The Issue

When it came time for a continuing care retirement community (CCRC) to review procurement options for their electric and natural gas supply, they selected Burton Energy Group to work with based on our customized approach, experience, and industry-leading reputation. The primary concerns of the CCRC included price management, longterm budget certainty with limited risk, as well as year-over-year savings.

The Burton Solution

Burton took a proactive approach to layer in competitive pricing, utilizing an RFP process to set contracts and a hedge tracking strategy to execute fixed prices. When the market presented opportunities to hedge or extend pricing, Burton provided recommendations to the CCRC for consideration. Open lines of communication and continuous monitoring of the market has allowed Burton to take advantage of market lows, limit exposure to price risk, and maintain some budget certainty. Burton’s proactive method provided price protection during a national pandemic and has driven more than $36,000 in savings during the past year.