Electricity Market NEISO, PJM, and NYISO remained flat overall since last week’s report. ERCOT experienced a slight bump up after the drop-off. The Department of Energy released a study on future coal and nuclear generation retirements, which examined NEISO, NYISO, PJM, and ERCOT during historical high demand periods, and said that additional coal and nuclear […]
Electricity Market The wholesale electric market did not see much movement from last week’s report. NYISO slightly decreased while NEISO and PJM remained steady. ERCOT saw a drop-off, as additional capacity projects are planned to come in service between 2018 and 2022. Spot market pricing on the day-ahead shot up in PJM, while NEISO […]
Electricity Market The electric market has shown some volatility, but it is still a good time to hedge. ISO-NE remains flat, while NYISO and PJM moved up slightly from last week. These markets haven’t seen a spike since the cold weather in January. ERCOT, however, continues to climb as a result over concern from the […]
Electricity Market Wholesale electric prices over the report week were overwhelmingly flat, with the exception of ERCOT which again moved higher. In addition to the coal plant closure announcements and nervousness about load reliability during the summer, the economy in Texas has been heated. Energy prices in this market are unrestrained which could cause some […]
When evaluating natural gas contracts, one component that you may consider is the suppliers offering of swing options. Swing refers to your business being able to go above or below the amount to be supplied, while still being billed or credited for any used/unused volume at your fixed or index price. Sometimes also referred to […]
The price consumers pay for electric supply is made up of a series of components. Although the price of wholesale energy is often the focus, it is actually only a portion (recently 50% or less) of the overall cost. One element that has recently increased significantly, especially in the New England market, is capacity. Capacity […]
As your chosen energy consultant, we would like to provide a reminder that Direct Energy, your current supplier, will be conducting a final consolidation of their electricity billing systems. This transition will mean some changes for your accounts as a customer. However, please note that ONLY customers who are currently being dual-billed will be effected (meaning one […]
Electric and natural gas suppliers are constantly changing and evolving their business. Power Management is here to assist with these sometimes complicated transitions and work on the customers end to straighten out the details. We wanted to remind you of some changes that a few suppliers will be implementing that may have an effect on […]
Weather and natural gas storage inventories are two variables that are often discussed when analyzing current natural gas prices and where they are anticipated to go. Earlier this year, working natural gas inventories ended the winter heating season at 2,478 Bcf. This exceeded the previous record high of 2,473 Bcf set in March 2012, which […]
For Immediate Release: ROCHESTER, NY – RRHA Joint Ventures Corporation has entered into a new agreement with Power Management Company. After extensive consideration, RRHA/JVC chose Power Management to represent the future energy needs of its members. Power Management will offer member institutions access to exclusive member advantages through this new program. RRHA/JVC and Power Management’s shared visions for […]
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