DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,370 Bcf as of Friday, January 18, 2019, according to EIA estimates.
This represents a net decrease of 163 Bcf from the previous week. Stocks were 33 Bcf higher than last year at this time and 305 Bcf below the five-year average of 2,675 Bcf. At 2,370 Bcf, total working gas is within the five-year historical range.
Illinois Commerce Commission order a victory for solar, advocates say
Illinois passed the Future Energy Jobs Act (FEJA) which you will hear about for some time. The act will be creating jobs in the renewable energy field to power Illinois’ future.
However, the law was challenged and the Illinois Commerce Commission has proposed changes to allow the benefits to be reserved for instate residents equally.
Some changes proposed include:
- Ban renewable energy credits from out of state
- Allow municipalities and coop customers to participate in the SREC program
- Community solar to prioritize many small consumers over a single large industrial user
We applaud the revisions to the FEJA and will participate to bring the jobs and environmental benefits to all Illinois customers.
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://energynews.us/2018/04/04/midwest/illinois-commerce-commission-order-a-major-victory-for-solar-advocates-say/
Winter Weather Update
We’ve enjoyed a long stretch of mild winter weather that is predicted to stop in the next few weeks. Shifting forecasts are showing a sustained burst of below normal temperatures impacting the Midwest to New England. Next week is expected to be exceptionally cold with elevated gas pricing across all markets. February forecasts have also shifted notably colder.
You may have noticed gas prices have been volatile this season. Prices through November and December had a severe increase which then backed down in the first couple weeks of the year. This has now reversed. Forward gas and power prices for the balance of January and February have risen considerably in the last few days. Realgy is monitoring these developments and bringing the lowest costs possible to our customers.
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.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,614 Bcf as of Friday, January 4, 2019, according to EIA estimates.
This represents a net decrease of 91 Bcf from the previous week. Stocks were 204 Bcf less than last year at this time and 464 Bcf below the five-year average of 3,078 Bcf. At 2,614 Bcf, total working gas is below the five-year historical range.
U.S. Department of Energy Announces $33 Million for Small Business Research and Development Grants
Small businesses are a key component to growth in the U.S. economy. The Small Business Innovation Research and Small Business Technology Transfer programs “were created by Congress to leverage small businesses to advance innovation at federal agencies.” Through these programs, 149 small businesses will be awarded grants by the U.S. Department of Energy for Phase I research and development.
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.energy.gov/articles/us-department-energy-announces-33-million-small-business-research-and-development-grants
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,725 Bcf as of Friday, December 21, 2018, according to EIA estimates.
This represents a net decrease of 48 Bcf from the previous week. Stocks were 623 Bcf less than last year at this time and 647 Bcf below the five-year average of 3,372 Bcf. At 2,725 Bcf, total working gas is below the five-year historical range.
