SIB’s Utility Experts, Cost Control Associates, Lock In a 76% Price Reduction Worth $3.5 Million in Annual Savings
August 2, 20231 min read

SIB’s Utility Experts, Cost Control Associates, Lock In a 76% Price Reduction Worth $3.5 Million in Annual Savings

Client

Super Center Concepts Inc. operates one of the largest independently owned, grocery super center chains in the greater Los Angeles metropolitan area with more than 40 outlets under the Superior Grocery name.

 

Challenge

Gas rates in California experienced a significant surge during the period spanning 2022 and early 2023. The utility’s supply rates exhibited extreme volatility, leading to monthly increases in our client’s bills –making it difficult to predict and manage their overall costs.

 

Solution

Utilize CCA’s Energy Procurement Services to help Superior Grocery better manage their natural gas spending and empower them to better manage their business. CCA provided detailed market information and access to its parent company, SIB, to uncover additional opportunities for cost savings.

 

Results

Cost Control Associates (CCA) sources energy in deregulated markets for electricity and gas by leveraging buying power and managing volatility in energy markets. 

During February 2023, the expenses for utilities supply totaled $381,500. We secured a fixed price and reduced their monthly cost by 76% to $89,400. Considering utility prices tend to fluctuate monthly, our client can potentially save $3.5 million by maintaining this level of savings for a full year.

 

Read the Case Study to Learn More 

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