Working out of Transparent Energy’s Chicago office, Eric Wyman is the Business Development Manager responsible for leading the business development team in their assignments with innovative buying strategies to manage clients’ energy portfolios and mitigate risk in the market. He provides dynamic energy management services to commercial and industrial businesses with diverse facilities located in deregulated power markets throughout the country.
Transparent Energy, founded in 2009, specializes in helping hotels and other large energy buyers procure the electricity, natural gas, and renewables they need to run their businesses. They combine a proven process for energy procurement optimization, online-auction technology, and expert knowledge of the energy market to deliver an energy-procurement experience that increases competition and drives down contract prices.
In recent years, Transparent Energy has introduced innovative approaches to serve their hospitality clients. As energy prices have fluctuated, they have helped hotels stay ahead of changes in the market. By being proactive about when hotels come to market and conducting transparent online auctions, Transparent Energy secures advantageous energy contracts that meet their clients’ operational and risk-management needs. They also assist hotels in purchasing renewable energy, aligning with their sustainability and ESG goals.
Wyman highlights the American Hotel and Lodging Association (AHLA) as a valuable industry association that Transparent Energy collaborates with. By working together, they can bring the benefits of professional energy procurement to AHLA members and promote the success of the lodging industry.
Looking ahead, Transparent Energy foresees the hotel industry continuing to embrace sustainable practices and leading in leveraging energy procurement for purchasing green energy to achieve their ESG goals efficiently.
Wyman appreciates the similarities between the energy and hotel industries. Both industries prioritize treating people well, delivering on promises, and building long-term customer relationships. The hotel industry’s focus on people and innovation aligns with Transparent Energy’s values.