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Duke Energy wants customers to pay more in order to cover storm repair costs

Image result for rate hike

This year’s major storms such as Hurricane Florence cost Duke Energy hundreds of millions of dollars. They are contemplating passing some of those expenses onto customers through a rate hike.

Currently, charges are undetermined but, the ultimate decision lies in the hands of the utilities commission for how much and if/when these costs will occur.

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://abc11.com/weather/duke-energy-calls-for-rate-hike-to-cover-storm-repair-costs/4974255/

 

 

 

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 2,773 Bcf as of Friday, December 14, 2018, according to EIA estimates.

This represents a net decrease of 141 Bcf from the previous week. Stocks were 697 Bcf less than last year at this time and 720 Bcf below the five-year average of 3,493 Bcf. At 2,773 Bcf, total working gas is below the five-year historical range. 

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Realgy, LLC Receives 2018 Best of West Hartford Award

Press Release

Realgy, LLC Receives 2018 Best of West Hartford Award

West Hartford Award Program Honors the Achievement

WEST HARTFORD December 6, 2018 — Realgy, LLC has been selected for the 2018 Best of West Hartford Award in the Professional Services 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 2018 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.

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@awardingbest.com
URL: http://www.awardingbest.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.

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 2,914 Bcf as of Friday, December 7, 2018, according to EIA estimates.

This represents a net decrease of 77 Bcf from the previous week. Stocks were 722 Bcf less than last year at this time and 723 Bcf below the five-year average of 3,637 Bcf. At 2,914 Bcf, total working gas is below the five-year historical range.

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Developer seeks city approval to replace Crawford power plant in Little Village with massive distribution center

Chicago’s Little Village is home to a retired coal-fired power plant. Future use of the space is being planned by Hilco Redevelopment Partners with the approval of the City Council. Hilco plans to convert it into a distribution center and they believe the jobs created would benefit the city.

Some are wary of this renovation as the plant “was designed by noted architecture firm Graham, Anderson, Probst & White and opened in the 1920s”. Although the building needs to be demolished, they hope to repurpose various pieces. Added advantages are Hilco plans to use a power infrastructure to support electric vehicles and other renewable energy sources such as solar panels.

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.chicagotribune.com/business/columnists/ori/ct-biz-crawford-station-warehouse-ryan-ori-20180912-story.html

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PriceWatch™ for Winter 2018 – 2019

Realgy’s PriceWatchTM service continuously monitors the natural gas market to bring you the best fixed rates when it can reduce costs over a recommended time period.

Last winter was 15% warmer than a Normal winter. Previous winters have included the words “Polar Vortex”… This year’s forecast was for a warmer winter. However, it has been colder than predicted.  Last winter, Realgy’s PriceWatchTM recommendation saved customers 13.7 %.

Since September, natural gas prices have increased nearly 40%; from $3.00 to over $4.00 (wholesale prices).

Realgy Energy Services, your natural gas supplier is NOT recommending that you lock in this winter’s price for natural gas. Our fixed price would be above the utility. The reason is due to this price spike. The forecasted weather was for a warmer winter, but it has been colder; that in conjunction with low storage amounts has resulted in the unexpected increase. Realgy will continue to monitor natural gas prices and will provide a fixed price when we can provide savings.

If you have ANY Questions, please contact our Customer Care Team at support@realgy.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.

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 3,054 Bcf as of Friday, November 23, 2018, according to EIA estimates.

This represents a net decrease of 59 Bcf from the previous week. Stocks were 644 Bcf less than last year at this time and 720 Bcf below the five-year average of 3,774 Bcf. At 3,054 Bcf, total working gas is below the five-year historical range.

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 3,247 Bcf as of Friday, November 9, 2018, according to EIA estimates.

This represents a net increase of 39 Bcf from the previous week. Stocks were 528 Bcf less than last year at this time and 601 Bcf below the five-year average of 3,848 Bcf. At 3,247 Bcf, total working gas is below the five-year historical range.

 

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Natural gas prices spike on cold weather and lowest early season supply in 15 years

Natural gas storage is at a 5 year low and we have a brief cold spell….so natural gas traders have run the market up.

In the graph below, the thick blue line is the current season… this is well below the 5 year average.

Natural gas prices have moved to their highest since Feb 2018.

…due to a little cold weather.

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:
http://www.thonline.com/news/tri-state/article_13b4f4e3-3b47-555c-a828-8e1ef4ffac2c.html

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 3,208 Bcf as of Friday, November 2, 2018, according to EIA estimates.

This represents a net increase of 65 Bcf from the previous week. Stocks were 580 Bcf less than last year at this time and 621 Bcf below the five-year average of 3,829 Bcf. At 3,208 Bcf, total working gas is below the five-year historical range.

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