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Founded in 1998, Energy New
England (ENE) was formed by members of New England's Public Power
community to enhance their competitive position and to attain operating
efficiencies in power supply and retail account management. ENE offers a
unique understanding of the challenges faced by municipal utilities, and
has developed sophisticated and results-oriented solutions to deal with
and overcome such challenges as power supply cost management, the
mitigation of power supply risks, and even energy efficiency and
optimization services for the retail customer base of our utility
partners.
Since its founding, ENE has experienced significant growth by any
measure. Our customer base has tripled in less than two years, and we
offer an expanding array of specialized energy solutions that deliver
meaningful value to our customers. In fact, ENE currently helps to
manage some 900 MW of load and approximately 1,000 MW of resources,
accounting for more than 40 percent of total MWh among New England’s
systems, in four states. We are the largest wholesale power trading
organization serving the needs of municipal systems in the northeast,
and since January of 2000, we have conducted more than $200 million in
trades – or more than 6,000,000MWH. ENE also helps to manage up to
20,000 MCF of natural gas per day within our customers’ portfolios, as
well as 5,000 bbl per day of #2 and #6 oil.
Over the past four years, ENE has also expanded its energy services
portfolio to help municipal utilities deliver an array of energy
evaluation and energy optimization services for their commercial,
industrial and, most recently, residential accounts. We have become the
preeminent provider of integrated energy solutions and optimization
services for the retail customers of municipal systems, as well, and we
are providing these services for nearly 30 municipal systems throughout
the region. Services now range from diagnostic evaluations to
investment-grade audits and even predictive and preventive maintenance
programs.
Much of our success is attributable to ENE’s highly customized and
flexible approach to each customer, and our strategic, disciplined
approach to addressing power supply and retail account management
challenges.
In serving it's customers, ENE offers:
·Customized, highly sophisticated resource evaluation, asset optimization and associated
power supply support services
·Ongoing monitoring of wholesale markets to efficiently manage resources and to capitalize
upon opportunities in the forward markets
·Considerable experience in the utilization of financial instruments to reduce a variety of
risks, including unit outages, fuel price volatility, and resource diversity
·Load forecasting, tracking, reporting and settlement services
·Comprehensive retail energy services for commercial, industrial and
residential accounts that help to optimize energy usage and enhance
energy efficiency -Fuel procurement and management services
-Professional consulting services to augment power supply, retail
account management and strategic planning initiatives
-Marketing and communications services, including load retention,
customer communications and key account program support |