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Sea Box has saved upwards of $7,000 per year on their natural gas supply charges through their relationship with SJE.

Case Study

Sea Box Inc.

Challenge:

Sea Box, Inc. specializes in manufacturing ISO shipping and storage containers. They offer a variety of sized containers which can serve as equipment, tactical, or personal shelters. With more than 35 years in the industry and having 4 different locations in New Jersey, Sea Box wanted to make sure that they were being as energy efficient as possible and were actively managing their supply costs.  With respect to their electric load they had made a significant investment on a rooftop solar array however they remained passive with respect to their natural gas costs.  They had a history of exceeding their natural gas supply budget due to extreme variability in the Utility’s volatile rates and were seeking a more disciplined approach.

Solution:

Sea Box came on board with SJE as a natural gas customer in March of 2012. Since that time, they have consistently locked in their delivery portion of their supply (Basis) and have floated the market with NYMEX Last Day Settle each month. This approach has allowed them to capitalize on market timed purchases while also realizing the benefit of the overall downtrend in the NYMEX market over the last 5 years.

Results:

Based on market conditions, Sea Box has saved upwards of $7,000 per year on their natural gas supply charges through their relationship with SJE. This relationship is expected to continue to grow over the long-term. Working with SJE has given Sea Box the peace of mind knowing that their natural gas budget is being managed by an Energy Advisor who is providing unbiased guidance.

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