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Energy Group members take advantage of low market prices!!

By August 24, 2011
OfflineMargaret Harrison

EMC Energy Group members participating in the Electricity hedging program were able to take advantage of the current low market prices in securing a Peak (5X16) hedge for Calendar 2012 at 5% below the target price.

This provides an estimated savings of 25% over current retail offerings.

ECNG, EMC's Energy Group procurement partner through a competitive tender strategy was able to leverage the combined volume for the participating members to reduce the initial price quote by approx. 2%.

Through the participation in the EMC Energy Group hedging program members have ensured that their future electricity costs will reflect today's lower prices.

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