Enegoku is the only free service in Japan that uses a reverse auction method to select electricity contract providers, optimizing electricity costs and supporting the adoption of renewable energy.

What were the results in Otsu City's case?

In Otsu City, Enegoku was implemented for 49 public facility contracts, achieving a simultaneous switch to renewable energy and a reduction of about 23.8% in electricity costs for high-voltage contracts.

What are the benefits of the reverse auction method?

The reverse auction method allows retail electricity providers to re-bid multiple times while seeing competitors' prices, promoting competition and potentially leading to lower unit prices and cost reductions.

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First in Shiga Prefecture! Otsu City Utilizes 'Eneoku' for the Introduction of Renewable Energy Electricity

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AI Summary (NQ-processed)

Enerbank Inc. supported Otsu City in switching 49 public facility contracts to renewable energy using the reverse auction service 'Eneoku', achieving a 23.8% cost reduction for high-voltage electricity.

AI Analysis

Frequently Asked Questions

Q: What is Enegoku?: A: Enegoku is the only free service in Japan that uses a reverse auction method to select electricity contract providers, optimizing electricity costs and supporting the adoption of renewable energy.
Q: What were the results in Otsu City's case?: A: In Otsu City, Enegoku was implemented for 49 public facility contracts, achieving a simultaneous switch to renewable energy and a reduction of about 23.8% in electricity costs for high-voltage contracts.
Q: What are the benefits of the reverse auction method?: A: The reverse auction method allows retail electricity providers to re-bid multiple times while seeing competitors' prices, promoting competition and potentially leading to lower unit prices and cost reductions.