Energy and Black Communities

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Energyand Black Communities

• Sonja EbronblackEnergy

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Value of Energy

• Heated and cooled spaces
• Hot water, cooked food
• Transportation
• Paint, furniture, paper, consumables
• Food, clothing, potable water, prescriptions
• Sewage, trash disposal, services
• The Economy Jobs

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Household Energy

• Gasoline
• Natural gas
• Electricity
• Other
• Heating oil, kerosene, propane
• Diesel fuels
• Other petrochemicals

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Gasoline Infrastructure

• Oil extraction or import
• Refining
• Transportation by truck

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Natural Gas Infrastructure

• Gas extraction or LNG import
• Gas sweetening and storage
• Transportation by pipeline

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Electric Infrastructure

• Production from oil, natural gas, coal, nuclear,
  etc.
• Transportation by transmission line
• Voltage regulation with transformers

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Petrochemical Infrastructure

• Similar to gasoline production
• Pesticides, herbicides, fertilizers
• Plastics, asphalt, synthetic fibers

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Cost Factors SupplyT

• Declining global resources
• Extraction technologies
• Refinery and distribution capacity
• Weather
• Geopolitics
• Regulatory structure

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Cost Factors DemandU

• Globalization
• Domestic population
• Domestic economics
• Conservation
• Efficiency of use
• Electric/alternative vehicles
• Renewable energy

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Natural Gas Choice
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Natural Gas Rates in Georgia
Doubled In 4 Years
Source Georgia Public Service Commission
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Price Forecasts

• Heating with natural gas
• Used by more than half of households
• Marketer rates depend on hedging
• Overall costs depend on weather
• Winter mid-November ? mid-March
• Average 807 this winter vs. 1038 last, down 22
• Rate options
• Fixed vs. variable
• Budget billing
• Senior discounts
• Low-income or credit-challenged

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Natural Gas Trends

• Rates
• Credit
• Aggregation

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Energy Competition in Georgia

• 1.8 million residential natural gas accounts
• 1000/year (average household)
• 1200/year (African American household)
• Choice of 12 marketers
• Switch rate lt 2 of eligible accounts
• ? No competition, just higher rates!

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blackEnergys Georgia Co-op

• Supplied by GasKey
• Exclusive co-op offer
• Lower rates
• Dedicated service
• Credit privacy option
• Online enrollment at blackenergy.com
• 1-3 donated to selected nonprofits