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MICA Newsletter September 2011



FirstEnergy Update                                         AEP-Ohio Update
FirstEnergy’s lighting rebates for large commercial and    For many years, the standard rates offered by
industrial (C&I) customers have been put on hold due       Columbus Southern Power (CSP) and Ohio Power
to budget limitations. If you have previously submitted    (OP) were lower than market rates. The opportunities
a rebate application and received pre-approval, you will   to switch to a retail electric supplier and save money
receive the rebate when the project requirements are       were limited. However, as a result of rate increases,
met.                                                       CSP customers may now be able to save money by
                                                           switching suppliers.
This action does not affect the rider exemption and
rebate options for mercantile customers. We                Both CSP and OP have proposed new rate plans to be
recommend that you apply for rider exemption, instead      effective on January 1, 2012. These proposals are
of the rebate, if you have completed sufficiently large    pending at the PUCO. We don’t currently know how
energy efficiency projects in the past 3 years. Contact    this will play out and what the new rates will be.
us for assistance with that application.                   However, OP’s rates are expected to be increased by
                                                           at least 1¢ per kilowatt hour (kWh) to recover its full
Ohio Edison plans to seek approval from the PUCO to        fuel costs. Once this happens OP customers may also
shift funds between programs in order to resume            be able to save money by switching suppliers.
lighting rebates. Therefore, lighting rebates may once
again be an option for Ohio Edison C&I customers.          For certain rate schedules, AEP requires a 90-day
However, the lighting rebates for customers of the         notice to switch to a retail electric supplier. In order to
Illuminating Company and Toledo Edison remain on           switch on January 1, 2012, you would need to notify
                                                                              rd
hold at this time.™                                        AEP by October 3 .

                                                           If you are not already shopping for generation, we can
                                                           facilitate obtaining a price quote from FirstEnergy
 Welcome to the new members of our team                    Solutions and other suppliers. We are staffing up to be
 James Weems, Regional Vice President – Columbus           able to assist more AEP-Ohio customers with this
 Catherine Nickoson, Executive Assistant                   opportunity. Contact us for more information.™
 Joe Gardner, Account Executive
 Bianca Hill, Account Executive
 Bud Kirk, Account Executive
 Jennifer Lemley, Account Executive
 Mathew Nickoson, Account Executive


                                                           Natural Gas Update
 CALENDAR           OF    EVENTS                           The NYMEX settlement price at the end of August
 6 ANNUAL NORTHERN OHIO ENERGY MANAGEMENT
  TH                                                       was $3.857 per thousand cubic feet (Mcf), down 12%
 CONFERENCE                                                from $4.370 at the end of July. For Dominion East
                                                           Ohio customers, the price to beat is NYMEX plus $1,
 JOHN S. KNIGHT CONVENTION CENTER                          or $4.857 in September.
 77 EAST MILL STREET, AKRON
 SEPTEMBER 28, 2011                                        Now is a good time to review your natural gas
 Matt and Mike Brakey will be among the presenters at      contracts in preparation for the winter heating season.
 this informative conference. We hope to see you there.    If you would like us to assist you with that review (at
 As a member of IEU-Ohio, you are entitled to a 15%        no additional charge for MICA members), please
 discount off the fee. See www.mecseminars.com for         send us a copy of a recent natural gas bill for each of
 more information or to register.™                         your accounts.™

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Newsletter Sept 2011

  • 1. MICA Newsletter September 2011 FirstEnergy Update AEP-Ohio Update FirstEnergy’s lighting rebates for large commercial and For many years, the standard rates offered by industrial (C&I) customers have been put on hold due Columbus Southern Power (CSP) and Ohio Power to budget limitations. If you have previously submitted (OP) were lower than market rates. The opportunities a rebate application and received pre-approval, you will to switch to a retail electric supplier and save money receive the rebate when the project requirements are were limited. However, as a result of rate increases, met. CSP customers may now be able to save money by switching suppliers. This action does not affect the rider exemption and rebate options for mercantile customers. We Both CSP and OP have proposed new rate plans to be recommend that you apply for rider exemption, instead effective on January 1, 2012. These proposals are of the rebate, if you have completed sufficiently large pending at the PUCO. We don’t currently know how energy efficiency projects in the past 3 years. Contact this will play out and what the new rates will be. us for assistance with that application. However, OP’s rates are expected to be increased by at least 1¢ per kilowatt hour (kWh) to recover its full Ohio Edison plans to seek approval from the PUCO to fuel costs. Once this happens OP customers may also shift funds between programs in order to resume be able to save money by switching suppliers. lighting rebates. Therefore, lighting rebates may once again be an option for Ohio Edison C&I customers. For certain rate schedules, AEP requires a 90-day However, the lighting rebates for customers of the notice to switch to a retail electric supplier. In order to Illuminating Company and Toledo Edison remain on switch on January 1, 2012, you would need to notify rd hold at this time.™ AEP by October 3 . If you are not already shopping for generation, we can facilitate obtaining a price quote from FirstEnergy Welcome to the new members of our team Solutions and other suppliers. We are staffing up to be James Weems, Regional Vice President – Columbus able to assist more AEP-Ohio customers with this Catherine Nickoson, Executive Assistant opportunity. Contact us for more information.™ Joe Gardner, Account Executive Bianca Hill, Account Executive Bud Kirk, Account Executive Jennifer Lemley, Account Executive Mathew Nickoson, Account Executive Natural Gas Update CALENDAR OF EVENTS The NYMEX settlement price at the end of August 6 ANNUAL NORTHERN OHIO ENERGY MANAGEMENT TH was $3.857 per thousand cubic feet (Mcf), down 12% CONFERENCE from $4.370 at the end of July. For Dominion East Ohio customers, the price to beat is NYMEX plus $1, JOHN S. KNIGHT CONVENTION CENTER or $4.857 in September. 77 EAST MILL STREET, AKRON SEPTEMBER 28, 2011 Now is a good time to review your natural gas Matt and Mike Brakey will be among the presenters at contracts in preparation for the winter heating season. this informative conference. We hope to see you there. If you would like us to assist you with that review (at As a member of IEU-Ohio, you are entitled to a 15% no additional charge for MICA members), please discount off the fee. See www.mecseminars.com for send us a copy of a recent natural gas bill for each of more information or to register.™ your accounts.™