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Windy days in NIPSCO’s future

How will NIPSCO lower the cost of electricity in the coming years? By switching from coal to wind.

Yes, wind.

NIPSCO recently announced that some 800 MW of coal fired power plants will be replaced with wind turbines. That’s enough power to supply 500,000 people.

NIPSCO is not taking a risk or putting their customers at risk. NIPSCO has selected three experienced wind energy developers that will build, own and operate the plants and sell the power to NIPSCO.

The projects will reduce the current and forecasted price of electricity because wind doesn’t need any fuel other than well….wind. The wind projects are expected to be operating by late 2020.

Perhaps NIPSCO will allow their customers to purchase the power directly as NIPSCO Customer Choice allows their gas customers.

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.thenewsdispatch.com/news/article_e3c1b759-c6c6-5211-b52b-3f66e40b88cb.html

 

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 1,960 Bcf as of Friday, February 1, 2019, according to EIA estimates.

This represents a net decrease of 237 Bcf from the previous week. Stocks were 135 Bcf less than last year at this time and 415 Bcf below the five-year average of 2,375 Bcf. At 1,960 Bcf, total working gas is within the five-year historical range.

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 2,197 Bcf as of Friday, January 25, 2019, according to EIA estimates.

This represents a net decrease of 173 Bcf from the previous week. Stocks were 14 Bcf less than last year at this time and 328 Bcf below the five-year average of 2,525 Bcf. At 2,197 Bcf, total working gas is within the five-year historical range.

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 2,370 Bcf as of Friday, January 18, 2019, according to EIA estimates.

This represents a net decrease of 163 Bcf from the previous week. Stocks were 33 Bcf higher than last year at this time and 305 Bcf below the five-year average of 2,675 Bcf. At 2,370 Bcf, total working gas is within the five-year historical range.

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Illinois Commerce Commission order a victory for solar, advocates say

Illinois passed the Future Energy Jobs Act (FEJA) which you will hear about for some time. The act will be creating jobs in the renewable energy field to power Illinois’ future.

However, the law was challenged and the Illinois Commerce Commission has proposed changes to allow the benefits to be reserved for instate residents equally.

Some changes proposed include:

  1. Ban renewable energy credits from out of state
  2. Allow municipalities and coop customers to participate in the SREC program
  3. Community solar to prioritize many small consumers over a single large industrial user

We applaud the revisions to the FEJA and will participate to bring the jobs and environmental benefits to all Illinois customers.

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/2018/04/04/midwest/illinois-commerce-commission-order-a-major-victory-for-solar-advocates-say/

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Winter Weather Update

We’ve enjoyed a long stretch of mild winter weather that is predicted to stop in the next few weeks. Shifting forecasts are showing a sustained burst of below normal temperatures impacting the Midwest to New England. Next week is expected to be exceptionally cold with elevated gas pricing across all markets. February forecasts have also shifted notably colder.

You may have noticed gas prices have been volatile this season. Prices through November and December had a severe increase which then backed down in the first couple weeks of the year. This has now reversed. Forward gas and power prices for the balance of January and February have risen considerably in the last few days. Realgy is monitoring these developments and bringing the lowest costs possible to our customers.

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.

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 2,614 Bcf as of Friday, January 4, 2019, according to EIA estimates.

This represents a net decrease of 91 Bcf from the previous week. Stocks were 204 Bcf less than last year at this time and 464 Bcf below the five-year average of 3,078 Bcf. At 2,614 Bcf, total working gas is below the five-year historical range. 

 

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U.S. Department of Energy Announces $33 Million for Small Business Research and Development Grants

Image result for grants research

Small businesses are a key component to growth in the U.S. economy. The Small Business Innovation Research and Small Business Technology Transfer programs “were created by Congress to leverage small businesses to advance innovation at federal agencies.” Through these programs, 149 small businesses will be awarded grants by the U.S. Department of Energy for Phase I research and development.  

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.energy.gov/articles/us-department-energy-announces-33-million-small-business-research-and-development-grants

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 2,725 Bcf as of Friday, December 21, 2018, according to EIA estimates.

This represents a net decrease of 48 Bcf from the previous week. Stocks were 623 Bcf less than last year at this time and 647 Bcf below the five-year average of 3,372 Bcf. At 2,725 Bcf, total working gas is below the five-year historical range. 

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Forbes’ 2018 Year-End Energy Quiz

Discover how much you actually know about the energy we rely on. Click here for the quiz. 

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.forbes.com/sites/jamesconca/2018/12/31/the-2018-year-end-energy-quiz/#24f265669096 

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