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Natural gas surges 14% as cold snap ahead is expected to boost demand

US natural gas futures surged 14% in early January 2022. This is on top of recent increases beginning in the fall of last year. In early October into November 2021 oil and natural gas prices surged.

Natural gas is a commodity purchased from suppliers (including utilities) at published prices. Typically, the price referenced is the NYMEX. All natural gas suppliers are impacted by the same cost increase. However, some suppliers such as utilities can delay the impact due to their regulatory price recovery. This can be understood when utilities do not share storage with their third-party suppliers. Natural gas in storage will not increase when the market price does. Those utilities can appear to have a lower price when in fact they just bought the gas during the summer and stored it. Michigan utilities operate like this; they do not provide their customer choosing a gas supplier with their share of storage volume. Therefore, the energy suppliers in Michigan cannot readily offer storage to their customer. Illinois utilities share their storage volumes equally between choice and tariff customers. Therefore, Illinois customer choice customers have nearly 20% of their winter gas purchased during the summer. Realgy calls this our Storage Program see Storage – Realgy Energy Services.

Natural gas pricing was not expected to rise significantly. However, Covid, weather, and consumer behaviors changed that forecast.

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. Currently we are in construction of our 8th project with the park district of Highland Park.

Additional Information:

How Will the Natural Gas Shortage Impact Fuel Dealers and Homeowners? – OILMAN Magazine

Natural gas surges 14% as cold snap ahead is expected to boost demand (cnbc.com)

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Realgy Wins Award For 2020 Lowest Residential Electricity Rate in Illinois

PRESS RELEASE

Realgy Wins Award For 2020 Lowest Residential Electricity Rate in Illinois

11 NOVEMBER 2021 | BY: REALGY, LLC

 

Energy research group Find Energy highlights outstanding electricity companies throughout the country. They recently announced Realgy Energy Services won the coveted award for Lowest Residential Rate in Illinois for 2020.

Data compiled found Realgy’s average residential rate was more than 35% below the national average. Find Energy also reported Realgy’s residential customer bills are about 22% lower than the US average.

President Michael Vrtis says, “This is a testament to our operations team’s commitment to uphold competitive prices and our customer care team’s dedication to providing top service. We appreciate our community and their continued business allowing us to best serve the state of Illinois.”

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://findenergy.com/providers/realgy-energy-services/

 

 

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Ameren Illinois, Nicor Gas customers should expect higher heating bills this winter

U.S. homeowners will see heating prices increase by as much as 54% according to the EIA. Ameren and Nicor are already warning Illinois customers to expect 30% higher bills. High demand, low supply, weather impacts, and natural gas inflation are forecast to cause commodity pricing to be the most expensive it’s been since 2008.

The utilities expect their cost to be 75% higher per therm this winter. If we have a milder winter, pricing impact should be lower. However, there are various ways to assist customers such as purchasing gas when it’s cheaper in the summer, energy savings tips, and payment and budget plans.

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.centralillinoisproud.com/news/local-news/ameren-illinois-nicor-gas-customers-should-expect-higher-heating-bills-this-winter/

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Illinois Shines

With the rise of solar usage, incentives are more available now and many are implemented through state programs. Illinois Shines was created by the Illinois Power Agency (IPA) to support developments for distributed solar generation and community solar. Monitored in accordance with the Future Energy Jobs Act, the IPA purchases Renewable Energy Credits (RECs) from community solar projects and sets costs through the Adjustable Block Program known as Illinois Shines.

Community solar benefits areas that cannot install rooftop arrays due to limited space, high costs, and issues with zoning laws. Illinois Shines increases solar access for residents that may not easily receive green energy while also providing information and inspections for vendors to become approved.

Illinois Shines’ evaluation of Realgy Energy Service’s solar arrays at Ridgeland Recreation Complex recently concluded. They state Realgy’s project is in compliance with program guidelines. We are proud to serve the Illinois community and help the state meet its renewable energy goals.

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://illinoisshines.com/

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Fight Robo-Scams

The Citizens Utility Board (CUB) advocates for Illinois’ citizens.  They fight utility rate hikes, promote environmentally friendly programs, and keep their consumers informed. Last month, Illinois Attorney General Kwame Raoul released a statement denouncing a robocall that told residents if they vote by mail, their information will be shared with various organizations.

