Management and Consulting
Fellon-McCord provides electricity consulting and management services to commercial and industrial customers throughout North America and Europe. We specialize in customizing an energy management strategy to serve the unique needs of each client, delivering risk avoidance, unit cost management and reduced internal energy management expense.
The regulatory climate for the electricity industry has been in a constant state of change, creating substantial cost and reliability risk for end-users. Fellon-McCord meets the challenges of electric industry restructuring by monitoring and assessing regulatory and operational changes, providing expertise to clients specific to their power demands and geographic location.
Electricity management services include:
- Supply sourcing and energy procurement
- Comprehensive baseline evaluations
- Tariff and rate evaluations
- Identification and implementation of cost savings opportunities
- Price forecasting and budgeting
- Utility and supplier contract review
- Electricity cost and usage database
- Invoice auditing and resolution of discrepancies
- Invoice payment directly to suppliers on behalf of our clients
- Regulatory monitoring and reporting
- Asset analysis
- Data collection and reporting
- Dedicated account executive and energy analyst
Energy Procurement
Fellon-McCord assists clients in procuring the most reliable energy supplies at the best available price. Our purchasing strategies are customized to the unique needs of each end user, beginning with determining each client’s appetite for risk and developing a clear understanding of the needs, objectives, and budgetary and operational constraints of the buyer.
For nearly two decades, Fellon-McCord has purchased energy supplies from hundreds of key industry players. Our longstanding commercial experience with quality suppliers allows us to quickly separate and segment suppliers by region, assets, creditworthiness and execution capability. We continuously monitor all factors that influence the energy markets to develop procurement and management strategies that provide the best value.
- Our integrated approach incorporates:
- Energy price tracking and forecasting
- Contract review and negotiation
- Supplier evaluation
- Asset analysis
- Performance history
- Creditworthiness
- Regulatory and legislative risks
Power Dispatch
Fellon-McCord helps maximize the production, usage and business efficiencies of municipalities, cooperatives, power generators and other energy users by offering a range of power supply centric services including power dispatching and consulting. Fellon-McCord operates a 24/7 power dispatch desk providing risk management, balancing and economic optimization for power generators and users. Our power supply group acts as an agent on behalf of clients to provide services such as:
- Real-time load and resource management, marketing and scheduling
- Day-ahead load and resource management, marketing and scheduling
- Balance-of-month planning and marketing
- Forward-month(s) planning and marketing
- ARR/FTR evaluation and acquisition, including congestion analysis
- Capacity needs evaluation and acquisition
- Bilateral settlements, accounting and reporting
- Risk management strategy development and monitoring
- Counterparty credit analysis and exposure reporting
- Market pricing updates
- Compliance monitoring
- Mark-to-market reporting of power supply assets