ABSTRACT

One of the benefits of competition is that it offers customers choices, including different ways to select a power supplier. Getting the most out of the competitive market involves attention to that process. To initiate the request for information process, develop a document to send to suppliers found at their public utility commission web site that are listed to serve their customer rate class behind their utility. While popular for many years, some customers have found that such auctions may not be providing all the value available from the bidding process. It is aptly named because-unlike auctions-bidders cannot see the bids of their competitors, but the specialist and the customer can. Once the price discovery method and bid date are determined, it's time to create the electronic request for proposals. To secure pricing from a supplier, it must access monthly usage and other data from their utility.