Energy Purchasing Cooperative Programs
When commercial energy purchasing was deregulated in Maryland in 2002, the Carroll County Chamber partnered with CQI Associates to establish a Commercial Energy Purchasing Cooperative for its members. Since then, the Carroll County Chamber of Commerce – CQI Energy Cooperative has helped hundreds of area businesses realize long-term budget stability. In fact, since its inception, CQI Associates has assisted over 20,000 businesses lower their utility bills since 2002.
Attention Members with contracts renewal dates through to December 2020 and new participants
Benefits of the Carroll County Chamber Commercial Energy Cooperative:
- Increased Purchasing Power in procuring electric and natural gas at the most competitive rates to businesses.
- Eliminating the need to ‘go through it alone’.
- Historically, the average co-op member Saves about the equivalent of their July electrical bill and/or their February natural gas bill. When compared to utility S.O.S. rates.
- Budget Stability (no more ‘roller coaster costs’) by offering Fixed Rate energy supply costs.
- Assistance in being Proactive in fulfilling energy buying needs.
- We offer the opportunity for businesses to share in the valuable energy Expertise that the cooperative provides.
We are ready to commence the Campaign for members with contract renewal dates through December 2020 and members that would like to join the
Cooperative. Application deadline is February 28, 2020.
The Clean Energy Jobs-Renewable Portfolio Standard Bill implemented by the Maryland Legislature on May 23, 2019 could result in increased electricity rates by 14% to 18%.
The Bill contains an option to avoid this increase if a contract is signed prior to October 1, 2019. Therefore, seeking a long-term contract extension (or a new contract) now could help you avoid a potential cost increase.
On average, since 2004, the Cooperative electricity rates have been lower than both market rates and the weighted annual utility standard offer service rate by $0.008 to $0.016 per kWh. The natural gas rates have also been lower on average than market rates and utility monthly winter peak indexed rates by $0.11 to $0.26 per therm.
If your current rate is higher than $0.072 per kWh or $0.50 per therm, you may want to consider joining the cooperative and participating in
this next round of competitive supplier pricing.
The current campaign begins February 3 for both new participants and renewal members who have contract renewal dates through to December
2020.
For those who are renewing or signing up as a new commercial customer: LETTER OF AUTHORIZATION
To learn more about the purchasing cooperative, market rate projections, Renewable Portfolio Standards Regulations, and recent changes in law, you can attend one of the following Information Webinars:
To participate, select date above (Ctrl + Click) and continue to registration page.
This program offers FREE informational seminars and webinars about energy deregulation and valuable insight into energy procurement options. CQI manages the member education and bid phases of the program, oversees the transition of the members’ energy accounts, and offers continuing technical expertise to members throughout the term of the energy contracts.
Learn how your business can benefit from joining the Carroll County Chamber of Commerce – CQI Commercial Energy Purchasing Cooperative by visiting www.cqiassociates.com or calling 443-472-3870 for more information.
Residential Energy Co-op
In addition to commercial energy procurement, CQI Associates is also a leader in the Chamber Residential Energy Purchasing Cooperative. CQI offers competitive fixed supply rates to the chamber residential energy cooperative members. To learn more click here or to sign up, go HERE. When signing up, please designate the Carroll County Chamber of Commerce.
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