This year’s natural gas narrative continues to be warm winter weather resulting in high inventory of gas in storage along with lower near term futures pricing. As mentioned in previous Update, lower pricing means production cuts and tighter supply which some say will lead to higher pricing down the road. I highly recommend looking now at renewal rates should your supply contract expire during 2024.
Fixed rate electricity supply pricing continues to be high with no relief in sight. Federal and state efforts expanding renewable energy sources, while closing down oil, coal and natural gas fired generation plants, create market volatility and uncertainty. This is a significant factor in higher fixed rates. Please contact me with renewal options.
2024 is rolling along, Easter is here. For me, Easter is about Jesus willingly giving His life for forgiveness of my sin, suffering and dying on the cross over 2,000 years ago. He rose from the dead on the third day, ascended into heaven and is coming again. I owe Him everything.
Regards,
John Thomas
Upstate Utilities, Inc.
2592 Western Ave.Suite 201
Altamont, NY 12009
518-225-8098 Celll
518-355-4761 Office
518-391-2370 Fax