Breaking New Ground

Midwest Energy Efficiency Leaders Recognized for Groundbreaking Achievements with Procurex as reverse auction and technology provider

We have blogged about how Procurex, Inc. ran the first-ever Online Reverse Auction for Energy Efficiency Grants for the State of Missouri that resulted in up to 75 Million kWh of energy saved in the past. This was uncharted territory for both parties involved. This historic auction that was conducted in the summer of 2010 was recognized at the Inspiring Efficiency Awards held by the Midwest Energy Efficiency Alliance (MEEA).

The Missouri Department of Natural Resources won the Innovation Award for its Best Price Energy Efficiency Program. This program would not have thrived if it weren’t for Procurex’s software. Procurex was integral in helping the state of Missouri award $3 million in American Reinvestment and Recovery Act funded energy efficiency grants to businesses. You can see the official link below:

http://www.prnewswire.com/news-releases/midwest-energy-efficiency-leaders-recognized-for-groundbreaking-achievements-113580569.html

This was the first online reverse auction of its kind, and the state of Missouri, with Procurex, has proven that even energy is a product that can yield savings through a specific vision of strategic sourcing.