Best Practice Energy lets electricity suppliers compete on price

Fastest Growing Companies | $250,000-$5M | 4th place
CEO (or equivalent): Bryan Yagoobian, president
2017 Revenue: $3,159,732
2015 Revenue: $1,926,611
Revenue growth: 64%

With the changes in deregulation and improvements in technology, Best Practice Energy LLC is strongly placed for growth in Rhode Island.

Located in South Kingstown, Best Practice manages the market participants to get its clients the lowest price available for their energy needs. The company creates a competitive environment to get the best deals available, while making sure to give a high level of services and transparency through its negotiation strategy and exclusive supplier contracts.

“We bring millions of dollars of commodity contracts to market annually. Our volume commands proper treatment for commodity contracting needs. For unparalleled access to competitive suppliers, watch the action with our online reverse auction, see the absolute lowest price manifest,” said Best Practice on its website.

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Best Practice works with municipalities and local agencies to look at what program works best for the customer’s budget and risk profile.

The company says it’s important to look beyond the amount of kilowatt hours you use to where energy is being wasted, how much is that costing you and whether you’re using outdated equipment. Lighting, motors, compressed air, HVAC and refrigeration are among the sources of waste.

Best Practices uses a facility analysis, optimization tools and resources to locate the sources of energy waste.

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