Cranston Buying Power was created by Mayor Fung to assist local businesses to reduce utility costs and consumption. With the market flooded by suppliers, utilities, consultants and brokers, how is one able to make the right choice at the right time?
CBP enrolls your neighborhood's businesses to create citywide purchasing power. The aggregations include restaurants, dry cleaners, storefronts, night clubs and apartment complexes, as well as major biotech firms, governmental entities, colleges and healthcare facilities. This program has been created to benefit all types and sizes of energy consumer.
The results have been millions in savings for the businesses of Cranston. To learn more about our process, please click above…
Cranston Buying Power accepts all commercial, industrial and governmental electric and natural gas into our program. Every account is verified for data, credit and utility information once the EnergyAuctions agreement is accepted.
Aggregations are built on several principles, including rate class, delivery zones, load factors and capacity assignment. These details will ensure that customers are grouped with similarly profiled accounts and no customer subsidizes another customers pricing. Aggregations are routinely built and analyzed for term, pricing and loads, so that any current grouping expires with other groups and larger aggregations can be built over time.
Our local aggregations have ranged from dozens of accounts to thousands of accounts. The net result are prices that are 10-30% below what an individual account could get on the same day. In addition, the size and diversity of these aggregations allows Taylor to negotiate reduced rates on ancillary items such as green power.