How Natural Gas savings works

I was surprised about how many of you already contacted me and faxed me their Utility bills so I could have the  comparison reports done for you.

As I mentioned I'm working with a large Natural gas company who supplies a better rate than the Utilities. Below is the link to the company that I'm working with.

http://www.greateasternenergy.com/

Here's are PSE&G, Con Ed and Keyspan encouraging you to shop your Gas rates: I'm working with all three through Great Eastern Energy.

http://www.pseg.com/customer/home/bill/understanding.jsp#anchor1
http://www.poweryourway.com/faqs.asp#q2
http://www2.nationalgridus.com/energy/choose_region.jsp?sect=/energy/purchase/suppliers


You all had some great questions so I decided to post some for everyone. 

1. Can I switch back anytime if I'm not happy?

Yes as long as you don't have a 1 or 2 year contract. Even then you can switch out but you may have to pay the difference in price from what they bought the gas at to what the market is.

2. How do I know if I should take the market rate or a contract?

That's always personal but the way I see it is if I know what my savings is and I'm guranteed that rate through the contract I would rather have the guaranteed savings.

3. Does my bill change if I switch over through you with Great Eastern?

No. Nothing changes except the savings on your bill

4. What if I have a problem or smell gas?

Call your Utility company as you always have. Nothing changes except how much you pay for the Gas.

5. Do I need new equipment?

No. The existing equipment stays the same.

6. This sounds too good to be true how can I save more money than with the Utility company?

The Utilities had a monopoly on the distribution and commodity they sold in gas and energy just like the Telephone companies. It was deregulated and they allowed you to get a better rate using Suppliers. It's no different than you phone or cable service. The Utility companies cannot make money on your Gas only on delivery. They have no incentive to buy the Gas a a very cheap price since they can;t make anything off it anyway. They want you to change suppliers.

7. How do I look at the savings rate?

Just send me an email with your contact information. I will call or email you back. You fax or email me your bill and I'll have a comparison report run for you and send it to you. If you like the savings I'll send you a form to make the switch and then choose your plan. That's it.

8. I have a business can I participate in the savings also?

Any user of Natural Gas (Just look at your bill) can save money on their gas bill.

9. I own multiple homes can I sign up for more than one?

Yes you can ad as many properties as you like. I just need each individual bill to make the changes.

10. How much will I save?

Everyone's use is different but typical users save about 15% on their yearly bill.

Thanks again for all your questions and looking forward to helping more people to ave money on their Gas bills. Hey more money to buy stocks!

Marc Roth

Do you live in New York or New Jersey

I met with a Natural Gas supplier who saves homeowners and businesses money on their Natural Gas supply. Typically from what I saw the savings run from 10-25% depending on location and usage.It can be anywhere in the states of New York or New Jersey at present. 

This is how it works. The Natural Gas and energy companies were deregulated allowing third party providers to offer SUPPLY on the gas. If you look at your Utility bill you will see two sections of you have Natural gas. One is for Electric and the other for Gas.
http://www.naturalgas-electric.com/deregulation.asp

There are two elements of both. Delivery and Supply. Your Utility company charges substantially higher rates on the SUPPLY (which is largest part of the bill) than third party suppliers. I did this years ago on the electrical side for several commercial buildings and a house. The savings we're significant. I'm now doing the same thing on the Natural Gas side which if you have looked at your Gas bill it's a big number.

The company I'm working with is very substantial and I know the owner personally. They are not new to the industry at all, serve over 4,500 clients small, medium and large. They serve municipalities and consult on how to save money on self generated energy. They have offices in Houston, Louisiana and New York. They work with the Utility company directly and are well established.

Here's how it works. I provided to them a copy of my Gas bills. They run a comparison report showing what I spent and what I would have spent. In the case of the house it was only $60 a month but hey better in my pocket than the Utility company.

They gave me the report and three choices for my plans:

1. Take the market rate which changes just like a stock (Natural Gas Commodity rate)
2. Lock in the rate for 1 year
3. Lock in the rate for 2 years

If you have done this on your Electric then you already know this is a very good way to save a lot of money on your Utility bills.

