The entire world has been adjusting during the coronavirus outbreak. Many companies that contribute greatly to the economy are facing challenges to stay in business. The changes in energy demand have led to the sector taking a huge hit with oil and natural gas prices dropping drastically. Construction has been put on hold, jobs have been altered, and the extent of damages done by this pandemic is still a shifting status. Oil and gas producers may seek a bailout and lawmakers are being asked to alter the Jones Act to ease requirements.
Utilities have been suspending their disconnection policies and are ensuring they prioritize safety to stop the spread of the virus. The Public Utilities Commission of Ohio (PUCO) is requiring this of the entire state. The impact of this virus is affecting everyone in various ways and PUCO is prioritizing that their residents will not go without shelter, water, food, heat, and communication. We commend all essential workers that are putting their lives at risk to ensure citizens are safe and receiving more than just the necessities of life.
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://wfpl.org/coronavirus-and-slumping-prices-hit-ohio-valleys-oil-gas-sector/