From the PriceWatch™ Service Desk
It happens every year when the temperatures start to drop; more people start to turn on their furnaces and gas prices rise due to the increased use. Realgy has a solution to the price increases: PriceWatchTM
PriceWatch™ is a Realgy exclusive service that monitors the natural gas market to pin-point the most advantageous time for our natural gas customers to lock in a rate for the winter heating months.
This year the PriceWatchTM analysts here at Realgy have determined that customers will show a significant savings by locking in a natural gas rate for the winter months, November to March. Realgy has already started sending out emails and calling customers to let them know that it’s time to fix their gas rates using PriceWatchTM.
Already we have had many customers lock in their rates; this, along with Natural Gas storage, will ensure that the winter bills will not be as high as they normally would have been if a customer merely relied on with their local utility company.
If you have any further questions please feel free to contact a Realgy Energy Services Customer Service Representative by phone (877)-300-6747, by email support@realgy.com, by fax (860)-23 -3884, or by mail 675 Oakwood Avenue, West Hartford, CT 06110.
In Response to Chicago can’t beat ComEd price. So raise it?
Written by Michael Vrtis President of Realgy Energy Services in response to Chicago can’t beat ComEd price. So raise it?
Realgy DOES NOT support changing how the Illinois Power Agency buys power, so that our prices can be more competitive.
We already are:
- Realgy has been below ComEd monthly pricing since January 2012, Twenty-one straight months in a row!
- Our average commercial customer has saved $3,741.41
- Our average residential customer has saved $90.02
We compete in serving our customers, not just with lower priced energy but smarter buying strategies.
This price question is a result of municipal aggregation, where cities like Chicago want to be able to raise money by adding a surcharge onto the electric rate customers pay, and still show savings compared to the utility!
Municipalities select an energy marketer as their preferred vendor and require they add a surcharge to their cost which they pay to the city. The surcharge provides no value to the customer or the energy marketer.
Perhaps instead of looking to raise everyone’s price of power they should just get out of the aggregation business or look to actually add value for their surcharge.
Check out Crain’s article: “Chicago can’t beat ComEd price. So raise it?”
No buyer’s remorse with Realgy Energy Services, We are and remain below ComEd’s pricing
According to the Illinois Commerce Commission, ComEd’s energy price is projected to drop to around 5.55 cents per kilowatt-hour, from the current 8.3 cents per kilowatt-hour, that is a 2.75 cent decrease. The ComEd energy price includes the costs of transmitting electricity from power plants over high-voltage lines to the local distribution system.
Contracts municipal politicians and officials in 15 towns negotiated with power suppliers more than a year ago, to lower residents’ electricity bills, will soon exceed the costs ComEd customers pay starting in June.
The price being paid by most residents in Oak Park, which has an energy-supply contract with Integrys Energy Services Inc. until December 2013, is 5.79 cents per kilowatt-hour, 4 percent higher than the projected ComEd charge.
However this is not the case with Realgy Energy Services, they have been and remain below ComEd’s Pricing.
In northern Illinois, all customers pay ComEd to deliver their electricity but are free to choose a supplier to provide the electricity itself. The cost of electricity typically accounts for about two-thirds of an electric bill while delivery charges make up the rest.
Read the whole story Some suburban electricity deals to be costlier than ComEd
Business Energy Saving Tips
Check out this great infographic from The Hub, which highlights easy ways for businesses to reduce energy bills. Print it out and share with everyone in the office; the more people aware of the energy savings possibilities, the more effective it will be.
Simple changes can significantly reduce business electricity costs.
If you are looking for an even larger reduction in your commercial electricity costs, consider enrolling with Realgy Energy Services as your electricity provider. Our customers have realized cost reductions up to 9.6% as compared to the local utility. Find us online www.realgyenergyservices.com or call 877-300-6747 to speak with an account representative today.
Source:
Utility Exchange Online, Business Energy Saving Tips – An infographic
Storage Season is here!
