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On Thursday, June 28, 2024, the Highland County Press reported about a recent Highland County Commissioners’ meeting covering future energy contract options. The commissioners are currently one year into a three-year contract with a fixed rate of 6.44¢ per kWh. County commissioners spoke with Integrity Energy’s Channel & Partnerships Sales Manager, DJ Aultman, to determine if long-term energy cost savings is feasible for Highland County. 

According to Aultman, the county currently consumes 5.6 million kilowatt-hours a year, accumulating $363,000 in annual energy expenses. At the end of their current agreement, Highland County will spend more than $1 million on power. For customers like Highland County, Aultman suggests a more strategic approach to energy contracts to find more favorable terms. Our team is dedicated to helping companies and municipalities save in the long term by keeping an eye on the market. We reach out to high-consuming clients when the market turns favorable, enabling them to make strategic energy decisions. Ultimately, Aultman recommended a block and index plan to maximize long-term savings:

“Your energy price is 6.44¢ per kWh. That doesn’t just include energy. It includes other cost components like capacity, transmission, ancillary services, things like that. There are other fees besides energy. Energy is just a large, large chunk of that price. The indexed contract that I’d recommend locking in now for when it expires just covers all those other cost components.” 

-DJ Aultman, Channel & Partnerships Sales Manager, Integrity Energy 

With Highland County’s current contract terms, it provides Aultman’s sales team with two years to watch the market. This enables Highland County to capitalize on favorable market conditions and secure lower energy rates in their future contract. The county’s current plan will cost roughly $1.1million over the three-year period. However, if they had initially chosen a block and index plan, Highland County could have paid between $800,000-900,000 for the same contract terms. 

Understanding the needs and concerns of high-consuming customers, like Highland County, is what sets Integrity Energy’s brokers apart. Our complimentary services provide unbiased energy advice and tailored solutions for unique energy needs. Contact our Channel & Partnerships Manager, DJ Aultman, if you’re ready to take control of your business’s energy costs! 

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