What is an energy advisor and what do they do?

An energy advisor is a person who provides a company with the full spectrum of support in the management of all energy-related matters, such as energy supply processes. They can help foster better-informed decision-making on the energy markets by developing structured strategies for energy procurement and risk management. Energy advisors can offer clients a number of benefits, including:  

 

1.      Reductions in energy supply costs thanks to their knowledge of the market and contacts with a large number of suppliers, which can be made to compete for business;

 

2.      Improved knowledge of energy markets at a lower cost than independently-managed energy procurement;

 

3.      Implementation of a procurement and energy management strategy that yields long-term economic advantages;

 

4.      Better command of regulatory changes, thanks to their market insights;

 

5.      Ability to implement complex strategies that can impact significantly on the company’s energy structure.

 

It is possible for anyone to perform their own independent energy management but the task requires time, resources and skills. Companies that turn to energy advisors often do so because they have been impacted significantly by the cost of their energy supply, and realize they do not know the energy markets well enough, do not understand the complex pricing structures of providers, or simply do not have the time to negotiate with them.

 

The range of opportunities offered by energy advisors can extend well beyond the above and can include more complex services that have a higher added value, such as the possibility to self-produce energy and improvements in energy efficiency in order to cut consumption costs. These are the reasons why all businesses can benefit from consulting with an energy advisor.

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