In response to “How ComEd’s rate design benefits suburbs over the city”
Written by Michael Vrtis, President of Realgy Energy Services in response to Crain’s article “How ComEd’s rate design benefits suburbs over the city”
ComEd is one member of a larger group of utilities called PJM. Each utility that makes up the power pool of PJM sets how its own method of collecting the costs of running the power plants and transmission lines. This makes the PJM pool a low-cost producer with great reliability.
PJM has notified its members (who voted for it years ago) about his change.
ComEd can allocate capacity costs in any manner it wishes; however, ComEd chooses not to change its collection approach which has stayed the same for more than 20 years.
ComEd doesn’t need smart meters to make this change, it needs smarter policy.
Allocating capacity based on aggregate demand of the load center serving a municipality is possible as well as more equitable than the broad and out-dated policy of ComEd.
Realgy already operates under PJM capacity allocation rules and we will continue to be the residential and business choice where energy is all about price, information, and service.
Check out Crain’s article: “How ComEd’s rate design benefits suburbs over the city”
Electric Paint
A group of students from the Royal College of Art in London have created an electrically conductive paint. This electrical paint called “Bare Paint” makes it possible to apply liquid wiring to paper, plastic, metal, fabric and even skin.
The electrical paint was even used in a video “Humanthesizer” by DJ and producer Calvin Harris featuring his song “Ready for the Weekend”. Dancers who had been painted with the electrical paint triggered audio loops from the song by dancing.
Read the whole story “Liquid lights and musical posters: Welcome to the world of electric paint”
In response to “ComEd rates are set to surge”
Written by Michael Vrtis, President of Realgy Energy Services in response to the Crain’s article “ComEd rates are set to surge”
The headline is clear, the timing is a year away…so what to do?
Short-term power planning normally means a 10 year span because power infrastructure (such as pipelines, power plants, distribution lines, etc) have useful lives of 25 years.
So, while the talk about a year-to-year rate hike is not unique, it is certainly unnecessary.
This is the result of Illinois legislators giving ComEd approval for expenditures (which result in rate or cost increases) that the regulators (think of them as the technical advisors) can’t review, modify, or reject. The result is political involvement and rate shock.
Perhaps the 23% rate increase will provide benefit; that is usually how the regulators hold the utility accountable. However, when the politicians approved this increase, guess who will, in turn, hold the utility accountable? That’s right, not a soul.
What to do? Sign up with Realgy Energy Services. Realgy has delivered costs below ComEd for over 5 years. We will continue to provide a fixed price that will reduce this unnecessary rate shock.
Check out Realgy Energy Services ComEd rates for May 2013 and see how much you could be saving www.realgyenergyservices.com Or Call one of our Energy Brokers today 877-300-6747.
Read the whole Crain’s article: “ComEd rates are set to surge”
In response to “Quinn vetoes ComEd rate hike bill”
Written by Michael Vrtis, President of Realgy Energy Services in response to the Crain’s article “Quinn vetoes ComEd rate hike bill”
Governor Quinn is sending a political message that should not pass through more thoughtful consideration of legislators. ComEd has already received approval from the legislators to bypass the ICC in their review and approval of their rates. ComEd has politicized the rate setting process instead of relying on the experienced technical and financial input of regulators.
While they may be successful in the short term, eventually the regulators will have to review their rates and then the balance will likely be restored. Allowing politicians to approve utility plans is not good policy and is even worse for rate payers.
Check out the Crain’s article: “Quinn vetoes ComEd rate hike bill”
The City of Northville has accepted a bid from Realgy Energy Services to supply natural gas
PRESS RELEASE 17 MAY 2013 | By: Realgy, LLC
Realgy Energy Services has won a bid to supply the City of Northville with natural gas through the Michigan utility Consumers Energy.
On Monday May 6th the City Council of Northville approved a bid placed by Realgy Energy Services to supply natural gas to the city. Realgy Energy Services out bid two other competing companies for the right to supply the city with natural gas.
The City of Northville started exploring the possibility of finding a lower cost alternative gas supplier in April. The City Council sent a request for proposals to seven alternative gas suppliers, all licensed with the Michigan Public Service Commission and also certified to operate in the Consumers Energy territory.
Out of the seven alternative gas suppliers, the top three were Options Utility Consulting, Xoom Energy, and Realgy Energy Services. By contracting with Realgy Energy Services, the City of Northville will save approximately 19% or $7,592.70 per year, based on their usage from last year and an average cost of $4.03/MCF. Realgy Energy Services will provide natural gas to the City of Northville, city employees and city employee family members for the term of the contract.
Realgy Energy Services is comprised of a group of people who worked for many years with large utilities, energy service companies, and energy marketers. Within these organizations, they saw the limitations of the systems and software and decided they could provide a more efficient service. First formed in 1999, Realgy Energy Services today is a retail energy marketer and wholesale energy provider in three deregulated states, Michigan, Indiana, and Illinois with plans to expand. Realgy has had a perfect record (certified A+) with the Better Business Bureau; http://ct.bbb.org since 2003 and has been recognized as an Inc 500 | 5000 company in 2011 and 2012. http://www.inc.com/inc5000/profile/realgy
Contacts:
Realgy, LLC
Michael Vrtis
675 Oakwood Avenue
West Hartford, CT
860-233-2270
www.realgyenergyservices.com
ServiceMatch™
For all our natural gas and electric customers not currently on a fixed price, Realgy offers ServiceMatchTM as follows:
ServiceMatchTMBuyer has the right to present all written offers to RES that provide pricing and terms for service under the Program. RES will match the proposed terms and pricing from all qualified electric or natural gas service providers. If RES cannot offer better terms or pricing or match the same terms and pricing, RES will transfer Buyer to the new electric or natural gas supplier upon Buyer’s written request at the end of the Term. ServiceMatchTM is not valid when Buyer has a Fixed Price.
Please be aware that ServiceMatchTM is not a new service.
Realgy offers this and other services including but not limited to PriceWatchTM and natural gas storage, to all our eligible customers.
If you have any questions regarding ServiceMatchTM, fixed prices, or the end of your current Term, contact a Realgy Energy Services customer service representative at 860-300-6747.