Sent: Tuesday, March 30, 2010 8:54 AM
To: Jeffrey Kurtz
To: Jeffrey Kurtz
The variable rate concerns me. Has the rate ever gotten above .10?
Carol
From: Jeffrey Kurtz
Good morning, Carol!
There is no history in PA because deregulation just happened, so we’re working entirely with forecasts and experience in other states.
The attached analysis was just done within the last week or so. You will see that the projection is for rates to stay well below PPL’s $.104 level. Even if it went above that in July and August, your savings for the other 10 months would far outweigh a brief rise.
In Massachusetts and New Hampshire the year following deregulation prices fell sharply. Companies who had signed 12 or 24 or 60 month contracts were stranded with excessive prices for the remainder of their contracts.
In addition, you can switch to any other supplier at any time. I you feel that we are pricey for even one month you can let us know and switch to another supplier. We have no fees for canceling.
Be certain to check the terms and conditions of other suppliers. Many have a ‘Forde Majure” clause or a clause that may say “ If the energy market fluxgates this rate may be adjusted”. I saw that on two contracts in Allentown last week.
We have a couple clients who switched half of their accounts to Glacial and half elsewhere to compare for a period of time.
Thanks for the detailed questions!
Jeff Kurtz
Business Development Manager
Glacial Energy of PA
570-401-4843
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