Blog

June 8, 2009

What Are You Doing About Energy Deregulation?

In January 2010 (it’s not that far away!), electricity will be deregulated in NEPA.  Be prepared for substantial rate increases!  But there is help out there. 

A top concern for business owners is the rising cost of energy. To help local businesses save money and mitigate increases, The Greater Scranton Chamber of Commerce has enlisted the services of OnDemand Energy to create an aggregated buying pool. The pool will buy electricity in bulk for a fixed time period as a way to lock in a lower price for businesses that are Scranton Chamber members and participating in the pool. The Chamber is joined in this effort by ChamberChoice.

Chambers of Commerce have used the buying pool approach to purchase health insurance, office supplies and various services for years. With this program, both larger and mid-sized users alike will have the opportunity to obtain bulk prices with an estimated savings of 10-15% per small business.

The Scranton Chamber is offering a free information session for its members to learn more on June 25th at 8:30AM, 11:00AM, 1:00 PM or 3:00PM at the Chamber Office – Boardroom. Register by calling 570-342-7711.

If you’re not already a member, you may want to consider joining.  The savings in this plan can really add up — even if you saved just $0.01 per kilowatt hour (kwh).  For example:

A small church using 225,000 annual kwhs would save $2,250 annually!

A mid-sized restaurant using 350,000 annual kwhs would saive $3,500 annually!

A small manufacturer using 2,500,000 annual kwhs would save $25,000 annually!