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Natural Gas & Electricity Brokerage Case Study

LINCOLN PARK PERFORMING ARTS CENTER, COMMUNITY THEATER, PA, USA

Customer Overview

Lincoln Park is a non-profit organization dedicated to the arts and education. Their thriving performing arts center organizes professional theatrical productions each year. Uniquely, the center is also home to the Lincoln Park Performing Arts School, so every day about 800 students come to the center to receive high-quality public education.

Challenge

Not being energy experts, the Lincoln Park Center was having difficulty in managing its natural gas and electricity costs. As a nonprofit organization, they have a responsibility to continuously evaluate the goods and services they purchase, and so the Center was looking for an energy consultant to provide the market expertise and to deliver a more efficient, and lower-cost energy procurement strategy, along with lower-carbon operations.

World Kinect Solution

After conducting a vetting process of potential consultants, The Lincoln Park Center determined that World Kinect “offered the most professional, cost effective, and efficient services” in terms of securing energy supply contracts, reducing energy consumption, and providing ongoing market advice.

Energy Contract Negotiation

Energy Contract Negotiation

Through tenders with multiple suppliers, World Kinect structured and negotiated competitive natural gas and electricity supply contracts, taking the guesswork out of the process for the customer.

Electricity and Natural Gas Data Reporting

Electricity and Natural Gas Data Reporting

World Kinect became the “single source provider” to the Center for electricity and natural gas market information, explaining how deregulated markets and tender rates work, how to make energy costs more predictable, and to help make informed decisions.

Regulatory Compliance

Regulatory Compliance

World Kinect provided ongoing regulatory intelligence to help ensure the Center understands how government mandates affect their particular sector.

Energy Efficiency Audit

Energy Efficiency Audit

Paying attention to the impact their operations have on the local environment and global climate is important to the Center. And World Kinect’s energy efficiency audit helped the customer to identify opportunities to reduce their energy consumption and to exceed the PA state mandates for energy efficiency.

Business Impacts

Partnering with World Kinect provided the needed industry expertise to achieve more predictable energy costs, lower energy consumption, peace of mind of having a solid procurement strategy in place, and energy efficiency compliance.

The trusted partnership and personal relationship with the Account Management team empowered the center to outsource its energy management and focus more on their primary business.