Energetek’s blog on business tips, becoming & staying a successful entrepreneur, and everything else to get you through your work week.
Free Work Tools
Platforms & Apps We Use That Are ~ Free HUBSPOT Looking for a CRM platform that is web and phone-based? We use HubSpot daily. It is a great way to organize your sales process, keep track of clients, create a digital task list, and more. Being that we [...]
Green Contracting
Completing sustainability goals in time can be hard when you don't have a plan for each area of your business. We can help when it comes to your power and gas so you can focus on the other aspects of your business such as material sourcing, vehicular fuel options, and [...]
2021: A Year End Review
Ahhhhh 2021, the ugly stepsister of 2020. This year we navigated what the “new normal” looked like when put into practice. The world navigated going back to work in various hybrid approaches while never realizing how many times in one year we would use the word “hybrid.” We overcame covid [...]
Europe’s Energy Crisis and Record High Natural Gas Prices: September Continues to Bring Volatility
September is certainly going out with a bang. This month has brought more volatility in the energy market than we have seen since 2014. Normally a more favorable pricing time, this month has blessed us with above-average temperatures averaging around 80 degrees, hurricanes, and natural gas prices breaking through [...]
An Update on Energetek
& We're Back For the team who based the fundamentals of their business on in-person sales calls, COVID tested us on how good we were as business owners. We shared before our immediate change to WFH, as many businesses did, without a definite end date. On how the [...]
Market Update: Natural Gas-Fired Generation On The Decline
So far, 2021 has left much to be desired in regards to natural gas. Lower production and higher heating demand have given way to substantially higher prices. The Texas freeze did nothing to help this, causing an additional increase in February. Henry Hub averaged $2.83/MMBtu from January through March. This a $0.88/MMBtu increase from the same time last year. [...]
Etek Service Feature: Energy Decision Software
Utility Management for Multiple Sites For our multi-facility clients, energy management isn't always cohesive between locations; that's where EDS comes in. Through Energy Decision Software, your power and natural gas accounts sync in realtime, bringing administrative ease to your energy portfolio. Based on how you operate, each of [...]
The Perfect Storm: What the Hell Happened in Texas and How to Fix the Problem for the Future
A winter storm pummeled the heartland that left millions without power – highlighting the holes in Texas’ power grid. By noon on February 16th, more than 4.4 million people (about twice the population of New Mexico) were without power after the second wave of what would be a deadly winter storm, hit the Lone [...]
Free Resources From Me to You
Check These Out Here we are in 2021 and COVID is still sweeping the nation and the world. As we try to stay safe, keep our families, friends, coworkers, and strangers safe, while facing a time of uncertainty and high anxiety - I wanted to put together a [...]
Year End Review: The Good, the Bad, and the Ugly of 2020
Here we are. Another year in the books. I speak for both of us when I say that it feels like we have aged 5 years in the past 12 months. Between the global pandemic, election, murder hornets, record breaking hurricane season and waking up every morning feeling like it is Ground Hog’s Day; we are ALL ready to close this chapter. 2020 [...]
A Managed Approach to Energy Buying
Fix or Not to Fix, That Is the Question "If you sell on savings, you die on savings," says Etek COO Nicholas Gerome- and he's right. Per usual, our forward look of the market hits the nail on the head with the volatility expected to come in 2021. [...]
Cold Storage Proves to be a Cash Cow in the Covid Era and Beyond
The initial panic of the pandemic that left store shelves barren of hygienic products like sanitizer and even various meat products, shed light on the weaknesses in the world’s supply chain. Because of this, larger logistic companies are circling the “small guys” in cold warehousing and distribution like a shark feeding frenzy. The inefficiencies of smaller, independent facilities lie in outdated [...]
Energy 101
The Energy Supply Breakdown Delivery and Supply These are the two main components of your electric and natural gas bill. In a deregulated state, which we will touch on next, your supply portion is the part or rate that you can shop, while your delivery always stays with [...]
Liquid Gold: Wall Street Sets Out to Trade a New Commodity
Climate change is real. As if the fires out west, hurricanes in the Gulf, and the moderate winters didn’t underline this sentiment; Wall street is reminding us that climate change is VERY real by starting to trade futures contracts on California’s water supply. This is the first of its kind in the U.S., making this a [...]
How Timed-Buying Strategies Help Your Business
Timed-buying is a strategy that should be used during every energy supply negotiation. Brokers, great brokers that is, guide clients in determining how much energy to contract, which product to use, and for how long the term should be. With the goal of best meeting their client's energy needs, [...]