Rochester, NY- July 26, 2018- Gavin Hall, a Pittsford, NY native and University of Texas alumni, made his European Tour debut today in Hamburg, Germany at the 2018 Porsche Open. Hall’s appearance on the PGA EuroPro Tour will be his first start after being sidelined with an injury for the past 7 months. Power Management...Continue Reading
POWER MANAGEMENT COMPANY ANNOUNCES LAUNCH OF NEW WEBSITE Power Management introduces a new website, more effectively conveying their core services to users Victor, NY- May 21, 2018 – Power Management Company (PMC) is proud to announce the launch of their new website www.powermgt.com. The new site more clearly illustrates the services Power Management offers such...Continue Reading
When evaluating natural gas contracts, one component that you may consider is the suppliers offering of swing options. Swing refers to your business being able to go above or below the amount to be supplied, while still being billed or credited for any used/unused volume at your fixed or index price. Sometimes also referred to...Continue Reading
The price consumers pay for electric supply is made up of a series of components. Although the price of wholesale energy is often the focus, it is actually only a portion (recently 50% or less) of the overall cost. One element that has recently increased significantly, especially in the New England market, is capacity. Capacity...Continue Reading
As your chosen energy consultant, we would like to provide a reminder that Direct Energy, your current supplier, will be conducting a final consolidation of their electricity billing systems. This transition will mean some changes for your accounts as a customer. However, please note that ONLY customers who are currently being dual-billed will be effected (meaning one...Continue Reading
Electric and natural gas suppliers are constantly changing and evolving their business. Power Management is here to assist with these sometimes complicated transitions and work on the customers end to straighten out the details. We wanted to remind you of some changes that a few suppliers will be implementing that may have an effect on...Continue Reading
Weather and natural gas storage inventories are two variables that are often discussed when analyzing current natural gas prices and where they are anticipated to go. Earlier this year, working natural gas inventories ended the winter heating season at 2,478 Bcf. This exceeded the previous record high of 2,473 Bcf set in March 2012, which...Continue Reading
For Immediate Release: ROCHESTER, NY – RRHA Joint Ventures Corporation has entered into a new agreement with Power Management Company. After extensive consideration, RRHA/JVC chose Power Management to represent the future energy needs of its members. Power Management will offer member institutions access to exclusive member advantages through this new program. RRHA/JVC and Power Management’s shared visions for...Continue Reading
Later this year, America will have a new President. Who that will be is still to be determined and that lack of clarity isn’t good for the markets. Presidents who are in the final year of a second term are also often less predictable than they are in previous years. Markets don’t react as much...Continue Reading
For Immediate Release: ROCHESTER, NY- June 7, 2016– On Sunday, Rochester native Dominic Bozzelli secured his first Web.com Tour victory at the Corales Puntacana Resort and Club Championship. Bozzelli came in 24-under-par at the event which was held May 30 – June 5. This was a four-stroke victory over Roberto Diaz, Sam Ryder and Blake...Continue Reading
There is no question that New England’s energy infrastructure is clearly constrained, lacking resources that are both reliable and cost competitive. The region has limited local natural resources and energy must be transported long distances. With the increasing amount of variable generation such as wind and solar coming online, as well as the retirement of...Continue Reading
Over the past few months, the natural gas market has seen high production levels and storage at a record level. Couple this with the non-existent winter thus far and we are currently in a period of natural gas and electric prices as low as we’ve seen over the past 10-15 years. With a strong El...Continue Reading
Power Management was honored to be recognized last Wednesday as one of the Rochester Top 100 companies. The Rochester Business Alliance and KPMG, LLP hosted the 29th Annual event at the Joseph A. Floreano Rochester Riverside Convention Center. Ranking 44th on the list, Power Management was proud to be among other fellow recipients on the Rochester Top...Continue Reading
Earlier this week, the American Council for an Energy-Efficient Economy (ACEEE) released its ninth edition of the State Energy Efficiency Scorecard. This comprehensive analysis is an annual benchmark which outlines the efforts to support energy efficiency of all 50 U.S. states and the District of Columbia. The report ranks states on their policy and program...Continue Reading
Rochester Gas and Electric (RG&E) recently implemented a new charge for utility customers in their service area. Effective September 1, 2015, this charge called the Reliability Support Services Surcharge (RSSS) will impact the delivery portion of a customer’s electric bill. NYSEG which serves many customers throughout New York State also issued a similar charge back in the...Continue Reading
There is a regulatory change currently underway for those in the PJM region that will affect the capacity market beginning in June 2016. This market reform is called Capacity Performance, and intended to strengthen reliability of the region’s power supply. Capacity markets are designed to ensure enough supply is available to meet demand during peak...Continue Reading
Over the next few days there is a good chance that we may set the peak energy demand for the year due to the expectation of high temperatures. If possible, we are recommending that customers with interval meters reduce their electricity use, especially during the hours of 3 p.m. to 6 p.m. on Wednesday and...Continue Reading
Solar, wind, and geothermal are all sources of renewable energy that are frequently talked about. But here’s something you might not hear about all the time- wave power. In addition to surfers and tourists being drawn to the waves in Hawaii, waves are now being tested as a source of electricity through a new Hawaii...Continue Reading
In past blog posts, we’ve touched on the definitions for and impacts of both capacity and RECs on the price of electric. Both components which help to make up the overall price of energy, have increased to a point where they now account for a substantial portion of the total cost. Over the past few months in the New...Continue Reading
A study conducted by Deloitte in 2012 found, “American businesses have become increasingly focused on energy consumption and its impact on their bottom-lines…more businesses recognize energy management efforts are essential to staying competitive from both a financial and a corporate image perspective.” With a number of competitive energy options today, energy management involves more than just getting the...Continue Reading