Legacy Energy
58 Winchester Street , Warrenton, Virginia, United States

The Legacy Energy Group, LLC (Legacy Energy) is an independent, diversified energy management services company serving clients throughout the United States and Canada. Headquartered in Warrenton, Virginia, Legacy Energy also has offices in Frankenmuth, Michigan.  Founded in 1998, Legacy Energy’s senior executive team has an average of 25 years of experience in all major areas of the energy industry, including: regulated energy markets, deregulated energy markets, demand response, electric utilities, natural gas utilities, wholesale power marketing and trading, risk management, independent power plant development, and the procurement of electricity and natural gas for retail and wholesale customers. Legacy Energy integrates this diversified skill set throughout its operations to deliver industry-leading, customized energy procurement and management solutions for each of our clients.

LEGACY ENERGY MISSION STATEMENT:

To serve as the premier energy advocate for each of our valued industrial, commercial and retail clients throughout the United States and Canada, diligently working to mitigate your energy-related risk while striving to lower your ongoing cost of energy.

Legacy Energy’s unwavering focus on delivering on the goals outlined in our Mission Statement dominates every aspect of our organization, and is your assurance that as a Legacy Energy client, your company will receive the finest energy management services available. With over $300 million per year of natural gas and electricity procurement under active management, Legacy Energy has the proven ability and experience necessary to keep your company at the forefront of energy management optimization.  Legacy Energy’s broad spectrum of clients represents every industrial, commercial and retail sector. From local private firms to global multinational firms, we excel in developing and implementing client-specific energy management strategies related to energy procurement, demand reduction, risk mitigation, conservation, efficiency, and data management.  We are appreciative and proud of the professional, dedicated staff that we have assembled to represent you. We very much look forward to working with you and eagerly anticipate developing a long lasting, mutually beneficial partnership with you and your company.

Services

The ongoing de-regulation of natural gas and electricity markets throughout the United States and Canada has provided industry with great opportunities to be directly involved in controlling the price of energy. Along with this tremendous opportunity comes the equally significant responsibility of skillfully traversing complex domestic and global commodity markets. Considering the constant state of flux and potentially overwhelming number of factors that impact energy commodity prices, navigating these diverse energy markets requires a seasoned, macro-level approach.  Legacy Energy is proud to serve as your trusted, unbiased partner for all of your energy procurement needs, including natural gas, electricity, fuel oil, propane and diesel. We are not affiliated with, nor do we derive hidden compensation from energy suppliers. Our extensive knowledge of each deregulated market allows us to quickly and accurately proffer and evaluate the most qualified suppliers in your area. Additionally, our in-depth experience with each market’s qualified energy suppliers allows us to focus on those available programs that best serve your energy profile.  Because energy expenditures are often among our clients’ most significant non-employee related expenses, we go to great lengths to understand in as much detail as possible your goals and objectives for energy procurement. Your energy procurement objectives are identified in concert with you and are wholly tailored to your company-specific operating requirements. Several of the factors that are analyzed to determine your procurement objectives are your company’s:

• budget risk-tolerance level
• budget-certainty requirements
• tolerance level for physical hedging of future energy needs
• tolerance level for financial hedging of future energy needs
• financial and credit factors

Energy Audits

A very beneficial service to all commercial and industrial clients is an on-site energy audit. Legacy Energy’s energy audit is designed to provide you with a baseline view of your facility’s (or, for those of you with multiple buildings and/or locations, facilities’) energy footprint. The mechanics of the energy audit is an on-site inspection, survey and analysis of energy flow throughout a building, including internal processes and systems in order to allow you to fully understand the energy dynamics of a particular facility.  The overriding goal of any energy audit is to determine areas within your facility that present specific opportunities to reduce the amount of energy input into your facility without negatively impacting necessary operations.  The result of the preliminary energy audit is a report that seeks to prioritize a facility’s energy uses according to the greatest to least cost effective opportunities for energy input reduction. With the results of your energy audit, you and Legacy Energy’s next step is to prioritize and implement those energy-reducing solutions that best maximize your overall energy consumption.

Physical and Financial Risk Management

A major component of your company’s energy management strategy often includes implementation of physical and financial risk management strategies. The ability to proactively layer or hedge energy purchases for future periods can serve as a powerful physical risk management tool. Hedging portions of your projected energy volumes when commodity markets present strategic buying opportunities allows you to not only maximize your future energy savings, it also adds a proportionate level of budget certainty for a specific period into the future, whether your hedge be short-term (months), mid-term (quarters), or long-term (years). Additional physical risk management tools include but are not limited to triggers, caps and collars, stop loss orders, around the clock energy blocks, fixed price contracts, full requirements contracts, and index price contracts.  Financial risk management refers to the utilization of financial products to limit and manage your exposure to risks associated with future costs of energy. Many firms view financial risk management solutions as insurance policies. In most cases, financial risk management is carefully interwoven with physical risk management strategies to deliver an optimally planned energy risk management solution. Organizations most likely to incorporate financial risk management tend to be those firms that have substantial annual energy expenditures and desire the highest possible level of budget certainty.