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Family Energy Cold Call: The Key Number

A cold call from Family Energy, completely in violation of our presence on the FTC Do Not Call registry, produced an offer: “lock in” a rate of 8.9 ¢/kWh for two years. My experience has been that anybody cold calling me does not have my best interest in mind and a few minutes of search-fu showed that, while Family Energy may not be a scam, they certainly employ unique marketing methods for an “energy supply company”.

For reference, the last two years of Central Hudson supply charges:

Central Hudson Gas & Electric  
Dollars per kWh  
Date MFC Supply Ch Market Price Market Pr Adj Net Supply Ch
2012-03-08 0.00190 0.05982 0.00635 0.06807
2012-05-09 0.00190 0.05665 0.00524 0.06379
2012-07-12 0.00191 0.06396 0.00532 0.07119
2012-09-10 0.00196 0.07805 0.00260 0.08261
2012-11-08 0.00196 0.05206 -0.00100 0.05302
2013-01-12 0.00196 0.05027 0.00322 0.05545
2013-03-12 0.00196 0.08340 0.00241 0.08777
2013-05-09 0.00196 0.07359 0.00116 0.07671
2013-07-10 0.00197 0.05458 0.00397 0.06052
2013-09-09 0.00203 0.08143 0.00420 0.08766
2013-11-05 0.00203 0.06634 -0.00368 0.06469
2014-01-08 0.00203 0.05816 0.00061 0.06080
2014-03-12 0.00203 0.14779 -0.00534 0.14448
 
Average 0.07514

That’s the only part of the bill Family Energy (and other suppliers) can replace; the remainder pays for delivering the energy to our meter.

Family Energy’s marketing obviously plays off the staggering price spike in the most recent bill, but the CHG&E rate is lower than their “locked in” offer. In fact, if you exclude the last line, the CHG&E average is 6.9 ¢/kWh. The price spike came from the 2014 midwinter natural gas shortage and, assuming no simultaneous equipment failures, prices should return to the normal pattern.

We may be building / upgrading pipelines, but expect the usual stalling, because environment.

Family Energy does offer a $25 cash-back if your annual bill exceeds the CHG&E rate, up to a maximum of $75, but that’s chump change compared to the size of our bills…

All I know is what I read on the Intertubes, but it seems the Family Energy door-to-door sales droids have even less interest in overall customer satisfaction.

Comments

2 responses to “Family Energy Cold Call: The Key Number”

  1. brianjwp Avatar

    You state that “For reference, the last two years of Central Hudson supply charges…” but the chart shows dates into 2016…

    1. Ed Avatar

      Good catch!

      That’s a classic spreadsheet error, compounded by a copy-that-range fumble.

      Fixed!

      Thanks…