The most powerful becomes the most affordable
What’s the most powerful and abundant energy source on the planet? What about the cheapest…? Yep, solar energy.
Illinois requires that by 2025, 25% of their energy should be supplied by renewable resources.
So, they created incentives to help very large solar plants (called community solar farms- these can be up to 2 MW or enough for about 200 homes) and residential homeowners.
The installation can be very simple. The financial outlay is paying for roughly 25 years of electricity upfront. However, with the state mandate, the system that would cost $30,000 for a homeowner would now cost about $5,000 after all state and federal incentives are recovered.
Still, it is a significant investment and it does require the “right” location (sunny roof facing south). Another way of participating is through solar community farms. This is where a large solar array is located within Illinois and individuals can purchase a portion of the farm’s output. No installation at your own home is required.
The state is trying to provide the homeowners, small businesses and utilities with the opportunity to invest in and benefit from renewable electricity.
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 6 solar plants in Illinois and is looking to invest in additional locations.
Additional Information:
http://illinoistimes.com/article-19881-exploring-solar-systems.html
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,203 Bcf as of Friday, July 6, 2018, according to EIA estimates.
This represents a net increase of 51 Bcf from the previous week. Stocks were 725 Bcf less than last year at this time and 519 Bcf below the five-year average of 2,722 Bcf. At 2,203 Bcf, total working gas is within the five-year historical range.
Illinois Wholesale Prices
Summer’s energy prices are upon us… however, they were set back in April 2018.
The winning bids were from energy suppliers that include: private companies, utility owned generation, municipal owned generation and out of state power companies.
Winning suppliers include:
- Axpo U.S. LLC
- Shell Energy North America (US), L.P.
- Dynegy Marketing and Trade, LLC
- The Energy Authority, Inc.
- Exelon Generation Company, LLC
- TransAlta Energy Marketing (U.S.) Inc.
- Macquarie Energy LLC
- Union Electric Company d/b/a Ameren Missouri
- NextEra Energy Marketing, LLC
These entities represent part of the wholesale power market; entities capable of generating electric power. Realgy buys from these same companies.
The average pricing for June-Aug 2018 ranged from $0.01995 to about $0.03 kWh. The utility increases this cost to roughly $0.05-0.06 to cover their costs. Realgy has less costs to cover and can charge less. This is for the energy portion of your bill. The distribution costs (which are roughly ½ of a bill) are the same whether you are with Realgy (energy marketer) or the utility.
Realgy saves customers money by purchasing in the wholesale market and increasing the wholesale price less than the utility.
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 6 solar plants in Illinois and is looking to invest in additional locations.
Additional Information:
https://www.ipa-energyrfp.com/?wpfb_dl=1623
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,152 Bcf as of Friday, June 29, 2018, according to EIA estimates.
This represents a net increase of 78 Bcf from the previous week. Stocks were 717 Bcf less than last year at this time and 493 Bcf below the five-year average of 2,645 Bcf. At 2,152 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,074 Bcf as of Friday, June 22, 2018, according to EIA estimates.
This represents a net increase of 66 Bcf from the previous week. Stocks were 735 Bcf less than last year at this time and 501 Bcf below the five-year average of 2,575 Bcf. At 2,074 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,004 Bcf as of Friday, June 15, 2018, according to EIA estimates.
This represents a net increase of 91 Bcf from the previous week. Stocks were 757 Bcf less than last year at this time and 499 Bcf below the five-year average of 2,503 Bcf. At 2,004 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,913 Bcf as of Friday, June 8, 2018, according to EIA estimates.
This represents a net increase of 96 Bcf from the previous week. Stocks were 785 Bcf less than last year at this time and 507 Bcf below the five-year average of 2,420 Bcf. At 1,913 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,817 Bcf as of Friday, June 1, 2018, according to EIA estimates.
This represents a net increase of 92 Bcf from the previous week. Stocks were 799 Bcf less than last year at this time and 512 Bcf below the five-year average of 2,329 Bcf. At 1,817 Bcf, total working gas is within the five-year historical range.
Illinois Residents Want Choice
Over 81% of residents want the right to choose an alternative provider for their energy supply.
And really, why not?!
Energy suppliers move the price of power from being set by REGULATION to being set by COMPETITION; like everything else we buy.
Competition has lowered the price of energy.
Energy suppliers are registered with the State and each utility. They operate under consumer protection laws and are bonded.
Energy suppliers REDUCE the price of power making Illinois one of the lowest cost energy markets compared to its neighbors.
Energy Choice works.
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 6 solar plants in Illinois and is looking to invest in additional locations.
Additional Information:
http://www.energychoicematters.com/stories/20180530z.html
DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,725 Bcf as of Friday, May 25, 2018, according to EIA estimates.
This represents a net increase of 96 Bcf from the previous week. Stocks were 788 Bcf less than last year at this time and 500 Bcf below the five-year average of 2,225 Bcf. At 1,725 Bcf, total working gas is within the five-year historical range.
