provident energy management inc. electrical deregulation presentation for del property management...
TRANSCRIPT
Provident Energy Management Inc.
Electrical Deregulation Presentation for DEL Property Management Inc.
Proud Members: Continental Automated Building Association, Illuminating Engineers Society of North America, Heating Refrigeration and Air Conditioning Institute of Canada, Toronto Construction Association, Toronto Better Buildings Partnership.
Who is Provident?
• Energy Services Company since 1985
• Full range of services: – Automation Systems & Monitoring Services– Lighting, Fan Coil Motors, Water projects etc.– Gas Retailer and utility experience
• Electricity Retailer License pending
Utility Structure - Now and In Future
• Existing Structure has Ontario Hydro as Generator & Transmitter, Local utility as distributor (ie. Toronto Hydro)
• New structure has Ontario Hydro broken into 7 companies:
– Generation, Transmission, Distribution, IMO, Energy Services, Fibre Optics, Standard Supplier
– Local utilities continue to provide energy through wires
– Some Local utilities also will compete in energy supply market
Billing Structure - Now and In Future
5.14.1
4.9
1
1.2
1.4
1.1
0.9
1.30.7
0.9
0.6
0.8
0
1
2
3
4
5
6
7
8
9
10
OLD-7.2 Optimistic-7.5 Pessimistic-9.3
c /
kW
h
CTC
IMO
Trans.
Dist.
Energy
Your Decision
• Inactive participation in Market– lets discuss this option first
• OR…
• Actively Participate in Market– we will come back to this option later
Inactive Participation in Market
• Your energy cost will be calculated according to utility usage over each hour
• The Utility Load Curve is different from your own usage curve
• As wise users of power leave the default supplier, the utility curve will get “worse”
Utility Load Profile
6:00 9:00 12:00 15:00 18:00 21:00 24:00:00
Utility Load Profile and Your Load Profile
6:00 9:00 12:00 15:00 18:00 21:00 24:00:00
Active Participation in Market
• Energy costs to be calculated according to Your Own Load Profile
• First step is to install interval meter – contact local utility NOW
• Choose Energy Provider soon
• Look for a company that suits your needs
How to Participate in Market
• Market consists of many companies offering many different service options
• OEB approves Retailers that include:– Green Power providers– Residential / Small only providers– Industrial / Large only providers
What does Provident Offer?
• 2 Purchase Options:– Lock in at 1 price for the year– Floating charges, price fluctuates monthly
• We take load to market
• One large predictable purchase = wise “buying power” for you
In Review...
• Participation = Get Interval Meter Now
• Costs going up, the question is how much?
• Transmission & LDC will make profits
• LDC will now pay corporate taxes
• OPGI currently 85% of market, 35% in 4 yrs.
• Get Interval Meter NOW!