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.
Standard Power provides full brokerage services that balance risk and many factors to provide competitive pricing plus ancillary benefits like price stability and renewable energy above the state renewable portfolio standard (RPS) based on customer goals.
In New Hampshire, small hydroelectric facilities can sell power directly to consumers through a mechanism called Group Net Metering. This renewable power can be used by a customer just like electricity from competitive electricity suppliers. Standard Power’s growing program currently administers 20+ hydro facilities in New Hampshire, providing benefits for over 100 clients, reducing energy costs, and increasing the renewable portion of their power supply. Participating in group net metering supports local jobs and investment through local hydroelectric power development while impacting the environment far less than conventional fossil fuel generation sources
Standard Power has 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 new opportunity in New Hampshire for communities to take control of their energy purchases to achieve cost savings and other community goals, including consumer protections and renewable energy. Standard Power has teamed up with nationally experienced community power provider Good Energy to provide superior services at highly competitive rates for existing municipal clients and new customers, to develop their community power programs.
In a community power program, a municipality or county selects vendors and negotiates energy contracts on behalf of its entire community, including residents and businesses not already on competitive supply. Community members can join or leave at any time. Program success depends on high community participation that is determined by competitive costs, consumer protections, and great customer service, all familiar to the municipal buying groups already administered by Standard Power in New Hampshire and the hundreds of community power programs administered by Good Energy nationally.
Community power is also emerging as a key tool toward increased renewable energy supply goals, including 100% renewable electricity by 2030. Sierra Club reports that over one-third of households nationwide are covered by municipal resolutions inspired by their Ready for 100% initiative, including a growing list of cities and towns in New Hampshire. Through the only competitive bid process in New Hampshire to date, the City of Keene chose the Standard Power/Good Energy team to help plan, launch, and administer their Community Power program considering its 100% by 2030 resolution.
For more information, please visit /https://nhcommunitypower.com/
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.