Industry News & Events
RPM Appoints a New Pricing Coordinator!
Rapid Power Management (RPM) is excited to announce the appointment of Crystal Renyer as our new Pricing Coordinator. Crystal joins RPM with an extensive accounting and customer satisfaction background to ensure the support and care we provide for our clients is never compromised.
“Crystal will work to get the most out of our vendors and the products they offer. She’ll also be responsible for matching our sales team’s needs with the knowledge and insight that has propelled Rapid Power Management to the front ranks of energy consulting companies in Texas,” said JD Dodson, President of RPM.
With a dedication to expanding knowledge, Crystal will use an educative approach to maximize the effectiveness of her position. She holds a BA degree in psychology from University of Texas Dallas and she and her husband participate heavily in agility competitions with their dog, Kaiser.
Please find Crystal’s contact information below:
Fax: 972-820-0111Read More
Natural Gas Prices are Down – Take Advantage Now!
Energy markets across the board have dipped to multi-year lows over the past weeks. In fact, natural gas rates are at their lowest point since 2012 and prior to that, 2002. The main reasons for the historic levels:
- Low Demand – Winter blasts are hitting the Northeastern US but winter was non-existent in November and December.
- Supply – Natural gas production is strong from shale wells.
- Supply – Natural Gas storage is strong at levels higher than both last year and the 5 year average.
Take advantage of the opportunity to save money by locking in a future contract today! With liquefied natural gas (LNG) exports around the corner and the EPA’s plan to retire coal plants, demand for natural gas is set to increase, so how long will these low rates last?
Since you began working with Rapid Power Management, our strategy has been to let the market dictate action – not an arbitrary date in the future. This strategy has been successful for our clients and we work toward lowering your energy costs with every action we take.
We are passionate about educating our clients to make smarter energy decisions. Contact your energy manager today to discuss recent market developments and to secure updated pricing!Read More
Super Bowl XLIX: Reducing Lighting Consumption by 75%
University of Phoenix Stadium in Arizona is the first NFL stadium to light its field using only light emitting diode (LED) fixtures.
The stadium retrofitted it’s 780+ metal halides with 312 LED stadium light fixtures before the 2014 season. The new fixtures use approximately 993 watts of energy each compared to the 1,589 watts each metal halide consumed. This brings a cost reduction of about 75%.
Saving money isn’t the only benefit these LEDs have on the stadium. Longer life, better illumination, less heat and instant starts are a few additional advantages LEDs have over standard lighting.
The LED lights at the University of Phoenix Stadium will illuminate the field during the Super Bowl on February 1.
LED lighting solution installed by Ephesus Lighting. See feedback by the stadium’s executives here: https://www.youtube.com/watch?v=Gq-SRfST_uc
Top 10 Benefits of LED vs. Traditional Lighting for Your Business
With the way things are moving, it’s no longer IF you’re going LED, it’s WHEN you’re going LED.
Listed below are the top 10 benefits of LED lighting vs. traditional lighting as outlined by JD Dodson with Rapid Power Management. Get a head start on your lighting upgrade by calling RPM today!
- Energy Savings – Annual kWh reductions range from 40 to 80%.
- Light Quality – Brightness, glare, color management and output consistency is far superior to traditional sources. Directional illumination control of LEDs allows for less light to be used while achieving the same level of brightness.
- Long Life / Lower Annual Replacement Cost – Traditional fixtures and ballast with an average life of 2 to 4 years have to be continually replaced. LEDs don’t use ballast and have typical life from 10 to 20 years virtually eliminating maintenance cost. Note: LEDs never burn out; they just lose illumination, or become dimmer, over time.
- Maintenance Labor Costs – With staff not having to replace fixtures and ballasts, additional hours can be spent on improving critical equipment or working on efficiency in other areas.
- Cooling Cost – Heat emitted from LED fixtures is typically 10 to 20 times less than fluorescent and metal halide fixtures
- Safety – Fragility of handling tubes and light bulbs is a safety hazard. LEDs are semiconductor chips that won’t shatter.
