Chamber Energy Co-op Helping Members Reduce Cost as Market Rates Increase
Columbia, MD
06/06/2016 01:20 PM

Coal: Coal consumption in the U.S. electric power sector declined 31% from 2008 to 2015. The trend away from coal-fired generation will only increase as the coal plants continue to age and the Clean Power Plan (CPP) is implemented. The CPP aims to reduce emissions by 32% from 2005 to 2030 (https://www.epa.gov/cleanpowerplan).

 

Natural Gas: Natural Gas consumption in the U. S. continues to increase as a result of the coal plant retirements, and the EPA requirements for cleaner burning electricity sources. Cost increases are impacting contract offers past 2019.

 

Electricity Capacity & Transmission Fees: The fees being charged by the utility grid managers for capacity services have increased significantly in the past 12 months. Historically the energy commodity accounted for 70% of your overall electricity supply price. Today the energy commodity is only accounts for 55% of your overall electricity supply price. The capacity and transmission components are demand based costs that continue to increase the total cost of supply. These components can be managed through various energy savings projects and employee energy awareness programs.

The chamber provides a program to assist commercial and residential customers with the purchase of electricity and natural gas supply services.  Joining one of our energy cooperatives (Co-op) is an easy way to manage rising energy cost.

There are many benefits of joining the Chamber's Co-op:

  • Customers receive an all-in-fixed rate for supply services on electric and natural gas bills which will not change during the contract term.
  • The Co-op offers Chamber members the group buying power of the Co-op, which results in lower rates.
  • The Co-op consultant, CQI Associates, licensed by the State of Maryland, professionally manages the Co-op program and has 21 years of industry experience in Maryland.
  • The Co-op offers options to obtain up to 100% clean, renewable, wind powered electricity service. 
  • Pricing for 12, 24, and 36 month contracts will provide long-term budget stability to help manage energy costs well through to 2020.  

Learn how your business and home can benefit from joining the Commercial Energy Purchasing Cooperative by calling Joe Tabeling of CQI Associates at 443-472-3870 or emailing him at joe@cqiassociates.com.

Reference
Joe Tabeling
443-472-3870
 
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