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Electricity

Utilitywise Buys t-mac Technologies to Boost Energy Management Offerings

Linda Hardesty

UK Energy consultant Utilitywise acquired t-mac Technologies for an initial investment of $15 million and up to a further $18 million as part of its strategy of broadening its service offering and expanding into energy management systems. Founded in 2004 and based in the UK with 28 employees, t-mac  Technologies services both small- and medium-sized   …Continue Reading


ERC: Retail Electricity Price Trends for the Week Ending April 17

Jim Moore

Short-Term Price Benchmark Trends Most states posted a decrease in the average benchmark price for retail electricity last week, led by New York with a decline of almost 2 percent. The notable exceptions to this were Illinois, with an increase of almost 5 percent, and Massachusetts with a 2.1 percent increase over last week. Even   …Continue Reading


Electric Capacity Prices Rise in Illinois

Josh Kessler

E&E Publishing reports that the Midcontinent Independent System Operator (MISO) just held its most recent capacity auction for the year that runs from June 1, 2015, to May 31, 2016. Capacity payments are made to generation facilities to ensure that they will be available when needed. Prices tend to be very low unless capacity is   …Continue Reading


ERC: Electricity Prices Will Moderate This Spring

Josh Kessler

Short-Term Price Benchmark Trends Most states posted an increase in average retail electricity benchmark prices last week. The average across all states, however, remained stable after the previous week’s increase in the national average benchmark to $0.0849 per kWh. Bucking the trend with lower average benchmark prices last week are Texas, Connecticut, Maine, New Jersey   …Continue Reading


How to Ensure Predictable Energy Costs

Josh Kessler

Last week, The Megawatt Hour posted its second blog entry about how companies can control and accurately predict their future energy costs. Last month’s post focused on the problem of managing energy data. It recommended switching from manual data tracking and manipulation using spreadsheets to automated data management and analysis using modern software platforms. This   …Continue Reading


LNG Suppresses New England Wholesale Electricity Prices

Josh Kessler

New England saw an even colder winter this year than last reports the Hartford Courant, yet wholesale electricity costs were lower than last winter. The Courant reports temperatures across New England averaged 25.5 degrees this winter, versus 26.5 last winter. ISO New England data show that wholesale energy costs averaged $77 per MWh (or 7.7   …Continue Reading


Northeast Seeks to Expand Gas Pipeline to Lower Energy Costs

Josh Kessler

Winter electricity costs are being driven by constrained natural gas delivery capacity, according to attorney Elizabeth Moroney of Massachusetts Department of Energy Resources. According to The Recorder, a Greenfield, Massachusetts, newspaper, Moroney wrote that electricity supply charges increased 60 to 96 percent this winter. The agency is exploring whether utilities can enter long-term contracts with   …Continue Reading


ERC Analysis: Retail Electricity Price Trends

Josh Kessler

The Energy Research Council (ERC) provides weekly retail electricity price benchmark data for Retail Energy Buyer. Last week’s newsletter presented an overview of how to interpret these benchmarks. In addition, ERC is providing an original analysis of both short- and long-term benchmark price trends. Short-Term Price Benchmark Trends The trends discussed below are based on an analysis   …Continue Reading


3 Energy Brokerage Tactics to Be Wary of

Josh Kessler

Matt Brakey, president of energy consulting firm Brakey Energy, wrote a guest column in Crain’s Cleveland Business last week about three energy procurement tactics employed by energy brokerages that he believes amount to little more than “smoke and mirrors.” Below is a summary of Brakey’s opinion on these three tactics. Note this is a single person’s   …Continue Reading


New Energy Shopping Website for MA, NH, ME

Josh Kessler

The New Hampshire Union Leader reported on April 5 that a pair of MIT graduates have created a new website called ShopEnergyPlans.com to help customers identify energy plans in their region. The site comes at a time when retail supply is gaining traction in New England, with 20 percent of local utility Eversource’s residential customers   …Continue Reading