Bay City Metering has worked with Building Ownerships maintaining their electrical infrastructure for over thirty years. This starts with ensuring the metering bills paid by the Ownership are correct. We audit and verify the utility bills from the public utility delivering the power and the energy service company (ESCO) selling the commodity.
When ESCOs began, Bay City Metering was one of the first participants in the new market. There was a clear need to ensure someone was looking out for the consumer. With Bay City Metering’s involvement with the Building’s redistribution of electric after the master meter, we realized it only made sense for us to become involved in the purchase of the utility in front of the master meter. Today, Bay City Metering is one of the top ten aggregators for energy procurement in New York City.
Many ESCOs or consultants come forward selling you a product and never think of asking how you resell to your tenants. It is extremely important to ensure both the income and expense side of the utility are matched. There is no one right answer for every building. Each Building must be evaluated individually to ensure the proper contract is signed.
Auditing of Utility Bills
Bay City Metering audits our customer’s utility bills on a monthly basis. Our knowledge of the rate structures provides us with an in-depth knowledge of how you can save money. With over six hundred properties, we understand how you use power and can identify if your property is outside of the norm and needs investigation.
Auditing has become even more important with the third party suppliers. There is no set rate and each contract is unique and negotiated independently by each building owner.
Energy procurement – Third party supplier
Bay City Metering has been involved with purchasing deregulated electricity and natural gas, as well as fuel oil and renewable energy.
Bay City Metering works for the client. Many ESCOs or consultants come forward selling you a product and never think of asking how you resell to your tenants. It is extremely important to ensure both the income and expense side of the utility are matched. There is no one right answer for every building. Each Building must be looked at individually to ensure the proper contract is signed.
We do not sell an individual ESCO (Energy Service Co.) but consult and vet with all of the ESCOs that are in the market place to insure a strong group of ESCOs bid against each other to ensure our client not only gets the best price available in the market but also timely and proper billing. We are involved in the energy market on a daily basis and we use our energy purchase knowledge and expertise to maximize the energy savings for our clients.
There are several pricing options in the market and each option can further be specialized to meet your individual needs.
Fixed pricing offers complete protection from market volatility. No matter what happens, you’ll pay the negotiated supply price for the life of the contract term. This type of contract works very strongly for retail spaces, Public areas, not for Buildings that are reselling electricity.
Day Ahead + Retail Adder
With this product the majority of your price will float with the market for your region, allowing you to take advantage of seasonal and hourly lows. The remainder is fixed, protecting you against capacity shortages and hidden costs. This type of contract is best for properties reselling eletircity to its tenant’s and trying to replicate the Con Edison rate structure.
Block and Index
This type of contract is becoming more and more popular in the market place as the industry has seen price spikes during the winter months. This contract allows an Owner the ability to have the best of both worlds — the day ahead variable rate plus some protection with a fixed price.
Demand Response Provider Program
On heavy usage days, participants agree to reduce their power consumption.
How can we help you?
Let’s discuss how our utility management service can benefit your property. Please call our office at (212) 575-0785, or send us an email using the form on this page. We look forward to speaking with you soon.