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Buying power from an indie? You may be paying too much.

Customer Choice is usually introduced as unleashing market forces to bring about savings compared to the monopoly utility. And it does. Then Energy Marketers conform to the “landscape” the regulators and politicians create. The latest case in point is Illinois. IL trumpeted savings provided by Energy Marketers in 2013 at $37 BILLION.

Then the Energy Marketers who bring market pricing direct to consumers had an increase due to the following changes:

  1. Regulatory demands- oversight and compliance
  2. Taxes and fees- IL charges Energy marketers for the agency that buys power for the utilities (yes, you read that right)
  3. Utilities cost for supplying power decreased to nearly below market pricing at times (see comment 2)
  4. Municipalities were allowed to offer their residents energy; typically low for the first year which then increased. Of course, the municipalities wanted the Energy Marketers to pay them so the resident’s cost increased.

Consider how the above market changes caused $37 BILLION in 2013 to change…

value

These changes produce: less innovation, lower utility costs, and higher market costs. The current environment in IL is that the regulatory and political consideration seems to be driving out Energy Marketers to facilitate the return of the monopoly utility.

Realgy still provides savings compared to Illinois utilities.

Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. 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.chicagobusiness.com/article/20170715/ISSUE01/170719893#utm_medium=email&utm_source=ccb-morning10&utm_campaign=ccb-morning10-20170718

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 2,945 Bcf as of Friday, July 7, 2017, according to EIA estimates.

Stocks were 289 Bcf less than last year at this time and 172 Bcf above the five-year average of 2,773 Bcf. At 2,945 Bcf, total working gas is within the five-year historical range.

7 7 17 weekly storage report

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How Retiring Nuclear Power Plants May Undercut U.S. Climate Goals

 

Low natural gas costs have decreased energy prices and greenhouse gas emissions. However, now those low costs are putting nuclear plants out of business. Clean energy cannot keep up with the demand created when losing those reactors. To make up for the lack of power generated, coal and gas must step up. This will result in a loss of the gains renewables have made over the years.

Unless policy makers help stop the early retirement of these reactors, the U.S. is looking at an increase in pollution. We can see the hesitancy in helping to subsidize this industry but, we also see the benefits. These factors all feed into a larger debate on the importance of climate change.

Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. 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.nytimes.com/2017/06/13/climate/nuclear-power-retirements-us-climate-goals.html?partner=rss&emc=rss&_r=2

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Can U.S. clean energy still lead after Trump’s Paris gambit?

 

Trump Paris announcement. Photo credit: @WhiteHouse/Twitter

The U.S.’s withdrawal from the Paris Agreement has been a discussion all over the world. Clean energy will be affected in every aspect from various projects to international relationships. In the meantime, many people are wondering how it will change domestically. Research and development, technology, and manufacturing are just a few areas that are concerned about their efforts being hindered.

Will the U.S. still be on course to lead and compete with other powerhouses such as China and Europe?

Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. 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.eenews.net/stories/1060055520

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Realgy Energy Services Receives 2017 Best of West Hartford Award

West Hartford Award Program Honors the Achievement

WEST HARTFORD June 2, 2017 — Realgy Energy Services has been selected for the 2017 Best of West Hartford Award in the Gas Company category by the West Hartford Award Program.

Each year, the West Hartford Award Program identifies companies that we believe have achieved exceptional marketing success in their local community and business category. These are local companies that enhance the positive image of small business through service to their customers and our community. These exceptional companies help make the West Hartford area a great place to live, work and play.

Various sources of information were gathered and analyzed to choose the winners in each category. The 2017 West Hartford Award Program focuses on quality, not quantity. Winners are determined based on the information gathered both internally by the West Hartford Award Program and data provided by third parties.

About West Hartford Award Program

The West Hartford Award Program is an annual awards program honoring the achievements and accomplishments of local businesses throughout the West Hartford area. Recognition is given to those companies that have shown the ability to use their best practices and implemented programs to generate competitive advantages and long-term value.

The West Hartford Award Program was established to recognize the best of local businesses in our community. Our organization works exclusively with local business owners, trade groups, professional associations and other business advertising and marketing groups. Our mission is to recognize the small business community’s contributions to the U.S. economy.

SOURCE: West Hartford Award Program

CONTACT:
West Hartford Award Program
Email: PublicRelations@onlineawarded.org
URL: http://www.onlineawarded.org

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

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Renewables provide more than half UK electricity for first time

Solar panels at Worthy Farm, Somerset

 

The cost of renewable electricity production has come down faster than anyone has anticipated. In particular, the production from off shore turbines.

The days of high output are uncertain, which puts a strain on management of the electricity supply. This is exacerbated by the lack of storage (~1% comes from storage).

