New England Energy Customers Catch a Break

Over the past two winters, New Englanders have seen soaring electricity prices as a result of a sustained natural gas shortage. Last winter, liquefied natural gas (LNG) supplies helped mitigate supply shortages. That led to a drop in wholesale electricity prices, but utility rates remained … Read more…

ERC: Electricity Prices Will Moderate This Spring

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 … Read more…

ERC Analysis: Retail Electricity Price Trends

ERC Analysis: Retail Electricity Price Trends

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 … Read more…

Small Businesses Don’t Understand Their Energy Contracts

Small Businesses Don’t Understand Their Energy Contracts

The Energy Research Council’s new brief “Buyer Beware: Early Contract Termination” finds that seven out of every 10 small-to-medium business owners are unaware of early termination provisions in their electricity supply contracts. Early termination occurs when a customer locks into a contract with an electricity … Read more…

How Severe was the Polar Vortex on Electricity Prices?

How Severe was the Polar Vortex on Electricity Prices?

The polar vortex caused electricity prices to spike in January, but the real sticker shock for customers may only be just beginning. Customers could be charged an additional 1 to 3 percent to make up for additional costs incurred by their suppliers. The Energy Research … Read more…

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