Energy Deregulation – Act 129 and what it means to Industry

Change is upon us and great opportunities exist if you can take advantage of the timing in three areas. To help clarify, there are three main points to know:

 #1: The energy rate caps are coming off – first with PPL, then Met Ed and PECO. This allows consumers and businesses to shop for the generation portion of their energy for better rates.

#2: The wholesale market is at a five year low – the actual cost of energy is the lowest we have seen and will probably go back up. This opportunity maximizes your ability to secure the lowest rates possible now and for the predictable future.

#3: Coincidentally, the PA Public Utility Commission (PUC) has required each generator (PPL, Met Ed, PECO) to reduce their energy footprint by a set percentage. To accomplish this, the utilities have provided rebates to consumers and commercial businesses to adopt energy lowering behaviors. This includes cash rebates under each utility’s Act 129 Program. Each utility is providing incentive plans on their websites.

MANTEC helps industrial companies get the best rates by implementing a five point strategy:

 

  • Energy Audits
  • Contract Optimization
  • Aggregation Purchasing
  • Alternative Technologies & Grant Application Development
  • Demand Response and Curtailment

 Download the MANTEC Energy Efficiency Products & Services Guide

The key is to understand that the current administration is very proactive in the energy area. This is driving alternative energy choices to commercial business and consumers.

Patrick Meese
meesepg@mantec.org

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