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City of Warsaw

WARSAW, Indiana (April 17, 2015) The City of Warsaw Board of Public Works and Safety (Warsaw) has issued a request-for-proposal for natural gas to service its 21 meter locations. Realgy Energy Service, a wholesaler or third party supplier in the NIPSCO Choice program, responded with a proposal that showed savings compared to the current supplier which showed an estimated savings $10,000 to 15,000 for the last year.

“We are thrilled to be able to offer Warsaw a true savings program.” said Michael Vrtis, President of Realgy Energy Services. “We submitted our analysis and agreement that substantiated the estimated annual savings Warsaw can expect to receive from purchasing their natural gas directly from a supplier without any NIPSCO Gas markup, which will provide significant cost reductions.”

The NIPSCO Choice program was initiated by NIPSCO as an opportunity for customers to purchase their natural gas supply directly. NIPSCO is currently the only utility in Indiana offering customer choice to all levels of customers; from residential to industrial.

Warsaw Clerk-Treasurer Lynn Christiansen was given the approval, with a stipulation, to drop the city’s current natural gas supplier, IGS Energy, formerly Border Energy, and sign a two-year contract with Realgy Energy. A study showed Warsaw has been paying IGS more than what NIPSCO would charge and a switch would save Warsaw an estimated$10,000 to $15,000 a year on gas costs. There is no cost to sign the contract with Realgy.

Lew Roberts of Go West, Realgy’s representative, recognizes the challenges faced by cities and municipalities in Indiana. We approached Warsaw with a Managed Price program. Mr. Roberts explained; “having over ten (10) years of service in the NIPSCO Choice program we were able to show consistent performance and real savings compared to NIPSCO and even more compared to IGS Energy.” Mr. Roberts continued; “Working with Warsaw Mayor Joe Thallemer and the board members, together they quickly understood they were overpaying with their current energy marketer and appreciated the new approach.”

Realgy Energy Services is an energy marketing serving retail customers in Indiana, Illinois and Michigan. They have been serving Indiana customers since April 2003; since that time they have a perfect record (certified A+) with the Better Business Bureau; http://ct.bbb.org and no complaints before the IURC http://www.in.gov/iurc  or OUCC http://www.in.gov/oucc/

Contact:
Michael Vrtis
President
Realgy Energy Services
860-233-2270

www.realgyenergyservices.com

 

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Ameren Capacity costs increase 10 fold, what does it mean?

It was big news; the wholesale energy market in Illinois received National attention …for the highest capacity costs in the Midwest (for the wrong reason)!

The wholesale price went from $16.75 per MW-day to $150; a near 10 fold increase for the coming year.

What does that mean if you are an Ameren customer:

  1. Everyone who takes electric service from Ameren will pay more.
    • Residential customers about $150 more
    • Industrial customers anywhere from $10,000 to $1,000,000 / month
  2. If you are an energy customer with an energy marketer
    • Your costs may not go up, however watch your bill

Can you avoid this increase: YES

Realgy contracts with the power suppliers that are not covered by the Ameren bid process. Realgy’s capacity costs have not increased.

Realgy Energy Services is a registered Retail Energy Supplier in Illinois serving COMED, Ameren and MidAmerican – Illinois.

Please contact us to discover how we can save you on your natural gas and electivity while providing award winning service: A+ rating with the Better Business Bureau.

http://www.midwestenergynews.com/2015/04/22/illinois-lawmakers-question-miso-about-capacity-auction/

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WHY ARE NATURAL GAS PRICES SO LOW?

If you’re searching for a natural gas provider then you’re likely considering natural gas prices and may be curious about what makes the fuel such an affordable option. Natural gas prices have been cut in half over the last six years, and prices are anticipated to remain comparatively low for years to come. According to energy industry data and information specialist, IHS, and their 2014 industry study, natural gas prices are likely to stay low at least for the next 20 years. For those that are currently using natural gas this is good news. Low forecasted gas rates also provide an incentive to make the switch to natural gas for those that are considering conversion.

Daily Gas Production

There are a handful of factors that contribute to the low prices. The most significant factor is America’s abundant supply, combined with very efficient extraction techniques. The nation’s existing, and forecasted, supply of natural gas will not only meet our current needs, but also the anticipated growth in demand. Demand is expected to increase into the future, particularly on the commercial side in the industrial and electrical power sectors. Although natural gas production comes from a variety of locations, the Marcellus shale deposit is currently one of the most significant contributors. The Marcellus Formation is a unit of marine sedimentary rock found in eastern North America.

Average Wholesale

Another factor affecting our nation’s supply of natural gas revolves around current export laws. Government regulations place export restrictions on natural gas, which contributes to the abundant supply within the U.S. These regulations are driven by a variety of political and industrial influences. Those that support regulation believe, in part, that exporting would lead to higher prices. It can be argued, however, that the supply is so abundant that prices could remain low, even with more export.

