1 / 8

CT Electricity Retail Market

CT Electricity Retail Market. Commercial – Industrial Update 12/14/2010. CBIA Energy Connections. Established in 1999 – initially for natural gas Provide market advice and procurement services for member companies Licensed Electricity Aggregator since 2000

agalia
Download Presentation

CT Electricity Retail Market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. CT Electricity Retail Market Commercial – Industrial Update 12/14/2010

  2. CBIA Energy Connections • Established in 1999 – initially for natural gas • Provide market advice and procurement services for member companies • Licensed Electricity Aggregator since 2000 • Aggregation approach for small/med. users • Unique auction process for large users • Currently serve over 700 member companies comprising over 200 megawatts of load

  3. Vibrant Market • 30 Licensed Suppliers • 47 Registered Aggregators/Brokers • CL&P and UI • 87% of Large Business and 79% of Small Business volumes being served by Electric Suppliers • Best prices in five years

  4. 2 Year NG Calendar Strip

  5. Product Options • Monthly variable • Fixed all-inclusive commodity price • Fixed commodity – variable ancillaries • Block purchasing – usually fixed ancillaries • Long term • Short term

  6. Supplier Contract Variations • Pricing terms • Fully fixed • Partially fixed • Totally variable • Variable using on-peak prices • Variable to fixed • Swing factors - Bandwidths • Payment terms • Potential liquidation costs

  7. Broker Agreements • Be careful what you sign!!! • Most agreements provide exclusivity • Suppliers will only bid through one broker • Potential financial consequences if cancelled • Long terms with long notification periods • Authority to execute without your review

  8. Summary • Market prices have never been better • Price isn’t the only consideration. • Many variables in offerings • What you don’t know can hurt you • Work only with organizations you trust

More Related