Case Study: Leading Commercial Office achieves $470,000 (18%) annual savings vs. utility rates with WatchWire

How a Commercial Office Portfolio Saved $470,000 vs. Utility Rates

Leading Commercial Office, a six-property commercial office portfolio consuming roughly 41 million kWh annually, faced a complex, evolving capacity market and needed a layered hedging strategy to manage $3.2M in annual supply costs. WatchWire was engaged to recommend procurement products and terms, using a day-ahead index product with varying on-peak blocks (June, July, August, January, February) to capture low hourly LBMP rates and hedge against volatile winter on-peak pricing.

WatchWire implemented layered hedges and advised passing through capacity costs initially with a supplier trigger to convert to fixed capacity once the market stabilized. The approach delivered $470,000 (18%) annual savings versus the lowest available fixed pricing, an additional $45,000 (2%) versus an unhedged day-ahead index, and $90,000 (4%) savings on capacity timing — measurable reductions on a $3.2M baseline.