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The RIMA Energy Program
The Rhode Island Manufacturers Association and Constellation Energy—the nation’s leading competitive electricity supplier—have teamed up to provide eligible RIMA members with the benefits of innovative energy power solutions.
In addition to competitive electricity rates, the Constellation portfolio includes renewable energy certificates to help companies advance their sustainability goals, as well as load-response programs (which compensate users for reducing energy during periods of peak demand).
The result: The RIMA Energy Program can help members to stabilize energy budgets and take advantage of "green energy" and "load response" product opportunities.
Who should join?
RIMA members across all industries are eligible to benefit from the RIMA Energy Program.
Why join?
Eligible RIMA members can manage energy costs in new and powerful ways with the RIMA Energy Program’s full range of integrated energy solutions. Whether you want the cost certainty that a fixed price solution offers, the ability to have access to real time market pricing that an index solution provides, or a more sophisticated risk mitigation strategy, the RIMA Energy Program has what you’re looking for.
Fixed Price Solution: Lock in your price so you are not exposed to market price changes.
Flexible Index Solutions: Lock in your prices when you want to so you can take advantage of market price changes.
Index Plus Block Solutions: You decide how much of your usage will be at fixed prices; the difference between your usage and your fixed volumes will be charged market index prices.
Load Response: Get financial rewards for using less energy on days when regional power grids are under stress.
Online Energy Management Tools: NewEnergy Online gives your community access to online energy management, allowing you to monitor invoices online 24/7 and streamline processes to improve efficiency.
Renewable Energy Certificates: Meet your business’s environmental objectives with Green-e Energy Certified Renewable Energy Certificates (RECs) from wind power. More information on Green-e Energy certification is available at www.green-e.org.
Better Buying Power
Some RIMA members may have the ability to join an electricity aggregation through the RIMA Energy Program. Joining an aggregation gives your business better buying power, which could result in lower costs and increased options than available when purchasing energy on your own:
Group Buying Power: An aggregation provides Constellation with greater predictability when purchasing power. The more consistent or flat the load is, the lower the price.
Additional Services: By serving the aggregation’s electricity needs, Constellation has a unique opportunity to offer additional services to eligible members, including load response.
Want more information?
Constellation Energy’s Charlotte Diogo is your local Business Development Manager for the RIMA Energy Program. Please contact her directly at 617.772.7524 or charlotte.diogo@constellation.com.
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