Energy Market Update
Electricity Markets All ISO’s saw electric prices come down over the report week. ERCOT saw the greatest decrease, however their market remains uncertain as we move into the summer months.
Electricity Markets All ISO’s saw electric prices come down over the report week. ERCOT saw the greatest decrease, however their market remains uncertain as we move into the summer months.
Electricity Markets Only a slight tick up on the electric markets over the report week. Prices have been noticeably stable over the past few weeks.
Electricity Markets Although prices aren’t as low as they have been historically in ISO-NE, there are new dynamics in the New England region that now play a part in the electric price mix. Lack of natural gas pipeline capacity combined with multiple plant retirements make it unlikely that we will get back down to levels […]
Electric Vehicle (EV) Charging Station Incentive Program *NY Clients only In an effort to make New York State’s environment cleaner, there are a number of significant incentives currently available for public and private organizations that install Level 2 EV charging stations. The stations can be placed in public parking facilities, workplaces, and multifamily apartment buildings. […]
*Important information for New York State Businesses* NYS is attempting to repeal a longstanding tax exemption for businesses that utilize third party suppliers, or ESCOs, for electric and natural gas service. This repeal is estimated to cost NYS businesses an additional $128 million per year in sales taxes. Please follow the link to support the […]
Electricity Markets With the exception of a slight tick up in ISO-NE, the remaining markets all trailed downward over the report week. Will we continue to see a downward trend in electric prices coming out of the winter period? Only time will tell.
Electricity Markets As ERCOT deals with industrial load growth, it continues to be a factor in their volatile electric market. Experts are trying to access what their needs will be into the future. The steady increase in oil prices recently and upward pressure on natural gas has contributed to the hook up in ISO-NE electric […]
Electricity Markets Electric prices saw a bump up over the report week. There may be some increased pressure over the coming week based on the heightened natural gas activity. ERCOT is likely starting to get nervous about summer demand again as they continue to show volatility.