The natural gas you have stored starting April 1st running through October 31st will begin to be added into your monthly natural gas usage from November 1st through March 31st.
You have probably noticed your summer bills were a little higher than normal, this is because Realgy Energy Services has been storing 20% of your natural gas annual usage at the lower summer rates, to be used during the winter months when the demand and more importantly the pricing for natural gas historically increase.
You may be asking do I have natural gas in storage, and if so how much?
If you are a customer of Realgy Energy Services and you live in Indiana or Illinois and are services by one of the following Utilities: Nicor, Nipsco, North Shore and Peoples Gas.
You most likely have natural gas in storage.
To find out how much natural gas you have in storage you can either:
Log into your account and view your account summary
Call one of our customer services representatives at (877) 300 6747
Enjoy the saving that the Realgy Energy Services Storage Program provides and have a wonderful toasty warm winter!
Inefficient Commercial Lighting Fixes
Lighting accounts for roughly 40 percent of energy consumption in many commercial buildings. Switching to energy-efficient lights can reduce lighting costs by as much as 75% each year. That is money back in YOUR pocket.
Fluorescent tube lights are more energy efficient that the popular A-type standard incandescent lamps, and will reduce energy consumption up to 40%. Fluorescent lights create less direct glare than incandescent lights have a cooler and quieter operation. Just as important, modern fluorescent bulbs do not flicker during start-up, making them perfect for commercial buildings.
T8 and T5 fluorescent tube lights
When purchasing fluorescent lights, look for T8 high-efficiency one inch lamps, which have a low life-cycle cost and illumination that more closely resembles natural light. The T8 lights are smaller in diameter than the older T12 lights, which enable the gases and rare earth phosphors inside to function more efficiently.
LED lighting uses 75% less energy and will last 35 to 50 times longer than incandescent lights and 2 to 5 times longer than fluorescent lighting. They produce very little heat and will not break like traditional bulbs. LED lights that are Energy Star qualified even come with a minimum three year warranty, though in many instances they can last a decade or more. In terms of return on your investment, LED bulbs can represent huge savings despite their high up-front costs.
Don’t let the high prices of efficient bulbs scare you away though. You can reduce your upfront costs by switching out your old lights with one of these new types of energy efficient lighting as the old bulbs burn out. Eventually, you’ll have replaced every single bulb, and the savings will really start piling up.
Sources:
Consortium for Energy Efficiency, Commercial Lighting
Department of Energy, Energy Savers, Fluorescent Tube and Circline Lamps
Energy Star, Lighting, What Choose Energy Star Qualified LED Lighting?
More Americans are concerned with reducing Energy Costs than going on vacation this summer
According to a poll by the AP -NORC Center for Public Affairs Research which surveyed 1,008 Americans nationwide, most Americans are more concerned with savings money on Energy Costs, than taking a summer vacation or having the latest electronic. In fact saving money on energy costs came in second only to having reliable transportation.
The most common ways American are choosing to reduce energy costs include turning off lights, turning down the heat, installing energy-saving appliances and driving less. While Americans are generally aware of the most effective ways to save energy, they report that many of these actions would be extremely or very difficult for them and their families to implement in the next year.
However, there is another way to cut energy costs that is very easy and requires just a phone call. Third party suppliers such as Realgy Energy Services supply the same energy at lower rates than your local utility. Check out Realgy Energy Services rates for June 2012 at www.realgyenergyservices.com or call one of our Energy Brokers 877-300-6747 to learn more.
Learn more about the AP-NORC Center for Public Affairs Research poll on Energy Issues:
Associated Press – NORC Center for Public Affairs Research, Energy Issues: How the Public Understands and Acts
Star Tribune, How the AP-NORC Center Poll on Americans’ energy priorities was conducted
How to protect your natural gas and electric meter this winter
Outdoor natural gas and electric meters are designed to withstand winter weather conditions, but heavy or hard-packed snow and ice can present a safety hazard.
Accumulated snow can place unnecessary stress and strain on your gas meter piping which can increase the chance of a gas leak.
