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Energy and Black Communities

Learn about the value of energy for black communities, the infrastructure of gasoline, natural gas, electricity, and petrochemicals, cost factors influencing supply and demand, and the state of natural gas rates in Georgia. Discover how the GasKey Co-op offers exclusive benefits and supports selected nonprofits.

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Energy and Black Communities

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  1. Energyand Black Communities Sonja EbronblackEnergy

  2. Value of Energy • Heated and cooled spaces • Hot water, cooked food • Transportation • Paint, furniture, paper, consumables • Food, clothing, potable water, prescriptions • Sewage, trash disposal, services • The Economy & Jobs

  3. Household Energy • Gasoline • Natural gas • Electricity • Other • Heating oil, kerosene, propane • Diesel fuels • Other petrochemicals

  4. Gasoline Infrastructure • Oil extraction or import • Refining • Transportation by truck

  5. Natural Gas Infrastructure • Gas extraction or LNG import • Gas sweetening and storage • Transportation by pipeline

  6. Electric Infrastructure • Production from oil, natural gas, coal, nuclear, etc. • Transportation by transmission line • Voltage regulation with transformers

  7. Petrochemical Infrastructure • Similar to gasoline production • Pesticides, herbicides, fertilizers • Plastics, asphalt, synthetic fibers

  8. Cost Factors: SupplyT • Declining global resources • Extraction technologies • Refinery and distribution capacity • Weather • Geopolitics • Regulatory structure

  9. Cost Factors: DemandU • Globalization • Domestic population • Domestic economics • Conservation • Efficiency of use • Electric/alternative vehicles • Renewable energy

  10. IndustrialConsumers AtlantaGas Light Producers Brokers CommodityExchanges CommercialConsumers Pipelines Aggregators Marketers ResidentialConsumers Natural Gas Choice

  11. Natural Gas Rates in Georgia Doubled In 4 Years Source: Georgia Public Service Commission

  12. Price Forecasts • Heating with natural gas • Used by more than half of households • Marketer rates depend on hedging • Overall costs depend on weather • Winter: mid-November  mid-March • Average $807 this winter vs. $1038 last, down 22% • Rate options • Fixed vs. variable • Budget billing • Senior discounts • Low-income or credit-challenged

  13. Natural Gas Trends • Rates • Credit • Aggregation

  14. Energy Competition in Georgia • 1.8 million residential natural gas accounts • $1000/year (average household) • $1200/year (African American household) • Choice of 12 marketers • Switch rate < 2% of eligible accounts  No competition, just higher rates!

  15. blackEnergy’s Georgia Co-op • Supplied by GasKey • Exclusive co-op offer: • Lower rates • Dedicated service • “Credit privacy” option • Online enrollment at blackenergy.com • 1-3% donated to selected nonprofits

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