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BUE News and Events

The BUE news and Events will keep you updated on industry news and upcoming events.

BidURenergy Helps Capital Region Businesses Cut Costs

Posted by Mark Bookhagen, CEP
Mark Bookhagen, CEP
BUE Director
User is currently offline
on Friday, 04 May 2012
in BUE

BidURenergy has long been a force in the Northeast and recently began exploiting a change in market conditions to help businesses in the Capital Region lower their electricity supply charges. The underlying power pricing conventions in Delmarva Power, PEPCO, Baltimore Gas and Electric have shifted as utilities’ rates continue to rise. Many commercial users currently purchase their electricity supply through the utility, which was the cheapest way to do so for the past few years. The tide has recently turned in D.C. and Maryland as businesses are now able to save substantially over the rising utility default service by choosing a third party supplier. BidURenergy has been at the forefront of the market change and has saved current clients over ~$4 million in the past five months.

In deregulated energy markets like D.C. and Maryland, consumers are able to procure their natural gas and electricity through a third party supplier rather than through the utility company. The energy procurement process can be complex but BUE, an independent company working for its clients and not for any supply company, helps clients navigate the system to obtain the lowest rates on their utility bills. For more information on deregulation visit www.BidURenergy.com, which includes an interactive map displaying all the states in which BUE is licensed to operate and which energy markets (electric and/or gas) are deregulated.

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BidURenergy Announces Educational Webinar Series

Posted by Mark Bookhagen, CEP
Mark Bookhagen, CEP
BUE Director
User is currently offline
on Monday, 30 April 2012
in BUE

BUFFALO, NY - At 8:00 AM today, BidURenergy, Inc. (BUE) announced it would be holding a series of educational webinars free to the public. The webinars, targeted at large business owners and executives, will provide detailed information on many energy related hot buttons, current events, and regulatory changes. The series features seasoned energy expert Thomas Johnson presenting a broad range of topics ranging from North America’s energy outlook to the price of "capacity" in Consolidated Edison (a NY utility).

After a short, yet successful two-webinar pilot, the main series will kick off May 17th and will continue indefinitely. The webinars are scheduled every Thursday at 11:00 AM (EST):

 

  • May 17th – "NJ 2012 BGS Auction and the Impact on Utility Rates"
  • May 24th – "Duke Moves to PJM - How will this affect your business?"
  • May 31st – "PJM Capacity Prices"
  • June 7th – "Summary of the EPA’s 2012 Energy Outlook"
  • June 14th – "The State of Solar Energy in NJ"
  • June 21st - "Marcellus Shale - To Frack or not to Frack?"

 

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BidURenergy's New Introduction Video Launched

Posted by Mark Bookhagen, CEP
Mark Bookhagen, CEP
BUE Director
User is currently offline
on Wednesday, 11 January 2012
in BUE

BidURenergy company video

January 10, 2012- The rising energy consulting firm, BidURenergy (BUE), has published a much anticipated introduction video on its newly designed website. The video combines state of the art graphics and animation with a useful summary of the firm's PowerPit™ blind auction platform. BUE's graphic artist provide easy to understand visual effects to help prospective clients appreciate the benefits of using the firm to procure electricity and natural gas. The video can be seen by clicking here.

If you have any questions or would like more information on our program, please contact:
Mark Bookhagen
4455 Genesee Street
Buffalo, NY 14220
877-669-8243

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BidURenergy Unveils Inspect-UR-Bill Auditing Software

Posted by Mark Bookhagen, CEP
Mark Bookhagen, CEP
BUE Director
User is currently offline
on Thursday, 22 December 2011
in BUE

Inspect-ur-Bill

BUFFALO, NY / PRBuzz.com / December 21, 2011 - - Making waves in the energy procurement industry for the past five years, BidURenergy, Inc. (BUE) has added a new weapon to their arsenal that has careless utilities companies trembling. The firm, headquartered in Buffalo, NY, recently contracted industry leading ECS Business Services to audit its clients' utility bills. With over $2 million recovered within a month of the program lauch, thanks in large part thanks to a few egregious billings errors, the recently developed algorithms and software have reach near mythical proportions within investor owned utility inner circles.

Their strategy is basic in principle, but complex in action. They use software to recreate business' bills with the usage information and complex tariffs (documents stating rate structures). If the Total Bill Amount from the software and the Total Bill Amount on the business' actual bill do not match, analysts figure out where the mistake might be and quickly act to facilitate a refund. Since there can be hundreds of cost components incorporated into each bill, it is obvious why business owners cannot dedicate the time it would take to accurately complete this monumental task by hand.

BUE offers a no-lose proposition: if they successfully facilitate a refund, they will invoice you at a rate of 50 percent of the recovered funds (this is a contingency fee - if nothing is recovered, you pay nothing!). An independent study recently found that over 40 percent of all utility bills have erroneous line items or overcharges; so, it is no wonder BUE has received over 50 requests and recovered over $800K in the past 3 weeks alone.

If your company would like to find out more information, BUE representatives can be contacted at 877-669-8243.

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