As of June 1st, electricity bills are expected to rise by a factor of 10, due to a significant increase in "capacity costs" - fees paid to power plants to reserve generation capacity for the future.  

Have you strategically planned and budgeted for this increase?

With the PJM Capacity Market now in full effect, this session will break down the recent changes, what lies ahead, and how these developments impact your energy strategy.

What We'll Cover:

• Understanding Capacity Costs: What is "capacity" and why are you paying for it?
• Rising Prices: Why are capacity prices increasing so dramatically?
• Cost Reduction Techniques: How to reduce your peak demand and lower your capacity costs.
• Strategic Approaches: Effective strategies to shoulder the cost increases, including energy efficiency, demand response, and load shifting.
• Future Outlook: Risks, opportunities, and next steps for your business.

By adopting strategies such as effective energy management, demand response programs, energy efficiency upgrades, and load shifting, businesses can reduce their peak demand, lower their capacity costs, and enhance overall energy efficiency.

Join us to ensure your business is prepared for these changes and to optimize your energy strategy for the future.

Speakers:

Nicole Stika, Director, Sustainability Advisory, World Kinect

John Bodine, Senior Director, National Sales, World Kinect

Bill Oosterom, Director – Sales, PJM/MISO, CPower

Kellen Bollettino, Sr. National Account Executive, CPower

Andy Seelaus, Senior Account Executive, CPower