Each Energy Service Company (ESCO) requires that you enter into a contract/agreement for the purchase of electricity and/or natural gas. Though pricing is based on all buildings in the group, each building is party to a separate contract. Generally, a contract reflects the pricing, terms and conditions that apply to each participating member. Note that if you choose the Index plus adder contract, rates will fluctuate with the market just like Con Edison. However, we have seen that the rates you will be charged will be less than Con Edison’s rate.
The contract must be executed by each member of the aggregation group. The Authorization Form will give the ABO Executive Director, Dan Margulies, permission to contract on your behalf to ensure timeliness and optimal savings.