ENERGY DEREGULATION OFFERS YOUR BUSINESS
COMPETITIVE ELECTRIC RATES
An energy consultant / broker can provide a valuable service by working with a large number of suppliers to offer you a competitive price advantage for your business energy needs.
IN THE NEWS
The Media Is Taking Notice
ELECTRIC BILL SOLUTIONS was founded in order to offer businesses strategic energy cost solutions for the varying needs of today’s world. Below you’ll find a collection of recent stories and updates about our work and the industry in general. These are meant to keep you informed about all the news worth knowing. Read on to find out all the latest updates, news, and trends.
[05/14 WEEKLY UPDATE] US CONSUMPTION OF NATURAL GAS FELL BY 3% AS CONSUMPTION FOR POWER GENERATION GREW BY 6%
May 14, 2019
Total US consumption of natural gas fell by 3% from the previous week. Consumption for power generation grew by 6%, industrial sector consumption decreased by 2%, residential-commercial consumption declined by 16%, and exports to Mexico were unchanged, averaging 4.6 Bcf/day.
[05/07 WEEKLY UPDATE] NORTHEAST PRICES TREND UPWARDS WITH COOLER WEATHER AND SUSTAINED DEMAND FOR SPACE HEATING
May 07, 2019
Northeast prices trended upwards with cooler weather and sustained demand for space heating. Boston’s Algonquin Citygate prices increased $0.17 (7%) to $2.60/MMBtu last Wednesday. Transco Zone 6 NYC prices rose $0.07 (3%) to $2.35/MMBtu.
ENERGY DEREGULATION: WHAT IT IS AND HOW IT BENEFITS THE CONSUMER
FEBRUARY 14, 2018
Energy deregulation lets the customer choose who will supply their gas and electricity. Customers can look for competitive prices and possibly save money on their gas and electric bills.
Prior to energy deregulation, everyone received their gas and electricity from their local utility. Therefore, the utility had total control over the pricing.
Government-regulated pricing meant there was a monopoly on the marketplace. In the early to mid-2000’s, suppliers came into the picture of deregulation to offer customers price competition.
There is now some form of energy deregulation in over two dozen states but there are still many markets that aren’t deregulated. Some states are only deregulated for gas, some are only deregulated for electricity, some are deregulated for both.
No state is completely deregulated but Texas comes the closest with nearly 86 percent of the state being deregulated.
JANUARY 17, 2018
Wholesale electricity prices at major trading hubs in the eastern United States during 2017 were relatively unchanged from 2016, while average monthly wholesale prices in California and Texas increased by 18% and 27%, respectively, in 2017.
OFFERING SOLUTIONS THAT MAKE A DIFFERENCE
