RMI’s Parking Apps: 6 Lessons for Retail Electricity Pricing
RMI’s Parking Apps: 6 Lessons for Retail Electricity Pricing In October of last year, the Rocky Mountain Institute published a blog post called “Parking Apps: 6 Lessons for Retail Electricity Pricing”. There were a number of points that resonated with us– no matter the inspiration for the insights. The author writes: Retail electricity pricing is […]
How to Benefit from Energy Market Movements
How to Benefit from Energy Market Movements There is a simple, straight forward process for lowering energy costs starting right now. It hasn’t been accessible to customers or consultants in the past. It is now. We reviewed that process and a powerful tool to deliver on that process during our Webinar titled 3 Steps to […]
Webinar – 3 Steps to Big Savings: How to Take Advantage of Power Market Declines
Webinar – 3 Steps to Big Savings: How to Take Advantage of Power Market Declines 3 Steps to Savings: How To Take Advantage of Power Market Declines Location: GoToWebinar Register:Here Description: Energy markets have declined more than 20% in the last 8 weeks. Your best opportunity to lower operating costs is right now. Learn how […]
Market Alert! What does this mean to you?
Market Alert! What does this mean to you? How have power markets moved over the past 8 weeks? We have seen a 20% decline in wholesale power markets since November 4. You can see the precipitous and dramatic decline in the following graph from The Megawatt Hour’s platform. What does this market drop mean to […]
The Year in Words
The Year in Words Happy New Year… here’s a quick picture of the words that mattered to The Megawatt Hour, and to our customers, this year. Here’s to 2015 and a year of even more transparency, more choices and great decisions for energy customers.
Average prices: What they do not tell you.
Average prices: What they do not tell you. Do average prices help customers forecast and evaluate their options properly? No. Here’s why. Consider the case of the statistician who drowns while fording a river that he calculates is, on average, three feet deep. If he were alive to tell the tale, he would expound on […]
Guest Post: Avalon Energy Services – “Are Crude Oil and Natural Gas Reconciling?”
Guest Post: Avalon Energy Services – “Are Crude Oil and Natural Gas Reconciling?” Our friends at Avalon Energy Services wrote a thoughtful piece this week on the implications of recent crude oil declines. Please take a look at their thoughtful piece. Jim McDonnell explores whether the declines in crude oil and natural gas prices might […]
If you don’t like electricity prices, wait 5 days
If you don’t like electricity prices, wait 5 days Volatility in electricity markets in the Northeast has reached extremes. Take this example: Between Friday and this morning, on peak prices for January 2015 dropped $11.00/MWh. That’s dramatic. To paraphrase Yogi Berra, if you don’t like energy prices, wait 5 days. What’s happening? Weather. And perhaps […]
3 Reasons Energy Cost Management Is Different from Procurement
3 Reasons Energy Cost Management Is Different from Procurement As we go about the business of bringing transparency to energy markets, we sometimes hear clients or suppliers or consultants refer to this work as “procurement” of electricity. We don’t use the word procurement here. Why? Every institution needs to procure materials– whether it’s paper, or […]
Winter 2015 Energy Outlook – FERC
Winter 2015 Energy Outlook – FERC The Federal Energy Regulatory Commission (FERC) has released its Winter 2014-15 Energy Market Assessment. Most years it would not be a newsworthy event, but given the high prices experienced throughout the Northeast last Winter.. this update is highly topical. The report is worth reviewing, but we will summarize it here. Weather […]