What is an energy advisor and what does he/she do?
An energy advisor is a person who provides a company with the full spectrum of support in the management of all energy-related matters, dealing with, for example, all the various energy supply processes. Energy advisors thus help foster better-informed decision-making on the energy markets by developing structured strategies for energy procurement and risk management. Energy advisors can offer clients a number of benefits including:
- reductions in energy supply costs thanks to their knowledge of the market and contacts with a large number of suppliers, which can be made to compete for business
- improved knowledge of energy markets at a lower cost than independently-managed energy procurement
- implementation of a procurement and energy management strategy that yields long-term economic advantages
- better command of the regulatory changes thanks to the energy advisor’s market insights
- ability to implement complex strategies that can impact significantly on the company’s energy structure.
It is possible for anyone to perform their own independent energy management but the task requires time, resources and skills. Often companies that choose to employ an energy advisor are those that have been impacted significantly by the cost their of energy supply and realise they simply do not know the energy markets well enough, nor understand the complex pricing structures of providers, and simply do not have the time to negotiate with them.
The range of opportunities offered by energy advisors can extend well beyond the above and can include more complex services that have a higher added value such as the possibility for self-production and improvements in energy efficiency in order to cut consumption costs. These are the reasons why all businesses can benefit from consulting with an energy advisor.