You can save your school 30% or more on electricity costs PUBLIC SCHOOLS PRIVATE SCHOOLS UNIVERSITIES & COLLEGES
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1 You can save your school 30% or more on electricity costs PUBLIC SCHOOLS PRIVATE SCHOOLS UNIVERSITIES & COLLEGES
2 IMAGINE WHAT Your School COULD DO WITH ELECTRICITY SAVINGS OF 30% In 2012, the Salem City Board of Education was facing the same shrinking budgets that schools across the US are facing. But with a 10-minute EMEX Reverse Auction where energy suppliers bid online in real-time for a school s contract they saved over $175,000 on electricity costs. That s money they can allocate to books, computers and support staff salaries. As belts tighten at public and private institutions, administrators are looking for ways to reclaim cash. Discover how, with an EMEX Reverse Auction, your school can save real dollars that make a real difference.
3 In 13 minutes, I saved my client $175,000 thanks to EMEX. I was an instant hero. Albert Telsey, Esq. Attorney Salem City Board of Education TOTAL Savings: $175,
4 Working with EMEX was a great experience. I recommend other agencies looking to cut their energy costs consider EMEX Reverse Auctions. Paul Amoroso Superintendent of Schools Pompton Lakes, NJ The Pompton Lakes Board of Education saved over 25% of their total electricity bill with their EMEX Reverse Auction. TOTAL Savings: $149,
5 GUARANTEED TO OUTPERFORM "ACES" & ANY OTHER SERVICE Or We'll Pay Up to $1,000 of Your Next Electricity BILL New Jersey legislation encourages school districts to seek out the lowest possible price on electricity. Services such as the Alliance for Competitive Energy Service (ACES) have been created as a means of reducing electricity costs via bulk electricity purchases. But did you know that you are not required to use ACES to procure energy? Your only state requirement is that you receive energy-related goods and services at a cost less than or equal to the cost achieved by participants in ACES. EMEX guarantees that our reverse auction platform will get you the lowest possible price on energy - a rate lower than ACES or any other such service could achieve - or we will pay as much as $1,000 toward your next electricity bill.* We can make this guarantee because we offer something much better than bulk buying; we offer customized bids in a live auction environment that promotes healthy competition and drives down prices every time. EMEX Reverse Auctions Streamline RFPs Let EMEX Reverse Auctions bring suppliers to you in a 10-minute real-time auction, which is conducted online in our elegantly easy-to-use interface. Like a traditional RFP without the hassle Up to 15 energy suppliers may bid for your contract Includes 1-on-1 help from an EMEX rep All bids are apples to apples Over $20M already saved in NJ Get a savings estimate before you begin * Prior to holding an EMEX Reverse Auction, the potential customer (customer) must provide a Quote to Beat (QTB) price in the form of a supplier quote sheet. The QTB must reflect the same start date and account numbers to be used in the EMEX Reverse Auction. The QTB must be a current price reflecting present market conditions. The customer must also provide a current bill for all meters. The customer must sign a letter of exclusivity (LOE) with EMEX prior to holding the reverse auction so that EMEX can coordinate the auction with all appropriate energy service providers. After the reverse auction, if EMEX has not generated a rate that matches or beats the QTB, EMEX will pay up to $1,000 toward the submitted bill copy (QTB energy bill provider) upon receiving proof that the customer has contracted with the supplier of the QTB. Proof to include a copy of the signed contract and a bill copy that reflects the QTB price. Actual payment is calculated based on the customer s annual usage. For every 1,000,000 kwh the customer consumes annually, EMEX will pay $100, with a maximum of $1,000.
