Industry
Arts, Entertainment & Recreation
Challenge
The National Baseball Hall of Fame faced complex, hard‑to‑compare energy proposals in a deregulated market and lacked the time and expertise to confidently secure the best price.
Result
NextEra Advisors simplified supplier options, ran a competitive bid and secured an affordable energy rate—reducing costs and setting the foundation for long‑term energy market support.
Product
Energy Procurement
"In the ever-evolving world of energy providers, NextEra Advisors stands out as a company that has simplified choices and advised the National Baseball Hall of Fame and Museum on the optimum use of our operating dollars. With a firm understanding of all utility options available, NextEra Advisors continues to deliver in the clutch with sound tactics that help the Museum maximize its opportunities."
Challenge
The National Baseball Hall of Fame (NBHOF), with its high energy needs and complex deregulated market options, needed help securing an affordable and clear energy plan. NextEra Advisors stepped in to compare options, navigate the complexities, and secure a cost-effective solution for the Museum.
As a national institution and tourist destination attracting more than 300,000 visitors per year, the National Baseball Hall of Fame sought help to make sense of the deregulated energy market. With six different proposals from energy providers that seemed to speak six different languages, the NBHOF needed to both understand the information and be confident it was getting the best possible energy price. Without the time, resources, or dedicated team in-house, the NBHOF needed the expertise and partnership of a trusted energy advisor.
Solution
NextEra Advisors knew the Museum needed to be able to easily compare rates and programs from across several potential energy suppliers. It also needed reassurance that it could indeed get an affordable energy price in the deregulated market. In the current economic climate where tourist traffic can fluctuate as consumers prioritize their spending, NextEra Advisors knew how critically important it was for the NBHOF to keep its costs down.
Result
NextEra Advisors clarified energy prices and offerings in an apples-to-apples comparison and secured an affordable energy price through its one-chance bid process. It also provided market updates on energy issues and energy-related programs to benefit the NBHOF. In the coming years, NextEra Advisors will help the Museum keep costs down through its sealed-bid auction and offer continuing market intelligence. The companies’ positive relationship has led to an expanded partnership between NextEra Advisors and the Leatherstocking Corporation, the parent company of Cooperstown’s most-loved landmarks, including the National Baseball Hall of Fame.
