Who is CN Brown Energy?
Comprehensive
CN Brown Energy provides a range of energy services across Maine, New Hampshire, Vermont, and Massachusetts. It has over 70 years of experience in the petroleum market as a trusted, family-owned business.
Reliable
Since 1948, CN Brown has grown to employ over 1,000 people, operating 73 Big Apple stores, 24 heating oil offices, and 9 service stations. Their extensive network ensures reliable energy delivery to 100+ gasoline dealers.
Stability
Leveraging decades of expertise, CN Brown Energy effectively manages energy risks and protects margins. Their commitment to innovation and service stability benefits a diverse customer base.
CHALLENGES
Challenges in Energy Procurement, Managing Risk, and Pricing
CN Brown, like other energy providers, grapples with managing risk and optimizing energy procurement and pricing through rigorous forecasting and scheduling.
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Procure the right amount of energy at competitive prices
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Align energy pricing accurately with market conditions
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Effective forecasting needs increase resources and skill
SOLUTIONS
CN Brown Embraces POWWR’s Integrated Solutions through Managed Services
CN Brown leveraged POWWR’s managed services and Risk360 platform to streamline operations and improve energy procurement decisions.
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200+ years’ of expertise in electric and gas management
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Optimize energy pricing with POWWR’s matrix
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Precise daily forecasting from thorough weather analysis
CN Brown Energy and Their POWWR Partnership
Enhanced Operational Precision
POWWR's managed services optimize daily positions and scheduling, achieving 5% accuracy in ISO requests, down from 10%.
Expert Insight and Market Analysis
Unparalleled market foresight with POWWR's professional team and in-house climatologist, ensuring proactive decision-making.
Risk Mitigation and Margin Protection
POWWR's managed services minimize forecasting risks, safeguarding margins through precise insights and strategic hedging.
RESULTS
Driving Success: CN Brown Partners with POWWR for Insightful Management
CN Brown opted for POWWR due to its top-notch SaaS technology and highly beneficial managed services, “I could see that POWWR’s managed service would make my life a lot easier and save me a lot of time,” praised Lori Hemmerdinger, Sales Manager, for their time-saving and intelligence-enhancing capabilities crucial in their operations. POWWR’s seasoned team, with over 200 years of experience in electricity and natural gas risk management, supports CN Brown by handling forecasting, extreme weather scenarios, scheduling, nominations, hedging, and portfolio management, thereby minimizing risks.
Daily, POWWR provides CN Brown with a pricing matrix for accurate client energy pricing to safeguard margins, while their precise daily deliverables forecasting, overseen by POWWR’s in-house climatologist, addresses climate-induced weather volatility. POWWR’s comprehensive reporting aids CN Brown in maintaining compliance with Renewable Portfolio Standards, facilitating the acquisition of renewable energy credits and providing a thorough audit trail for internal and external stakeholders.
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