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How Duke’s Unique Energy Landscape Dictates Its Path to Net Zero

Based in North Carolina, Duke Energy’s customer usage is double in comparison to other areas around the country since most rely highly on electric appliances for both cooling and heating. Duke must be able to compensate enough energy for peaks of high loads throughout both winter and summer.

Some unique circumstances must be overcome if they continue planning to reach 50% carbon reduction by 2030. Options are limited, costly, and will require years of planning and building. Solar generation is weak due to low output during winter when there have been weeks on end of only 20% yield. Wind farms aren’t as reliable in the Southeast unless locations are offshore. However, Duke’s major load centers are inland. They would need to invest in transmission lines plus battery installations. Plans are already in motion to upgrade their pumped hydro storage as they are the most reliable long-duration storage system. This will ensure long term needs are met and will help Duke’s journey to reducing carbon.

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.greentechmedia.com/articles/read/how-duke-energys-southeastern-service-territory-dictates-its-path-to-zero-carbon

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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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The True Impact Of COVID-19 On Natural Gas Demand

2020 has seen a record decline in natural gas usage. Covid-19 hit directly after a warmer winter in the northern hemisphere. Both factors created the largest shock in the history of natural gas global markets and severely impacted the industry. Demand is expected to drop by 4% year on year and all regions with major markets will be hit; losing about 75% of consumption this year. Markets are adjusting supply and trade resulting in high volatility. Future developments will have a lasting impact from this pandemic and we will see more uncertainties come to light as the year progresses.

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://oilprice.com/Energy/Energy-General/The-True-Impact-Of-COVID-19-On-Natural-Gas-Demand.html

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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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Looking Back

As we prepare to ring in the new year, most are looking back on an incredible year of innovations and historical moments. Events such as these do not occur without hard work, inspiration, and dedication. Look back at the last year and relish the ups and downs, the hurdles and accomplishments; whether minor or grand, know that 2019 set the precedence for our future. And it sure is looking bright.

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://realgyenergyservices.com/illinois-100-clean-energy-bill/

https://realgyenergyservices.com/ridgeland-recreation-complex-completes-addition-to-its-solar-power-project/

https://realgyenergyservices.com/midwest-groundcovers-completes-addition-to-solar-power-project/

https://realgyenergyservices.com/transforming-energy-education-in-the-digital-age/

https://realgyenergyservices.com/water-breakthrough-device-uses-solar-power-to-produce-clean-water-and-electricity/

https://realgyenergyservices.com/this-device-harnesses-the-cold-night-sky-to-generate-electricity-in-the-dark/

https://realgyenergyservices.com/worlds-largest-offshore-wind-farm-is-nearly-complete-can-power-1000000-homes/

https://realgyenergyservices.com/doe-must-implement-4-long-delayed-efficiency-standards-9th-circuit-rules/

https://realgyenergyservices.com/water-breakthrough-device-uses-solar-power-to-produce-clean-water-and-electricity/

https://realgyenergyservices.com/wind-energy-supplies-nearly-7-of-us-electric-demand/

https://realgyenergyservices.com/secretive-energy-startup-backed-by-bill-gates-achieves-solar-breakthrough/

https://realgyenergyservices.com/powerhouse-building-produces-more-energy-than-it-needs/

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Love Michigan Clean Energy Plan

Consumers Energy unveiled a “Love Michigan” tour to introduce their Clean Energy Plan. Their focus is on meeting the state’s electricity demands with 90% clean energy resources by 2040 while reducing carbon emissions and eliminating coal. They will be encouraging every resident and business to participate in various programs designed to save energy and money. Optimization of new technologies geared towards these goals will be put in place to rely more on renewable energy sources such as wind and solar.

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.mlive.com/news/2019/08/clean-energy-plan-is-consumers-energys-commitment-to-people-planet-prosperity.html

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More renewable energy options available under Duke Energy’s Green Source Advantage

Duke Energy has expanded renewable energy choices for their large energy users. Through the Green Source Advantage (GSA) program, customers can choose their renewable supplier and negotiate preferred price terms and contract length. They will take applicants until the 600 MW capacity is fully subscribed. Partial capacity is set aside for military installations and University of North Carolina institutions. Duke has been investing in renewable energy and increasing solar energy awareness for all customers “to create a smarter energy future for the people and communities it serves”.

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://finance.yahoo.com/news/more-renewable-energy-options-available-122900991.html

 

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Realgy Settlement with IAG

PRESS RELEASE

Realgy Settlement with IAG

20 AUGUST 2019 | BY: REALGY, LLC

Realgy Energy Services recently settled an investigation with the Illinois Attorney General (IAG) over allegations of non-compliance with consumer protection laws.

The IAG investigation stemmed from a TV report and a unique Realgy offer; Guaranteed Savings below the utility. Realgy is the only energy marketer in Illinois that guarantees its energy rate will be below the utility. The investigation covered 7 years, the entire time Realgy Energy Services provided service to residential customers in Illinois.

The result, Realgy provided savings per below:

Utility Savings Energy Savings ($)
NICOR, Peoples and North Shore Yes Over $300,000
Ameren Yes Over $400,000
ComEd Yes Over $110,000

 

Michael Vrtis of Realgy Energy Services stated, “The investigation looked at our energy costs paid by the customer compared to what the customer would’ve paid for the utility’s cost each month during the 7 years we served residential customers. Customer savings resulted from the fact that Realgy’s energy costs were on average less than the utility.”

So, Realgy saved Illinois customers money.

However, Realgy reached a settlement with the IAG to refund $181,000 to ComEd customers. Again, Michael Vrtis, “Yes, even though our energy costs were less during this time, we had a high turnover of customers. The resulting early termination fees paid by these customers when added to the savings brought the total costs to ComEd customers above the utility.”

Realgy acknowledged the IAG findings in agreeing to the refund as its goal is to provide savings as compared to the utility costs. “The IAG conducted a fair review of Realgy’s practices and we agreed to the refund and to changes already made to our sales practices like eliminating door to door enrollments and monitoring our sales agents more closely,” stated Michael Vrtis. The IAG assembled a list of transgressions they uncovered during their investigation of many other energy marketers. The list was included in the settlement even though Realgy was already in compliance with them.

Realgy reported that the bulk of the refunded amount of $100,704.06 will go to 1,871 existing customers and the remainder to clients that were served by Realgy between January 2012 and January 2019. The average refund is $36.60.

Realgy, LLC

Michael Vrtis, President

675 Oakwood Avenue

West Hartford, CT

860-233-2270

www.realgyenergyservices.com

 

 

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Consumers vs. DTE long term planning – winners and losers?

How do the 2 largest utilities in Michigan plan to continue to provide electric services?

Their planning is part of each utilities submission of their long range plans required to be submitted and approved by the MPSC.

Consumers’ plan is approved and was praised by environmental groups and energy professionals for aggressively moving to renewable energy that is less costly than fossil fuels.

DTE on the other hand just recently submitted their plan. It was of course compared to Consumers. Most environmentalists and energy professionals found it to be less ambitious and more likely to maintain current status.

A comparison of the 2 plans is below.

DTE made the case they need a new solar plant while Consumers demonstrated that solar and wind can supply much of their forecasted need.

Unlike solar energy which requires no fuel, natural gas is a volatile commodity that can increase in price dramatically over time.

DTE customers will pay for any increase if the operating costs for the new gas plant are above predictions. Likewise, Consumers customers could see declining energy prices.

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/2019/06/28/midwest/praise-pushback-for-michigan-utilities-divergent-carbon-reduction-plans/

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