Do you know that by being a member of the Delaware Restaurant Association (DRA) you can participate in a member network of electric users who have the opportunity to protect their electricity budgets?
With membership comes peace of mind!
How can you stop your supply price from increasing year after year? The DRA's electricity purchasing program can help your business gain better control of these costs. The DRA has teamed up with Direct Energy, a competitive electric supplier with more than 5,000,000 customers in North America, to provide your business with reliable supply at highly competitive pricing. Benefits of the program include:
- Long term fixed pricing: terms up to 5 years
- Assignability : important if you sell your business
By choosing to do nothing, Delmarva Power will remain your supplier “by default.” Delmarva’s supply and transmission rates that went into effect June 1, 2007 will continue until May 31, 2008. Delmarva’s Standard Offer price beyond May 2008 won’t be known until next spring.
Why buy now - and what to consider
The energy market has generally shown a pattern of overall increasing prices. Over the last five years the average price for natural gas has gone up 100%*. Why natural gas prices? Because natural gas is the most popular fuel used when new power plants are built. The electricity you buy is related to what happens to natural gas. Future prices of natural gas are affected by how fast crude oil prices rise, hot summers (more electricity generation) cold winters (more heating demand) and hurricanes (storms in the Gulf of Mexico can remove 25% of the U.S. supply).
Buying for the long term can help reduce the risk of the impact of rising crude oil prices, cold winters, hot summers, and hurricanes. This is why Direct Energy is pleased to offer longer terms that eliminate these risks. Even if you have not recently experienced increases in prices through Delmarva, the risk of future price increases remains. So take a step to secure the future of your business by purchasing long term power.
An open enrollment period will be announced shortly. To receive electricity price quotes please contact DRA’s office toll-free at 1-866-372-2545, e-mail Carrie Leishman at delrest@aol.com or contact Direct Energy's Charlie Lapolla at 1-732-494-0089 ext. 222, email DRA@directenergy.com
* Source: U.S. Department of Energy, Energy Information Administration