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Electricity

Phillips Academy Procures Electricity Through World Energy Solutions

Linda Hardesty

World Energy Solutions has helped Phillips Academy, a college preparatory secondary school, to procure over 26 million kWh of electricity to power its campus. Through a series of competitive online auctions run on July 25, 2014 over the cloud-based World Energy Exchange, Phillips Academy tested 12 different terms and products for 80 accounts, including 70   …Continue Reading


EIA: US Marketed Natural Gas Production Hits Record in June

Linda Hardesty

US Energy Information Administration Administrator Adam Sieminski issued the following comments on EIA’s latest Short-Term Energy Outlook. “US natural gas production is expected to increase 5.3 percent this year. US marketed natural gas production in June was a record 74.5 billion cubic feet per day. US natural gas production has shown very strong growth in   …Continue Reading


West Texas Oil Boom Causes Energy Prices to Soar

Karen Henry

Record oil production in West Texas has resulted in congestion on the region’s electrical grid and an unexpected electricity rate hike, the Texas Tribune reports.  Newer drilling practices such as hydraulic fracturing have allowed oil companies to produce more than twice the amount of oil each month than they did three years ago. West Texas’   …Continue Reading


Energy Retailer in Trouble in Illinois

Linda Hardesty

The Illinois Commerce Commission is opening an investigation against Major Energy for allegations of misrepresentation and deceptive marketing practices. The investigation will direct Major Energy to show cause why the Commission should not exercise its authority to enforce remedies and other penalties under the Public Utilities Act for alleged violations that it misrepresented savings to   …Continue Reading


Massachusetts Town Reduces Annual Electricity Use by 14%

Karen Henry

Constellation and the Town of Essex, Mass., completed an energy-efficient lighting project designed to reduce the town’s electricity consumption by an estimated 85,266 kWh annually—more than 14 percent of the town’s usage. Energy-efficient lighting was installed in Essex’s town hall, police and fire station, senior center, water filtration plant and department of public works facility.   …Continue Reading


3 Things to Consider in an Energy Procurement Contract

Linda Hardesty

There are three major mistakes that some companies make when entering into an energy procurement contract, according to Nick Papamichael of Green Crown Energy. The first is bad timing. There are very specific times of the year when electric and natural gas prices retreat and times when they spike. It’s advantageous to be aware of   …Continue Reading


New Electric Utility Business Model a Bold Effort in NY

Jennifer Hermes

The US electric grid has not been updated since World War II, when telephones, dishwashers, and air conditioning were the cutting-edge technology innovations of the century. Today, this same grid is struggling to cope with the technological advances of the last decade, a reality that hit home for New Yorkers in the wake of Superstorm   …Continue Reading


Online Energy Exchange Targets Small, Medium Businesses

Linda Hardesty

Power Brokers and EnergyWize announced an online retail energy exchange for small- and medium-sized businesses to make energy purchases through real-time access to energy suppliers. The energy exchange includes tools that enable comparison of energy supplier products as well as electronic contracts to streamline the process. Power Brokers says that residential consumers and large businesses   …Continue Reading


EMEX Offers Energy Auction Channel Program

Linda Hardesty

EMEX is offering a white-labeled channel partner program for energy brokerage firms across the United States to run reverse auctions of electricity and natural gas products for their own customers. The process of the EMEX reverse auction platform allows real-time competitive bidding to procure electricity or natural gas. EMEX says it challenges the entire market   …Continue Reading


Winter Polar Vortex’s Biggest Lesson: Supplier Transparency Is Key

Jennifer Hermes

The history-making 2013-2014 Winter Polar Vortex dramatically demonstrated the importance of energy supplier transparency. With both demand and prices reaching record highs, users need to fully understand the energy supply products they are purchasing, and also need to be aware of the way that risk is being shared between customer and supplier. The unexpected extremes   …Continue Reading


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