a rigorous review process to become certified. This includes, but is not limited to: financial analysis, performance in other markets, benchmark performance within the same market, interview of executive team and interview of current customers. We generally determine if the supplier does what they say they are going to do?
- Suppliers must make a clear statement of stability in a particular marketplace, or a clear exit strategy, which has the best interest of the client in mind.
- We also know if this supplier is doing a good job for our other clients.
- Supplier must maintain good standing in their marketplace.
- To become an approved supplier email mlieberman@reverseenergy.com
- This is a dynamic marketplace. We are constantly reviewing our suppliers.