Transcript blackEnergy — Come Together Now

Energy
and Black Communities
Sonja Ebron
blackEnergy
blackEnergy
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Value of Energy
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Heated and cooled spaces
Hot water, cooked food
Transportation
Paint, furniture, paper, consumables
Food, clothing, potable water, prescriptions
Sewage, trash disposal, services
The Economy & Jobs
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Household Energy
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Gasoline
Natural gas
Electricity
Other
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Heating oil, kerosene, propane
Diesel fuels
Other petrochemicals
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Gasoline Infrastructure
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Oil extraction or import
Refining
Transportation by truck
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Natural Gas Infrastructure
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Gas extraction or LNG import
Gas sweetening and storage
Transportation by pipeline
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Electric Infrastructure
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Production from oil, natural gas, coal, nuclear, etc.
Transportation by transmission line
Voltage regulation with transformers
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Petrochemical Infrastructure
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Similar to gasoline production
Pesticides, herbicides, fertilizers
Plastics, asphalt, synthetic fibers
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Cost Factors: SupplyT
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Declining global resources
Extraction technologies
Refinery and distribution capacity
Weather
Geopolitics
Regulatory structure
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Cost Factors: DemandU
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Globalization
Domestic population
Domestic economics
Conservation
Efficiency of use
Electric/alternative vehicles
Renewable energy
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Natural Gas Choice
Atlanta
Gas Light
Producers
Brokers
Commodity
Exchanges
Pipelines
Commercial
Consumers
Aggregators
Marketers
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Industrial
Consumers
Residential
Consumers
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Natural Gas Rates in Georgia
Doubled
In 4 Years
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Source: Georgia Public Service Commission
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Price Forecasts
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Heating with natural gas
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Used by more than half of households
Marketer rates depend on hedging
Overall costs depend on weather
Winter: mid-November  mid-March
Average $807 this winter vs. $1038 last, down 22%
Rate options
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Fixed vs. variable
Budget billing
Senior discounts
Low-income or credit-challenged
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Natural Gas Trends
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Rates
Credit
Aggregation
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Energy Competition in Georgia
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1.8 million residential natural gas accounts
$1000/year (average household)
$1200/year (African American household)
Choice of 12 marketers
Switch rate < 2% of eligible accounts
 No competition, just higher rates!
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blackEnergy’s Georgia Co-op
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Supplied by GasKey
Exclusive co-op offer:
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Lower rates
Dedicated service
“Credit privacy” option
Online enrollment at blackenergy.com
1-3% donated to selected nonprofits