Electricity

ERC: Electricity Price Trends for the Week Ending May 22

Jim Moore

Short-Term Price Benchmark Trends ERC’s average retail price benchmarks* have increased for the third week in a row, from .0820 for the week ending May 1 to .0842 for the week ending May 22. That is an 11 percent rise in the average price for retail power from the beginning of May. The highest jump   …Continue Reading


The Retail Energy Value Chain Explained

Josh Kessler

The retail energy shopping website Electricity Choice posted a blog entry about 28 Terms Commonly Found While Shopping for Energy. Most of the terms relate to either industry structure, contract types and terminology, or energy technology. Knowing this terminology is a building block for all retail power purchases. Beyond simply knowing the terminology, however, it   …Continue Reading


Prices Fall 45% in PJM Region

Josh Kessler

Monitoring Analytics, which monitors market developments in the PJM region that spans 13 states in the Mid-Atlantic and Midwest, released its Q1 Quarterly State of the Market Report last week. The report found that the weighted average locational marginal price (LMP) fell by 45 percent throughout the region compared to the first quarter of 2014,   …Continue Reading


Energy Choice for DC Ratepayers

Josh Kessler

The District of Columbia Municipal Aggregation Program (DC MAP) is an initiative that unifies the purchasing power of DC electricity customers who opt into the program, according to RetailEnergyX. DC MAP is now seeking a vendor who can help increase awareness among the residents, businesses and institutions that can participate, with the goal being to   …Continue Reading


ERC: Retail Electricity Price Trends for the Week Ending May 15

Jim Moore

Short-Term Price Benchmark Trends Last week marks the second week that retail electricity price benchmarks* have increased, from an average low of .0819 week-ending May 1, 2015, to .0830 week-ending May 15, 2015. Although New Jersey, New York, Ohio and Connecticut had slight declines in their average price benchmarks, other deregulated states, lead by Illinois   …Continue Reading


Shopping Advice for Retail Energy Buyers

Josh Kessler

An article in the Philadelphia Inquirer considered whether shopping for retail energy was worth the effort and provided advice on how customers can get the best deal. The article focused on residential customers, but many of the findings are relevant for businesses as well. The author noted that customers with electric heat have much higher   …Continue Reading


ERC: Retail Electricity Price Trends for the Week Ending May 8

Jim Moore

Short-Term Price Benchmark Trends After a month of declining retail electricity prices, ERC’s average price benchmarks increased last week in almost all of the 13 deregulated states. Leading the surge was Texas, with just over a 3 percent increase in its average price benchmark. Only Maine continued a downward trend in its average price benchmarks.   …Continue Reading


Three Insights from EIA’s May Energy Outlook

Josh Kessler

Risk of Natural Gas Price Increases The Energy Information Administration (EIA)’s price model shows that natural gas prices are likely to increase beginning this month and will trend upward through the end of next year. Perhaps more importantly, the potential magnitude of a price increase is far greater than a potential price decrease. Prices averaged   …Continue Reading


Integrated Energy Planning

Josh Kessler

In the past, retail energy buyers and providers often considered energy procurement an entirely separate activity from other energy management practices like implementing energy efficiency and distributed generation. When Constellation Energy CEO Joe Nigro addressed the recent DNV GL Retail Energy Executive Forum, according to the website Finances, he described how retail energy providers need   …Continue Reading


Energy Risk Management Considerations this Summer

Josh Kessler

In an article titled “Summer 2015 Weather and Energy Outlook,” the Energy Market Exchange (EMEX) advised that natural gas and power prices have fallen substantially in the past year, but prices cannot fall much further. From a retail buyer perspective, there is far more risk that prices will rise significantly. The post discusses natural gas supplies   …Continue Reading