CRCOG is pleased to announce a new program which can help you save money on your electricity bills: the CRCOG Electricity Consortium! Partnering with a trusted reverse auction aggregator, World Energy Services, Inc., CRCOG is offering this service to its members and the members of the Capitol Region Purchasing Council. 

A summary of our first reverse auction, held on July 14, 2009, is below.

We are recruiting additional towns/boards of education/agencies for future reverse auctions.  Please contact Jennifer March-Wackers at jwackers@crcog.org or call (860) 522-2217 ext. 239 to learn more about the Consortium.

Electricity Program Information

(from the February 25, 2009 Informational Meeting)

• PowerPoint Presentation (what is reverse auction, how the program will work, decision making and the procurement committee, performance clause, information we need from you)
• What Goes into a Fixed Electricity Price in Connecticut (from World Energy)
• More about World Energy

• CL&P LOA
• United Illuminating LOA

IMPORTANT NOTE: CRCOG has lowered its fee for the Electricity program!  The maximum fee for CRCOG and World Energy's services through the Electricity program is now a combined maximum of $0.00146/kWh.   Please contact Jennifer March-Wackers at jwackers@crcog.org or call (860) 522-2217 ext. 239 for the new sliding scale.

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Summary: CRCOG Electricity Reverse Auction, July 14, 2009

The Capitol Region Council of Governments conducted a reverse auction for its CRCOG Electricity Consortium on July 14, 2009 with an estimated savings of over $400,000 for its members over a two year contract term. Over 41 million kWh were auctioned for 14 municipalities, boards of education, and agencies participating in the first reverse auction for this consortium conducted by CRCOG consultant World Energy Solutions, Inc. (NASDAQ: XWES).

The CRCOG Electricity Consortium, a Capitol Region Purchasing Council program, created pricing groups with various green power requirements (7% for ten of the members, the state minimum, and 20% for the remaining four, the state minimum plus 13% additional, who are 20% by 2010 communities). The green energy was acquired Class A-1 Certified Green Energy through the auction to comply with requirements of the 20% by 2010 program. The pricing for accounts in the auction was “all in” which controls costs for 11 fees that make up electricity costs. This does not include the utility delivery charge.

Savings estimates were based on average current market pricing (Price-to-Compare, below) prepared by World Energy for fair market value of the consortium’s load profiles. Current utility rates are even higher and a price comparison would reflect even greater savings. CRCOG and World Energy’s fees are based on these savings figures on a sliding scale.

Capitol Region Purchasing Council members who participated in this auction included: CRCOG, the Eastern CT Health Network, the Greater Hartford Transit District, Town of Bloomfield, Town of Bolton, Town of Bolton BOE, Town of Canton, Town of Canton BOE, Town of Darien/BOE/Library, Town of East Granby, Town of Newington, Town of North Branford, Town of Plymouth, Town of Wethersfield, and the Wethersfield BOE.

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More information for Natural Gas Consortium Members can be found on the Purchasing Publications Page.