There are different types of supply pricing options for electric customers, and many times each of the various suppliers have their own unique pricing systems. However, there are common factors in every electric price. In order to fully comprehend electric pricing, whether it be from a utility or an alternate supplier, you need to understand […]
Almost immediately after releasing last week’s blog regarding slamming, we were made aware of a recent scam affecting customers that are served by Rochester Gas and Electric Corp. (RG&E) and New York State Electric & Gas Corp. (NYSEG). Customers are being warned about scammers claiming they represent the utility and who say they are calling […]
In the energy industry, slamming is a term used when an individual gathers enough information about a customer to enroll them with a supplier without consent and most times, little or no knowledge by the customer of this happening. Many times customers don’t find out they’ve been slammed until they get a bill from a […]
FirstEnergy Solutions (FES), a subsidiary of FirstEnergy Corp., announced Tuesday that it will be exiting the electric retail market for mass market and mid-sized commercial and industrial customers. FES will serve their existing customers through their contract terms but will eliminate any selling or renewal efforts to mid-C&I and mass markets.  “[W]e intend to exit […]
Among other places, you may notice the mention of the natural gas injection or inventory “storage reports” if you receive our emails, or read the Energy News Flashes or Power New Energy Updates. Each Thursday (except for weeks that include Federal holidays) around 10:30 a.m. the Weekly Natural Gas Storage Report is posted on the U.S Energy Information […]
What is the Block Bidding Program? The Block Bidding Program is a sealed-bid auction that was established by NYSEG and RG&E utilities to help New York State reach their goal of reducing energy by 15% by 2015.  NYSEG and RG&E purchase “blocks” of electricity savings – reduced electric usage – from commercial, industrial and municipal […]
What Is ReCharge New York (“RNY”)? Statewide economic development power program for qualified businesses and not-for-profit corporations. The program is designed to retain and create jobs through allocations of low-cost power. This replaces the Power For Jobs Program. Who Is Eligible? Many businesses and non-profit organizations are eligible however, there are certain entities that do not qualify. […]
As you may be well aware, solar has become a very hot topic. It may be surprising to learn however that only about 15-20% of electric customers are actually able to access solar energy on their own. Various factors such as physical characteristics of a home or business, consumers who lack ownership of the property, […]
Improved technologies, tax credits, Renewable Portfolio Standards (RPS), and Renewable Energy Certificates/Credits (RECs) have all helped to increase and encourage the use of renewable energy sources over the years. In 2013, according to the EIA, 13% of electricity produced in the United States was generated by renewable energy sources. Hydropower, wind, solar, geothermal, and biomass are […]
The vocabulary used to reference individuals who provide services in the energy industry many times can be confused with one another. Â The terms energy broker, energy consultant and energy management company many times are used interchangeably and can sometimes be misinterpreted as the entity that supplies the energy. However, typically this company is responsible for […]
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