Energy advice on demand.Strategic energy asset management firm ConsumerPowerline recently held an educational seminar to teach New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of City's large-scale steam customers how to protect themselves from rising steam costs and the impact of the planned 2007 Consolidated Edison This article is about the utility company in New York. For ComEd in Illinois, see Commonwealth Edison. Consolidated Edison, Inc. NYSE: ED is one of the largest investor-owned energy companies in the United States. steam demand charge. New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. is one of several major cities in the country with a "steam loop" that provides large commercial, industrial and residential buildings with high-pressure steam to help heat them in the winter, cool them in the summer and provide hot water year round. Con-Ed provides steam throughout the entire city, but the vast majority of this resource is consumed either in midtown between 34th and 57th street and in lower Manhattan Lower Manhattan is the southernmost part of the island of Manhattan, the main island and center of business and government of the City of New York. Lower Manhattan is generally defined as the area delineated on the north by Chambers Street, on the west by the Hudson River (North below Canal street Canal Street may refer to:
In 2007, Con-Ed will change the way it charges its customers who are on the steam loop, instituting a demand charge. This change will impact large-scale steam customers potentially increasing the total steam bill for many of them. "ConsumerPowerline has led the fight to bring clarity and equity to the electricity marketplace, and we are bringing the same technical expertise to the steam arena. Our clients look to us to help them manage their energy assets regardless of their form. Steam is an incredibly expensive, historically under managed resource that now has pricing uncertainly associated with it," said Vinay Gupta, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of ConsumerPowerline. "Earlier this year, we partnered with Mosto Technologies to expand our expertise in handling issues with steam management. Now, we are aggressively working with our clients to prepare them for the coming rate changes, and to institute strategies and tactics that will allow them to monitor, manage and negotiate more effectively, when it comes to steam resources." "Buildings on the Con-Ed steam loop often spend as much on steam as electricity. Just one faulty high-pressure steam trap a self-acting device by means of which water that accumulates in a pipe or vessel containing steam will be discharged without permitting steam to escape. See also: Steam can result in losses of more than $35,000 per year. In most buildings, 10-20 percent of steam traps are defective, and many larger buildings have dozens of these traps," said Steve Mosto, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Mosto Technologies. "By implementing our monitoring systems and taking control of the data associated with steam usage, clients have precise information to negotiate better rates for steam usage. Additionally, our clients know when they are wasting steam, and can quickly remediate the problem." |
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