DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,308 Bcf as of Friday, July 27, 2018, according to EIA estimates.
This represents a net increase of 35 Bcf from the previous week. Stocks were 688 Bcf less than last year at this time and 565 Bcf below the five-year average of 2,873 Bcf. At 2,308 Bcf, total working gas is below the five-year historical
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,273 Bcf as of Friday, July 20, 2018, according to EIA estimates.
This represents a net increase of 24 Bcf from the previous week. Stocks were 705 Bcf less than last year at this time and 557 Bcf below the five-year average of 2,830 Bcf. At 2,273 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,249 Bcf as of Friday, July 13, 2018, according to EIA estimates.
This represents a net increase of 46 Bcf from the previous week. Stocks were 710 Bcf less than last year at this time and 535 Bcf below the five-year average of 2,784 Bcf. At 2,249 Bcf, total working gas is within the five-year historical range.
The most powerful becomes the most affordable
What’s the most powerful and abundant energy source on the planet? What about the cheapest…? Yep, solar energy.
Illinois requires that by 2025, 25% of their energy should be supplied by renewable resources.
So, they created incentives to help very large solar plants (called community solar farms- these can be up to 2 MW or enough for about 200 homes) and residential homeowners.
The installation can be very simple. The financial outlay is paying for roughly 25 years of electricity upfront. However, with the state mandate, the system that would cost $30,000 for a homeowner would now cost about $5,000 after all state and federal incentives are recovered.
Still, it is a significant investment and it does require the “right” location (sunny roof facing south). Another way of participating is through solar community farms. This is where a large solar array is located within Illinois and individuals can purchase a portion of the farm’s output. No installation at your own home is required.
The state is trying to provide the homeowners, small businesses and utilities with the opportunity to invest in and benefit from renewable electricity.
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 6 solar plants in Illinois and is looking to invest in additional locations.
Additional Information:
http://illinoistimes.com/article-19881-exploring-solar-systems.html
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,203 Bcf as of Friday, July 6, 2018, according to EIA estimates.
This represents a net increase of 51 Bcf from the previous week. Stocks were 725 Bcf less than last year at this time and 519 Bcf below the five-year average of 2,722 Bcf. At 2,203 Bcf, total working gas is within the five-year historical range.
Illinois Wholesale Prices
Summer’s energy prices are upon us… however, they were set back in April 2018.
The winning bids were from energy suppliers that include: private companies, utility owned generation, municipal owned generation and out of state power companies.
Winning suppliers include:
- Axpo U.S. LLC
- Shell Energy North America (US), L.P.
- Dynegy Marketing and Trade, LLC
- The Energy Authority, Inc.
- Exelon Generation Company, LLC
- TransAlta Energy Marketing (U.S.) Inc.
- Macquarie Energy LLC
- Union Electric Company d/b/a Ameren Missouri
- NextEra Energy Marketing, LLC
These entities represent part of the wholesale power market; entities capable of generating electric power. Realgy buys from these same companies.
The average pricing for June-Aug 2018 ranged from $0.01995 to about $0.03 kWh. The utility increases this cost to roughly $0.05-0.06 to cover their costs. Realgy has less costs to cover and can charge less. This is for the energy portion of your bill. The distribution costs (which are roughly ½ of a bill) are the same whether you are with Realgy (energy marketer) or the utility.
Realgy saves customers money by purchasing in the wholesale market and increasing the wholesale price less than the utility.
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 6 solar plants in Illinois and is looking to invest in additional locations.
Additional Information:
https://www.ipa-energyrfp.com/?wpfb_dl=1623