Forward Markets: Year-over-year
Forward Markets: Year-over-year There’s good news and bad news as you contemplate your next 12 months of electricity costs. The bad news first. Compared to a year ago, and to January 2013, markets are up. Look at the graph to the left. This graph shows how the same wholesale strip of power costs, for the […]
How effective are reverse auctions?
How effective are reverse auctions? Lately, we have received a lot of questions about the effectiveness of energy auctions (reverse auctions). An energy auction, or reverse auction, is a service that is run by an online auction platform, of which there are several. The auction platform posts information about a customer’s electricity or gas supply […]
Webinar: Energy Markets and Purchasing: Managing Risk and Cutting Cost
Webinar: Energy Markets and Purchasing: Managing Risk and Cutting Cost Location: GoToWebinar Register: Click hereDescription: Many customers in the Northeast will have to renew electricity contracts in the next few months. This Webinar will run through electricity purchasing tips, and will recommend the best ways to manage risk and reduce cost. Join us! Get […]
March 2013: Megawatt Hour Newsletter
March 2013: Megawatt Hour Newsletter It’s Renewal Time– Access FREE Wholesale Pricing to Help Plan Getting the right price at the right time has saved our clients up to 15% on their electricity contracts. New York’s wholesale prices are now available ONLINE & FREE only from The Megawatt Hour. You can’t find this information anywhere […]
Energy News Summary: March 4, 2013
Energy News Summary: March 4, 2013 Summary of Energy News Headlines Energy clearing prices in New York dominate current headlines, along with news from energy company, Hess Corporation, to their shareholders announcing their intentions to close their retail business. Today we are focusing on: a quick summary of January and February prices in New York […]
Lessons from the Field: Your Supplier Bill
Lessons from the Field: Your Supplier Bill Periodically we post information about experiences customers have when purchasing electricity. The following post describes recent lessons learned from customers who are currently buying electricity from a third party supplier. Here we focus on supplier billing verification and tracking. Verify savings and/or rates A customer recently asked us […]
High Day-Ahead Energy Costs.. What to do?
High Day-Ahead Energy Costs.. What to do? Summary As we reported last week in our Energy News post, day ahead prices in New York City (Zone J), the Hudson Valley (Zone G) and the Capital Region (Zone F) have blown up since January, and remain high through February 2013. According to a monthly report from […]
Energy News Summary: February 7, 2013
Energy News Summary: February 7, 2013 Summary of Energy News Headlines Economic news and energy clearing prices in New York dominate current headlines. Today we are focusing on: a quick summary of January prices in New York State. Why are they so high? What does this mean to businesses? the closure of a nuclear power […]
Repost from Greentech Media: Can One Project Redefine Power Delivery?
Repost from Greentech Media: Can One Project Redefine Power Delivery? Is it possible that there really IS such a thing as a Smart Grid? This article from Greentech Media describes a DOE demonstration project that employs a technology called transactive control to integrate various resources (demand and supply-side) to ensure reliable, cost-effective power delivery. Transactive control is […]
Major Retail Energy News of 2012.. and What to Look Forward to in 2013
Major Retail Energy News of 2012.. and What to Look Forward to in 2013 Here is a run down of the major energy stories of 2012– as we see them. We selected these stories because we believe they are the most relevant to commercial and industrial customers that buy energy in deregulated markets. We also […]