Standard Power consults with each client individually to develop energy procurement plans based on usage profile, level of risk tolerance, and current market conditions.
Most components of an electricity supply contract can be either fixed or variable. The supplier assumes the risk when fixing components, while the client assumes the risk with variable components. Fixed tends to be more expensive because the supplier must hedge against the inherent market risk.
In New Hampshire, electricity generated by hydroelectric dams can be sold via a mechanism called net energy metering (NEM). This power can be used by a customer just like electricity from competitive electricity suppliers. The dams must be small and local (e.g. no more than 1 MW and within the same utility zone as the consumer). Standard Power administers 20 facilities in New Hampshire totaling 10 MWs (e.g. 40,000,000 kWhs/year). As an ancillary benefit, hydroelectric power supports local economies while impacting the environment far less than conventional fossil fuel generation sources.
Standard Power has a developed a unique supply model incorporating elements of both conventional competitive and hydroelectric power. Through this hybrid solution, Standard Power has been able to offer clients power at below market costs.
Community power is a form of group electricity purchasing, similar to the buying groups that Standard Power currently administers for over 27 municipal entities, where a municipality or county negotiates a contract on behalf of its community. The municipality negotiates a supplier, a price, and any extras they might be interested in, such as renewables. Community power program are sometimes called "municipal aggregation" or "community choice aggregation." This is a great cost-saving tool for community members, as well as a way to ensure energy purchasing consumer protections.
Standard Power offers a several solutions for our clients’ natural gas procurement needs. We consult with each client to select the correct plan based on usage profile, level of risk tolerance, and current market conditions.
While Standard Power’s primary area of expertise is the brokering of electricity and natural gas, we have strategic partnerships for addition fuel types such heating oil and propane when putting together comprehensive energy solutions.
The ISO-NE’s mandate is to maintain open transmission systems to ensure fair competition in the wholesale trade of electricity. Part of this mandate is managing and maintaining the Forward Capacity Market (FCM). The ISO-NE determines anticipated capacity three years in advance of the actual delivery year and seeks to procure the anticipated required capacity.
Real Time Demand Response (RTDR) pays businesses for their ability to reduce electricity use within 30 minutes of receiving ISO dispatch instructions. Standard Power can help facilitate clients participate in the ISO-NE’s Forward Capacity Market.
Line loss, wasted heat, reactive power, distortions, and harmonics can reduce effectiveness and efficiency of a customer's facility. Standard Power’s initial step at evaluating areas of potential efficiency improvement is a comprehensive inspection of the client’s entire facility. The assessment includes the client’s energy distribution system, electric load profile, existing lighting, and HVAC systems. Solutions then address each source of waste and loss wherever possible.
Onsite generation can be an effective tool in reducing capacity requirements. For solar generation specifically, peak grid demand tends to mirror the hottest sunniest days of the year, which is also when photovoltaics tend to produce the most energy. Unlike some of our neighboring states, in New Hampshire solar projects need to fit specific parameters to be cost-effective. However, when these parameters are met, solar is viable option as part of an energy solution. Standard Power has expertise the engineering and regulatory requirements to right-sizing solar installations. We have strategic partnerships the leading solar installers in the state to shepherd the project from design to installation.