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CCSC Energy Aggregation Pools for Chamber Members.

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Presentation on theme: "CCSC Energy Aggregation Pools for Chamber Members."— Presentation transcript:

1 CCSC Energy Aggregation Pools for Chamber Members

2 Recent US Chamber of Commerce Survey u Which of the following do you think is the most important issue facing our country today? Increased access to reliable and affordable energy: 28% Making health care more affordable: 20% Keeping taxes down: 19% Holding Big Labor accountable in the workplace: 16% Limiting the number of frivolous lawsuits: 16%

3 Energy Deregulation 101 I. GENERATION (deregulated) II. TRANSMISSION III. DISTRIBUTION

4 Energy Deregulation in PA u Duquesne Light – Jan 1, 2009 DL will adjust the POLR rate according to rider 20 (based on increases in the energy markets). Expected increase to be in the 15% to 30% range. (Existing OnDemand pool with over 700 small and medium commercial accounts) u PA Power – rate cap expired Jan 1, 2007 (increases in the 40% range). (Existing OnDemand pool for small and medium commercial started spring 2008) u PPL – rate cap expires Jan 1, 2010. Utility is layering in purchases over 6 procurements, 50% of the power has been purchased. (increases based on the first 3 purchases average 35%). (OnDemand planning two pools to be completed Q4 2008) u PECO, Penelec, Met Ed, Allegheny Power – rate caps will expire Jan 1, 2011. Increases TBD. (OnDemand pool in the planning stages for mid-2009)

5 Aggregation Pools in PA u OnDemand Energy Duquesne Light Pool 1 u 200 Businesses expected to save over $2 million annually in 2009 and beyond! u OnDemand Energy Penn Power Pool 1 u Businesses, small manufacturers, schools, townships combined to save an expected 1 to 2 cents/kwh in 2009 and beyond! u AIU School Pool u Allegheny County Schools combined to save millions of dollars annually by procuring electricity as a combined group u CCSC Energy Pools u NOW AVAILABLE through your local Chamber!!!

6 Chamber of Commerce Members u Can choose at application time to join a Pool based on the layered hedge approach OR choose to join a fixed price pool option u In either scenario the members will have great gain by joining together u Members who choose to enter into the fixed price pool will need to be ready to sign a fixed offer from the winning supplier on the Bid Day. u Members who choose to enter into the variable hedged pool will have one week to sign and return their contract. u Proven way of buying electricity as an aggregated group!!

7 How to get the Message to Members u Seminar Series in November (Times and Locations TBD) u Webinar Events for those who cannot attend u Email blasts (help from CCSC for this) u Applications and materials available at the local chamber of Commerce buildings u Telemarketing available to make phone calls to membership lists u Each Chamber can pick and choose how they would like their members contacted – any, all or none of the above

8 What Members will need to do I. Need to fill out an application II. Need two recent copies of bills for each account they wish to enroll III. Need to fill out a credit application IV. Be available on bid day to sign the contract (for those that elect the fixed price pool option).


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