The Illinois Retail Merchants Association’s (IRMA’s) history with Energy Services ─and its position as a not-for-profit 501(c)(6) dedicated to supporting the retail industry─ clearly differentiates IRMA from most who provide energy procurement services.
With the urging of its Members, IRMA developed a multiple supplier procurement platform. In addition to the Association’s long-time single supplier, the platform includes a select number of the country’s most sound and reliable suppliers.
IRMA is the first, and, to date, the only non-for-profit organization to be granted an ABC (Agent, Broker and Consultant) license by the State of Illinois, the license required to obtain pricing from more than one single supplier.
With state ABC licensure, services the Association always provided its Members did not change. What did change, is IRMA Members are now able to obtain offers from multiple, reliable energy suppliers through the Association’s Energy Program.
- Obtain multiple offers from reliable energy suppliers.
- Assure IRMA-approved suppliers are provided a level playing field which, in turn, provides Members with the confidence that offers are transparent and competitive.
- Solicit and review quotes from IRMA-approved suppliers; assuring apples-to-apples quotes are provided to Members.
- Work with Members to evaluate operations and energy usage characteristics including ones that serve as price determinants such as peak load contributions (PLCs); budgeting needs; risk tolerance; and future plans in order to assist in developing comprehensive and company-specific procurement strategies.
- Provide insight on supply-related charges such as Capacity, Renewable Portfolio Standard (RPS), Reliability Must Run (RMR) and other charges, helping IRMA members make well-informed procurement decisions.
- Monitor the energy markets and collect and interpret intelligence on key market drivers such as energy commodities (natural gas, power, coal, oil), weather forecasts, economic indicators, and regulatory activities in order to help Members minimize costs and manage risks.
- Monitor and communicate information on important legislative and regulatory changes that could have a significant effect on costs and procurement decisions, including utility distribution charges, switching rule changes, as well as changes by the FERC (Federal Energy Regulatory Commission) and RTOs (Regional Transmission Organizations) such as MISO (Midcontinent Independent System Operator) and PJM (Pennsylvania, Jersey, Maryland Interconnection); for example, changes to open access tariffs, capacity constructs and auction results.
Contact your IRMA Energy Team with questions, to discuss offers and buying strategies, products you would like to see developed, concerns you have, and/or to request pricing from IRMA-approved suppliers.