The Massachusetts Manufacturing Energy Collaborative (MassMEC), an energy buying group for manufacturers in Massachusetts, is proud to present the MassMEC Group Member of the Month to Cape Cod Beer.
Brewed in Hyannis, Massachusetts, Cape Cod Beer is Cape Cod’s only microbrewery, with beer on draught and in growlers between Plymouth and Provincetown. The craft brewer also distributes its beer in bottles and cans in liquor stores through the Cape and South Shore.
MassMEC has helped Cape Cod Beer save by making them aware of energy market price changes and renewing and extending their electricity hedges, enabling them to be over 30% below the utility market pricing. MassMEC competitively procured Cape Cod Beer’s electricity to ensure the latest east rates were made available.
MassDevelopment, the state’s finance and development agency, created MassMEC and selected EarlyBird Power through a competitive bidding process to manage the energy buying group. The purpose of the Collaborative is to lower energy costs for manufacturers by negotiating volume rates from electricity and natural gas suppliers. Shaun Pandit, president of EarlyBird Power and manager of MassMEC said, “MassMEC is an innovative program that addresses one of the single biggest challenges facing manufacturers – the high cost of energy.” MassMEC was announced by Governor Deval Patrick in April 2014 and is also a product of the Advanced Manufacturing Collaborative, a Governor Patrick initiative that brings together members of the private and public sectors to support Massachusetts’s manufacturers.
About EarlyBird Power
EarlyBird Power is a Milton-based energy market expert that provides energy management and sustainability solutions to commercial, municipal, and industrial clients across the United States. As a licensed electricity and natural gas broker in every deregulated state, EarlyBird Power assists businesses across the United States with procuring the lowest priced electricity or natural gas supply. Under the leadership of Shaun Pandit, a 14 year veteran in the electricity and natural gas markets, EarlyBird Power can monitor market opportunities and risks, market trends, and pricing to serve clients as well as to ensure the best possible rates through optimal services and hassle-free transactions.