DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,738 Bcf as of Friday, August 9, 2019, according to EIA estimates.
This represents a net increase of 49 Bcf from the previous week. Stocks were 357 Bcf higher than last year at this time and 111 Bcf below the five-year average of 2,849 Bcf. At 2,738 Bcf, total working gas is within the five-year historical range.
10 ways to cut utility bills and conserve energy during the hot summer
Summer 2019 brought us the hottest month ever recorded and higher than average temperatures are predicted through September. With the way July played out, we want to remind you of some tips to lower your energy bills and help the environment.
Regulating thermostats and keeping your home comfortable means ensuring doors and windows are tightly sealed. Use a ceiling fan while in occupied rooms and together they will keep you cool while reducing annual costs.
Cool down the house by using less electricity and heated water. Unplugging devices when not in use and limiting appliances that generate heat really makes a difference. Try colder meals or grilling out instead of using the oven. Use cooler water for laundry and take lukewarm showers. These aren’t just for lowering your bills and helping the earth- there are health benefits to these concepts for you as well.
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://www.mercurynews.com/2019/08/13/10-ways-to-cut-utility-bills-and-conserve-energy-during-the-hot-summer/
The Worst Is Still To Come In Energy Markets
August hasn’t been a great month for the stock market this year. However, energy stocks are taking the largest hit and are the only sector currently in a bearish state. Due to the U.S. – China trade war, crude oil prices lowered and the domino effect into the energy industry is projected to worsen. With the sector trending downward, Ari Wald from Oppenheimer recommended to CNBC to “stay away from energy”.
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://finance.yahoo.com/news/worst-still-come-energy-markets-230000716.html
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,689 Bcf as of Friday, August 2, 2019, according to EIA estimates.
This represents a net increase of 55 Bcf from the previous week. Stocks were 343 Bcf higher than last year at this time and 111 Bcf below the five-year average of 2,800 Bcf. At 2,689 Bcf, total working gas is within the five-year historical range.
Choose your own electric company in Arizona?
Arizona has been discussing energy deregulation to decide if they will allow customers to choose where their energy supply comes from. The utilities currently monopolize the state and consumers must use the utility they are assigned. Through competition, the prices would be driven down and improvements in dependability and customer service would occur.
Commissioner Justin Olson states, “Data shows that since 2008, there has been a significant decrease in rates in the 14 states that have competition compared to a significant increase in rates to states that still prohibit competition in the energy sector.”
Another option would be partial competition in which only businesses or aggregates would be able to shop around for their energy. It is unclear when a vote will take place. Until more questions are asked and answered, Arizona will remain regulated by the state.
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://www.azcentral.com/story/money/business/energy/2019/08/06/arizona-energy-deregulation-rules-corporation-commission-aps-tuscon-electric-srp/1871816001/
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,634 Bcf as of Friday, July 26, 2019, according to EIA estimates.
This represents a net increase of 65 Bcf from the previous week. Stocks were 334 Bcf higher than last year at this time and 123 Bcf below the five-year average of 2,757 Bcf. At 2,634 Bcf, total working gas is within the five-year historical range.