Over the years we have tried our best to help you manage your electricity and natural gas supply costs. Utilizing multiple suppliers, our goal is to lock in your supply costs at favorable rates, for specific timeframes, based on commodity pricing and other factors such as weather forecasts, production and generation levels and personal experience […]
November 2017 Electricity and Natural Gas update
Per the attached you’ll note 2017 has seen natural gas futures basically remain “range bound” with no significant movement. This due primarily to no extreme weather of any type throughout the year – no sustained cold during winter months or sustained heat during summer months. When this changes, and it will, pricing moves to the […]
September 2017 Electricity and Natural Gas Update
Labor Day is here, officially signaling onset of Fall and more scrutiny on winter weather forecasts for the Northeast. Numerous predictions, including the well-known Farmers Almanac (think what you may) are calling for a cold and snowy winter in the Northeast. As stated repeatedly in previous posts, now is the time to look at locking […]
February 2017 Electricity and Natural Gas Update
Per attached you’ll note natural gas futures pricing is somewhat lower since last contacting all of you. This winter is becoming much like last winter – mild December followed by early-January cold blasts, followed by a milder mid-to-late January. Warming spell is forecast for part of next week that will bring total heating degree days […]
Winter 2017 Forecast
Attached NYMEX natural gas futures pricing sheet shows today’s monthly settlement prices and will be the benchmark for 2017 moving forward. This past week saw significant price drop as forecasts calling for colder-than-normal temperatures were revised, saying cold weather would not last as long as originally forecast. Here in Albany we’re looking at temperatures in […]
December 2016/January 2017 Electricity and Natural Gas Update
Winter is officially here and with that comes seasonal “rally” in futures pricing. Per attached you’ll note approximately 10% rise since mid-July, nothing significant. Most of this increase occurred on Wednesday when market spiked significantly due to prediction for season’s first “massive withdrawal” from storage on Thursday. I must note that between mid-July and now […]
October and November 2016 Electricity and Natural Gas Update
Here we are on the last day of October with the largest inventory ever (on this date) of natural gas in storage – 3.91 trillion cubic feet (TCF). Predictions call for a record 4+ TCF before winter drawdown begins. Only sustained cold temperatures this winter will significantly impact the large surplus of natural gas available […]
September 2016 Electricity and Natural Gas Update
We’re halfway through September, winter is fast approaching – I have a simple message at this time: make sure you’re locked in for winter months for both electricity and natural gas. We need only remember Jan-Feb-March 2014 (very cold months) when gas pricing hit a high of $1.10/therm in one area of New York State […]
January/February 2016 Electricity & Natural Gas Update
Today is January 29th, this is our first Update of 2016, hard to believe we are just now contacting you. Must say January has been uneventful for the most part as unseasonably warm temperatures keep futures pricing stable and low. With forecasts calling for warmer-than-normal temperatures over the next two weeks, taking us into mid-February […]
December 2015 Electricity & Natural Gas Update
December’s warm weather combined with record amount of gas in storage has resulted in lower natural gas and electricity pricing. As stated previously, now is the time to lock in your rates if you’re not locked. Having price certainty going forward is prudent and a sound business decision. Please contact us anytime. Hard to believe […]