Customer story · Burleson, Texas
On the Rocks Italian Bistro: ~24% Off the Supply Rate
Before opening, a Burleson restaurant asked suppliers to bid for its electricity contract. The winning bid was a 24-month fixed rate about 24% below the previous tenant's supply rate.
Published · Updated
The result
~24%
lower supply rate than the previous tenant's
- Projected savings
- ~$7,400 a year
- Term
- 24-month fixed
- Supplier
Constellation Energy
- Sourced by
- Reverse auction
Projected savings are an estimate at the restaurant's expected usage, not yet realized; actual savings depend on how much power it uses. Compared with the supply rate on the previous tenant's bill at the location. One account's historical result; savings vary by account and market.
How it worked
From an empty restaurant space to a signed contract.
- 01
The old bill set the rate to beat.
The owner was opening a new restaurant in a space where another restaurant had closed. The supply rate on the previous tenant's last bill became the number to beat.
- 02
The meter's history filled in the usage.
Suppliers need usage to price an account, and the location's recent bills came from months the kitchen sat idle. The meter's history from when the space last ran as a restaurant stood in instead, since the new kitchen would run the same equipment on similar hours. That estimate put the account over the 100,000 kWh a year line to apply for a reverse auction.
- 03
Suppliers bid against each other.
The account went out to a reverse auction asking for fixed rates on 12, 24 and 36-month terms. Suppliers could see each other's offers, and most of the lower offers came in on the final day.
- 04
The owner picked an offer, reviewed the contract and signed.
Of the offers that came back, the owner chose Constellation Energy's 24-month fixed supply rate. After reviewing the contract, the owner signed it. The cut is in the rate itself, so the dollars saved follow however much power the restaurant actually uses.
“Voltcheckr was quick, easy and saved my business thousands!”
Savings are projected over the 24-month contract, not yet realized, and the dollars depend on how much power the restaurant uses. Savings vary by account and market.
Reverse Auction
For accounts over 100,000 kWh a year
Need help? Call (469) 708-9311
We set it up with you
Voltcheckr reviews your application and usually contacts you within the hour, 7am–7pm CT, Monday–Saturday, to set up the terms you want.
Suppliers bid head to head
You get each bid by email as it comes in, usually over 4 to 5 business days, and offers tend to improve, most often on the last day.
Pick the winning bid
Voltcheckr goes over that supplier's contract terms with you before you sign.
Need help? Call (469) 708-9311
How we figured it
Savings compare supply charges only, against the supply rate previously billed at the service location, and leave delivery out; delivery charges are billed under the local utility's regulated tariff, and how they appear in an offer differs by supplier. Savings vary by account and market. The percent is shown rounded; dollar savings depend on the account's actual usage, taxes, and charges. This analysis is for informational purposes only and does not constitute a binding offer or guarantee of savings. Contracted supplier pricing and the location's usage are confidential and not published.