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Learning from Arizona’s Abrupt End to Exploring Benefits of Energy Competition

Posted October 11, 2013 | By Andrea Morrison

Opening an energy market to competition isn't something that happens overnight. In fact, there really hasn't been a new energy market opened in 10 years, which is why Arizona was so exciting. The state had been debating retail competition since the late '90s.

Before the debate began to open the Arizona electricity market to competition, a pilot program was launched for the state’s largest customers. Seven customers signed up via the lottery process and Direct Energy signed two of them as customers. This was a great step forward.

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Direct Energy Inks $375 Million Electric Contract via PowerOptions Aggregation

Posted October 9, 2013 | By Chris Dubay

I am excited to announce Direct Energy’s latest contract with PowerOptions, which will supply electricity to more than 500 of Massachusetts’ nonprofits and government institutions for four years. We at Direct Energy Business were engaged in a robust, months-long competitive bidding process and I think us winning this deal is a testament to the company further showcasing our ability to be a total energy management provider.

Unlike other aggregations, the PowerOptions is an opt-in regime that provides customer-specific pricing and allows members to pick the length of contract that best meets their needs. In other words, it’s very flexible.

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U.S. Industrial Energy Demand Growing

Posted October 8, 2013 | By Chris Dubay

Each year, the U.S. Energy Information Administration (EIA) evaluates a wide range of trends and issues that could have major implications for U.S. energy markets. The results are published in their Annual Energy Outlook and provide an in-depth look at the past, present and future states of the energy environment in the U.S. One of the key subjects covered in this report is the energy demand of the U.S. industrial sector, and it’s growing!

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Direct Energy Signs First Commercial Solar Customer: BJ’s Wholesale Club

Posted October 3, 2013 | By Nick Henn

We at Direct Energy Business are thrilled to announce our first commercial solar customer: BJ’s Wholesale Club. Thanks to our recent collaboration with SolarCity to create a dedicated investment fund capable of financing up to $124 million in solar projects, this deal was made possible.

DEB and SolarCity are providing the North Brunswick, New Jersey BJ’s location with solar electricity through a 20-year power purchase agreement. SolarCity’s initial design for the 110,000-square-foot BJ’s Wholesale Club features more than 1,600 panels to provide approximately 400 kilowatts of generation capacity. Based on the current design and the historical energy usage at the North Brunswick BJ’s site, SolarCity expects BJ’s to pay more than 10 percent below current utility rates for solar electricity and save hundreds of thousands of dollars over the life of the agreement.

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Summer Energy Outlook

summer energy outlook

Be ready for warmer weather. See what weather is trending for summer months and find out how this might impact energy prices

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Cheap Electricity But High Bills?

electricity

Wholesale power prices have dropped between 25-40% of the past 5 years. But the average price consumers pay for electricity has increased by 8% over the same time. Download this free report to learn why.

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