GreenPointe.Energy Helps Local Organizations Hedge Rising Energy Market
COATESVILLE, PENNSYLVANIA; July 2010 – GreenPointe.Energy orchestrates energy procurement contract for Lambert Spawn. Jason Ulshafer, president, announced that Exelon has secured the winning bid out of seven other competing suppliers.
Greenpointe.Energy has helped Lambert Spawn, a local mushroom farm, secure a long term energy contract. GreenPointe.Energy, using a new and advanced online auction platform, conducted the auction at 10:30 AM on July 1st. The auction closed at 11:30 AM. Because of the auction held by GreenPointe.Energy, Lambert Spawn will secure a better price for the 5 million kilowatt hours the county uses annually, resulting in immediate savings.
Holding these types of auctions helps companies preempt the pending deregulation and electric rate increases that will take effect January 1st, 2011. Lambert Spawn has successfully hedged rising energy costs in PECO territory which experts say will prevent a rising 10 to 20 percent increase in energy costs come January 1st, 2011.
About GreenPointe.Energy
GreenPointe.Energy is a single point of entry solution provider specializing in renewable energy development, energy procurement and energy management technologies.
Contact Info: info@greenpointeenergy.com
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