I look at it this way. If I'm filing up the care with Gas and one guy is $2.90 a gallon and the station across the street is $2.80 I'm going to take the gas at $2.80. Who wouldn't, it's gas.

I receive the same bill from Con Edison or PSE&G. They provide the delivery, fix any issues and are fully responsible for any problems. Nothing changes except the who I'm buying the supply from and the savings. I signed the form and sent it in. They take care of the rest. In 30-60 days the new lower rates are applied.

If you like me like to save money on Utilities then here's what you can do. Send me an email and I'll email you or call you. You can fax or email me the bill. I send it in for you, get the comparison report and the contract. You decide what plan you want, sign the form, send it back and that's it.

I thought it might be a good idea to let people know especially in these times how to save some money on their bill. I'll send you all the documentation on the supplier. If you have a commercial building, business, rent out apartments or your home your looking at a nice cut in your Bills.

Marc Roth

Toyota Motors (TM)-Another day, another problem or two

On a daily basis there is another problem for Toyota and possible recall issues. Toyota with a pending Senate investigation about to start next week is looking into some power steering complaints in the Corolla. They say that there are less than 100 complaints.

Typically companies of Toyota's size would never look into a small amount of complaints in such a large production vehicle but with the way they handled the accelerator issue they are taking no chances.

They are under pressure from Senate hearings looming and you can be sure it will plastered on every TV and newspaper across the world. Aiko Toyoda has said they he will attend the hearings if asked however the U.S. executives are scheduled to appear. Even with his limited command of English his absence from these hearings is a big mistake. It will be perceived as he is not being fourth coming with what he knew and when. As Harry Truman said "The buck stops here".

The law firm of Waite, Schneider, Bayless & Chesley Co., L.P.A. filed a class action lawsuit in Kentucky under RICO. This is an unusual step and usage of the racketeering statue. The basis is that Toyota knew about the issue for years and did nothing to inform the public or the dealers. Instead they kept selling the vehicles and ignored safety issues

Here is the law firm for all Toyota owners


Stanley Chesley who is the attorney handling the case believes that Toyota knew about the issue and is hiding information. Toyota has refused to give the government the event data recorder (EDR) which would show the causes of crashes. Think of it as the black box in airplanes for cars. If Toyota has nothing to hide surely they would give the investigators the EDR's. I can only guess that Mr. Chesley has some insider knowledge on the issue.

The other unusual factor about this RICO case is that Mr. Chesley is asking that Toyota be forced to make payments on the vehicles being recalled until they have been fixed and approved by the Government. The basis is that people cannot safely drive their cars and should not be responsible for their payments since Toyota knew about the issues ignored and tried to hide them for some time.

I don't currently own a Toyota but if I got a letter in the mail saying that if I sign up to be a part of the lawsuit and have the opportunity to have Toyota make my payments for me I certainly would do so.

If Mr. Chesley's assertions are correct this could wind up costing TM and it's shareholders a lot more than the estimated $2 billion dollars already quoted. This is something that could take years to turn around since the public would be outraged that Toyota knowingly sold them an unsafe vehicle and tried to hide it.

The repercussions of this lawsuit could be substantial even if Toyota is not found guilty. If he can actually show or it's perceived by the public that Toyota knew about the issue and sold those cars and caused even death you would see consumers walk away from the brand in droves. That would affect resale values and a well as sales. Perceptions become realities even when they are not the case at times. We already know there is a recall. The when and who knew is the bigger unanswered question.

I think the shareholder and the market as severely underestimating the cost associated with these issues. This is no longer just an accelerator or floor mat issue. The companies reputation is on the line.

We saw what this did to Audi who is a small manufacturer. They were actually found not guilty. Look what it did to them for years.

Ford (F) back in the 70's had the Pinto memo scandal. In that memo it showed that Ford knew about the issue of the gas tank exploding on impact and ignored it for an $11 part. Ford also was found not guilty but the damage was done.

I am long on TM puts and will continue buying more. I'm convinced that this will have two plays. One is on a very overvalued TM pps and the other to be long on F. As I said before this is only beginning. You are going to see substantial sales increases from all the competitors. Ford is the only domestic play so money will flow into the stock at some point. The when is hard to say but you want to own in my opinion.









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