Energy Manage Ohio

ReallyObjective Business Model Could Help Small Biz Cut Energy Costs

Energy Manage OhioReallyObjective, a startup in Ohio, claims to save users money by proactively switching them between energy suppliers as often as every month, work, according to  Cleveland.com. It is a digital shopping tool that checks thousands of prices daily on the websites of gas and electric suppliers, changing a customer’s supplier as often as every month.

While the service has been tested with consumers, it can also be used by small businesses.

Often, when a customer is enticed away from its usual utility by the promise of reduced prices, they end up losing money, sometimes because they don’t pay attention when the independent supplier puts them on a monthly variable rate, or simply because market prices change over time, according to the article.

Because of these fluctuations, most aggregators negotiate prices for shorter time periods, often on a quarterly basis, hoping to increase consumer savings.

The ReallyObjective system adjusts for contract exit fees and only switches participants to a new provider if they would benefit. The firm takes half of the estimated savings as its fee, and donates 5 percent of that to the charity of the user’s choice.

The Public Utilities Commission of Ohio has certified ReallyObjective as an aggregator/broker for gas and electric customers.

Operationalizing EHS Management: Bridge the Gap from Strategy to Execution
Sponsored By: LNS Research

  
The Hidden Costs of Air Compressor Operation
Sponsored By: FS-Elliott

  
Choosing the Correct Emission Control Technology
Sponsored By: Anguil Environmental Systems

  
Financing Environmental Resiliency and a Low-Carbon Future with Green Bonds
Sponsored By: NSF International

  

Leave a Comment

User Name :
Password :
 
If you've no account register here first time
User Name :
User Email :
Password :

Login Now