Natural gas futures pricing continues to be stable as we head into the winter heating season. Among the reasons for stable pricing is plenty of supply due to last winter being one of the warmest on record, resulting in high gas inventory at the conclusion of the winter heating season. Production remains robust in 2024 and inventory heading into winter is plentiful.
Fixed rate electricity pricing continues to be high as the U.S. and New York state move aggressively forward with implementation of new renewal energy sources, along with closure of, or plans for closure of reliable oil and natural gas fired electricity generating plants.
Please contact me anytime with questions about your supply contract situation.
Regards,
John Thomas
Upstate Utilities, Inc.
2592 Western Ave., Suite 201
Altamont, NY 12009
518-355-4761 Office
518-391-2370 Fax
518-225-8098 Cell
