Stabilizing energy costs to support rapid expansion
Project Overview
Leiters Health, a national leader in outsourced hospital and healthcare pharmacy compounding, was preparing for a facility buildout that would nearly double its energy use. To ensure stability through this high-growth period, the company needed energy procurement expertise to fortify their strategy.
The Challenge
Default utility service left Leiters exposed to volatile wholesale markets, rising capacity charges, and unpredictable costs. Facing rapidly increasing energy demand, the company needed a procurement strategy that could deliver budget certainty and eliminate risk at a critical moment of growth.
The Solution Mix
Mantis Innovation secured a 48-month fixed-rate electricity contract that bundled all major cost components: energy, capacity, transmission, and taxes, into one predictable rate. The contract was structured without a Material Adverse Change clause, protecting Leiters from penalties tied to increased usage or capacity tags. By prioritizing stability over short-term bidding, Mantis delivered competitive pricing paired with long-term protection.
The Results
The strategy produced immediate savings of more than $100,000 annually compared to utility costs and achieved a five percent reduction against updated utility rates. Just as important, the four-year contract shields Leiters from market volatility, giving leadership price certainty throughout the expansion. With energy spend stabilized, the organization can move forward knowing its growth plans are supported by a protected budget.