PUCO Reverses Position on AEP Rate Case

As reported in the Cleveland Plain Dealer today, the Public Utilities Commission of Ohio (PUCO) ruled yesterday, February 23rd, to disapprove the settlement agreement in AEP-Ohio’s rate case.  This reverses their December 14th decision to approve the settlement.  Note that IEU-Ohio was the only business group that opposed that settlement agreement.  The PUCO press release stated: […]

Share

Successful Energy Conference

With almost 600 attendees, the 16th Annual Ohio Energy Management Conference, which was held earlier this week in Columbus, was a huge success.  Matt Brakey, as chairman of IEU-Ohio, served as the emcee and made presentations at two workshops.  Mike Brakey was also a presenter at another workshop.  You may find the presentations on the […]

Share

AEP’s New Rate Plan

On December 14th, 2011, the Public Utilities Commission of Ohio (PUCO) issued an order that: Modified and approved the settlement filed on September 7th in AEP’s electric security plan (ESP) proceeding; Approved the settlement in AEP’s distribution rate case; and Approved the proposed merger of Ohio Power and Columbus Southern Power to form AEP-Ohio. New rates […]

Share

Low Natural Gas Prices

We recommend using natural gas over electricity wherever it makes sense.  One million BTU’s of energy equates to 970 cubic feet of natural gas or 293 kWh of electricity.  For example, if your average electric cost is about 10¢ per kWh, the burner-tip price of natural gas would have to exceed $29 per thousand cubic feet […]

Share

Reducing Household Power Consumption

In this article in today’s Plain Dealer, John Funk describes how Mike Brakey cut the electric consumption in his Shaker Heights home dramatically through various measures, including replacing all the light bulbs in the house with LED’s.  Here is more detailed information on what LEDs were used. We installed 88 LEDs at a total cost of $2,400 over […]

Share

Power Quality in Geauga County

We wanted to let you know about an upcoming educational forum, sponsored by the Geauga Growth Partnership and FirstEnergy, for energy intensive businesses in Geauga County. The topics include: Power quality Distribution system energy efficiency Distribution automation Volt/var control Distributed generation Power Quality in Geauga County Wednesday, February 8th 7:30 to 9:30 A.M. (Breakfast served at […]

Share

Natural Gas Prices Falling

The NYMEX settlement price at the end of December was $3.084 per thousand cubic feet (Mcf), down 8% from $3.364 at the end of November.  For Dominion East Ohio commercial and residential customers under Choice, the price to beat is NYMEX plus $1, or $4.084 per Mcf beginning in mid-January.  For more information, you may read […]

Share

Choices for Natural Gas

In recent years, the Plain Dealer’s John Funk has written a number of articles on residential and small commercial natural gas prices. John’s most recent article from Sunday, December 25 is How to choose the best natural gas contract. Commodity prices of natural gas haven’t been this low in a decade.  We have recommended that […]

Share

FirstEnergy’s Energy Efficiency Charges

FirstEnergy passes on the costs associated with Ohio’s energy efficiency mandates to their customers through a charge called the DSE2 charge.  FirstEnergy recently announced their new DSE2 rates that will take effect on January 1, 2012.  The current and new rates in cents per kilowatt hour, by utility and rate schedule, are summarized in the […]

Share

McDonald’s Owner in the News

Brakey Energy is proud to work with many McDonald’s franchise owners in northern Ohio on energy management strategies.  One of those owners was featured in this article in the November 17th issue of the Sun Press: After 53 years, Karos is still lovin’ it.

Share