With the holidays right around the corner, a big gift is coming your way in the form of lower 2020 electricity costs. For the first time in many years, your electricity budget could see an overall decrease of up to $14.00/MWh. Finally, a reduction in expenses! Now, what to do with all the money? Why the decrease? Wholesale Market Decrease Read More
-->
5 Things Ohio Energy Managers Should Know Right Now
House Bill 6 Creates Uncertainty The drama surrounding House Bill 6, otherwise known as the nuclear bailout bill which was voted into law earlier this summer, has hit a new level reminiscent of the HBO series The Sopranos. Referendum seekers must obtain 265,774 signatures by Oct. 21 to place the question of HB 6 repeal on the November 2020 ballot. Read More
From Your Pocket to Theirs: Nuke Subsidies Unwarranted
We are at a pivotal point in Ohio energy policy as the Ohio General Assembly blasts House Bill 6 through the lawmaking process. So much has been written about the implications of this complex bill, but the bottom line is that customers would be forced to subsidize two nuclear plants that are “not profitable on their own” by paying them Read More
New Year’s Resolutions for Energy Buyers
Below are three resolutions we can all live by because they do not include eating healthier or exercising more. These 2019 resolutions are targeted to energy buyers to help ensure your energy procurement programs are best-in-class. Focus on Cost, not Just Price Even though we folks in energy procurement are obsessed with energy rates, company budgets only care Read More
Winter Energy Costs May Make You Scream
Time to pull out and dust off your electricity and natural gas supply contracts to find out if you are exposed to a variable market rate. Why? Because if you are on a market rate this winter you will likely have a major case of sticker shock. Natural gas and electricity prices for delivery this winter have increased dramatically Read More
What’s the 2018/19 Winter Energy Pricing Outlook?
It is hard to believe that we are already talking about winter since we just turned off the air conditioning, but it can not be denied: Its almost November! Historically, the winter months offer the highest and most volatile energy pricing, but what should you expect this coming winter? Weather Nationally, the summer of 2018 had the most Read More
Hottest Ohio Energy Stories of the Summer
The energy markets in Ohio do not disappoint when it comes to excitement. This summer proved to be another season full of potential policy changes and market anomalies. Trump Gives Coal CPR Trump announced a roll back of pollution controls on coal-fired power plants to slow the pace of the transformation in the power sector toward natural gas. Read More
Super Summer Energy Sale
As heat indices reach triple digits this summer, believe it or not, the energy markets are responding with short- and long-term savings opportunities for buyers. Below are the market trends that could bring value to your budget. Buy Electricity for Future Years to Save Money The current wholesale market for electricity delivered in 2021 and 2022 is flirting Read More
Should Manufacturers Make Electricity?
Customer-owned generation is not a new concept but due to changing energy markets and improved Combined Heat and Power (CHP) technologies, it’s becoming more feasible for more customers. Consumers who are considering generating their own power to bypass rising utility distribution rates, or those needing to replace a boiler, may find this technology penciling out favorably. More professionals are entering Read More
Hottest Energy Issues in 2019
As we entered 2017, the energy marketplace was expected to be filled with uncertainty and boy, it did not disappoint! With the new Administration came a reversal in initiatives on nearly everything energy, and at the state level the battles continued over subsidies for uneconomic power plants. Can we expect the same for 2018? Below is my lineup of 2018’s hottest issues in the world of energy, both Read More