DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,986 Bcf as of Friday, May 31, 2019, according to EIA estimates.
This represents a net increase of 119 Bcf from the previous week. Stocks were 182 Bcf higher than last year at this time and 240 Bcf below the five-year average of 2,226 Bcf. At 1,986 Bcf, total working gas is within the five-year historical range.
Is less really more?
Views on energy efficiency vary depending on who you’re speaking with. Some believe we should lower usage and lessen electricity waste. We’ve all heard not to leave lights on that aren’t being utilized. On the other hand, economists address efficient use of electricity and overcoming market failures.
These perspectives come into play when discussing electricity rate design and how usage affects those rates. It is believed by some that lower rates encourage higher usage whereas higher rates encourage the opposite.
Social marginal cost is ideally based on customer usage and “the incremental amount they pay matches the incremental cost they impose on society”. Basically, we want to increase awareness of the behaviors discouraged and encouraged when it comes to energy usage. Efficiency should be about decreasing wasteful consumption to achieve “the ultimate goal of a prosperous, clean-energy society”.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. 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 energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: https://energyathaas.wordpress.com/2019/06/03/how-much-electricity-consumption-is-too-little/
Illinoisans deserve a better energy market
Balance is essential. For instance, you cannot disrupt a practice unless there is change. The Illinois legislators overwhelmingly passed Illinois Customer Choice over 15 years ago. The cost of energy in Illinois is lower as a result.
However, with change comes competition which must be fair.
Some Energy Marketers have pursued very aggressive and even dishonest marketing and sales campaigns.
Fortunately, the Illinois Senate has singled out some of the worse practices such as to:
- Stop alternative suppliers from automatically renewing a contract from a fixed rate to a variable rate (a rate that changes monthly) and then jacking up the price. The bill would require companies to get a customer signature before those contracts renew.
- End termination fees on supply contracts for residential and small-business customers.
- Protect Low Income Home Energy Assistance Program (LIHEAP) funds from supplier overcharges; making sure the money available can help as many people as possible.
- Require alternative supplier marketing materials as well as utility bills to clearly state the utility’s price, so consumers can make an apples-to-apples price comparison.
Realgy welcomes these changes and encourages all Illinois utilities to provide accurate information to consumers.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. 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 energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information:
DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,867 Bcf as of Friday, May 24, 2019, according to EIA estimates.
This represents a net increase of 114 Bcf from the previous week. Stocks were 156 Bcf higher than last year at this time and 257 Bcf below the five-year average of 2,124 Bcf. At 1,867 Bcf, total working gas is within the five-year historical range.
DOE EIA WEEKLY GAS STORAGE REPORT
Working gas in storage was 1,753 Bcf as of Friday, May 17, 2019, according to EIA estimates.
This represents a net increase of 100 Bcf from the previous week. Stocks were 137 Bcf higher than last year at this time and 274 Bcf below the five-year average of 2,027 Bcf. At 1,753 Bcf, total working gas is within the five-year historical range.
DOE EIA WEEKLY GAS STORAGE REPORT
Working gas in storage was 1,653 Bcf as of Friday, May 10, 2019, according to EIA estimates. This represents a net increase of 106 Bcf from the previous week.
Stocks were 130 Bcf higher than last year at this time and 286 Bcf below the five-year average of 1,939 Bcf. At 1,653 Bcf, total working gas is within the five-year historical range.