Methods for assisting and enabling a large industrial or business
consumer of energy to become a self-serving retail
electricity provider in a deregulated
energy market. Performed by an energy advisory and
transaction management service provider, one method registers the large business energy
consumer with the state public utility commission, assists the business to qualify as a scheduling entity with an independent service operator, and establishes the business as a bilateral trading partner of wholesale energy merchants. In another method, the business
processing outsourcing service assists the business in energy
purchasing and risk management decisions by forecasting zonal load requirements for the business. A price forecasting analysis is compared with supply offers from wholesale energy merchants and bilateral transactions for
energy supply are brokered between the business and the wholesale energy merchants. In another method, the
business process outsourcing service assists the business to manage electronic transactions with an independent service operator and a transmission and distribution
service provider. A daily load forecast for the business is updated and compared with energy purchase commitments to identify imbalances between supply and demand. The outsourcing service submits a daily schedule of forecasted sub-hourly load and purchase and sale commitments to the independent
system operator. The outsourcing service receives and processes invoices from market participants and generates financial settlement reports for the business.