New York ESCO Reports 6% Residential Savings, 7% Commercial, Versus Utility In Past 12 Months, Files Data In PSC's Retail Market Investigation

July 3, 2019

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Copyright 2010-19 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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EnergyMark, LLC filed with the New York PSC, in Case 12-M-0476, one of the PSC's proceedings assessing the mass market (and consolidated with the retail market review), "a summary of performance, that is, savings vs the LDC, comparing LDC bundled bill of supply and delivery costs."

EnergyMark filed a comparison of charges billed to its customers versus what the cost would have been had the customer been taking bundled service, for its customers at National Fuel Gas Distribution billed under POR, for the period June 2018 to May 2019

"This demonstration is to reinforce our claims that some ESCOs can and will continue to save consumers supply cost, with efficient buying and streamlined cost models," EnergyMark said

For residential customers, EnergyMark said that the aggregate bill to its customers at NFGD over the past 12 months was about $1.7 million. EnergyMark compared this to what the aggregate bill cost would have been for customers had they been taking supply from NFGD, which EnergyMark said was $1.8 million. The approximately $100,000 in residential savings represents over 5.5% in savings to customers

For commercial customers, EnergyMark said that the aggregate bill to its customers at NFGD over the past 12 months was about $8.8 million. EnergyMark compared this to what the aggregate bill cost would have been for customers had they been taking supply from NFGD, which EnergyMark said was $9.5 million. The approximately $683,000 in commercial savings represents over 7% in savings

EnergyMark said that its report is inclusive of Delivery Tax savings

"As demonstrated, EnergyMark has a recent and historical cost savings over local LDC on natural gas supply," EnergyMark said

EnergyMark said in its filing that:

• Comparison is verifiable and directly from National Fuel records

• 3971 total accounts in EnergyMark-LDC consolidated bill -- single bill pools

• 2026 Commercial accounts, with a mixture of fixed term and variable monthly billed rates(> 50% of volumes fixed price)

• 1945 Residential accounts, most at a % savings program, with some fixed prices

• 1.55 BCF Billed from June 2018 thru May 2019

• .78 Million dollars in savings

• 7.41% overall Supply cost savings when using EnergyMark

• Despite a falling commodity cost (old fixed prices were established by many of the commercial accounts)

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