Bidwell Energy’s reverse auction technology revolutionizes how gas and electric utilities purchase energy, driving down costs to benefit ratepayers. In this video, viewers witness a real-time auction, where competing bids progressively lower energy prices through live feedback. By minimizing suppliers’ risks and maximizing competition, Bidwell’s platform ensures utilities secure the most competitive rates, directly translating to customer savings. The example auction achieved a price reduction of over six cents per decatherm, saving a utility client more than $150,000. This demonstration highlights Bidwell’s commitment to optimizing energy procurement for all. Visit bidwellenergy.com to learn more or schedule a demonstration.
