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NPI Announces Energy Spend Management Practice to Reduce Costs for Large Corporations and Facilities

Recognized spend management experts to help companies drastically reduce rising power costs

ATLANTA - January 12, 2010 - NPI, a premier spend management services firm focused on reducing costs in complex spend categories, today announced the launch of its Energy practice. In addition to its technology, telecommunications and transportation advisory services, NPI will now help companies drastically reduce their energy spending through its spend management expertise. With a focus on large facilities ranging from corporate headquarters to manufacturing, NPI will help clients analyze their energy spending, select power providers and negotiate fair market pricing. As a result, companies may be able to reduce their power costs by as much as 10 percent or more in as little as four to 12 weeks.

Across every industry, there is a dire need for improved management of energy spending. Rising energy costs, compounded by a lack of competition in the marketplace, has made the cost of power a volatile variable for operational performance in 2010. Furthermore, with increased regulatory pressure for green initiatives, many energy providers are raising rates to compensate. This has put many companies at a severe disadvantage as they try to understand and negotiate complex rate structures.

"Right now, companies are struggling to balance their long term energy consumption initiatives - many of which require upfront spending - with the need to reduce operational costs. What these companies need is a way to jumpstart energy savings," said Jim Benjamin, COO, NPI. "This will allow them to focus on their long range energy initiatives without neglecting their fiscal responsibility to keep spending low."

NPI's Energy Spend Management practice will provide the following services to deliver immediate savings:

  • Utility Billing Audit & Analysis - NPI's energy billing experts analyze monthly energy invoices to eliminate billing errors, identify costly discrepancies and ensure savings.

  • Utility Tariff & Rate Optimization - Drawing from in-depth expertise in energy rate designs and tariffs, NPI performs cost comparisons using alternative tariff options to recommend rate plans that best suit each client's operational needs.

  • Energy Purchase Optimization - NPI reviews current and projected power usage and spending, then compares to fair market pricing to identify savings opportunities. Additionally, NPI works with clients and their energy providers to negotiate the lowest energy rates and tariffs, as well as the most favorable contract terms and conditions.

  • Service Configuration Optimization - NPI reviews on-site power supply service configurations to ensure lowest cost delivery options are being utilized.

For more information on NPI's Energy Spend Management services, please visit www.npifinancial.com.

About NPI

NPI is a privately-held company that provides assistance for its customers in implementing rigorous processes for making sound spend management decisions. Using a combination of market experts and proprietary methodologies, NPI provides assessments of a variety of traditionally difficult spend management categories - information technology, telecommunications, transportation and energy - to ensure that expenditures and operating expenses are in-line with current market conditions. NPI leads this emerging best practice, offering procurement expertise, a fair market value database, and experience from both sides of the table with quality and integrity. For more information, please visit www.npifinancial.com.

For more information and media inquiries, please contact:

Hannah C. Bower
Bower Communications
404.371.3989
hannah@bower-communications.com

 


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