Electric Rates 101: Understand Your Rates, Control Your Bill

Slides:

Advertisements

Similar presentations

Achieving Price-Responsive Demand in New England Henry Yoshimura Director, Demand Resource Strategy ISO New England National Town Meeting on Demand Response.

Advertisements

Public Private Partnership Investment and Construction Armando R. Araujo Cairo 2003.

Overview of National Cooperative Contracting Rutgers University Public Purchasing Educational Forum and NIGP Region II Annual Conference April 30, 2014.

Energy supply procurement services to improve the transaction process and help you get the most competitive prices Florida Public Service Commission July.

Procurement – What can possibly go wrong Barbara Grange, Procurement Manager Peterborough Regional College Noel Cassidy, Procurement Officer Cambridge.

Electricity Price Breakdown Fix at premium or Pass Through.

Exchange A1: The support required to make Energy Performance Contracting a viable energy and carbon solution (TEC) Steve Creighton, Senior Relationship.

Monetizing Energy Saving Opportunities CBC Energy Group LLC 2011 Commercial and Industrial Energy Solutions.

1. 2 Agenda  Background and Concept  Sharing the benefits  Current Members  Contract Set Up  Contract Structure & Benefits  What the members are.

1 Managing Revenues in Regulated Industries Rate Design May 2008 Richard Soderman Director-Legislative Policy and Strategy.

Community Electricity Aggregation Public Information Session May 21, 2015 Martha Grover, Energy Efficiency Manager Office of Planning and Community Development.

Welcome To The Online Demo PRIORITY ENERGY CONSULTING.

Copyright © 2013 EMEX, LLC. All Rights Reserved. CONFIDENTIAL and PROPRIETARY to EMEX, LLC. Understanding Your Options.

Online Energy Procurements: Creating Efficiencies & Reducing Costs November 10, 2010.

1 EU Public Procurement Lab Meeting - London (c) Kathrin Hornbanger, MBL-HSG Federal Procurement Agency in Austria - Chances and risks of central public.

Saving With Solar: LESSONS FROM THE MORRIS HYBRID Power Purchase Agreements MODEL April 18, 2013 ASES ANNUAL CONFERENCE BALTIMORE, MARYLAND.

The new EU legal framework for e-procurement: Expectations and Prospects Conference ‘E-procurement and Public Spending: Status, Opportunities and Prospects’

8760 Group - Expense Optimization Cellular – Energy – Merchant – Consulting.

Utility Deregulation 10 Lessons Learned (the Hard Way) George R Owens PE CEM, President Energy and Engineering Solutions, Inc

Stockton BC Corporate and Social Inclusion Select Committee Ian Taylor NEPO Director.

NOTICE: The information contained in this document is confidential, is intended only for the use of the recipient(s) that were initially given access,

American Foundry Society – Small Foundry Conference December 3-4, 2008 – Schaumburg, IL Highlight on AFS Energy Management Brian Reinke, President TDI.

Energy Price Hedging Using Non-Fossil Fuel Generation Tuesday – June 7, 2005 Russ Sylva General Manager.

Retail Competition: Managing a Difficult Transition David L. O’Connor Commissioner Massachusetts Division of Energy Resources (DOER) Presentation to National.

Title of presentation and date1 Energy Essentials for Cost Reduction NIPA 4 th October 2012.

Dr. Ion LUNGU AFEER President. DRIVERS FOR INVESTMENTS Demand; Fuel availability; Market signals; Production costs; Energy mix; Environmental concerns;

Article 42 Town Wide Electric Aggregation. BE IT THEREFORE RESOLVED that the Town of Sudbury hereby: Publicly declares its intent to become an aggregator.

Leveraging the Skills of Load Research to Add to the Bottom Line AEIC Load Research Conference Myrtle Beach, SC July 10-13, 2005.

Utility Procurement Utility Procurement 2004 Presenter: Albert A. Stephens, CPM Director of Supply Chain Management Los Angeles Department of Water.

PURCHASING BASIC QUESTIONS TO ASK YOURSELF:  WHAT IS THE ESTIMATED COST OF THE SUPPLY OR SERVICE?  IS MY DEPARTMENT AUTHORIZED TO BUY THIS? (IE. IT RELATED.

Demand Response: Keeping the Power Flowing in Southwest Connecticut Presented by: Henry Yoshimura Manager, Demand Response ISO New England September 30,

Municipal Electric Aggregation Electric Aggregation Advisory Committee August 22, 2012.

Lessons from Winter 2014 Preparing For Winter 2015 Amanda Noonan Director, Consumer Affairs NH Public Utilities Commission.

Renewable & CHP Generators : A suppliers perspective Presentation by Steve Armitage Tel

CT Electricity Retail Market Commercial – Industrial Update 12/14/2010.

