In U.S. states with retail choice electricity markets—also known as competitive supply—federal facilities can choose between two primary electricity and natural gas procurement options: staying with the default supply tariff from their local utility or contracting with a licensed third-party supplier. This training webinar will guide federal energy and procurement professionals through the key concepts, benefits, and considerations to help identify the most cost-effective options. Participants will gain practical knowledge to evaluate their site’s supply choices, understand market dynamics, and make informed decisions to reduce costs and manage price risk. The session will also highlight how to leverage procurement support from the General Services Administration (GSA) and the Defense Logistics Agency (DLA) to streamline the contracting process and simplify access to competitively priced energy supply contracts.
Learning Objectives
Upon completion of this training, attendees will be able to:
- Identify where retail choice electricity and natural gas procurement options are available from third-party suppliers.
- Understand the common types of retail choice supply contracts and how rates differ from those in vertically integrated (regulated) markets.
- Become familiar with how retail choice supply contracts are structured and the process used by GSA and DLA Energy to establish contracts for federal facilities.
- Learn how to assess and manage risks associated with third-party supply contracts.
- Engage with GSA and DLA Energy to stay abreast of changes in retail choice markets and participate in Requests for Information (RFIs) and Requests for Proposals (RFPs) as new contracts become available.
