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November 16, 2016 By Tom Sherman

What the FirstEnergy Solutions-NOPEC split means to you

FES won’t be supplying power to NOPEC customers after December 31, 2016. The split has turned into a legal battle being fought in a Summit County courtroom. At the heart of the dispute: whether or not NOPEC is allowed to cash a multi-million dollar check from a line of credit setup in 2010 as one of NOPEC’s conditions for entering into its agreement with FES. The line of credit was meant to act as an insurance policy in case FES went out of business, was acquired or could not supply the discounted power to the consortium’s customers.  The Plain Dealer’s John Funk wrote an article on November 1, 2016 outlining customer options.

Basically, customers can sit back and do nothing and they will not lose power. What’s at stake is who will be their new supplier and what will their price be.

We are advising our customers to take control in order to minimize their cost of energy and maximize their opportunity during the current favorable market conditions. NOPEC customers can call us at 440.665.9491 to get the facts about what will happen and to know their best options.

Filed Under: Featured, Latest News

What Our Clients Are Saying

“It has been a pleasure working with Laura and Tom Sherman and Sustainable Energy Services over the past three years on our energy procurement.  They have saved our company many thousands of dollars on our energy spend year over year and I have appreciated the regular and timely insights on our electric and gas accounts. Tom completed an energy audit of our facility and uncovered many opportunities to reduce energy consumption.  He also made us aware of a tariff opportunity that will save us … Read more
Wayne Pedlar, Chromaflo Technologies
Tom did a complete audit of our facility and then mapped out a strategy that we have followed for the last 4 years.  To date we have saved 47%.  We were so delighted with our results, we asked him to help us with our 3 other plants.  Tom is very professional and a joy to work with.  I would not hesitate to recommend Tom and his firm if you are looking for a high integrity expert who gets results.  
Jeff Weekley, CFO, Mantua Mfg. Co.
In today’s retail environment, margins tend to be diminishing all over the place; retailers need to get creative in order to stop the bleeding, find ways to increase sales, and move the needle on the trend to stay alive and relevant.  One expense area that I noticed was significant was our electric bill, and I decided to delve into how to potentially reduce it.  After researching solar alternatives, it was suggested to me that I first conduct an overall energy audit to identify where and how o… Read more
Charlie Bassett, CEO, Bassett's IGA
Tom did a complete facility energy audit, which got us started on reducing our energy consumption. From his report, we were able to improve our lighting, replaced our old boilers with infrared heat and tackled our compressed air system.  Since 2010, these and other projects help us achieve a 41% reduction in natural gas usage and an 18% reduction in our electricity usage.  Tom has always been available for special projects or advice whenever we needed it.   It has been a pleasure to work with… Read more
Chris Schwartz, President, G&S Metal
Sustainable Energy Services performed a complete facility energy audit, showing us how we could save 30+% on our energy usage.  From the final report it was clear we needed to move first on upgrading our lighting. Looking at the math, it was a no-brainer. Based on the unbiased financial analysis provided in the report, we saw a clear way to upgrade to all LED lighting with less than a 2 year payback so we implemented it.  SES also helped us with utility rebates, get competitive bids and secure… Read more
Terry Schordock, Property & Systems Director, Bay Presbyterian Church

News and Updates

Tom is honored again to be selected as a speaker at the 2020 AEE East Energy Conference in Cincinnati, OH, April 21 & 22

The 2020 AEE East Energy Conference will be held at the Duke Energy Convention Center, Cincinnati, … [Read More...]

Tom will be presenting Motors & VFDs at OTCOs 58th Annual Water Workshop in Columbus March 10 and 11, 2020

Tom will be presenting on Motors and VFDs: How They Work and When They Don't at the Operator … [Read More...]

Tom is presenting “Compressed Air Auditing: Going Deeper for Better Results,” at the AEE World Energy Conference

Compressed air audits often miss areas that would further reduce energy consumption, more accurately … [Read More...]

Tom is honored to be speaking again on motors and VFDs at the AEE World Energy Conference

Tom will be presenting on "VFDs and Motors: How They Work, " at this year's annual AEE World Energy … [Read More...]

Laura and Tom are presenting at the OTCO Class III & IV Workshop July 30 & 31, 2019

Laura and Tom are honored to be presenting once again at the Operator Training Committee of Ohio … [Read More...]

Tom is honored to be selected as a speaker at the 2019 AEE Energy Conference East

The 2019 AEE Energy Conference East will be held at the Hynes Convention Center in Boston on March … [Read More...]

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