Blocked regulator vents, which allow your system to “breath”, can affect operation and interrupt service.
To avoid problems, follow some basic meter protection tips:
Meter Protection Tips:
Keep you meter clear of snow and ice.
Do not shovel snow up against your meter.
Take care in using a snow blower or plow near your meter.
NEVER kick or hit a meter to break away built-up snow or ice.
Remove icicles from overhangs.
Protect your meter from dripping water which could freeze.
If you find your meter or pressure regulator covered in frozen ice or snow, do not attempt to remove the ice or use de-icer, contact your Utility.
It is always a good idea to keep a clear path to your meter to avoid estimated meter readings. If you can’t get to your meter, the individual who reads your meter will not be able to either.
These helpful tips provided by Realgy Energy Services
Deregulation and how it can help you save money with Realgy Energy Services
Deregulation is the separation of purchasing energy, and the distribution of the energy. While your utility will continue to deliver your energy, deregulation offers the opportunity for third party suppliers such as Realgy Energy Services to supply you with the same energy at a lower rate.
Lawmakers are carefully protecting consumers, as the energy industry implements the restructuring of itself from a regulated monopoly to a competitive service. Strict requirements and rules have been imposed on all new energy suppliers.
At Realgy Energy Services, we take consumer protection very seriously and provide you with protection beyond what the law requires at every step of the way.
Realgy Energy Services, like other companies selling to industrial, commercial and business customers, must:
· Register with the Public Utilities Commission or local utility
· Be approved by the Public Utilities Commission or local utility
· Provide financial guarantees to the public Utilities Commission or local utility
· Demonstrate customer service
You have the right to file a complaint against your supplier with the Public Utilities Commission or local utility. Any company violating the rules will have its registration revoked and will no longer be allowed to sell.
How does deregulation help you save money?
Deregulation of natural gas and electricity puts the power in your hands as a consumer; it gives you the choice to decide whether you purchase your energy from your utility or from a third party supplier like Realgy Energy Services.
In addition to saving you money on your energy usage throughout the year, Realgy Energy Services also offers to all of our customers:
Direct contact with our friendly Customer Service Team – We are here to answer any questions you may have (877) 300-6747
PriceWatchTM – Alerted when fixed pricing will reduce costs
Summer Storage Program – Purchase a percentage of gas at low summer rates to use during the winter
RealgyOfficeTM – Allows online access to account information quickly and conveniently
Check out our competitive rates at www.realgyenergyservices.com just enter your zip code in the Service Plan Offers box.
What is PriceWatch™?
Realgy Energy Services offers our PriceWatch™ winter fixed-price program to all of our Natural Gas customers who have a valid email address on file.
PriceWatch™ utilizes Realgy Energy Services’ proprietary trading and computer services. PriceWatchTM is designed to send out alerts when fixed pricing is such that it can reduce costs over the winter months.
It’s that time of year again when Realgy’s staff of Energy Advisers start to look into the future to see whether locking in your natural gas at a certain price for the winter months will save you money.
Our Energy Advisers start monitoring the market prices of natural gas in early August and continue to monitor prices through September and October. Historically, natural gas prices are lower in September and October before rising again in the winter months due to rising demand.
Realgy’s staff of Energy Advisers monitor future prices every day to recommend the best time to lock in a price so our customers save the most money on their natural gas usage this winter season.
PriceWatch™ is time-sensitive and requires all customers who want to participate to have a valid email address on file with Realgy Energy Services.
Our Energy Advisers need a response within 48 hours in order to lock in the best price.
PriceWatch™ Benefits
- We monitor the market and recommend pricing
- We charge no additional fee
- You choose to participate
- You are protected against rapid price increases
- Not a one-time purchase but proactive consultation
If you have any further questions please feel free to contact a Realgy Energy Services Customer Service Representative by phone, (877) 300-6747, by email, support@realgy.com, by fax (860) 233-3884, or by mail, 675 Oakwood Avenue, West Hartford, CT 06110.