»
I
can actually choose a different energy supplier
than my utility?
»
Why would I choose
another energy supplier?
»
How can it be cheaper?
»
Who is the
Energy Cooperative of New York?
»
Can't
I just buy this energy myself?
»
How does the Energy
Cooperative buy it's energy?
»
I'm
seeing ads from gas brokers or gas marketers, how do
they fit into this?
»
How is the Cooperative
service different from the service provided by other
energy suppliers?
»
What is the benefit
from that difference in service?
»
How do I enroll?
»
How will I be billed?
»
Is there a fee for
switching?
»
Will my electric
and or gas service continue as usual?
»
I can actually choose a
different energy supplier than my utility?
^Top
The
deregulation of the utility industry means that your
utility is required, by law, to allow you to purchase
energy from any supplier and transport this to your
meter.
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Why would I choose another energy
supplier? ^Top
It's
cheaper. By purchasing the energy you need from
a competing supplier, you can buy at a lower rate.
The combined cost of buying your energy from an alternative
vendor and paying the utility to transport the energy
to your account can be substantially less than buying
the energy directly from your utility at "retail
rates."
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How can it be cheaper?
^Top
Energy
Cooperative is aggregating a group of customers that
allows us to purchase electricity in large quantities
directly from the generators. Also, New York State is
encouraging customers to buy from companies like Energy
Cooperative by reducing the taxes on the electricity,
and through various rate incentives. This assists Energy
Cooperative in providing discounts to our customers.
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Who is the Energy
Cooperative of New York?
^Top
The
Energy Cooperative of New York is a not-for-profit corporation
created by a group of businesses that use energy .
We buy energy at wholesale prices and pass the
discounts onto our members.
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Can't
I just buy this energy myself?
^Top
Purchasing
energy as a transportation customer is a complex undertaking;
you have to track your company's usage, and "balance"
your order throughout the month.
If you order too much, your local utility can
assess penalties against you.
If you order too little, you may be charged high
rates on the makeup energy.
These charges can cancel out the advantages of
purchasing transport energy altogether.
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How does the Energy Cooperative
buy it's energy?
^Top
The
Cooperative combines the accounts of all its members
into one group and then hires a consultant, Fluent,
to provide the specialized buying services to us.
Previous to the
Cooperative, it was necessary to have a truly
huge energy bill or multiple accounts to afford the
cost and over head of engaging an energy consultant.
By providing an energy billing service to our
members, the Cooperative in effect becomes a single
customer with a single bill and a single relationship
with the consultant.
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»
I'm
seeing ads from gas brokers or gas marketers,
how do they fit into this?
^Top
A
marketer or broker buys energy at the lowest price it
can obtain and resells the energy at the highest price
the market will bear.
They will have a whole different incentive than
a cooperative that returns any profits back to its members.
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How is the Cooperative service
different from the service provided by other energy
suppliers?
^Top
The
Cooperative is Different.
The Cooperative
provides an "energy management" service that
provides its members the best prices we can get
Fees are a flat rate based on volume, (currently $0.11
per thousand cubic feet (Mcf) for natural gas
and $0.0012 per Kwh for electricity), there is no incentive
to have our member buy energy at higher prices
The
Cooperative provides you with access to an on-staff
natural energy procurement expert, at minimal cost,
and with your best interests at heart
Any
surplus of profits (if any) are returned to the members
based on the members proportion of the total Cooperative's
consumption.
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What is the benefit from that difference
in service?
^Top
The
Cooperative works to minimize your total fuel
costs (this includes the combination of the supplier
costs, the transportation costs and the management
costs)
The
Cooperative uses it's group buying power to negotiate
superior pricing so each new member enhances our purchasing
power and yours as well
Through
our consultant's advanced proprietary software, the
Cooperative offers cost management analysis, and responsiveness,
while keeping overhead costs low
The
Cooperative's commitment to integrity, performance,
quality, and responsiveness is real and demonstrated.
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How do I enroll?
^Top
Click
on this Sign Up Now!
link or the one located at the top of this screen.
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How will I be billed?
^Top
If
you are currently receiving services from National Grid
, NYSEG, or RG&E you will continue to receive an
invoice from them. This invoice will be for the transportation
of the electricity and or gas; and you will receive
an invoice from Energy Cooperative for the actual supply
of the electric and or gas. If you are in the National
Fuel service area you will receive one invoice from
the Energy Cooperative. National Fuel will no longer
be billing you.
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Is there a fee for switching?
^Top
No,
there are no fees for enrolling in the program. If you
are not completely satisfied with our service or the
savings you receive, then you can return to the traditional
utility service.
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Will my electric and or gas
service continue as usual?
^Top
Yes. The utility company will continue to read your
meter and deliver the energy to your home or business.
In the event of an emergency or issues regarding service,
you will still contact the utility directly.
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