- By -Staff
- Business & Technology
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Michael StammTCAD President Michael Stamm has been elected to serve as President of the Board of Directors of the Municipal Electric and Gas Alliance (MEGA). He has served as a MEGA board member since 2002.Founded in 2001, MEGA is an aggregator of electricity and natural gas demand. Its mission is to achieve the most competitive prices for electricity and natural gas for its members in order to minimize the cost of energy in the near term. MEGA also supports energy cost savings in the long-term through promotion of energy conservation and development of alternative energy resources.
MEGA's customers include 34 New York counties and over 140 other municipalities, colleges and non-profits. In 2013, MEGA managed 500 million kilowatt hours of electricity and 10 million therms of natural gas. The total commodity value (not including utility delivery charges) was about $35 million. In just this winter alone, it is estimated that MEGA saved its customers $5 million in energy costs.
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