New ETF Book by Larry Connors - Click here to read more
More than a dozen business representatives attended the seminar Thursday to hear about services offered by OnDemand Energy Solutions of Moon Twp.
"Energy is going to be a big issue for our members," said Patricia Blaum, Southern Wayne Regional Chamber of Commerce executive director.
Facing on average a 30- to 35-percent increase in electricity costs, 96 organizations from throughout the state have joined the company's program, including chambers of commerce in Scranton and Wilkes-Barre, OnDemand senior energy adviser David Skiles said.
"Our electrical bill is about $6,000 a month now, and if rates increase by 30 percent, we'll be paying about an extra $2,000 a month," Honesdale Borough Council President Ed Langendoerfer said. "If we can save money, we have try to do it."
Expecting to receive about $10,000 less in funding thanks to cuts in the state's 2010 budget, the Wayne County Historical Society hopes to cut back on its largest expense -- energy.
"We have to take advantage in any area we can save," Executive Director Sally Talaga said.
Rising energy costs may also make Northeast Pennsylvania less competitive in attracting industry than other areas, including New York City, said Troy Bystrom, a partner in IM 1 Design in Lackawaxen Twp.
Mr. Bystrom said New York and other metropolitan areas have a competitive edge in hosting Internet-related businesses because of less costly bandwidth rates.
"If the cost of power goes up, it makes it less viable to conduct an Internet-based business in Northeast Pennsylvania," Mr. Bystrom said.
Wayne County's commerce chambers began to work with OnDemand six months ago.
Thursday was the first seminar hosted by all of Wayne County's chambers. And more seminars may be held, Wayne County Chamber of Commerce Executive Director Donna LaBar said.
Contact the writer: jmrozinski@timesshamrock.com
To see more of The Times-Tribune or to subscribe to the newspaper, go to http://www.thetimes-tribune.com/. Copyright (c) 2009, The Times-Tribune, Scranton, Pa. Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
