Natural Gas Forecast
U.S. dry natural gas production is forecast to average 73.5 billion cubic feet per day (Bcf/d) in 2017, a 1.2 Bcf/d increase from the 2016 level. Natural gas production in 2018 is forecast to be 3.9 Bcf/d above the 2017 level.
In July, the average Henry Hub natural gas spot price was $2.98 per million British thermal units (MMBtu), about the same as in June. Higher natural gas exports and growing domestic natural gas consumption in 2018 contribute to the forecast Henry Hub natural gas spot price rising from an annual average of $3.06/MMBtu in 2017 to $3.29/MMBtu in 2018. NYMEX contract values for December 2017 delivery that traded during the five-day period ending August 3 suggest that a range of $2.17/MMBtu to $4.48/MMBtu encompasses the market expectation for December Henry Hub natural gas prices at the 95% confidence level.
Illinois Rules Review Committee Rejects Requirement For Double Verification Of Retail Electric Sales
The Illinois Commerce Commission issued a second notice prior to issuing new rules governing retail energy marketing.
The new rules will include:
- Notification through a separate letter whenever a monthly bill period would increase by 20%
- Limit door-to-door marketing to 9AM-7PM
- Provide 12 months of history of the energy marketer’s rate
Realgy issues a monthly comparison of our price compared to each utility (Comp). Our Comp allows you to compare under various usage amounts how much savings you would achieve over the last 12 months.
Realgy is proud of our service in Illinois and in providing real savings.
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.
Additional Information:
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,311 Bcf as of Friday, September 8, 2017, according to EIA estimates.
This represents a net increase of 91 Bcf from the previous week. Stocks were 179 Bcf less than last year at this time and 43 Bcf above the five-year average of 3,268 Bcf. At 3,311 Bcf, total working gas is within the five-year historical range.
Energy Department Invests Up to $50 Million to Improve the Resilience and Security of the Nation’s Critical Energy Infrastructure
Hurricane season has hit hard this year. Many continue to be impacted by the destructive storms with a lack of power being a huge setback. The Department of Energy (DOE) has decided to award National Laboratories to improve the Nation’s critical energy infrastructure for electricity, oil, and natural gas. The ability to withstand and recover quickly from energy interruptions needs to be a priority for the DOE. The awards are up to $50 million and will help shape the future of the Nation’s grid to ensure resilience and security.
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.energy.gov/articles/energy-department-invests-50-million-improve-resilience-and-security-nation-s-critical
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,220 Bcf as of Friday, September 1, 2017, according to EIA estimates.
This represents a net increase of 65 Bcf from the previous week. Stocks were 212 Bcf less than last year at this time and 15 Bcf above the five-year average of 3,205 Bcf. At 3,220 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,155 Bcf as of Friday, August 25, 2017, according to EIA estimates.
This represents a net increase of 30 Bcf from the previous week. Stocks were 239 Bcf less than last year at this time and 8 Bcf above the five-year average of 3,147 Bcf. At 3,155 Bcf, total working gas is within the five-year historical range.
Alternative electric supplier uses ‘deceptive’ practices, lawsuit claims
The Illinois Attorney General is actively investigating and prosecuting deceptive practices of energy marketers. NY is cracking down as well. Realgy welcomes such investigations and inquiries.
Consumer abuse and misleading statements we hear about every day include:
- Customers being sold a fixed price that expires after one month to be replaced with a “market based variable rate” which is above the utilities default service.
- A fixed price that is so far above the utilities price it could never provide savings to a customer.
- Cancellation fee(s) that are intended to prevent a customer from switching away from a marketer; not to recover any legitimate cost.
Realgy helps alleviate such abuse and misleading sales tactics every day:
- Realgy’s pricing is routinely below the utilities we supply for (such as Nipsco, ComEd, Ameren, Nicor, Peoples, North Shore and MidAmerican).
- Realgy’s energy cost is historically lower than other choice suppliers.
- Realgy offers residential fixed pricing ONLY for a season; thereby protecting the customer from any sudden price spike.
- Realgy is listed as a choice supplier on the utility’s website as well as with the public utilities commission.
Many calls that customers receive are from companies that will tell you their supply cost is lower but, that doesn’t always include extra portions that increase their actual rates. Realgy is honest and up front about what your costs will be and how you would see them appear on your bill. We clearly state how our program works for each customer and we make sure to answer any questions they may have. Realgy is proud to save our customer’s money on their utility supply.
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.
Additional Information:
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,125 Bcf as of Friday, August 18, 2017, according to EIA estimates.
This represents a net increase of 43 Bcf from the previous week. Stocks were 223 Bcf less than last year at this time and 45 Bcf above the five-year average of 3,080 Bcf. At 3,125 Bcf, total working gas is within the five-year historical range
Realgy Energy Services enters the Ohio market
Michael Vrtis, President of Realgy Energy Services (RES) recently announced the Public Utilities Commission of Ohio (PUCO) has authorized the company’s expansion into Ohio. RES is now an Energy Choice supplier for Duke Energy customers in Ohio. Residential and commercial accounts will now be able to receive both their natural gas and electric supply from Realgy.
Before entering into a new market, Realgy considers several matters.
“Above all, we make sure we can help customers save money in each utility area. We perform detailed evaluations over the course of about a year. Generally, we expand due to the demand of existing customers, as was the case for serving the Duke Energy area in Ohio.” -Michael Vrtis
Realgy is excited about the expansion of their service. With this program, customers will be able to save money on the supply portion of their utility bills.
Additional Ohio utilities RES is approved for and will begin serving:
- The Ohio Edison Company
- The Toledo Edison Company
- The Cleveland Electric Illuminating Company
PUCO also granted authorization to RES to serve in the following areas:
- Columbia Gas of Ohio
- Dayton Power and Light (DPL)
- Dominion East Ohio
- American Electric Power (AEP)
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.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,082 Bcf as of Friday, August 11, 2017, according to EIA estimates.
This represents a net increase of 53 Bcf from the previous week. Stocks were 254 Bcf less than last year at this time and 55 Bcf above the five-year average of 3,027 Bcf. At 3,082 Bcf, total working gas is within the five-year historical range.
