Who is CN Brown Energy?
Comprehensive
CN Brown Energy provides a range of energy services across Maine, New Hampshire, Vermont, and Massachusetts. It has over 70 years of experience in the petroleum market as a trusted, family-owned business.
Reliable
Since 1948, CN Brown has grown to employ over 1,000 people, operating 73 Big Apple stores, 24 heating oil offices, and 9 service stations. Their extensive network ensures reliable energy delivery to 100+ gasoline dealers.
Stability
Leveraging decades of expertise, CN Brown Energy effectively manages energy risks and protects margins. Their commitment to innovation and service stability benefits a diverse customer base.
Challenges
Challenges in Energy Procurement, Managing Risk, and Pricing
CN Brown, like other energy providers, grapples with managing risk and optimizing energy procurement and pricing through rigorous forecasting and scheduling.
Procure the right amount of energy at competitive prices
Align energy pricing accurately with market conditions
Effective forecasting needs increase resources and skill
Solutions
CN Brown Embraces Risk360º's Integrated Solutions through Managed Services
CN Brown leveraged Risk360º's managed services and platform to streamline operations and improve energy procurement decisions.
200+ years’ of expertise in electric and gas management
Optimize energy pricing with Risk360º's matrix
Precise daily forecasting from thorough weather analysis
Results
Driving Success: CN Brown Partners with Risk360º for Insightful Management
"With Risk360º, the accuracy of the data and reporting is tremendous. So much so, that the dedicated loads we request from the independent system operator (ISO) each day now has a 50% improvement in accuracy."
— Lori Hemmerdinger, Sales Manager, CN Brown Energy
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CN Brown opted for Risk360º due to its top-notch SaaS technology and highly beneficial managed services, “I could see that Risk360º’s managed service would make my life a lot easier and save me a lot of time,” praised Lori Hemmerdinger, Sales Manager, for their time-saving and intelligence-enhancing capabilities crucial in their operations. Risk360º’s seasoned team, with over 200 years of experience in electricity and natural gas risk management, supports CN Brown by handling forecasting, extreme weather scenarios, scheduling, nominations, hedging, and portfolio management, thereby minimizing risks.
Daily, Risk360º provides CN Brown with a pricing matrix for accurate client energy pricing to safeguard margins, while their precise daily deliverables forecasting, overseen by Risk360º’s in-house climatologist, addresses climate-induced weather volatility. Risk360º’s comprehensive reporting aids CN Brown in maintaining compliance with Renewable Portfolio Standards, facilitating the acquisition of renewable energy credits and providing a thorough audit trail for internal and external stakeholders.
“By leaning upon Risk360º’s managed services we can focus on our customers a bit more.”
LORI HEMMERDINGER | SALES MANAGER | CN BROWN