Bowen Enterprises, Ltd. Dave Landon August 30, 2016 Case Studies / TestimonialsBowen Enterprises, Ltd. Energy Advisory & Building Long Term Relationships The situation. Bowen Enterprises of Corpus Christie, TX has always been a market leader and part of the Texas Dairy Queen Operator’s Council, but as the energy supply markets were heating up back in 2013, the company needed an alternative to their existing energy supplier and a way to put ever increasing expenses on ice, across their portfolio of 15 locations, and 27 individual accounts, including commercial demand meters and commercial light meters.Objectives. CJ Peterson ran a detailed energy audit in an effort to uncover potential inefficiencies. The challenge was a multi-dimensional one: 1) Improve the bottom line with a “best-rate” scenario where-by all store locations would realize benefit 2) Protect and insulate Bowen from any potential drastic changes in market conditions, affecting future pricingThe Diversegy advantage. In addition to securing rates that would save the client $50,000 over the next 24-months, Diversegy negotiated on behalf of Bowen to eliminate all ongoing meter fees and for them to maintain ultimate flexibility in their energy usage with 100% swing.But that’s, not all. Diversegy accomplished all of the above in partnership with a green energy supplier, which enabled Bowen to take advantage of renewable energy credits. This helped meet sustainability goals that made it possible for Bowen to apply for the EPA’s Green Power Partnership.What our client is saying. “CJ definitely made my job easy with the knowledge and excellent service he provided. It was truly a pleasure dealing with someone who actually knew my business, having grown up in franchising himself, and who delivered on the promises he made,” said JB Salinas, Safety Administrator, Bowen Enterprises. “In fact, as the markets began to shift 12-months into our 24-month agreement, CJ was right there, fighting for every penny – we were able to forward lock our agreement for an additional 36 months and have now reduced our annual energy expenses by an additional 6.5% from our first agreement.”About Us: Diversegy is a wholly owned subsidiary of Genie Energy Ltd. (NYSE:GNE). Diversegy has become one of North America’s premier energy advisors to thousands of customers across deregulated energy markets in the US.