Online Auction Provider Pricelock Launches Partner Program for Energy Management and Consulting Firms

Pricelock, which offers online physical energy auctions, has launched the Pricelock Partnership Program which allows energy management, procurement, and supply chain optimization consultants and service providers to utilize Pricelock's suite of energy transaction products and network of hundreds of energy suppliers.

"The partnership program will enable energy consultants to help their clients across all types of energy, even those where they haven't provided procurement services previously," Pricelock said, whose procurement platform includes power, natural gas, motor fuels and coal.

"By partnering with Pricelock, energy managers and consultants are able to combine their knowledge of the energy markets with Pricelock's supplier liquidity and technology to help make their energy procurement more competitive and efficient. Not only do they avoid the headaches and upfront cost of building an energy procurement platform themselves but they can turn what has traditionally been a cost center into a profit center," said Naveen Agarwal, Chief Executive Officer of Pricelock.