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Procurement & Risk Management

A rate saves you once.
We run what comes after.

Procurement is the foundation of most engagements. A better rate and a sharper contract are the start - we build the right structure for your portfolio and operate it through every renewal, every market move, every invoice, so you save on the dollars that follow.

Why it matters

Procurement is where the biggest savings hide.

 The biggest savings usually aren't hiding in the price. They're hiding in the process. The quiet, structural decisions that repeat every renewal until challenges are addressed. The five we see most: 

Single-supplier auto-renewals

The largest single source of overpayment we see. Auto-renewal locks in pricing built for someone else's portfolio.

Fixed contracts in volatile markets

Fixed feels safe until the market moves. Without layered structure, you're either over-hedged or unprotected - usually both, at different times.

Missed capacity exposure

Capacity, ancillaries, and transmission are now the fastest-growing line on most bills. A procurement strategy that ignores them is incomplete.

No documented hedge strategy

If finance can't see the strategy, finance can't defend the budget. Undocumented hedging is the same thing as no hedging from a reporting perspective.

Inadequate price discovery

You signed because the rate looked fine, then learned later a competitive process would have surfaced better. Without real price discovery, "the rate looked fine" is the highest standard you can hold.

What we do

The right structure - not a standard one.

For many portfolios a rigorously negotiated retail contract is exactly right, and we run one; for energy-intensive loads the structure can extend to Direct Market Access. Either way it rests on six interlocking pillars, run together - the machinery behind a contract that keeps working long after it's signed.

Product Structure

How the contract is shaped.

  • RFP design and execution
  • Multi-product evaluation 
  • Capacity passthrough analysis
  • Contract terms negotiation 

Hedging

Managing exposure to market volatility.

  • Layered hedge program 
  • Pre-hedge analytics
  • Hedge effectiveness review
  • Strategy adjustment 

Market Monitoring

Knowing what's moving, and why.

  • Forward curve and basis monitoring
  • Capacity market interpretation 
  • Ancillary services tracking
  • Quarterly market briefings 

Budgeting

Energy as a forecastable line item.

  • Annual energy budget construction
  • Monthly variance analysis
  • Forward-curve-based reforecasting
  • Board-ready energy reporting

Competitive Auctions

Forcing true price discovery.

  • Multi-round RFP design
  • Reverse auction mechanics
  • 9+ supplier participation, minimum
  • Apples-to-apples bid evaluation

Ongoing Performance Management

After the contract is signed.

  • Quarterly supplier reviews
  • Billing accuracy verification
  • Account coordination 
  • Issue escalation 

A 250-site PJM commercial real estate portfolio handed Pilot the entire utility function, power and gas procurement, utility bill pay, invoice audit, and capacity tag management. The result: ~$1M annual savings and an internal team back to running their properties.

Read the case study →
$1Msaved a year · ~15% of spend

What lands in your inbox

What you get.

Concrete deliverables on a schedule - not a slide deck once a year.

Annual procurement calendar

All renewal events mapped 12-18 months out. RFP windows scheduled. Decision deadlines flagged. Updated every quarter.

Documented hedge strategy

Written rationale, decision criteria, target structure. Reviewed quarterly. Defensible to finance, board, and audit.

Multi-supplier RFP execution

Every renewal, every site. Minimum five suppliers; typically nine to twelve. Apples-to-apples evaluation, common scorecard.

Monthly market posture update

What moved, what didn't, what we're watching. Plus a variance analysis against your energy budget. Two pages, monthly.

Quarterly market briefing

Structural changes, regulatory shifts, capacity market signals. Delivered to leadership in 30 minutes or less.

PowerUp access for your full team

Same dashboard your Pilot advocates work from. Real-time market data, contract visibility, capacity exposure.

Annual board-ready energy report

One-stop document: portfolio status, strategy summary, year-over-year performance, forward outlook. Built for board distribution.

Run turnkey, or co-managed

We operate the whole function, or work alongside your internal lead - same team either way. 

What goes with this

Related solutions.

Direct Market Access

Wholesale market access is procurement at scale. For energy-intensive loads, it's a structural alternative to retail supply.

Direct Market Access →

Utility Bill & Tariff Analysis

Audit the bills you're paying against the contracts you signed. Find tariff opportunities the utility didn't flag.

Utility Bill & Tariff Analysis →

Load Management

Capacity tag management, DR program enrollment, peak shaving design. Procurement strategy meets operational reality.

Load management →

Decarbonization & Sustainability

Corporate PPAs are procurement instruments. Structuring them sits with this team; sustainability strategy frames them.

Decarbonization & Sustainability→

Ready to talk procurement?

A 30-minute call, a look at your renewal calendar and supplier exposure, and a written portfolio sketch within a week.