PHILADELPHIA, Nov. 30, 2010 /PRNewswire/ -- GDF SUEZ Energy Resources NA, the retail energy business of GDF SUEZ Energy North America, announced today it will host a webinar on December 8 to help businesses and institutions in the Pennsylvania Electric ("Penelec") and Metropolitan Edison ("Met-Ed") service territories prepare for the expiration of regulated electricity rate caps on January 1, 2011.
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The one-hour event, which begins at 10 a.m. Eastern Standard Time, will feature David Braun, Regional Vice President, PJM, of GDF SUEZ Energy Resources. Braun is a recognized expert in a comprehensive range of subjects related to competition and the expiration of rate caps in Pennsylvania. Topics he will present in the webinar include:
- Understanding how energy is priced
- Determining price risk tolerance
- Managing volatility and risk in electricity pricing
- Understanding the fine print and knowing how to identify hidden costs and fees in a contract
- What to look for in a prospective retail electric provider and what questions to ask all potential suppliers
"GDF SUEZ Energy Resources is committed to providing information that will help businesses make more educated decisions about their energy usage," said Robert Wilson, President and Chief Executive Officer of GDF SUEZ Energy Resources. "I think that everyone who joins us for this webinar will have a better understanding of the opportunities that exist in a competitive marketplace – and how they can take the fullest possible advantage of them."
The webinar is part of an ongoing customer education initiative that GDF SUEZ Energy Resources, the second-largest provider of non-residential electricity in the United States, has undertaken in Pennsylvania. In addition to the Penelec and Met-Ed service areas, GDF SUEZ Energy Resources also serves the regional markets of PPL, PECO, Duquesne Light, and Allegheny Power (West Penn). Commercial, industrial, or institutional electricity consumers interested in participating can register at the company's Pennsylvania-specific website, www.rediscoverenergypa.com.
GDF SUEZ Energy Resources NA is the second largest non-residential retail energy supplier in the U.S. and currently serves commercial and industrial customers in 11 markets: Delaware, Texas, Massachusetts, Maine, Maryland, New York, New Jersey, Pennsylvania, Illinois, Connecticut, and Washington, D.C. The company serves over 60,000 accounts for customers having a peak demand ranging from 50 KW to more than 200 MW, with an estimated peak load totaling nearly 10,000 MW.
To learn more about GDF SUEZ Energy Resources, visit www.gdfsuezenergyresources.com or call 1-866-999-8374.
About GDF SUEZ Energy North America, Inc.:
GDF SUEZ Energy North America, Inc. manages a range of energy businesses in the United States, Mexico, and Canada, including electricity generation and cogeneration, natural gas and liquefied natural gas (LNG) distribution and sales, asset-based trading and origination, and retail energy sales and related services to commercial and industrial customers.
GDF SUEZ Energy North America owns and/or operates cogeneration, steam, and chilled water facilities, including those in construction, representing a capacity of more than 8,000 MW of electricity generation, 6.0 million pounds per hour of steam, and 42,000 tons per hour of chilled water. Renewable fuels – wind, hydro, and biomass – power 23 of the facilities in the portfolio, two of which are among the largest wind farms in eastern Canada. The company's natural gas assets include an LNG receiving terminal in Everett, Massachusetts, which currently meets approximately 20 percent of New England's annual gas demand; an offshore LNG import facility off the coast of Massachusetts; and natural gas distribution networks and pipelines in Mexico that serve nearly 400,000 customers.
GDF SUEZ Energy North America is part of the international energy group, GDF SUEZ.
SOURCE GDF SUEZ Energy Resources
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