News & Events

eDynaQuote and Luthin Associates Team Up to Save Over $2.5 Million on Electricity and Fossil Fuels

A major university in New York saved over $2.5 million on its energy costs last quarter through a competitive purchasing process powered by eDynaQuote and managed by Luthin Associates.

Press November 6, 2007

The savings were realized using eDynaQuote’s proprietary reverse auction software which allowed this university to procure electricity, gas and oil contracts from energy suppliers. The reverse auction is a highly competitive process used in many procurement areas and it has become an important tool.

Please read the full press release below for more details.

eDynaQuote and Luthin Associates Team Up to Save Over 2.5 Million on Electricity and Fossil Fuels