11/21/2008







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EnergyWindow MarketElert TM - October 2003
www.energywindow.com
Welcome to the first edition of EnergyWindow's MarketElert!, EnergyWindow's e-newsletter dedicated to providing current, concise and practical information about energy markets - the opportunities they present, the changes they are undergoing, and the trends you can capitalize on. We will try to present complex ideas in simple terms without compromising the quality or value of the information imparted.
We hope you enjoy this edition and those to come. However, if at any time you wish to unsubscribe, you may do so by clicking on the unsubscribe link below. In the meantime, enjoy!
Windows of Opportunity
It is common today to hear people bemoan the disappearance or worse, the abject failure, of electric deregulation. Events such as the trouble in California, the Enron collapse and the blackout of 2003 have contributed to the idea that competitive electric markets cannot work.
But there is evidence to the contrary. Several markets are active today, and a recent EnergyWindow poll of retail electric suppliers reveals that many are now gearing up to serve these and potential new markets. Among the areas where activity is currently vigorous and savings are available to those who seek alternatives are:
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Texas - There are currently more than a dozen quality Retail Electric Providers offering savings off the current Price to Beat, often 20% or better.
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Michigan - Savings of 20-25% have not been uncommon in DTE in 2003, but the Detroit utility is looking for hefty increases. Despite this, savings should still be available in 2004.
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Illinois - In ComEd, customers that have chosen fixed CTC charges and picked an alternate supplier in May and June are realizing savings. Savings are still possible for "Period B" (through next May) when single- or multiple-year fixed CTCs will be available.
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Massachusetts - Higher wholesale costs have driven Massachusetts Default Service (available to customers having left utility service and returned to tariff or new accounts since March 1, 1998) to more than 6 cents. Standard Service (available to those customers that have remained on tariff since 1998) has also risen, especially in Mass Electric and NSTAR.
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New Jersey - New Jersey's largest 1600 customers are now being charged PJM's hourly prices plus a one-half cent adder. Other NJ accounts are being charged a fixed price that differs by season determined by an annual auction of the entire state's electric load. Currently, the fixed price shopping credits are roughly 6-6.5 cents for retail loads, making savings of 9-10% off generation common in PSEG, somewhat less in JCP&L and Conectiv. This will change next June after the auction in February.
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Maine - Some headroom exists relative to Standard Offers in CMP, Bangor Hydro and Maine Public Service, and several suppliers are offering savings there.
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Maryland - BG&E Rate P customers are now being charged PJM's hourly prices plus a 7 mill adder. They will have the option to return to a fixed price next July. New standard service offers across Maryland beginning in July 2004 will incorporate 5.5-6.5 mill adders and market-based prices.
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Pennsylvania - There is some activity in Duquesne territory, generally for GS/GM rate class accounts with low load factors. Statewide activity could pick up in late fall or spring if PJM pricing cooperates.
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Ohio - Though widespread savings are currently unavailable, Cinergy customers that are among the first twenty percent to have left utility service are able to continue to save as long as they remain off tariff rates.
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California - Where it all started - and almost ended - still offers savings for customers that were served by alternate suppliers as of September 20, 2001.
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New York - Activity is still most brisk in Con-Ed, where savings are based on indexed prices, a one-mill retail adder and a tax break on regulated charges. Suppliers are offering savings in other NY territories as well.
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EnergyWindow can help you capitalize on these active markets. To learn more, check out our website www.energywindow.com, email us at customer.support@energywindow.com, or call us at 877-444-0086.
Copyright © 2003 EnergyWindow, Inc. All Rights Reserved.
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