Small Credit Union Best Practice #1
To my fellow credit unions,
I have been fortunate enough to have used the APPI services twice now. When I started at Southland Federal Credit Union our cost was 15 cents per kilowatts. With the help of APPI they were able to find a company that locked in the rate at 7.5 cents per kilowatts, which cut my expenses in half. To say the least, it was at a time I really needed to save anywhere I could and that savings really did help us out.
Now my three years is coming up and APPI stepped in again and this time has locked in a rate at 7.2 cents per kilowatts and for 54 months. So when my current contract expires, I’ll be moving over to another service provider. APPI makes the process easy and simple… “they” do the work for “you”….it is a service that I would recommend any credit union to take advantage of.
Sincerely,
Jonathan P. Matthews, CEO
Southland Federal Credit Union
Lufkin, TX
How it works
APPI Energy works as your independent electricity consultant, always representing your business, not the supplier. In partnership with APPI Energy’s network of endorsed associations, their consultants assist clients through every stage of the procurement process including:
Ø The analysis of existing electricity accounts and supplier contracts.
Ø The solicitation of supply offers from qualified, competing electricity suppliers.
Ø The vetting of suppliers, and the negotiation of best price, terms, and conditions.
Ø The handling of all paperwork and the management of the transition process to the new supplier.
Ø The ongoing management of client accounts to ensure optimum performance and supplier service.
Ø The monitoring of energy markets for additional opportunities and continued due diligence of suppliers.
Ø No upfront expenditures, hourly fees, or retainers, APPI Energy is only compensated if the client chooses to implement a recommended solution.
How to get started
Contact APPI Energy and you will be assigned a dedicated, experienced consultant that will work with you every step of the way. Theirr consultant team is supported by a staff of business professionals including tariff analysts, legal, financial, technology, marketing, and customer service experts.
In order to best evaluate your business needs and to identify opportunities to reduce and manage electricity costs, follow these two simple steps:
1. Sign a letter of authorization that allows your APPI Energy consultant the ability to obtain your electricity consumption history from your current supplier. Your APPI Energy consultant will send the letter of authorization over for you to sign and you simply fax it back.
2. Provide APPI Energy a copy of at least one month's bill and your consultant will take it from there.
APPI Energy has direct access to energy suppliers in the states where its clients operate. APPI Energy performs initial and ongoing due diligence of vendors to determine which ones can and will provide reliable energy services to APPI Energy's clients, as well as exceptional customer service.
To better serve its clients, APPI Energy's staff draws upon its cutting-edge market research capabilities, knowledge of suppliers’ contract terms and conditions, and its vast database of energy information.
APPI (Texas Office)
www.appienergy.com
990 Highway 287 N.
Ste. 106, PMB 317
Mansfield, TX 76063
817-914-1710
Founded in 1996, Affiliated Power Purchasers, International (APPI Energy), is an independent energy consulting firm. APPI Energy is endorsed by the American Society of Association Executives (ASAE) and over 130 high-profile national, state, and regional associations as their exclusive energy consulting partner. APPI Energy provides energy procurement and management services to more than 2,500 diverse clients of all sizes including commercial and industrial businesses, governmental/educational entities, and nonprofits.
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