A Forecast Adjustment That Saved Over $30,000

Utilities like Enbridge review and adjust rates quarterly, and each year at contract renewal, customers can modify their forecasted consumption and contract parameters. While Enbridge provides recommendations, they do not have insight into individual customers' future plans and are often hesitant to suggest lower forecasts or reduced contract demand figures. This leaves it up to the customer to proactively manage these adjustments, an area where many businesses lack the internal expertise or resources.

360 Energy worked closely with Durez to review three years of natural gas consumption data, focusing particularly on peak demand during extreme cold periods. Through this in-depth analysis, we identified an opportunity to safely lower both Durez's forecasted consumption and peak demand without affecting production reliability or moving them out of their advantageous rate class.

Our recommendations ensured Durez maintained the most favorable rate structure while significantly reducing their contracted volumes, ultimately generating substantial savings for the coming year. This type of proactive contract management is often overlooked but can yield immediate financial benefits when guided by experienced energy advisors.

• Expected Annual Savings: Over $30,000 by optimizing forecasted consumption and peak demand.
• No Impact on Production: All operational needs maintained with no disruption.
• Rate Class Retention: Ensured Durez remained in the most beneficial rate category.