OACC RISK MANAGEMENT AND INSURANCE PROGRAM   

Total Annual Savings $158,432  

Colleges that have joined and date joined :
Lakeland Community College 11/16/11
Columbus State Community College 3/1/12
Central Ohio Technical College 4/1/12
Clark State Community College 5/1/12
Edison Community College 5/1/12

Total Insured Property Values: $709,862,160
Total Annual Premiums: $617,600
Total OACC Administrative Fees: $63,302
Total Premiums and OACC Fees: $680,902
Total Savings over Expiring Costs: $158,432
Average % Savings: 19%

In addition to the premium savings, members who have joined have benefited from expanded coverage in property, general liability and educators legal liability. 

UTILITY MANAGEMENT PROGRAM  

Total Savings $1,187,240 over the next two years

The Utility management program is managed by Metromedia Energy:

Metromedia Energy Inc.
E-Mail: sales@mmenergy.com

Electric Energy management program savings over two years are $887,240 program participants are:
Belmont College*
Central Ohio Technical College
Southern State Community College*
Stark State College
Zane State College 

*Recently engaged in the electric energy management program.

Natural Gas management program savings over two years are $300,000 Program participants are:
Belmont College
North Central State College  
Stark State College

TELECOMMUNICATIONS AUDIT

Total Annual Savings $20,000

 This program is just getting off the ground with one audit completed at Owens Community College.