As one of the top retail energy marketers in the country, Noble Americas Energy Solutions supplies natural gas and power to our customers' sites throughout the United States.
As one of the top retail energy marketers in the country, Noble Americas Energy Solutions supplies natural gas and power to our customers' sites throughout the United States. We tailor our products and services to capture the benefits of deregulation while protecting our customers from unexpected increases in energy prices. Our cutting-edge risk-management programs are flexible and designed to meet the unique needs of our customers while providing a wide range of solutions to help meet or beat their budget goals for energy expenses.
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California Nevada |
Since the 1999 opening of the Illinois market there has been steady legislative and regulatory progress towards expanded customer choice and competition. Illinois law permits a utility to declare customer service classes or subsets competitive, if they are served by more than two providers and at least 30% of the customers have switched their service to a competitive service provider. On the ComEd system, serfvice classes greater than 100 kW have been declared competitive and on Ameren, customers greater than 400 KW have been declared competitive. There are a few customer types that are excepted, like condo common areas, but when a customer group has been declared competitive, those customers have an hourly-priced default service. For the non-competitively declared customers, the utility continues to provide a fixed-price default service and the power and energy for that service is provided through a competitive auction held every year by the Illinois Power Agency, ("IPA") which manages the process through Illinois Commerce Commission review. These power and energy contracts have staggered terms so that about 25-33% of the total load is procured every year and the costs are blended with other contract costs. Additionally, the IPA procures renewable resources for the utilities and for non-utility suppliers who must comply with each year's annual compliance percentage by purchasing at least 50% of their compliance total through the Alternative Compliance Payment. Additionally, Illinois passed legislation to implement Purchase of Receivables which requires utilities to take on suppliers' receivables risk for a fee. Ameren already has implemented its POR program and ComEd has a docket pending with a December 2010 implementation time frame. As part of the POR requirement, utilities must also offer to provide a consolidated billing service through which a supplier can have the utility provide one bill to customers. This service, when combined with the POR service, offers to provide new opportunities to suppliers in the mass market and other service categories.
Sempra Energy Trading is a full-service energy trading company - one of the largest in North America.