Procurement

Make procurement a breeze
with the best contracting process in the state.

Procurement

Our members are busy dealing with other complexities and tasks in their world. Our goal is to make sure that their energy needs are met in the most efficient manner possible with the lowest pricing.

The modern procurement method is
based on 3 core ideas:

1

Easy and seamless process for members.

2

Maximum value extraction from bidders and the lowest price.

3

Plan for the future, today.

Each member has their own needs and circumstances. Whether you need a
long or short contract shouldn’t matter to your Co-op. At TPEA we do it all and we
do it with one thing in mind, it must be a smart contract.

Here’s how the best public entities are working with us to procure their energy needs at the lowest prices.

TPEA

Energy Secure Contract ™

A contract designed specifically for public entities in deregulated areas to protect against risk and create a true apples-to-apples comparison.

Energy contracts are full of nuance that only becomes clear once the first bill has come. Our members know that major risks associated with a poor contract can lead to unexpected price adders disrupting the entire energy budget. Our members get the best terms and conditions with no surprises.

Save Time & Money

Our contract is already pre-approved by TPEA's 8 approved energy suppliers. This saves time and money for our members and suppliers as they do not need to involve their legal teams to get approval. We invested in this contract long-ago so that our members see savings today.

Member Protection

We hope for the best but have planned for the worst. Our contract has built in mechanisms to protect our members from all risks associated with energy procurement.

- Regulatory Risks

- Supplier Default Risk

- Performance risk

Always Prepared

Planning doesn’t always go the way your team thought it would. We take this into account so that when things change we have already planned this for in the original contract with a generous add/delete allowance. We also incorporate known growth plans into your contract to minimize your risk.

Member Benefits

- Unlimited Swing

- Fixed Nodal Congestion (hub to load zone basis)

- Appropriations and & Prompt Pay Act language

- No Monthly Customer Charge

- No unknown pass thru charges

Avoid long...

Drawn-out...

Do-it-yourself RFPs

Do-it-yourself RFP’s come with some major drawbacks, especially for today’s overstretched teams. Many that run RFP’s don’t hire outside help so they end up with inferior contracts, higher prices, and unexpected pass-through costs.

Besides saving 3-6 months of time, our members save huge costs by not needing to hire outside legal and energy consultants to advise them on the procurement process, we’ve already got it covered.

The Modern Cooperative takes care of its members

from a 360° perspective.

Independent Advocacy

Your single point-of-contact

Our members are busy and need someone who can step in between them and the suppliers to solve issues and double-check things with an expert lens. We are the only Co-op with an actual energy commodities expert to make sure our members are treated fairly and know the implications of the decisions they make.

Market Intelligence

Energy pricing is dynamic. The market changes daily with both known patterns and unknown factors such as Hurricane Harvey and COVID-19. TPEA puts in the hard work to understand the market shifts and how to help our members procure at the best times to fit their energy budgets.

We analyze each member's buying needs with current and future market outlook based on our expert's energy trading experience to make sure members are making an informed decision. Whether you are buying for a short or long duration, we help you understand the risks and the best strategy to procure at the lowest price.

Our expert partners track micro and macro market factors on a daily basis to make sure our members get the most up-to-date information to guide great decision making.

Market Tracking

Market Timing

How much to buy

The PowerStrike Method ™

A better bidding method for getting the most

favorable pricing.

The way we lead our procurement is fundamentally better than other Co-ops and RFPs. We achieve this via the way we run the bidding process. Our energy commodities trading experts have helped us to create a system that leads to better market timing as well as incentivizes the suppliers to give a truly low price.

90% of our members procure using the PowerStrike Method ™ and see the results. We are also adept at running other procurement methods because we know each member has their own needs.