CUB created a guide full of information on how to reduce calls from scammers and what not to do when you receive these calls. This is updated to warn you of the most recent scams people have encountered. For example: voting misinformation, government imposters, electric rip offs, bogus COVID-19 tests, and more. You can order a free copy or a printer- friendly version here which offers tips on avoiding scams that would rob you financially and/or of your rights.

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.citizensutilityboard.org/ 

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Illinoisans demand stricter coal ash rules, denounce state proposal

Coal is still about 50% of the fuel used to generate electricity in the U.S. nationwide with a larger percentage in the Midwest.

Combustion of coal results in large amounts of non-combustible material called coal ash. The remains include heavy metals such as arsenic, chromium, lead, and mercury. All these substances are poisonous or carcinogenic and can leach into ground water.

Illinois residents insist Governor Pritzker propose rules for storing coal ash to prevent ground water contamination. Currently when coal ash piles without a liner are rained on, the contaminates flow into the ground water.

A primary concern for advocates is coal ash impoundments near sources of drinking water via municipal systems or private wells.

Coal use as a fuel is reducing, however, it will continue as a fuel source. Our science and technology should be used to prevent it from poisoning our water sources.

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/2020/08/14/midwest/illinoisans-demand-stricter-coal-ash-rules-denounce-state-proposal/

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Illinois is protecting Utility customers from disruption during pandemic

The Illinois Commerce Commission has passed a COVID-19 protection response for Illinois Utility customers.

The relief is intended to protect consumers from loss of utilities during the pandemic.

Relief is available in the following areas:

  1. Disconnection
  2. Waiving Deposits
  3. Payment Plan
  4. Bill pay assistance

The assistance has the following limits:

Please contact your Utility to apply. Documentation will be required.

To find your utility’s contact, look at your bill or you can find it here: https://realgyenergyservices.com/customer-services/web-links/#1551681878726-b1861abf-f0df

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.citizensutilityboard.org/wp-content/uploads/2020/06/20200618_COVIDconsumerprotections.pdf

 

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Peoples Gas blows away record with first-quarter profit growth

What happens when a public utility gets approval from politicians to spend money? They do it, a lot of it. The result is record profits for public utilities.

Peoples Gas’ net income increased over 20% to $81.3 million. This was at a time when gas deliveries were down. They moved less gas to consumers.

So, how do you make more money and move less gas?

Through surcharges. Politicians approved costs that DO NOT have to be reviewed and approved by the Illinois Utility Regulatory Commission. These surcharges were approved in 2013 as a way to expedite repairs. However, Peoples has utilized this law to increase charges while maximizing revenue. Peoples’ parent company WEC Energy boosted its dividend payment by 7% this year.

Illinois legislators should review this law and amend it so rate payers do NOT continue to enrich corporations, which in-turn enriches politicians.

Insight into Peoples’ massive gas project can be reviewed: https://realgyenergyservices.com/state-orders-new-probe-of-massive-peoples-gas-project/

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.citizensutilityboard.org/blog/2020/06/10/peoples-blows-away-record-with-first-quarter-profit-growth-2/

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NICOR is spending $168 million; increasing your monthly bill.

Just as a chill returns, NICOR plans to increase your heating costs.

NICOR, the largest gas utility in Illinois, asked for $180 million which was reduced in a 3-2 vote by commissioners. Still, the increase is expected to raise every residential customer’s bill by over $3/ month.

This increase is on the distribution side of the bill for the delivery of gas through their pipes. The Illinois Customer Choice Program still offers consumers direct pricing from energy suppliers. Realgy publishes our price compared to NICOR every month; resulting in nearly 5% savings over the last 12 months which is typically between 4-8% monthly. This is about an $85 savings for an average residential customer.

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.chicagobusiness.com/utilities/nicors-168-million-rate-hike-will-cost-typical-household-3-plus-month

 

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A green power seller reacts to pending industry reform—with sky-high prices

Green Energy doesn’t have to be much more expensive than grid supplied energy.

An energy marketer is complaining that under recent changes to the Illinois Customer Choice program, their offer of green energy will increase dramatically. Their current offer is 78% higher than ComEd’s rate or $0.12 vs. $0.0672 for 12 months. They are expressing surprise that customers are complaining when they find out.

The changes to the Illinois Customer Choice program will require disclosure or comparison to the utility price and prevent short term fixed prices (trial offers) from renewing into long terms.

Realgy Energy Services discloses every month how our price compares to the utility rate at www.realgyenergyservices.com.

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.chicagobusiness.com/utilities/green-power-seller-reacts-pending-industry-reform-sky-high-prices

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