EMC’s Energy Buying Group is the only non-profit group energy procurement initiative for industry in the province and the largest manufacturing buying group for energy, on behalf of Ontario manufacturers. On December 2nd, 2013 the group added an important resource to assist manufacturers to be better informed about their energy consumption patterns and the impact on budgeting and future forecasts.
For more than six years, Excellence in Manufacturing Consortium (EMC) and our subject-matter-expert team with ECNG Energy LP have been providing members with exemplary service and support, helping industry consumers to better manage their energy costs, engage custom-tailored procurement strategies and access the volume benefits of a large, networked group of EMC's member manufacturers.
On Monday December 2nd, EMC's Energy Buying Group launched a new Online Report and Metrics Tool for members to have real-time access to their energy consumption and costing data.
Many utilities in Ontario (aka Local Distribution Companies or LDC's) provide important details for industrial clients, usually via their billing statements and many with online access. However not all LDC's provide a consistent level of reporting beyond the traditional monthly invoice that must be paid. In addition, we have seen members with plants in different communities struggle to make an apples-to-apples comparison when dealing with different LDC's who may provide information in different formats.
The energy group has always provided manufacturers with detailed reporting (and continues to do so), however this new resource will provide energy group members with an added consistency both with presentation and metrics for monitoring, tracking and analyzing (regardless of location) and provide online 24/7 access securely through username and password. Members are still able to access their current LDC information and the service and support provided by Margaret Harrison and our supply team remain.
This new Online Reporting and Metrics Tool also provides:
- Real-time, electronically uploaded data with report generation - no need for members to manually input data;
- Single source for utility information - Consolidated budgets, market data, regulatory charges, etc.
- Benchmarking capabilities - large database of utility information;
- Secure member sign on. Online support from our team;
- Paperless, 24/7 secure access from anywhere;
- Convenient dropdown to all your accounts;
- Historical data provided for relative comparison;
- Weather modeling and other forecasting tools.
Current EMC Energy Buying Group members will be contacted over the next few weeks with a copy of their Online Reporting and Metrics Tool User Manual, followed by login details. Margaret will be in touch with you shortly to confirm the steps.
For those manufacturers who are not currently in EMC's program and would like to participate, please contact me asap. We currently have target prices in place that are very competitive… and with the Ontario government's announcement with respect to energy prices rising an estimated 33% over the next 3 years, we look forward to helping manufacturers put a strategy in place to better manage this volatile commodity.
If you have any questions, please feel free to contact us at any time. Cheers from EMC!