COSE Electric Savings Program for Business and Home
In partnership with OnDemand Energy, COSE offers an Electric Savings Program that provides both commercial and residential electric savings opportunities to COSE members, chamber partners, applicable chamber affiliates, and the open market.
Why should I enroll?
Electric rates and capacity prices are on the rise. Over the past couple of years, the boom in Ohio shale gas created an energy surplus, lowering natural gas prices. This abundance of natural gas, along with new EPA regulations has encouraged utilities to close their coal-fired plants in anticipation of building new gas-fired plants to generate electricity, reducing expenses and emissions.
The transition from the old to the new power plants has created uncertainty in the market and left fewer generating facilities to meet electric demands, driving electric rates and capacity prices up.
Learn more about the changes in the electric market and how they affect you.
The best option is to enroll in a 3-year fixed rate, locking into a low price before rates inflate further.
Enroll in COSE’s Electric Savings Program
Savings are also passed on to employees of businesses enrolled in our program! To enroll, complete the appropriate form and submit to email@example.com or fax it to (866) 306-7929.
Participating Chambers of Commerce
Thanks to our ongoing partnership, the COSE Electric Savings Program is endorsed by chambers of commerce in Aurora, Ashtabula, Brecksville, Brunswick, Chagrin Valley, Erie County, Euclid, Heights-Hillcrest, Knox, Lakewood, Madison-Perry, Mentor, Middleburg Heights, Noble County, Olmsted, Painesville, Parma, Warrensville Heights and Willoughby-Western Lake County, as well as the Uptown Business Association.
Recently, First Energy Solutions announced it will exit the retail electric market. Though they will honor any existing contracts, moving forward, they will no longer provide pricing solutions to the small commercial and residential market. This means that effective immediately, COSE is operating without a residential electric solution. COSE will continue to provide solutions for the small and large commercial markets. Currently, COSE is working with our partners at OnDemand Energy to identify suitable residential pricing alternatives. We are expecting this process to take anywhere from 4 to 6 weeks. In the meantime, please feel free to reach out to COSE Senior Manager of Energy Services Eli Auerbach by email or phone (216.592.2417) with any specific questions or to be put on a contact list for information regarding our revised residential program.
Questions? Please call (855) 267-3688 or email us.
*If you are a resident or business of a NOPEC community you may be subject to a cancellation fee for opting out of your existing agreement early. If you have questions or concerns about this, talk with a COSE Energy Advisor for further information by calling (216) 592-2205.
The COSE Electric Savings Program is being managed by OnDemand Energy, an independent, objective consultant who has been helping consumers in the Midwest (PJM transmission territory) region shop for third-party options since 1995. OnDemand currently has relationships with all the major third-party suppliers, and between COSE's membership base and OnDemand's existing clients in PJM (30,000 accounts), the buying power and leverage represented is the greatest available in the state of Ohio.
Currently COSE has negotiated third-party pricing via OnDemand Energy that represents anywhere from 15 percent to 30 percent off the prevailing tariff rates. Now is an ideal time to lock in a third-party supply option.