NEW YORK Market Profile. May 2012

Transcription

1 NEW YORK Market Profile May 2012

2 NEW YORK Market Service Map 20.9 Million Potential Customers Market Size: $21.7 Billion Market Potential

3 NEW YORK Market Ambit Energy is the Energy Service Company (ESCO) in all Markets listed below: Account Descriptions- Orange & Rockland- 10 digit number Central Hudson- 10 digit number Con Edison- 15 digit number National Grid- 10 digit number KeySpan- 10 digit number National Fuel Gas- 9 digit number NYSEG o Electric POD ID: NO1+12 digit number = 15 digit account number o Gas POD ID: NO2+12 digit number= 15 digit account number RG&E o Electric POD ID: RO1+12 digit number = 15 digit account number o Gas POD ID: RO2+12 digit number= 15 digit account number NO Credit Checks = NO Deposits

4 NEW YORK Market Delivery Providers- Con Edison (Electricity & Gas) (Residential & Small Commercial) National Grid (Electricity & Gas) (Residential & Small Commercial) NYSEG (Electricity & Gas) (Residential & Small Commercial) RG&E (Electricity & Gas) (Residential & Small Commercial) KeySpan (Gas) (Residential & Small Commercial) Orange & Rockland (Electricity & Gas) (Residential & Small Commercial) Central Hudson (Electricity & Gas) (Residential & Small Commercial) National Fuel Gas (Gas) (Residential and Small Commercial)

5 NEW YORK Market Invoicing- Ambit Energy does not generate the invoice, the Customer will receive an invoice from their Incumbent. Invoice is divided into two parts- Supply Charge (provided by Ambit Energy) Delivery Charge (Incumbent)- Con Ed, National Grid, Key Span, Central Hudson, NYSEG, RG&E, Orange & Rockland, and National Fuel Gas

6 NEW YORK Free Energy Referral Program- Customers have 180 days from service start date to enroll 15 customers (refer these customer to consultant s personal website to enroll) The credit is based on an average payment amount of the minimum 15 customers All bills must be paid on time Free energy credit is displayed on: Bill Credits: KeySpan, NYSEG, and RG&E Check: Con Ed, National Grid, Orange & Rockland, Central Hudson, and National Fuel Gas Should the credit exceed the balance, the supply portion of the bill will be reduced to a zero balance

7 NEW YORK Product Plans Guarantee Savings Plan- Customer saves 7% discount off published delivery providers monthly rates for the first 2 months and a guaranteed minimum of 1% savings over 12 months Any NY customer who does not save at least 1% guaranteed savings over a 12 month consecutive period, they will receive a refund check for the difference (supply portion only) Customer must renew their plan before the 12 month anniversary date to remain eligible for the plan Contact Customer Care at (877) If customer does not renew they roll onto the New York Select Variable Plan which does not guarantee the annual savings Ambit Certified Green- this negates the 1% savings however the customer is still eligible for the 7% discount for the first 65 days Green Product is always 0.02 more than any other plan choice

8 NEW YORK Product Plans New York Month to Month Variable Product- Customer saves 7% discount off published delivery providers monthly rates for the first 2 months and a guaranteed minimum of 1% savings over 12 months Any NY customer who does not save at least 1% guaranteed savings over a 12 consecutive month period will receive a refund letter and a check for the difference (supply portion only) Guaranteed Savings Plan Natural Gas- Customer saves 7% discount off published delivery providers monthly rates for the first 2 months and a guaranteed minimum of 1% savings over 12 months Any NY customer who does not save at least 1% guaranteed savings over a 12 consecutive month period will receive a refund letter and a check for the difference (supply portion only)

9 NEW YORK Products Delivery Provider Electric Gas Con Edison National Grid Guaranteed Savings Plan Ambit Certified Green Guaranteed Savings Plan Ambit Certified Green NY Month to Month Guaranteed Saving Plan Nat l Grid/Key Span N/A Guaranteed Saving Plan NYSEG RG&E Orange & Rockland Central Hudson Guaranteed Savings Plan Ambit Certified Green Guaranteed Savings Plan Ambit Certified Green Guaranteed Savings Plan Ambit Certified Green Guaranteed Savings Plan Ambit Certified Green NYSEG Month to Month RG&E Month to Month NY Month to Month NY Month to Month National Fuel Gas N/A Guaranteed Saving Plan

