Abstract
ABSTRCTReliable and reasonably priced energy is a critical need for any business enterprise. The larger a venture, the higher the sensitivity of energy cost for its financial health. Energy costs have risen steadily for last dozen years, according to the U.S. Department of Labor (DOL) actual data, and will continue so for next 20–25 years, forecast by the U.S. DOE. Energy cost has been a factor in siting decisions for energy-intensive production or process facilities, as seen in migrations from the industrial belts in north to the southern states where energy was cheaper. To their credit, the utility companies and local government authorities formed economic development councils to attract local business growth, and they showed positive results. That is the supply side of the market: energy providers and promoters. On the demand side, end-users should also hone their skills to get the best out of the market. The good old days of state-regulated price stability have been replaced by a high degree of price ...
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