From Fragmented Contracts to Portfolio Leverage: How a Multi-State Operator Gained Control of Energy Spend

Project Overview 

A national car wash chain operating more than 30 locations across multiple states was managing electricity and natural gas through a patchwork of suppliers, contracts, and rates. The lack of alignment made budgeting unpredictable and left the organization at the mercy of market volatility. Mantis Innovation unified contracts across all sites, introduced a balanced hedge strategy, and implemented blend-and-extend tactics to capture immediate savings and long-term stability.

The Challenge 

Running more than 30 car wash locations across multiple states can be a logistical feat on its own. For this chain, energy procurement had become a tangle of mismatched contracts, different suppliers, and inconsistent rate structures. Leaders knew this lack of alignment made budgeting difficult and left the organization vulnerable to market swings. They needed a way to bring order, visibility, and consistency to electricity and natural gas procurement.

The Solution Mix

Mantis Innovation stepped in to consolidate the chaos. We built a single electricity strategy that combined fixed and index exposure to balance cost certainty with market opportunity. For natural gas, accounts spread across different utility territories were unified under a single structure. Finally, by applying a blend and extend strategy, the client captured lower electricity costs while locking in long-term stability.

The Results

The organization quickly saw the value of a unified approach. They gained transparency into their energy spend, avoided inflated costs, and created a foundation for stronger negotiating power in the future.