ERC Price Benchmarks: Week Ending 6-23-17

ERC Price Benchmarks: Week Ending 6-23-17

Energy Research Council’s (ERC) national average benchmark price for electricity changed marginally last week, declining just 0.2% to $0.0731 per kilowatt hour.  Only New York shifted noticeably, increasing week-over-week by 1.2%. Prices in Texas also rose last week by 0.9%. The national average electricity price … Read more…

Energy Commodity Returns Outpace Nonenergy Commodity Returns

Energy Commodity Returns Outpace Nonenergy Commodity Returns

Energy commodity returns have outpaced nonenergy commodity returns in the past month, according to analysis from the US Energy Information Agency. Since July 1, the energy component of the Goldman Sachs Commodity Index (GSCI) rose about 8.1 percent while the nonenergy component of the GSCI … Read more…

Texas Doubles Electricity Price Cap; UK’s EDF Energy Hikes Prices

Texas Doubles Electricity Price Cap; UK’s EDF Energy Hikes Prices

Texas regulators have voted to double the price cap for wholesale electricity over the next three years, according to media reports. In a move to encourage investment in new generation, the Public Utility Commission of Texas unanimously approved raising the cap to $5,000 a megawatt-hour … Read more…

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