Industrial
LEGACY has the insights, tools, and expertise to help clients successfully navigate through these turbulent times.
Because energy prices have been low and relatively stable for most of the last two decades, controlling energy costs has, for many industrial firms, been a low priority. Today’s energy environment is one of record-high prices and extreme volatility, requiring continuous attention and management.
The Perfect Storm
As electricity and natural gas costs have risen, industrial firms of all sizes have been forced to control their energy usage, costs and risk if they are to survive. Record-high energy prices, combined with extreme volatility, have created the potential for catastrophic consequences, making risk management critical to controlling energy usage and cost.
By partnering with LEGACY, your organization can augment the capabilities of your existing staff and gain access to expert resources at a fraction of the cost of establishing an in-house group. LEGACY’s expertise and proprietary tools empower clients with the knowledge to make sound energy-related decisions that can enhance revenues, reduce expenses and control risk.
How to Begin
LEGACY believes that sound energy management begins with a clear view of our clients’ goals, coupled with organized, audited historical utility data. This raw data helps us produce a clean baseline for sound energy analyses, strategies and applied solutions. Key analyses include budget simulations and prioritization of energy-conservation opportunities. These in turn provide the foundation for strategies to manage price risk, structure procurement contracts and measure and verify the costs that were avoided as a result of energy conservation measures.
Managing Energy Price Risk
Managing risk effectively requires understanding your company’s willingness to tolerate budget uncertainty while pursuing the lowest possible price. Traditional analytical tools can no longer handle the multiple variables that must be considered for effective strategy development. However, LEGACY’s risk-management professionals, equipped with the latest sophisticated tools, can analyze the numerous variables, develop a comprehensive strategy, and provide hedge-execution support needed to achieve your financial goals.
LEGACY Puts You in Control
LEGACY provides the knowledge that empowers clients to make sound energy-related decisions. With years of experience implementing effective solutions, LEGACY offers a complete suite of services for industries throughout the country. We have no supply positions in the market, so partnering with LEGACY gives you an objective, broadbased perspective with the benefit of best practices from the variety of industries we serve.
Social Responsibility
Today, clients are not only interested in controlling energy costs, but also in ensuring they are meeting their social responsibility concerning the environment. LEGACY helps clients compile and organize their utility data, then assists in prioritizing energy-efficiency and conservation efforts, as well as provides the tools to measure the financial and emissions impact of those initiatives.
Tracking Performance
To measure and track performance, we offer POWERVIEWS™, LEGACY’s proprietary, state-of-the-art, Web-based data platform. Users can log in 24/7 to view, analyze and understand your actual utility data from all of your electricity and natural gas providers for each meter and associated locations. This platform has a user-friendly format, so you can easily obtain the information you need to develop budgets, benchmark key metrics, and monitor consumption and expense trends.
LEGACY’s combination of industry experience and sophisticated risk and information-analysis tools makes our company one of the premier providers of energy management solutions. Our trained, dedicated and knowledgeable account-management teams are available to answer your questions, and help you take control of your energy costs.