Upcoming Quarterly Luncheon - August 6
Is There A "Best Way" To Buy Energy?
Energy markets have been upended in recent years because of the shale gas revolution. Shale gas is extracted from rock formations and this form of gas is abundant in the US and can be extracted easily using the process known as fracking. Because of this new glut of natural gas, the US has entered a time of highly favorable natural gas and electric prices.
This new supply dynamic has upended many of our traditional assumptions about how to buy power. Previously, shoulder seasons were the most favorable time for purchasing since demand is lower in spring and fall. However, since natural gas is now used to heat and to generate power, no "right" season exists for purchasing either commodity. Renewable mandates and options have also changed how many consumers wish to purchase power.
How does a business understand the market and make good decisions? One way is by using an energy broker to guide them through the process. Satori Energy has guided the Village of Bedford Park in its power purchasing decisions since 2006. When the market is favorable and it's time for a new energy contract, Satori bids out the village's business to a multitude of IL power suppliers, evaluates the bids, and makes recommendations to Mayor Brady and the village council. Recently, Satori helped the Village enter into a three year contract at its lowest rate yet.
Satori Energy works with a wide variety of business in IL and around the US including commercial office properties, museums, churches, factories, and family-owned businesses. Please visit their website at
for more information or contact the Village's consultant Mollie VanderLaan at 847-274-9525 or