The Printing Industries of Ohio • N.Kentucky has established a partnership with KOREnergy to provide cost savings/revenue generating energy programs for Association members.
While our Demand Response Program has proven to be extremely successful, we also implemented a new program that benefits our northern and southern members. In conjunction with KOREnergy, we have added a program called “Electric Choice,” which is saving Association member Ken Kabel over $45,000 in the next few years.
"At Oak Hills Carton Co. in Cincinnati we are switching over to KOREnergy’s "electric collection" for our electric service. Our savings during the next 33 months is expected to be more than $45,000.00. We are a single shift operation located in Cincinnati. At the June 2009 Leadership Conference I visited the KOREnergy booth and spoke to their representative. The process to evaluate our current usage was simple and I was impressed by the professionalism of the expert who came on site to visit. My due diligence showed that KOREnergy had a good reputation. Although their cost was actually slightly higher than an alternative provider, I opted to sign with KOREnergy largely because of their involvement with Printing Industries of Ohio • N.Kentucky.”
Oak Hills Carton
As a Member of the Printing Industries of Ohio • N.Kentucky, you have an opportunity to reduce your monthly electric cost. In January 2001, the State of Ohio enacted Senate Bill 3 – allowing businesses to buy their generation service from Competitive Retail Electric Suppliers (licensed by the Public Utility Commission of Ohio). Continued, year over year increases in utility rates and low current market prices for power, may offer you an opportunity to reduce your electric cost. Savings can range anywhere from 5-15%, based on your location and usage, and you can lock in your costs for up to 3 years.
The current opportunity to save on your generation cost is on:
- First Energy: Northern Ohio – (Ohio Edison, Toledo Edison and Cleveland Electric Illuminating).
- Duke Energy: Cincinnati Gas & Electric
Each of these electric utilities has different rate structures, which are based on your unique usage characteristics.
For more information, contact your Business Development Director at 888-576-1971. We need the following information to develop a NO COST analysis of your cost savings potential:
- For Duke Energy: one complete copy of your most recent Duke invoice is needed.
- For First Energy: We will need a signed Letter of Authorization, which allows KOREnergy to receive your previous 12 months electric usage data.
Once we receive this information from you, it takes two to three weeks to collect pricing and for KOREnergy to prepare their analysis.
Upon completion, we’ll review with you the analysis and discuss, as applicable, the necessary steps to move forward.
So What is Demand Response?
As of Fall 2011, Forty (40) Printing Industries of Ohio • N.Kentucky members, buying electricity from American Electric Power, First Energy and/or Dayton Power & Light, agreed to participate in this Association program, Demand Response, (DR). In 2011, they will earn over $300,000 in premiums for participating in this program. If you are an AEP, First Energy or Dayton Power & Light customer, you too can earn cash premiums for participating in the program.
Demand Response is defined as, “Changes in electric usage by consumers in response to incentive payments,” by the Federal Energy Regulatory Commission (FERC). This DR program will pay quarterly premiums to our members for agreeing to reduce their electric consumptions during a peak period of time, if requested. This requested period of reduction is called an “event” and is usually only called in extreme conditions in the months of July and August. Although there has never been an “event” called in Ohio, there have been an average of 1.2 events called throughout the country with an average shut down time of just over 4 hours. The following are commonly asked questions and information regarding this program:
How Does Demand Response Work?
Usage Reduction (for short periods of time 2-4 hours) by turning off printing presses and associated equipment, large HP motors and raising AC temperature set points, etc.
Program Sponsor – PJM an Independent System Operator (ISO):
An independent FERC regulated entity that coordinates and manages (generation and transmission) of the various utility companies in a specific geographic region:
- PJM: Ensures the reliability of the electric power grid across 13 states and DC. Operates an efficient and effective wholesale electricity market.
- Sponsors Demand Response Programs and pays for them thru money collected by your local electric utility company (when you pay your electric bill).
PJM – Demand Response Program Highlights:
- "Events” = weekdays only (no holidays)
- Anytime between: 12 pm thru 8 pm (with 2 hour “event” notice).
- Event notice will give starting and ending time (no events to date in Ohio).
- Non-compliance during an event = reduction in payments.
- 1 hour mandatory test each year, if no events called by August 15th.
- Day and time of test announced in advance.
Payments made by PJM – based on $ per kW:
- 100 kW of electric reduction = $2,000 in annual payments.
- Printing Industries of Ohio • N.Kentucky Member = avg. of 400 kW and $8,000 in annual payments.
For more information, contact Jim Cunningham at 888-576-1971.
May 2, 2017
Digital Print Solutions
May 16, 2017
Location: Fisher Phillips
May 17, 2017
May 18, 2017