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DOE EIA Weekly Gas Storage Report

Working gas in storage was 3,595 Bcf as of Friday, October 6, 2017, according to EIA estimates.

This represents a net increase of 87 Bcf from the previous week. Stocks were 153 Bcf less than last year at this time and 8 Bcf below the five-year average of 3,603 Bcf. At 3,595 Bcf, total working gas is within the five-year historical range.

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ComEd community solar tariff approved by Illinois regulator

The ICC approved ComEd’s solar tariff application. A solar customer can subscribe to a minimum and a maximum of the output of a single community solar installation. Various concerns were discussed about the pricing and exclusion of transmission charges. However, the ICC sided with ComEd. There is a possibility for adjustments but it is uncertain how intervenors will move forward. The tariff is another step in furthering the efforts of the Future Energy Jobs Act.

Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Indiana, Michigan, 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.

Additional Information:

https://pv-magazine-usa.com/2017/10/09/comed-community-solar-tariff-approved-by-illinois-regulator/

 

 

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Michigan’s ‘largest solar park’ will produce enough energy to power 11,000 homes

One of the largest utility-owned solar parks east of the Mississippi is now up and running. Lapeer is generating enough energy to power 11,000 homes. DTE has invested in solar energy and plans to cut carbon emissions by more than 80% by 2050.

Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Indiana, Michigan, 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.

Additional Information:

https://www.cnbc.com/2017/10/10/michigans-largest-solar-park-will-produce-enough-energy-to-power-11000-homes.html

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Electric cars will wipe out oil demand equal to Iran’s output by 2025, Barclays says

A Tesla Model S vehicle being charged.

Due to the growing demand for electric vehicles (sales rose 40% last year), oil consumption could drastically decrease over the next 20 years. Various markets have proposed banning or curbing vehicles that burn fossil fuels and more are considering the same. Barclays analysts project that by 2025, 3.5 million barrels a day of oil demand could be wiped out. To compare, Iran is the 3rd largest OPEC producer and pumps a total 3.8 million barrels a day. The projections only increase as time goes on. However, there are still hesitations to electric vehicles especially with consistently low gasoline prices encouraging larger vehicle purchases.

Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Indiana, Michigan, 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.

Additional Information:

https://www.cnbc.com/2017/10/05/electric-cars-could-cut-oil-demand-roughly-equal-to-irans-output.html

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Another Nebraska family installs solar panels in path of Keystone XL pipeline

solar panels

The Keystone XL oil pipeline path would be from Canada through several states, threatening the health and businesses of many Americans. Landowners have been fighting the proposal, some by installing solar panels in the path of the pipeline. This resistance to the expansion of fossil fuel usage shows the need to focus on creating more renewable energy systems.  They continue to urge the commissioners to deny this project a permit.

Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Indiana, Michigan, 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.

Additional Information:

http://www.wisconsingazette.com/news/another-nebraska-family-installs-solar-panels-in-path-of-keystone/article_24c00750-9ed2-11e7-ae4f-dff624ea7575.html

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 3,508 Bcf as of Friday, September 29, 2017, according to EIA estimates

This represents a net increase of 42 Bcf from the previous week. Stocks were 161 Bcf less than last year at this time and 8 Bcf below the five-year average of 3,516 Bcf. At 3,508 Bcf, total working gas is within the five-year historical range.

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