1 May 10, 2011 Procurement and Financing Options for Facility Improvements Siemens Industry, Inc. Building Technologies.

Lessons Learned from Existing RTOs John Moore January WCEA Meeting January 7 th, 2016.

Cost Reduction For Businesses Kim Harris Managing Director.

BIDDER’S CONFERENCE: Eskom Grid Connection Process and related matters Date: 16 August 2012.

Village of La Grange Municipal Aggregation Hearing January 28, 2013 and February 11, 2013 What is Electricity Aggregation?

1 The End Of Price Freeze Service (PFS) For Schedule P Customers Presentation To The Maryland Public Service Commission by Wayne Harbaugh March 4, 2002.

SCE Green Rate and Community Renewables Programs 2016.

POSITIVE ENERGY TOGETHER ® Pay As You Go - Draft Executive Product Development Meeting 3/29/2013.

CARILEC. An Association of Electric Utilities CARILEC An Association of Electric Utilities The Caribbean Electric Utility Service Corporation (CARILEC)

Community Solar Dan McIlroy Clean Energy Collective.

AAMDC - Expense Optimization

Aggregation In Massachusetts:

Avalon Energy Consultants

Ch 11 - Procurement Management Learning Objectives

Purchasing supplies at CERN

Electricity Procurement Options

Kelly Zering Dept. of Agricultural and Resource Economics

Electric Rates 101: Understand Your Rates, Control Your Bill

Canada Business Products

ESMEC-ET Electric Supply Portfolio Report

Burlington County Energy Aggregation Program

100% Renewable Cities in Texas

Customer Dedicated Solar

Preserving Competition and Promoting Clean Energy (for All)

Community Solar Clearinghouse Solution Program (CS2)

Forging Sustainable Solar (and Storage) Incentives for New England

Future Energy Jobs Act: Public Sector Impacts

Suppliers Are Not Providing Value to Individual, Residential Customers

Canada Business Products

Community Solar Clearinghouse Solution: Initial Assessment Review

bihar electricity regulatory commission

Clean Energy Options for GRC Communities

Arizona Public Service Company 2012 Renewable Energy Standard Implementation Plan Arizona Corporation Commission Open Meeting August 17, 2011.

Wind Development & Policy Options

How Small Developers and EPC Contractors Can Add PPA Financing to their Arsenals John Langhus, VP Business Development Midwest Solar Expo 2019 New Energy.

Presentation transcript:

Electric Rates 101: Understand Your Rates, Control Your Bill 2016 New Hampshire Local Energy Solutions Conference Jim Bride, Energy Tariff Experts Nick Hill, Hill Energy Services LLC

Agenda Understanding your electric bill will give you tools to control your energy costs and usage. Energy Procurement Strategies and Stories Pricing and Policy: The Cloudy Crystal Ball Next steps - building on this information

Buying Electricity??? Yes, electricity is a product Electricity can be confusing to purchase (think about buying insurance) The State has some good resources - http://www.puc.state.nh.us/Consumer/Choosing%20an%20Energy%20Supplier.html

New Hampshire Default Supply Rates Rates change – usually every 6 months for residential & small commercial, monthly for the larger one Notice the volatility, PSNH is higher but steadier

Pricing: Capacity & Congestion The electric grid has congestion issues Everyone has a cost allocated to them Related to Demand

Pricing Options Factors Include: Risk tolerance Budget certainty Market conditions/outlook Flexible Operations Renewable energy You can get anything you want ….

Suppliers, Brokers and Aggregators …. Everyone is licensed, but it’s scary out there The state lists over 30 suppliers and over 100 aggregators/brokers … Suppliers own the power that you’re buying Aggregators & brokers are agents Everyone gets paid in the end

Legal Stuff …… You’re signing a contract How long can you sign a contract for? Municipalities and non-appropriation clauses Contract length and risk management What’s included in the price? Contingencies – what happens if …. You use less power? Terminate the contract Late payments?

Case Study: NRPC Aggregation The Nashua Regional Planning Commission (NRPC) provides a wide variety of planning and environmental services to its member communities Competitive electricity aggregation began in 2012 17 entities (towns & schools) have participated Over $1.5 million saved Transparent process, costs are shared

NRPC Aggregation: Process & Lessons Coordination Documentation Analysis Issuing the RFP Getting and reviewing bids Execution

The Crystal Ball: Price trends

Building on this Information Knowledge is Power Control your rates Reduce your usage Manage your loads (demand) Renewables

Questions and Discussion Nicholas Hill, CEM, LEED-AP BD+C Hill Energy Services LLC nhill@hill-energy.com www.hill-energy.com Tel: 617.429.3862