1 min read

Client Spotlight: CitySquare

By 5 on September 23, 2020

More than 300,000 people live in poverty throughout the Dallas metroplex and CitySquare aims to change that. CitySquare is a non-profit that fights the causes and effects of poverty through service, advocacy, and friendship. Today, the organization’s services include a comprehensive array of social services that address four key areas related to the persistence of poverty: hunger, health, housing, and hope.

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Topics: Clients Procurement
1 min read

Client Spotlight: Klein Tools

By 5 on August 26, 2020

Klein Tools, founded 160 years ago by a German immigrant, Mathias Klein, continues to be led by his family, six generations later. The Klein family takes great pride in carrying on Mathias' legacy of creating and manufacturing the highest quality tools and related products. Klein Tools is headquartered in Lincolnshire, IL and has offices, distribution centers and manufacturing facilities throughout the country. Klein Tools are so well known and respected among professionals in the electrical industry that a Lineman’s pliers are often referred to as “Kleins.”

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Topics: Clients Procurement Demand Response
1 min read

Client Spotlight: Cleveland Institute of Music

By 5 on July 24, 2020

The Cleveland Institute of Music (CIM) is one of just seven independent conservatories of music in the United States and one of three exclusively devoted to classical music. CIM students benefit from intensive study with CIM’s stellar faculty, access to world-renowned visiting artists and conductors, and the rich curriculum offered by CIM’s partner Case Western Reserve University. CIM’s graduates command the most celebrated and revered stages in the world as soloists, chamber musicians and ensemble members; compose award-winning repertoire; and are sought-after teaching artists, administrators and thought leaders within the world of classical music.

Energy costs are an important expense that CIM needs to control to remain within its operating budget. Additionally, the school’s facilities must be climate controlled and operated within strict temperature and humidity parameters in order to store and properly maintain its instrument collection. CIM needed a partner to advise them on electricity and natural gas procurement and the implementation of a purchasing strategy that will help the school to stay within its budget. Through 5’s competitive procurement process, electricity and natural gas contracts were put in place that reduce CIMs energy costs by $93,000 over the term of their agreement.  Our team leveraged our proprietary energy market platform, Level5, to identify strategic purchasing opportunities, lowering CIM’s energy costs now, and into the future. 

CIM also relies on 5 to provide advice on regulatory issues that are shaping energy markets in Ohio. Recently, Ohio enacted legislation designed to reduce carbon emissions and increase the amount of electricity from renewable power sources.  Some of these initiatives are affecting what customers pay for electricity. Our advisory services help CIM take both regulatory and market forces into account as they plan and forecast their expenses. 5’s energy expertise and its partnership with CIM enable the school focus on what it does best – train and educate classically trained musicians.

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Topics: Clients Procurement
2 min read

Client Spotlight: DiBella's Subs

By 5 on June 24, 2020

DiBella’s Subs started over a century ago as a little corner grocery store in Rochester, NY. The business evolved into an Italian import store and delicatessen and eventually decided to focus on perfecting the time-honored baking techniques that would produce the classic sandwich roll for which they are famous. Today, that small, family-run business has 44 stores in five states, and is known for its quality, exceptional service, and fresh baked bread. In fact, DiBella’s mantra is, “It’s all about the bread.” They believe that every time they build a sandwich, they build a relationship. This has created a dedicated customer base, where first-time visitors are changed into life-long fans.

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Topics: Clients Procurement
1 min read

McLean Packaging Commits to Completely Renewable Energy

By 5 on May 28, 2020

Moorestown, NJ - May 28, 2020

McLean Packaging, a turnkey provider of rigid set boxes, folding cartons, corrugated displays and thermoformed packaging solutions with emphasis on the beauty and personal care sectors, has contracted with national energy advisory firm 5 and ENGIE Resources, LLC on a five-year energy agreement that supports the development of renewables. The deal supports McLean’s zero carbon transition and sustainability goals which include sourcing 100% of its electricity from renewable resources.

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Topics: Clients Procurement Sustainability Press Renewables
1 min read

Carlton Towers Honors First Responders

By 5 on May 27, 2020

One of 5's long-time clients, Carlton Towers in Passaic, New Jersey, encouraged their residents to gather on their balconies to thank first responders and front-line healthcare workers.  One glance at the smiles, flags, heartfelt messages, and united praise for all the brave men and women risking their lives made us feel hopeful and grateful. We think it will do the same for you. Check out the video below to see how this community showed their appreciation for local healthcare heroes. Click here to read the article. 

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Topics: Clients Culture
3 min read

Billingsley Company Partners with 5 and TXU Energy on Renewable Energy Strategy

By 5 on April 3, 2020

Dallas, TX - April 4, 2020

As an industry leader in real estate development and property management, Billingsley Company has a robust and diverse portfolio throughout Texas. Now, with the help of energy advisory company 5, and TXU Energy, the firm has landed a deal of a different kind: a long-term energy contract utilizing 100% renewable energy sources that will yield significant cost reductions.

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Topics: Clients Procurement Sustainability Press Renewables
2 min read

Fort Worth Museum of Science and History Partners with 5 & TXU Energy

By 5 on March 2, 2020

Fort Worth, TX - March 2, 2020

The Fort Worth Museum of Science and History has powered its way to energy cost reductions and a cleaner energy future by executing a new 100% renewable electricity agreement with TXU Energy through its partnership with the energy advisory firm 5.

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Topics: Clients Procurement Press Renewables
1 min read

Client Spotlight: Western Carriers, inc.

By 5 on February 20, 2020

Western Carriers, Inc. is one of the leading warehousing and transportation service providers to wine and spirits importers, wineries, wholesalers, retailers, restaurants, and private collectors in North America. The company stores more than 159 million cases in almost 3 million square feet of warehousing space, exclusively dedicated to wine and spirits in New Jersey. 

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Topics: Clients Procurement Renewables
2 min read

Client Spotlight: Irving Convention Center

By 5 on January 30, 2020

Click here for the downloadable PDF. 
 

The Opportunity

Prior to partnering with 5, the Irving Convention Center (ICC) had procured energy by issuing RFPs directly to suppliers. While this process met their basic needs, the ICC lacked the time and tools to track and analyze market conditions or conduct usage analyses that would allow the facility to capitalize on periodic market fluctuations. As a result, the ICC had little opportunity to reduce baseline energy costs or pursue operational efficiencies. Additionally, the ICC had initiated a new lighting project but lacked the funding to complete it.

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Topics: Clients Case Studies Videos Procurement Renewables