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.

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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
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
1 min read

Whole Health Energy Plan Implemented for Major NYC Medical Center

By 5 on March 31, 2020

In late 2018, a world-class academic medical center in NYC engaged Luthin Associates, 5’s regional brand in the tri-state area, to process Gross Receipts Tax (GRT) refunds. This hospital group has already come to expect excellence when working with our team through various programs and projects that we were doing on an ala carte basis. After only a few years of the GRT program, the hospital system had already realized over $700,000 in refunds.

The initial impact of these GRT refunds mirrored what many not-for-profits had already experienced by working with our team with over $34 million worth of GRT rebates secured for our clients between 2003 and 2021.

As our relationship with the hospital system progressed, our bill auditing experts identified that the client’s gas accounts were in a high-cost utility balancing pool. We assisted in switching the client to a lower cost pool, resulting in a $159,000 transportation cost reduction in less than one year.

Utilizing our proprietary market analysis system, Level5, we worked with the client to develop a proactive strategy to manage the electricity and natural gas procurement processes for their wide array of NY campuses at the onset of the recent pandemic. In aggregate, this medical system consumes over 60 MW of power and 3 million MMBtu of natural gas annually. After careful analysis of the various supply options, potential products, and associated price risks, along with a clear sight on the client’s goals, 5 negotiated favorable contractual terms with a reputable supplier, ultimately saving the client over $6.4 million through the term of the contract.

5 is honored to serve as the energy advisor in providing a whole health energy plan for this critical provider of healthcare throughout NYC. We continue to work closely with the client to maximize the financial benefits of deregulation while also charging towards the client’s sustainability goals and their compliance with NYC’s Climate Mobilization Act.

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Topics: Case Studies Procurement Sustainability Resiliency
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
2 min read

Client Spotlight: Fort Worth Zoo

By 5 on December 19, 2019

The Fort Worth Zoo was founded in 1909 with one lion, two bear cubs, an alligator, a coyote, a peacock and a few rabbits. It is the oldest, continuously operating zoo in Texas. From these humble beginnings, the Zoo has grown into a nationally recognized facility, housing more than 7,000 native and exotic animals, representing more than 500 species.

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Topics: Clients Case Studies Procurement
1 min read

Client Spotlight: City of Mansfield

By 5 on November 21, 2019

The City of Mansfield looked to 5 to help identify better ways of purchasing electricity and operating their facilities. This included moving away from a municipal aggregation and into a favorable supply contract that will save the city approximately $9 million in electricity expenses. 5 also worked with the city to improve the operations of its water treatment plant. Adjustments to the operating profile of the main water pumps and training provided to the staff reduced demand charges by over $100,000. 5’s energy expertise enabled the City of Mansfield to significantly lower their operating expenses and improve the efficiency of the water utility that serves the city.

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Topics: Clients Case Studies Videos Procurement