Mantis Solutions

Energy Procurement

Get the best rates and achieve long-term risk mitigation

Energy is one of the top five operating costs for most businesses and is crucial to your overall business strategy.

Through a strategic energy procurement plan, we can help you manage risk and free up time for you to concentrate on other aspects of your business.

Navigating energy market fluctuations and the evolving needs of your organization makes procuring energy at the lowest cost and most favorable terms challenging. It shouldn't be this complex.

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Strategic & Intelligent Energy Procurement

In addition to traditional procurement methods, Mantis Innovation offers a reverse auction platform called Procure that helps businesses, government agencies, and schools procure the lowest possible electricity and natural gas rates by having suppliers compete for their business. The platform simplifies the procurement process, saving time and reducing complexity.

 

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Key Benefits

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Expertise
Expertise and Market Knowledge

Mantis has extensive knowledge of the energy market, and we leverage this expertise to secure the best rates and terms for your energy needs.

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Time Savings
Time Savings

We can save you significant time by handling the complex details of energy procurement, such as assessing energy usage, sourcing the best deals, and negotiating contracts on your behalf.

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immediate savings
Cost Savings

Mantis can help you save money by comparing offers from multiple suppliers and securing competitive rates. We also provide insights into market trends and forecasts, helping you make informed decisions.

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Terms and Conditions
Comprehensive Review of Terms and Conditions

We thoroughly review the terms and conditions of energy contracts, ensuring that you get a favorable agreement and avoid any unfavorable clauses.

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Monitor
Ongoing Support and Monitoring

Mantis provides ongoing support and can also help resolve any disputes that may arise.

Our energy procurement process focuses on your unique energy needs.

 

01

Energy Assessment: To understand your organization’s energy needs, we review your budget, risk management goals, operational patterns, and historical usage data to uncover opportunities to lower your costs.

02

Strategic Planning: Once your assessment is complete, we develop a robust energy strategy tailored to your budget, risk tolerances, and your organization’s short-term and long-term energy needs.

03

Select Your Rate, Term and Supplier: Drawing on our extensive network of energy suppliers, we create a customized list of suppliers whose pricing, terms, and capabilities meet your objectives.

04

Contract Management: Once you’ve narrowed down your options, your Mantis Innovation Energy Analyst will help you navigate the contract process so you fully understand the new terms. If edits to the contract are needed, our team is always on hand to provide expert insights and assistance.

05

Ongoing Support: After you’ve secured your contract, your Mantis Innovation Energy Analyst continues to monitor energy market conditions.

Use Cases

multi family housing

Multi-Family Housing Facilities

A multi-family housing facility might utilize electricity procurement services from Mantis Innovation to optimize energy costs and ensure reliable power for residents. By leveraging Mantis's expertise, the facility can benefit from tailored procurement strategies and expert analysis of market trends, leading to significant cost savings. Mantis can negotiate better rates and terms with suppliers, providing ongoing support and monitoring to manage energy consumption efficiently. This proactive approach helps the facility maintain a stable energy budget, enhancing operational efficiency and resident satisfaction.

banks

Financial Institutions

Financial institutions such as banks may use an energy procurement service such as Mantis Innovation for their natural gas procurement needs to achieve cost efficiency and budget predictability. Mantis provides expert analysis and tailored procurement strategies that align with the bank's specific energy requirements and financial goals. By leveraging Mantis's extensive network of suppliers, banks can secure competitive rates and favorable contract terms, leading to significant cost savings. Additionally, Mantis offers ongoing support and market monitoring, ensuring that the bank can adapt to market fluctuations and maintain a stable energy budget. This allows the bank to focus on its core financial operations while benefiting from optimized energy procurement.

 

manufacturing

Manufacturing

A manufacturing facility with sustainability goals may turn to an energy procurement service like Mantis Innovation for their green energy needs to align their operations with environmental objectives while optimizing costs. Mantis offers tailored procurement strategies that include sourcing renewable energy options such as wind, solar, and biomass. By leveraging Mantis's expertise, the facility can secure competitive rates for green energy and benefit from services like energy audits, carbon footprint assessments, and sustainability reporting. This comprehensive approach not only helps the facility reduce its environmental impact but also enhances its reputation as a responsible and forward-thinking organization. With Mantis's ongoing support and market insights, the facility can continuously improve its sustainability efforts and achieve long-term energy goals.

Additional Insight

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Large Global Submarine Telecom Company

Long term energy procurement client with over 13 years of loyal partnership and documented savings.

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Global Leader in Information and Communications Technology

Helped a multinational networking and telecommunications company achieve multi-year savings.

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lima, oh
City of Lima Ohio

Helped the city with high energy procurement RFP development costs and a limited pool of respondents and contract options.

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Next Steps

Complimentary Energy Analysis

We offer a complimentary Energy Analysis to analyze your consumption profile and financial goals. We can then advise on supplier contracts as well as energy efficiency solutions, green power options, and utility bill audits.

Featured Solutions
Energy Procurement is a great solution, but do you know what makes it even greater? Pairing it with any of the offerings below!
  • LED Lighting
  • Smart & Connected Buildings
  • Demand Response
  • Utility Bill Management
  • Utility Bill Management