Without storage and with the uncertainty of what days will provide electricity, we still need coal plants and other traditional sources of electricity. Storage is the next technology piece that is needed to put us on a path of renewable energy usage at all times.

Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. 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.bbc.com/news/business-40198567

 

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How Liquefied Natural Gas Will Transform Global Energy Markets

Liquefied natural gas, which can be moved by special tanker instead of through pipelines, is remaking the global energy market, according to WSJ Energy Expert Jason Bordoff.

When it comes to natural gas, you might be more familiar with its usage in homes as well as within power and manufacturing areas. It is also used as vehicle fuel with a lesser awareness but is becoming more common. By liquefying natural gas, we can now overcome the inconvenience we had with transporting it.

Due to America’s gas production increasing, we are now predicted to be in the top three by 2020 for natural gas exporters. The International Energy Agency predicts most of the worldwide long-distance gas trade will be by LNG rather than pipeline by 2040. This means more competition and will cause global gas markets to be better for the majority. The U.S. is predicted to emerge as a superpower and will better many aspects connected to the natural gas market.

Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. 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://blogs.wsj.com/experts/2017/05/25/how-liquefied-natural-gas-will-transform-global-energy-markets/

 

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Changing minds on a changing climate

climate changeClimate denial or climate change believer… you don’t have to change your mind to support the environment.

Climate denial is a belief that current (and future) weather patterns have NOT been greatly influenced from human behavior.

Climate change is evidence based belief that current and projected weather patterns have been and will be greatly influenced with human behavior.

Wherever you are in your understanding of climate change, there appears to be several areas that offer an opportunity to discuss climate change. Here are the topics open to discussion:

  • Science and irrefutable evidence based facts
  • Stewardship and acknowledged benefits of clean energy
  • Current weather patterns are significantly different than the current past
  • Who’s facts do you agree with and do you want to associate with credible sources?

So whatever camp you fall into, please share the science that supports your position. Is your position sustainable, does it explain current weather patterns and do you have sources that are trust worthy?

Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. 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 GuaranteedSavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.

Additional Information:

https://www.yaleclimateconnections.org/2017/04/changing-minds-on-a-changing-climate/

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State orders new probe of massive Peoples Gas project

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Q: How many different people does it take to lay pipe in the ground?

A: 50: 1 to dig the hole, 1 to put in the pipe, 5 to supervise and 43 to audit, regulate, review, police and provide oversight

The Illinois Commerce Commission, the entity responsible for oversight over utility monopolies in Illinois, has announced that the Peoples Gas pipeline replacement project be reopened and investigated.

Peoples Gas has been digging up Chicago streets for over a year as part as part of what was a $5.7 billion and is now projected to be over $7 billion. The ICC previously investigated Peoples Gas and fined them $18 million, oh but they approved $3.5 billion of the project!

Perhaps the ICC will hold Peoples Gas accountable for spending recklessly and not approve billions while barely slapping their hand with a petty fine

Previous reports have provided insight into the topic include: http://realgyenergyservices.com/?s=peoples+gas

  1. Peoples Gas Admit it withheld information; receives $3.5 Billion more but pays $18 Million fine.
  2. “I am NOT a crook!”
  3. Peoples Gas Officials ‘Misled’ Regulators About Cost Overruns
  4. Who oversees a monopoly that is spending recklessly?
  5. Peoples Gas parent to be acquired in $9.1 billion deal

Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. 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.chicagobusiness.com/article/20170301/NEWS11/170309973#utm_medium=email&utm_source=ccb-morning10&utm_campaign=ccb-morning10-20170302

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 3,963 Bcf as of Friday, October 28, 2016, according to EIA estimates. This represents a net increase of 54 Bcf from the previous week. Stocks were 48 Bcf higher than last year at this time and 173 Bcf above the five-year average of 3,790 Bcf. At 3,963 Bcf, total working gas is above the five-year historical range.

Estimated 57 Bcf
Vs
Actual 54 Bcf

US gas storage levels look all but guaranteed to set a record high in the coming weeks as Henry Hub prompt-month futures and spot prices plummeted over the past week while the market awaits winter demand. The US Energy Information Administration will estimate a 57-Bcf injection to natural gas in underground storage for the reporting week that ended October 28, according to a consensus of analysts surveyed by Platts. Analysts’ estimates in the survey ranged for an injection of 53 Bcf to 60 Bcf. The EIA plans to release its weekly storage report at 10:30 am EDT Thursday. A 57-Bcf build would be close to the 58-Bcf build reported at this time in 2015 and less than the five-year average injection, which is 63 Bcf, according to EIA data. It would be the 26th consecutive weekly build registering below the five-year average. An injection within analysts’ expectations of 57 Bcf would grow stocks to 3.966 Tcf, only 43 Bcf less than the all-time storage peak of 4.009 Tcf set late last November

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