Outsource energy R+D. Control your own supply.
Lock in better than grid pricing. Here’s how.
Unlike our competitors, the Public Energy model isn’t based on selling you equipment or sharing your savings from load curtailment programs.
In our baseload offering – either prime power or combined heat and power (CHP) – you get a fixed price per kilowatt-hour (kWh) for the on-site generation. The baseload provides you cost certainty, with the fixed price per kWh acting as an electricity price hedge.
In our peak shaving / demand response offering, you get the generation capacity on-site for a fixed price per month. No need to curtail load to lower costs. Ever. You get the benefit of demand response without inconvenience for your operations.
Where economically feasible or a customer preference, either option can be provided as a hybrid solution with solar and battery storage.
Pricing
- We provide you with an all-in cost savings comparison based on your historical usage and power bills and your electricity distributor’s approved going forward charges.
- Industrial operations with relatively consistent baseloads save significantly depending on their load profile – even when paying your local utility’s ‘standby’ charges. Industrial customers facing ‘on peak’ rate structures or challenging demand response programs can similarly benefit.
- Savings can be a high six figures.
Market Change
Instead of dealing with grid cost increases and market uncertainty, your savings would continue or end up higher than predicted.
- On-site, behind-the-meter baseload generation offers cost certainty in an erratic electricity marketplace where the rate-payers bear the brunt of infrastructure upgrades and transition.
- Changes to your demand response programs pose little risk when you have no need to meet their peak events.
- If the demand response/curtailment program is revised or restructured, making it more challenging for your company to find cost savings, baseload behind the meter is no risk to you.
- Public Energy bears the cost of any required natural gas upgrades, permits, and certification. We’ll review your environmental approval certifications and other operating permits and identify any required adjustments. We also obtain any other equipment permits, including your electrical safety authority, and municipal permits as necessary.
Financial Stability
Public Energy is backed by the investment arm of a major insurance company. We have low-cost capital to fund our equipment purchases. Our model helps manufacturers transition to lower-emission fuels without risk.
Plan. Setup. Operate
Initial Assessment and Proposal
- Sign a mutual Non-Disclosure Agreement.
- Assessment: Process 24 months of hourly interval meter data and 2 weeks of per-second data to ascertain plant loads.
- Review: we assess 12 months of electricity bills to determine your current ‘all-in’ price.
- We’ll review your single-line drawings to understand plant electrical configuration.
- We’ll review 12 months of natural gas bills (to assess the connection and tariff impact).
- You’ll receive a detailed Customer Report and draft Term Sheet with solution options for either 5 or 10 years – basis for price for energy generated.
Contract Negotiation and Setup
- After you’ve signed the Term Sheet with Public Energy for 5 or 10 years based on your Customer Report findings, Public Energy undertakes a half-day ‘Detailed Site Visit’ to assess electrical, natural gas and civil engineering issues and confirm a plan.
- You’ll negotiate and execute a standard Power Purchase Agreement with Public Energy for either 5 or 10 years.
- Public Energy purchases, for the baseload requirements, a natural gas supply hedge for your needs to support the contract term – removing all gas cost risk.
- Public Energy orders equipment and fabricates the containerized generation solution.
Operation and Maintenance
- Installation and commission of the on-site generation solution at your location.
- Public Energy operates your solution based on mutually agreed terms and provides worry-free, cost-free maintenance for you.
- Public Energy schedules maintenance in periods with the least impact on your operations management and will make adjustments as needed.