Electricity prices are at a 10 year low

 

CBIA program target generation prices

Total price
for contracts ending
December 2013
Total price
for contracts ending
December 2014
Total price
for contracts ending
December 2015
Total price
for contracts ending
December 2016
$.0740 per kWh
(or lower)
$.0770 per kWh
(or lower)
$.0800 per kWh
(or lower)
$.0820 per kWh
(or lower)

Note: These prices can be compared directly to your current utility “Generation Services Rate.”

Your contract price will be no higher than the target price. However, if market prices are lower at the time of contract execution, you will receive lower-than-target pricing. This is our 41st purchasing group and almost all prior groups received contract prices lower than target…many substantially lower.


We’ve helped more than 700 CBIA member companies (totaling >700 million kWh annually) beat their utility generation price and stabilize their electricity costs through long-term contracts. Any member company can participate with a minimum of 10 kW demand per account.

To participate in this group,
you must respond by
4:00 p.m., Thursday, May 10, 2012

Current market prices are currently at 10 year lows. If you want to stabilize your future electricity generation costs at historically low levels, now is a great time to act! Through our program you can lock in current market prices to December 2013, 2014, 2015, or 2016. It’s your choice. And, because of the success of our program, you benefit from the tremendous buying power of being part of an 85 megawatt, 700 company group!

Compare our prices to the utility Generation Service Charge (GSC) prices for 2012.

CL&P
UI
$.08735 per kWh
$.08781 per kWh

 

Program Eligibility

  • You must be a CBIA member company.
  • Your demand for each submitted account must be at least 10 kW for at least one of the last 12 months.
  • Your company’s credit rating needs to be acceptable to the electricity supplier.
  • Residential accounts are not eligible.

 

How to Participate

  1. Complete all information contained in the Program Enrollment Form.
  2. Carefully review the supplier contract. Note: You will be committing to the full contract term you choose. Early termination could result in liquidation costs to you.
  3. Complete and sign the Commitment Form indicating:
    - Your agreement to enter into the supply contract (in item 2.), provided the final price is equal to or lower than the indicated Target Price, and your authorization allowing us to sign the supplier contract on your behalf.
    - Your grant to us of exclusivity until August 31, 2012 to secure the Target Price on your behalf.
    NOTE: Be sure to make your selections in paragraphs 5 and 6 on the Commitment Form.
  4. Complete and sign the Customer Historical Usage Information Release Form.
  5. Complete the Cert 115 document if you qualify for sales tax exemption.
  6. Fax (860-293-1157) or e-mail (jim.bell@cbia.com) all required forms, along with a complete copy of your three (3) most recent electricity bill(s). Please send all pages of your electricity bills.

It’s That Easy!

So, if you want to save money and better control your electricity costs, don’t delay! Complete the required paperwork noted above and send to us as soon as possible with a copy of your electricity bill(s).

Please Respond By
4:00 p.m., Thursday, May 10, 2012

Please take a few moments to review our FAQ. If you have additional questions, contact Jim Bell at (860) 244-1978 or Bill Walsh at (860) 244-1942 at CBIA Energy Connections.