Energy.com Putting RFP System on the Web
Energy.com Corp. of Columbus, OH, is preparing to launch eBID,
an on-line Request for Proposal (RFP) system through its web site
at www.energy.com. The web-based interactive RFP process will allow
commercial and industrial businesses to shop for the best energy
source on-line. Energy.com's eBID is scheduled to launch later this
The electronic bidding system will allow commercial and
industrial businesses to define their energy requirements and
preferences once, while submitting their requests for competitive
bids to either one or multiple energy suppliers. This process also
allows energy marketers to cost-effectively respond to these
commercial and industrial customers through the same interactive
on-line system. By enabling energy marketers to respond to
thousands of requests using fewer resources, eBID will help these
marketers to expand their markets while enhancing margins.
"Downward pressure on margins is making it extremely difficult
for many energy marketers to justify their businesses. The Internet
allows progressive marketers to rethink the way they approach the
market, enhance margins and increase profitability," said Thomas L.
Ulry, president of Energy.com Corp.
"Historically, the competitive bid process for energy has been
time-consuming and labor intensive for both the consumer and energy
marketer. eBID allows consumers to better control the materials
received by energy marketers and make the evaluation and selection
process easier," said Kathryn J. Hughes, Energy.com product
Energy.com is negotiating with energy marketers and anticipates
executing several contracts prior to eBID's launch. Additional
energy suppliers will continue to be added following the product
"The geographical reach of the marketers anticipated for the
launch of eBID will allow Energy.com to launch eBID throughout the
Midwest in a first phase. We intend to expand to a national
offering soon thereafter. Each supplier added will expand our
market presence," said Ulry. "Additionally, participating marketers
will be offered the opportunity to license eBID for use on their
own web sites."
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