View this auction in action for the answer. Procuring energy is easy with the World Energy Exchange®, where suppliers compete online for your business—resulting in the lowest available prices for electricity and natural gas. Yet low prices are only the beginning. The World Energy Exchange is a web-based procurement platform that provides unprecedented efficiency and flexibility. With more than 300 suppliers registered on the World Energy Exchange, you have far more access to qualified suppliers than you would with a broker or consultant. Plus, our paperless process makes it easy to stage multiple RFPs with various terms and loads, including renewable energy, allowing you to compare pricing for different contract parameters quickly. And every bid is date- and time-stamped, offering complete transparency throughout the transaction process. The World Energy Exchange is faster than paper RFP and phone procurements: you can complete your contract just hours after auction close and receive a complete audit trail of every bid placed throughout the transaction for reliable SOX compliance. View this 5-minute auction in action to learn how online energy procurement works—and see how one company was able to save $35 million in energy costs with us.
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