American PowerNet

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American PowerNet is an independent power company not affiliated with any utility or marketer. For over 15 years, we have been helping clients cut power procurement costs through innovative wholesale and retail supply-side management services. American PowerNet assists large retail consumers "buy direct" in the wholesale market, cutting their power costs 5-15%.

So far, PJM has been the easiest for retail customers buying wholesale, Helm told RT, but his firm has worked with clients in ERCOT, New York and NEPOOL and will operate in MISO when it opens. The company helps assemble a portfolio of short- and long-term supply contracts with spot buying then manages the back-office scheduling and balancing.

One big difference is that the company has chosen to be as transparent as it can be. Fees and charges are always broken out, not hidden within their energy invoices, so companies know exactly what they are paying for. “We gain the trust of our customers because we show them exactly how we make our money. It takes a lot of work on our part. We itemize every single hour’s cost, and that may involve nine different formulas. It could not be done without computers and the Internet,” he said.

American PowerNet is an independent power company dedicated to providing industry-leading energy management expertise to commercial, industrial, and governmental entities. We are not affiliated with any utility or marketer. Our services focus on retail and wholesale energy procurement and reverse auctions, giving our clients a full array of money-saving, supply-side energy procurement management services.

Pittsburgh-based PPG is a global supplier of paints, coatings, chemicals, optical products, specialty materials, glass and fiber glass. The company has more than 150 manufacturing facilities and equity affiliates and operates in more than 60 countries. PPG’s sales in 2007 were $11.2 billion. SigmaKalon, a worldwide coatings producer based in Uithoorn, Netherlands, that PPG acquired Jan. 2, 2008, had 2007 sales of $2.9 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit www.ppg.com .

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