A family-owned steel manufacturing company with a limited circle of advisors
The company owns five facilities and has a load of 18MW
They wanted to pursue strategies to maintain operating margins in a hyper-competitive market
They also wanted to develop a deeper understanding of what supplier options existed and what factors like the volatility of natural gas in the U.S. had on their costs
Opportunity
To help them appreciate the local market success and expertise we offer
Assist them in understanding the value of having an energy expert working on their behalf
Ensure they would have a competitive advantage and budget certainty in their highly competitive industry
Impact
Worked with the leadership team directly to develop a roadmap to identify market options and what to do to mitigate risk and improve reliability
Through collaborative efforts we identified hidden fees from past contracts and delivered a five-year contract that included a 37 percent savings over the term
Total savings over a five-year term: U.S. $19 million
