Dean M Barlow
Director Client Services
212-930-9300 ext 201 :
____________________________
I have attached an analysis of the Electric Rates used at 50 West 97th St for the past 6 months.
I have also attached the documentation that we use to calculate such rates.
There are two charges for the electric power, one from Con Edison for "T & D" [transportation from the energy provider to the building] and another from Hudson Energy for the actual " kWh's" [kilowatt hours] used.
You will note that the calculated rates are based on exactly what Stellar pays for the power.
There are no mark-ups or other amounts added to the bills.
In the period 06-3-08 to 07-02-08 (the month of June 2008) you see a large increase of 29%. This is because, in the summer months, Con Edison is allowed to charge a premium for electric power.
You will also see that the Tenants usage will increase significantly due to the use of air conditioners ... this June was very hot and the usage in all 200 buildings we bill electric for is way up.
It would be a good idea for the Tenants to go to the Con Edison website and look at the conservation ideas that are presented there.
Our meters are working accurately .... people are just using more energy.
Dean
Dean M Barlow
Director Client Services
212-930-9300 ext 201
| FROM | To | # Days | KwH | Con Ed (transp.) | Hudson Energy | Total | Price per KwH |
| 1/2/08 | 2/4/08 | 34 | 4141,600 | $5,662.37 | $22,198.33 | $22,861.20 | $0.1968 |
| 2/4/08 | 3/5/08 | 30 | 129,600 | $4,493.23 | $19,271.63 | $23,764.86 | $0.1834 |
| 3/5/08 | 4/3/08 | 29 | 117,600 | $6,759.59 | $12,646.78 | $19,406.37 | $0.1650 |
| 4/3/08 | 5/2/08 | 2929 | 109,200 | $7,128.52 | $12,483.21 | $19,611.73 | $0.1796 |
| 5/2/08 | 6/3/08 | 3232 | 122,400 | $7,558.34 | $15,856.86 | $23,415.20 | $0.1913 |
| 6/3/08 | /2/08 | 2929 | 156,000 | $13,071.13 | $25,536.11 | $38,607.24 | $0.2475 |
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