Direct Energy Business
Market Data For Your Home Contact Us

How a Holistic Energy Strategy is Boosting this Plastic Recycler

read | Share:

The skyrocketing energy rates caused by polar vortex of 2014 caught many businesses by surprise. One of those businesses was Ultra-Poly, a Pennsylvania-based plastics recycling and manufacturing company. 

While Ultra-Poly took proactive steps to minimize the risk of power shortages, the company — like many in the region — was impacted by a dramatic increase in energy prices, resulting in significantly higher energy bills.

After discussing the challenges presented by extreme weather, Direct Energy Business recommended PowerPortfolio, a hybrid fixed and energy product that allows businesses to purchase power like a financial portfolio. Through PowerPortfolio, Ultra-Poly was able to develop an energy purchasing plan that combined fixed and variable price strategies with transparency, giving them the opportunity to purchase power at wholesale — rather than retail — prices.

The result?

Ultra-Poly purchased about 50 megawatt hours (MWh) hours of electricity at favorable rates through PowerPortfolio, resulting in nearly $250,000 in savings over the term of a fixed price contract. Pleased with the results, Ultra-Poly made PowerPortfolio part of its long-term energy strategy along with Panoramic Power and Demand Response.

Ultra-Poly is just one example of how a holistic energy strategy can improve operations, minimize risk exposure, and boost the bottom line. To learn how a holistic energy strategy can benefit your business, please read our complete Ultra-Poly case study

Posted: February 23, 2016

Set your ZIP code and utility

Enter a valid ZIP code
Unfortunately, we don't currently service this area. Please try another ZIP code.

Loading please wait...

Don't see your utility?

We currently only provide service to the listed utilities. For question, please contact 1-888-925-9115.