City Reduces Natural Gas Costs With New Open Market Strategy11 Jan 2018
Switching to 3rd Party Provider Could Result in Big Savings
(FORT COLLINS – March 7, 2017) The City of Fort Collins says it expects to pay lower costs for natural gas this year by switching to 3rd party provider United Energy Trading, LLC (UET). Since deregulation such providers offer alternative choices by competing with traditional utility companies. Colorado-based UET says its commercial and industrial customers can save an average of 15% on their annual natural gas costs.
“Since we’re accountable to city residents, we’re serious about energy management and are always looking to maximize savings and reduce greenhouse gas emissions. With United Energy we believe we’ve found an energy partner that has the city’s best interest in mind,” said Stu Reeve, Energy Manager, Operation Services, City of Fort Collins.
Beginning last month, an agreement with UET will provide natural gas to heat the city’s administration buildings and keep city buses powered by natural gas running. UET says that lower costs are just a part of the overall picture. Their experienced account managers based in the Denver-area have trading and price management expertise to provide on-going guidance to help meet the city’s particular requirements.
“With our headquarters located here in Colorado, our team is available at a moment’s notice to assist the City of Fort Collins with any questions or concerns that may arise regarding their use of natural gas,” said Tom Williams, United Energy Trading, LLC President. “In addition to passing cost savings on to the City, our clients benefit from receiving support from our dedicated staff who are committed to providing the highest level of customer service in the industry.”
When the Colorado energy industry was deregulated in 1999, the stage was set for 3rd party natural gas providers to compete with traditional utility companies. UET began operations in 2002 and, having extensive experience in the wholesale market, began providing natural gas directly to commercial and industrial customers in Colorado in 2014. Although it has retail operations in over 10 states, UET is seeing rapid growth among its gas customers along the Colorado Front Range.
Over the last 12 months, UET began providing natural gas to many local organizations including:
- Denver Public Schools
- City of Loveland
- Aurora Public Schools
- Littleton Public Schools
Natural gas distributed by UET is delivered through existing pipelines. UET energy traders search the country for the best prices and buy natural gas in bulk, then pass the savings on to their customers, who also avoid paying certain fees that traditional utility companies may charge.
About United Energy Trading, LLC
Founded in 2002, United Energy Trading (UET) is a fully integrated energy marketing and logistics organization with operations throughout the continental United States and Canada. With 15-years of experience in the wholesale energy market, UET is now also a retail natural gas provider. In a few short years, UET has become the 3rd largest privately held natural gas supplier in the United States and is among the Top 20 overall. Each day, UET delivers an average 2 billion cubic feet of natural gas, enough to heat eight million homes for a year. Commercial and industrial clients average 15% savings on natural gas provided by UET. With its corporate headquarters in Denver, Colorado, UET is proud to provide an unparalleled level of customer service. For more information please visit www.unitedenergytrading.com
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