10 NEW YORK Products Accepted Assistance Programs- The Customer will need to contact their utility prior to switching their service to Ambit Low Income Home Energy Assistance Program (LIHEAP) or Home Energy Assistance Program (HEAP)- federally funded program that issues heating benefits to supplement a household s annual energy cost If a Customer chooses to become an Ambit Customer he/she will loose their HEAP benefits Power Partners- is an income assistance program which lowers a household s monthly service charge (delivery) and provides assistance on paying off past-due balances Customers will remain on the Power Partners Program when they switch to Ambit. No action is required on the Customer end to continue receiving assistance

11 NEW YORK Products Accepted Assistance Programs- The Customer will need to contact their utility prior to switching their service to Ambit The Powerful Opportunity Program (POP)- temporary payment assistance program designed to help eligible customers pay off their past due balance up to any amount and stay current with future monthly budget bills DSS Group is for customers who are at least 62 years old, blind or disabled that receive a lower monthly gas rate, debt forgiveness, emergency heating equipment repair/replacement or conservation efforts

12 NEW YORK Products Delivery Providers Consolidated Edison (Con Ed) National Grid (KeySpan) LIHEAP or HEAP NO Power Partners POP DSS NO NO NA NO NO NA NYSEG Rochester Gas and Electric (RG&E) NO NO NA NA Orange and Rockland NO NO NO NA Central Hudson NO NO NO NA National Fuel Gas TBD TBD TBD NO = Ambit Approved, NO = Not Approved

13 NEW YORK Products Budget Billing- Helps to generate an average usage and rate during peak seasons to avoid high usage and rate charges Available for the Supply Portion through Ambit Energy- NYSEG, RGE, and KeySpan Customers How it works- A 12 month average of usage history and current gas or electricity rate is calculated (locked in for 8 months) Every 8 months, usage and rates are recalculated and any difference (rolling true up) will appear on the customer s 9 th invoice Contact the Incumbent to re-enroll for delivery and contact Ambit for supply Customer will continue to receive 1% guarantee Free Energy does apply

14 NEW YORK Products Level Billing- Intended to help manage usage amounts and rates that vary drastically throughout the year Available in ConEdison (Delivery & Supply) Must contact ConEdison to enroll How it works- Estimated annual cost and consumption total is divided by 12 to determine the level payment for that year It is recommended to stick with this plan for at least 12 months After the 12 month difference is calculated between what you paid (level billing) and the actual amount of energy used, if customer used less than what he/she paid for, a refund will be issued If customer used more than what was paid for, balance is due at time of invoice

15 NEW YORK Products Balanced Billing- Minimize the peaks and valleys of monthly energy bills Available in National Grid (Delivery & Supply) Must contact National Grid to enroll How it works- 12 th month is Settlement Month A credit will be applied for any amount of energy that is paid and not used in order to bring the account balance to zero If payments were not large enough, the balance will be divided by 12 and added to next years proposed budget for each month To qualify: Accounts balance must be current Over due balances must be paid Payment amount can change up to 4 times a year (used to prevent large balances) Customers will be notified a month prior to change

16 NEW YORK Small Commercial Markets- Con Edison, National Grid, KeySpan, NYSEG, RGE, Orange & Rockland, Central Hudson, and National Fuel Gas Electricity provided in ALL markets except KeySpan and National Fuel Gas Gas provided in ALL markets Product Plans- Variable Product Plans Electric Guaranteed Savings (7% discount for the first 65 days and 1% annual savings) Ambit Certified Green Gas Guaranteed Savings (7% discount for the first 65 days and 1% annual savings)

17 NEW YORK Small Commercial FREE Energy Program Bill Credit: KeySpan, NYSEG and RG&E Check: Con Edison, National Grid, Orange & Rockland, Central Hudson, and National Fuel Gas Budget Billing KeySpan, NYSEG, RGE Supply through Ambit (8 month true up) Con Edison, National Grid, Orange & Rockland, Central Hudson, and National Fuel Gas Contact delivery provider

18 NEW YORK Rates Guaranteed Rate Savings Flyers are listed in PowerZone Located in the Business Tools Tab Advertising Tool Kit Customer Flyers

19 NEW YORK Policies Please Review New York-Specific Polices In PowerZone Badge Guidelines for New York Consultants New York In-person Sales Requirements ESCO Consumers Bill of Rights New York HEFPA Fact Sheet New York Things You Must Know

20 Please share this information with your organizations and potential customers

21 Thank you for helping build the NEW YORK Market!