California passed a restructuring act in 1997, but it was a disaster as the market rules created many holes that were exploited by wholesale traders. This helped cause the energy crisis in 2000, which led to the suspension of full deregulation. Deregulaiton participants were allowed to continue in deregulation and were labeled “Direct Access Clients.” Direct Access clients represent about 5 percent of the total load in the state. If a participant wanted to return to a utility company, they were given the utility tariff rate and were not allowed to return to shop for a retailer. In 2010, Senate Bill 695 began to take effect as a small portion, another 5 percent of the market, has been allowed to apply and shop for a third-party supplier. This is a very limited part of the market and will happen in stages beginning now until 2014.
Rapid Power Management has offered California-based companies access to the brightest team of energy procurement consultants in the country. From mid-size to large companies, we have reduced energy consumption and lowered electricity costs for businesses across California since 2006. Give us a call to discuss how we can improve your procurement strategy.
Services RPM offers: Management of Energy Procurement
Some of the companies we work with in the West are Siemens, VitroAmerica and Russell Stover Candies. If you are interested in any of these services or have any questions, please call or email the California representative listed below:
James “J.D.” Dodson – Partner
Direct Line: (469) 759-1450
"We partnered with RPM because they offered the best experience and knowledge of the energy market. They were responsive to our needs and presented us with realistic goals when it came to deciding what was achievable as a solution." Derek Chapin, CFO of Woot.com