Knowledge is Power.
AEP OnSite Partner’s Customer Insights blog provides helpful information to help organizations like yours make informed decisions regarding their energy management strategy. Read more as we explore a new energy-related topic each month.
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Energy Management
Every organization, regardless of size or function, is significantly impacted by how they source and use energy for their operations. From optimizing energy procurement strategies and controlling costs, to meeting ever-growing stakeholder demands for efficiency and sustainability, implementing the best solution to meet your unique needs and goals presents a variety of complex challenges. First …
Natural Gas
Over the last several months, the natural gas market has been on a very strong upward pricing trend. In this edition of Customer Insights, we’re going to take a look at some of the factors causing the prices in the market to increase so quickly, examine the difference between the market move now versus a …
ESG
In the alphabet soup of common business parlance, the letters ESG – standing for environmental, social and governance – are certainly not new, but they increasingly get to rub elbows with the likes of EBIT and ROI. Aimed at providing a measure of a company’s long-term sustainability, an ESG score is compiled from metrics relating …
Renewable Energy
It’s getting a lot more expensive to buy the rights to claim renewable energy – in some cases, up to ten times what it cost a year ago! Renewable Energy Certificates (RECs) have long been the easiest and cheapest way for an organization to fulfill a renewable energy commitment, but RECs are no longer the …
Renewable Energy
The interest and demand for renewable energy shows no sign of slowing. Indeed, the growth in demand for renewables only seems to be getting stronger. More and more organizations have sustainability goals that include renewable energy and/or carbon reduction. The focus on ESG (Environmental, Social and Governance) plans is being driven by all sides – …
Resiliency
As extreme weather events and grid outages continue to increase in frequency, it is becoming clear that industry stakeholders must take more control of their electric load to create the business continuity that we have grown to expect in a modern society. One of the most prevalent topics in the energy market today is resiliency …
Demand Management
PJM’s Reliability Pricing Model (RPM) is designed to enable PJM to obtain sufficient resources to reliably meet the needs of electric consumers within their footprint. Savvy energy professionals can optimize outcomes in the RPM capacity market to earn incremental revenue or realize savings. This article provides insights on extracting optimal value from PJM’s RPM for …
Energy Efficiency
Improved energy efficiency is the ‘holy grail’ of effective energy sustainability. Efficiency serves two very important goals: Reduced carbon footprint through reduced consumption Long-term cost structure reduction Organizations such as American Council for an Energy Efficient Economy (ACEEE) estimate an untapped energy savings potential of as much as 30% of usage. Although very few organizations …
Transmission
In this issue of Customer Insights, we will dive a little deeper into what factors drive transmission cost. How transmission costs are billed Most energy buyers are familiar with transmission as a potentially costly line item on their energy bill. Depending on which utility service territory the power is consumed, transmission is either a component …