6 See How You'll Get the Lowest Possible Rate in 4 Efficient Steps: 1. REGISTER ONLINE IN 2 MINUTES OR LESS. 2. SCHEDULE YOUR REVERSE AUCTION. With little more than your name and contact details, you can register for a reverse auction and we ll take care of the rest. You ll no longer have to create detailed RFP documents. Or review and compare varied proposals over days. Or spend countless resources trying to save money on electricity. Schedule your reverse auction to begin in as few as 10 business days or as many as 6 months from now. We ll accommodate any schedule and make adjustments to suit the needs of you and your board
7 Your EMEX rep works 1-on-1 with you at every step. After you register online, let your EMEX rep help you audit and forecast your electricity use, set parameters for your auction, define contract terms and provide a reserve rate from which to begin the auction. We streamline the entire RFP process including reaching out to suppliers to invite them to prepare custom opening bids for your auction. During the auction, your rep will be with you on the phone, explaining everything that s happening and answering your questions. After the auction, you can review the results and, if you re ready, complete your contract all with the assistance of your EMEX rep. 3. WATCH ENERGY SUPPLIERS COMPETE FOR YOUR BUSINESS. 4. SIGN A NEW CONTRACT OR DON T. Most EMEX Reverse Auctions take less than 10 minutes, start to finish. While energy suppliers sweat it out to win your business, you can simply watch on your computer monitor or tablet as the rates fall. When the auction ends, you may select a new supplier or choose not to. If you don t save as much as you d expected, we re happy to host another auction for you. Either way, there s no commitment until you sign on the dotted line. EMEX is an NJDCA-approved reverse auction platform.
8 SATISFY THE MOST DEMANDING BOARD MEMBERS WITH FULL TRANSPARENCY AND ACCOUNTABILITY Because schools are subject to a high standard of accountability and the intense scrutiny that comes with it the more transparent and accessible a procurement process is, the better. EMEX Reverse Auctions are transparent. They take place in real-time. You, your board and other key decision makers can watch every bid and counterbid as they occur. Each participating supplier, equipped with their own unique and secure portal, watches exactly the same screens as they track and chart every bid, moment by moment; suppliers cannot see the names of the other suppliers bidding, but can continually outbid the competition. The result is a clear, level playing field with a step-by-step digital record of events, which you can easily make available for board member review. Scan this QR code using your smartphone to watch a time-lapsed recording of a reverse auction.
9 With EMEX Reverse Auctions, I achieved better pricing than I could through other means. Rich Meily Business Manager Juniata County School District
10 EMEX is a leading online electricity clearinghouse in 10+ deregulated states. We have made it our mission to put the power to save money in the hands of our clients with smart, ground-breaking technology designed to dramatically simplify energy procurement for schools. SAVE AS MUCH AS 30% WITH A 10-MINUTE REVERSE AUCTION With EMEX Reverse Auctions, suppliers offer you their lowest possible bid during a fast-paced 10-minute auction. By increasing competition among bidding suppliers, EMEX Reverse Auctions drive down prices and you realize significant savings. Best of all, you ll never get an invoice from EMEX. The consulting we offer you is 100% free, as is the entire auction process beginning to end. We are only compensated by the energy supplier you choose. Put the power to save money in your hands where it belongs with a highly tailored, highly competitive and thoroughly transparent EMEX Reverse Auction. ENJOY EASY ACCESSIBILITY, FROM ANYWHERE WITH INTERNET ACCESS Because EMEX is a browser-based online service, you can access your reverse auction from any device that is Internet-equipped. Which means your board members can also sign in to watch the auction and review contracts from anywhere desktop computers, laptops, tablets and smartphones. GET UNBIASED ACCESS TO LEADING ENERGY SUPPLIERS As a decision-maker in the energy procurement process, you are responsible for securing the best overall value for your energy dollar. In short, you need to find the best combination of rate and reliability. With EMEX Reverse Auctions, you get access to as many as 15 leading regional and national electricity providers. So you can rest assured that the great rate you lock-in will be accompanied by a proven record of consistency and service
11 I like that I didn t have to go call a company and ask them to quote on my business. Ten suppliers came to us to compete in our auction, and the whole auction process drove prices down almost 27% Chris Pittner Sylvan Learning Centers
12 How much could you save? Get an indicative quote when you register online: Or call Energy Market Exchange / EMEX LLC Richmond Ave., Suite 500 Houston, TX T F contact@energymarketexchange.com EMEX LLC is fully licensed and bonded in all the states we serve.
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