| |
Helps schools manage natural gas costs & aids them in achieving
natural gas budget goals.
Open to all public and private school districts, junior colleges, colleges and universities in Illinois behind the following utilities: Ameren (IP, Cilco, CIPS), MidAmerican, Nicor Gas, North Shore Gas, Peoples Gas.
Nearly 300 members with over 1,300 utility account numbers and 40 million therms
(4 Bcf) of annual usage.
The Power of Pooling – Benefit directly by increased purchasing
leverage and efficiency.
Dedicated Account Manager – Responsible for managing your accounts, alerting you to market opportunities, and available for all your questions.
EnerPro© – Online energy management tool designed to bring information regarding your natural gas accounts directly to your desktop. All members have 24/7 access to this online management tool designed to bring all facility usage and storage information, usage and cost analyses by facility and in total, current fiscal-year budget, and the future year’s budget forecasts directly to your desktop.
Choices – You choose the program that best fits your district's
needs and requirements.
The IEC gas program provides the flexibility to choose an energy strategy option that helps members to effectively manage natural gas costs and risk over time.
www.constellation.com
1. Managed Program – Hands-off, Minimal Involvement Program
The “Managed Program” has the combined efforts of the IEC Advisors (Latham & Associates), the IEC Board Pricing Committee, and the Constellation Energy Risk Management & Supply teams that develops and executes a diversified portfolio to mitigate natural gas price risk. This is a fully automated program with minimal input required from the Member. This program has averaged double-digit savings versus the utility since June 2009.
2. Spot Pool Program – Member needs float with IEC Spot Pool Price
Member’s natural gas needs are priced monthly on the IEC Spot Pool Price. Under this option the Member’s gas price changes every month based upon the price volatility (up or down) in the market place. The Spot Pool Program has been the best performing IEC natural gas program since 2008 and has offered our members double-digit savings versus the utility. Best of all, if natural gas market prices start to race up while the Member is enrolled in the Spot Pool price program, the member has the flexibility to switch to the Managed Program one-time per fiscal school year at no added cost – no other supplier offers budget focus organizations such upside price protection and flexibility!
3. Customized Portfolio – Design a Personal Energy Purchasing Strategy
IEC will provide all the market intelligence and analyses, and will help you map out the natural gas purchasing strategy, along with making adjustments to the chosen strategy going forward. IEC offers Net-45 day terms with an optional discount program for early payment. IEC also offers Net-60 day terms in conjunction with the Local Government Prompt Payment Act, 50 ILCS 505/4, and have a simple, user-friendly membership agreement.
Contact one of the following IEC representatives assigned to your local natural gas utility to set up a meeting to review which option is best for you:
Glen Grimm – 630.777.9406 —All Utilities
© 2009. Constellation Energy Group, Inc. The information provided herein is the proprietary information
of Constellation NewEnergy - Gas Division, LLC (CNEG) and Illinois Energy Consortium Inc. (IEC), respectively. Offerings and products described herein are sold and contracted by CNEG, a subsidiary of Constellation Energy Group, Inc. Service marks and trademarks are those of their respective holders. CNE and IEC have not undertaken a joint venture or partnership and are separate and unaffiliated entities who are not responsible for each others' actions, inactions, products or policies.
All rights reserved. Errors and omissions excepted.
|
 |
