Enterprise Small Business Services Resources News Benefits Company Blog Contact Login contact Home » Services » Strategic Sourcing » Nomination & Balancing Nomination & Balancing SEAMLESSLY MANAGE YOUR GAS FLOW While companies do their best to estimate demand for natural gas, it is nearly impossible to predict the exact quantity a given facility will consume. Pipelines and utilities require industrial companies to utilize nomination and balancing programs to manage gas flow and minimize operational imbalances. Summit Energy’s nomination and balancing service enables your company to control cost, avoid penalties, ensure gas supply and manage constraints. Features of Summit Energy’s Nomination & Balancing Consistent communication – Our energy professionals stay in close contact with your site and are available 24 hours a day, 7 days a week to deal with any operational issues. Market knowledge – Balancing options and guidelines vary by pipeline and utility conditions change on a daily basis. Summit Energy’s access to real-time market data and online trading tools empowers your company to control natural gas commodity costs and ensure reliable supply. Robust reporting – Nomination and balancing affects both operational and financial departments. On the operational side, Summit Energy can provide daily ‘forecast-to-actual’ reports to improve your ability to control energy costs. On the financial side, Summit Energy simplifies processes by providing regular gas accrual reports directly to your accounting team. Forecast-supported buying strategies – Summit Energy ensures that your company’s strategy for natural gas purchasing takes into account future pricing outlooks. Our proprietary method for forecasting commodity prices enables effective energy risk management. Depth and expertise - Our broad experience and exposure in the supplier community makes us the ideal nomination and balancing partner, especially for companies with complicated circumstances like volatile consumption patterns, customer owned transport and access to multiple pipelines. Contact us for more information about managing complex natural gas purchasing. Contract Negotiation Related Resources: CASE STUDY Strategic energy guidance for private equity firm INVESTMENT FIRM CAPITALIZES ON SUMMIT ENERGY’S EXPERTISE FOR SUCCESSFUL ACQUISITION A leading private-equity firm chose Summit Energy to conduct due diligence on a natural gas company they were considering acquiring. Summit’s detailed analysis served as invaluable information for the investors in need of independent energy expertise. WHITE PAPER Reverse Auctions: A Tool With No Mechanic ENERGY REVERSE AUCTIONS BACKFIRE WITHOUT A STRATEGY Reverse auctions have turned the once-secretive, sealed-bid process for procuring goods and services into an open bidding war – which appears to be to the advantage of the buyer. Under this arrangement, the buyer contracts with a third party that issues a request for quotations from suppliers. At a predetermined day and time, suppliers log into an auction site and input price quotes, competing for the buyer’s business primarily on the basis of who will agree to the lowest price. SERVICES Credit Negotiation Strategic Sourcing Services WEBINARS However You Slice It, Buying Energy is Unique SERVICES MENU Overview Data Management Strategic Sourcing Rate Analysis Budget Development Risk Management Market Intelligence Online Reporting Sustainability Producer Services collect thoroughly Energy Management Energy Metering Greenhouse Gas Emissions Invoice Collection Utility Bill Auditing manage complexity Energy Consulting Energy Professionals Natural Gas Purchasing Energy Budget Credit Negotiation capture opportunity Demand Response Energy Cost Reduction Energy Efficiency Projects Energy Procurement Utilities Management control risk Energy Risk Management Natural Gas Consulting Energy Outsourcing Carbon Management Commodity Analysis operate sustainably Sustainability Strategy Energy Efficient Building Energy Sustainability Renewable Energy Credits Sustainability Services report accurately Energy Benchmarking Energy Management Software Carbon Reporting Energy Savings Energy Data Management Summit Energy © 2010 Summit Energy Services. All rights reserved. facebook twitter linkedin contact us privacy policy careers blog 10350 Ormsby Park Place • Suite 400 • Louisville, KY 40223 • (866) 90 SUMMIT