Consumer demand also plays a role in cost. At the moment consumers only account for about 20% of the natural gas consumption in the U.S. Power plants and industrial use account for the majority. This is in contrast to the high consumer demand for oil. Although consumers may eventually use more in the near future, the abundant supply is forecasted to meet this demand.

Forecasting natural gas use and cost is part of Realgy’s daily business. We can help position your company to benefit from changes in natural gas pricing now and in the future.

Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual savings. Additional information: www.realgyenergyservices.com

 

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Chicago sending city households back to ComEd

Crain’s recently reported that after more than 1 year of charging customers MORE than COMED and the City will send them back to the utility (AFTER the summer)!

http://www.chicagobusiness.com/article/20150421/NEWS11/150429969

No one likes an “I told you so”…..so I won’t say it.

 

One year ago: I posted: Chicago electric bills to rise up to 18% in June

http://realgyenergyservices.com/chicago-electric-bills-rise-18-june/ which included the following:

The idea is that “aggregation” of the residents will provide the marketer the ability to deliver a lower price. If that were the case, no one could beat the utility because the question is who would be a bigger aggregator than a utility? The utility AGGREGATES everyone in the state. Yet, Realgy beats ComEd and Ameren consistently. So why can’t municipalities come in lower?

The difference is cost of service and overhead.

Municipalities require energy marketers to deliver savings compared to the utility, take on billing and collections, and pay the municipality a portion of the margin. The simple fact remains; the cost municipalities want to collect makes them higher than the utility.

Realgy continues to post savings compared to both COMED and Ameren.

To learn more about how Realgy Energy Services’ variety of programs that can help you save money on electricity, call 877-300-6747, or visit www.realgyenergyservices.com.

Realgy Energy Services is a registered energy marketer with a A+ rating with the Better Business Bureau and able to save you money on your natural gas and electricity usage anywhere in Illinois.

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What is Weather Normalization?

WHAT IS WEATHER NORMALIZATION ………AND WHAT DOES IT MEAN TO YOU?
Weather is the most influential factor to impact your energy usage. Because weather can vary dramatically from year to year, establishing a benchmark is not as simple as comparing one year to the next. “Weather Normalization” creates a benchmark by averaging 20 years of individual daily weather information into a single year. Normalizing takes into account the effects of weather on any energy usage period (day, month or year). By doing so, you can see the effects of weather on your energy usage and plan for future weather forecasts. So if your energy consumption is sensitive to weather, and the forecast for winter is colder than normal, you could enter into an agreement to buy more at a fixed rate.

 

 

 

 

 

 

WHY NORMALIZE FOR WEATHER?
Using Weather Normalized energy usage will allow you to establish the amount of energy you will use for an average year’s weather (called your usage profile). Comparing changes between Weather Normalized usage profiles can detect deteriorations in heating plant efficiencies, uncover energy losses, or indicate increased process demand.

WHAT IS NORMAL?
This is based on a 20-year average consisting of two consecutive decades. Currently the years 1990 through 2010 are used for calculating normal. Normal weather takes into account the degree days, or specifically the Heating and cooling degree days, for 20 years. Using a 20-year normal for comparison allows for meaningful analysis vs. year-to-year fluctuations.

To learn more about how Realgy Energy Services’ variety of programs that can help you save money on electricity, call 877-300-6747, or visit www.realgyenergyservices.com.

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Electricity Savings with Fixed Pricing

 

 

 

SETTING A FIXED RATE FOR ELECTRICITY IS A GREAT WAY TO SAVE…IF IT’S BELOW THE UTILITY’S PRICE
We all look for ways to save. Oftentimes savings opportunities exist, but we’re not aware of them, or we’re too busy to look into them further. COMED and Ameren forecast their summer rates in early Spring….that’s the time to lock in a fixed rate for the upcoming summer. Setting a fixed price for more than one season means you will probably pay more than the utility during the next season.

 

 

 

 

 

 

 

SAVE AND MANAGE YOUR BUDGET
Budgeting for electricity for an entire year can be a challenge due to fluctuations in usage. Colder month prices are typically lower, as usage is less. Prices jump during the summer months as demand increases. So how do you make spending more predicable? By setting a fixed price during the highest cost season (summer) when demand is highest. During winter a variable rate allows you to save when prices decline.

WHEN TO LOCK IN A RATE
The best way to save on electricity is to think seasonally. Since demand is at its peak in the summer months, setting a fixed rate for this period will provide a level of assurance, and can help you save. With Realgy’s PriceWatchTM we will watch market prices, utilizing our proprietary trading and computer services, and alert you when a fixed rate is in line with your budget and can beat the utility.

 

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