Nucon Energy offers customers the ability to purchase the lowest electricity and gas rates through a Reverse Energy Auction. A Reverse Energy Auction is a cutting edge energy platform that empowers customers to obtain the most favorable energy prices compared to a standard or closed bid. Unlike a traditional bid or a direct to supplier energy procurement strategy, a Reverse Energy Auction starts with the supplier’s standard bid and procurement rates and lowers them in a real time bidding process. A Reverse Energy Auction generates a bidding war between suppliers that drives their rate offers downward in a transparent process.