Innova Capital Partners

Transparent Energy

 

Sector

Energy Procurement

Company Website

http://www.transparentedge.com/

Company Overview

Transparent Energy is an Energy Consulting firm that is at the forefront of saving businesses millions of dollars every year on their energy costs. This includes reducing the cost of electricity as well as natural gas.

Managing partner Paul Shagawat describes PEA’s energy reverse auction process as cutting through the hype associated with most approaches to energy supply. “As energy deregulation has taken hold, businesses have been duped into switching to alternate suppliers by salesmen who offer them a lower price, but not a true lowest long term cost for energy. Almost all corporate clients who signed energy contracts more than one or two years ago have fallen victim to this.”

Premiere’s reverse auction process is unique even among other reverse auction brokers for the breadth of suppliers involved as well as the negotiating tactics of the partners.