- Carbon Footprint – No Mercury, no PCPs, and the hassle of disposal goes away as LEDs contain no hazardous materials.
- Warranty – With such a long life, warranties are significantly longer than traditional sources.
- Instant Start – No warm up period.
- Flexibility – Fixture sizes and shapes are limitless.
Our mission is educating our clients to make smarter energy decisions. Please reach out to us for a free LED evaluation for your facility.Read More
Companies Exploring Bids to Purchase Oncor
Companies like CenterPoint Energy, Inc., Berkshire Hathaway Inc. and Hunt Consolidated Inc. are beginning to explore bids for Energy Future Holding’s (EFH) Oncor utility. After it’s bankruptcy in April, EFH planned to split Oncor from the rest of the companies. Valued at more than $17.5, Oncor has a total of 10 bidders who have signed non disclosure agreements.
Oncor delivers electricity to more than 3 million homes and businesses in Texas.
For more information please click here.Read More
Panda Power Plant Comes Online
Yesterday, September 25, Panda Power commissioned a 758-MW combined-cycle power plant in Temple, Texas. The facility has the capacity to power the needs of up to 750,000 homes. A second power plant will come online next summer. It has an expected output of 1,516 MW.Read More
CNG Motor Fuel Lucrative For Texas
As we all know, the abundant natural gas supply the United States has discovered has helped make natural gas prices decrease. In turn, natural gas has become an attractive alternative motor fuel.
Especially popular in Texas, compressed and liquefied natural gas sales accounted for nearly $2.2 million in tax revenue in the first half of 2014. In order to encourage use of the fuel, Texas changed its taxing structure on compressed natural gas to make it a more attractive option for station operators.
According to the Department of Energy, compressed natural gas (used to fuel vehicles) sold for $2.15 per the gasoline equivalent in April. This is approximately $1.50 per gallon cheaper than gasoline.
Natural gas fueling stations are more expensive to build than a gasoline fueling station and availability remains sparse. There are 51 public compressed natural gas fueling stations in the state of Texas – mainly clustered in the Dallas and Houston area.
Natural Gas Production Increases in July
According to Bentek Energy, natural gas production rose by 0.5 Bcf/day during the month of July versus June. On July 30, production set a one day record high of 69.3 Bcf/day, surpassing the previous record in June.
“The U.S. has moved past 68 Bcf/d and we’re now talking about what day production will surpass 70 Bcf/d,” said Jack Weixel, Bentek director of energy analysis. He added that 70 Bcf/day in production would calm most fears about depleted storage levels going into winter.
Please see the Platt’s article here.Read More
LNG Facilities Use New Process For Approval
The US Department of Energy announced in May changes to the process for approving liquefied natural gas export facilities. Now, the DOE will only issue final rulings after the Federal Energy Regulatory Commission (FERC) has completed an environmental review of the project.
The FERC process costs companies up to $100 million to complete, while the export application with the DOE costs about $20,000. This new rule will shift focus away from the DOE and onto FERC.
This policy will not affect companies that have already received conditional approvals but does affect Cheniere’s Corpus Christi project. The project is due to receive its final environmental review in October. From there – they will seek DOE approval.
For more information, please see the Reuters article here.Read More
Low Electricity Demand a Result of Economic and Technological Changes
According to a Wall Street Journal article, electricity use no longer follows overall economic conditions, including GDP. Technological advances and government regulation have led to Americans using less energy.
American Electric Power Co., a Columbus, Ohio based power company saw customers starting to retract energy usage in early 2009 because of the recession. Executives assumed businesses and consumers were being conservative with usage and it would bounce back eventually. Five years later, electricity sales still haven’t reached the peak from 2008.
Historically, economic expansion meant expanding electricity sales. The EIA stated it, “no longer foresees any sustained period in which electricity sales will keep pace with GDP growth.”
For more, please read the WSJ article in which this information was derived from.Read More