IEC’s online reverse auction platform overcomes the limitations of
the traditional paper-based RFP process used by most energy brokers.
Supplier lead changes, suppliers outbidding themselves, multiple
suppliers winning unique auctions and razor-thin margins are all
hallmarks of IEC’s vibrant bidding process. IEC clients witness
first-hand the real-time competition among suppliers trying to win their
business and appreciate our subsequent streamlined
For electric and natural gas suppliers, the IEC auction platform
provides all the client information needed to prepare for auction day.
Then, when the bidding begins, they immediately gain price discovery and
see how they stack up among the competition on an apples-to-apples
basis. When the auctions are over suppliers know exactly how they fared
in each auction, and if awarded the business, usually contract the same
If you are seeking a quick quote or simply shopping offers, chances
are you are cheating yourself and limiting the suppliers who will bid to
serve your energy needs. The natural gas and electric markets are
complex and prices change by the minute. Moreover, not all offers are
the same, and frequently the terms and conditions of a supply contract
are just as important as price. If you are truly serious about
maximizing your savings and mitigating your risks, contact IEC.
We use a proven approach to ensure you make sound decisions when it
comes to your energy procurement. When you engage our services, you can
be involved as much or as little as you like. In either case, our
Certified Energy Procurement Professionals will provide sound advice and
cost savings and you get the final say in accepting any brokered offer.