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Posts Tagged ‘energy bill’

New COMPETE Report Shows Electric Choice Surge & Sustainability in its Growth

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Electric choice has grown significantly the past few years, according to a new report released by the COMPETE Coalition entitled Retail Electric Choice: Proven, Growing, Sustainable. While electric consumption was no greater in 2011 than it was in 2008, there has been substantial growth in the number of customers that have chosen a new competitive electric provider as well as definitive signs showing that growth in electric choice is feasible.

The report released last week noted several key areas of growth in electric choice since 2008:

– Growth of more than 53 percent of customers…
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Legislation Introduced to Expand Electric Competition in Michigan

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Today Rep. Mike Shirkey (R-District 65) introduced new legislation in Michigan that would amend a portion of the 2008 Energy Bill (PA 286) and address the significant demand for customer choice and electric competition for more than 7,000 Michigan businesses waiting for the opportunity. The legislation proposes a measured, phased approach to expanding electric competition in Michigan and provides welcome relief to consumers who pay dramatically higher energy bills.

If enacted, the proposed legislation will gradually restore much needed competition to the state’s energy marketplace, give consumers equal opportunity to pay less for their energy, and put an end…
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Should We Be “Thinking Big” About Energy Efficiency?

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The most inexpensive and unobtrusive means of incorporating environmental efforts into an energy management strategy is energy efficiency – reducing the quantity of energy required to deliver the same unit of value. A unit of value might be one degree of temperature reduction in a warm building, one ton of concrete or one mile driven in a mid-sized sedan.

Relatively simple –  and very often high return – energy efficiency and energy management efforts can go a long way toward lowering consumption and reducing energy costs, while achieving sustainability goals and, in some cases, achieving…
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Lessons from Texas: Preparing For & Mitigating Risk in Extreme Market Events

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On Wednesday, Feb. 2, ERCOT customers experienced generator outages, rolling blackouts and real-time prices at or near the generator offer cap of $3,000/mWh for several hours. As a result, customers on pure index products linked to real-time market prices are likely to see large bill increases for the month of February. For customers on index products that were not subjected to outages, bills could possibly be two or more times previous bills.

If a customer cannot withstand potentially significant market fluctuations, they should consider several ways to mitigate the effect of such events. For instance, a customer might consider…
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