Energy Market Update: Energy Prices

Electric: December 19, 2016 – The PJM Dayton LMP average 12-month strip price $36.942/MWh

Natural Gas: December 19, 2016 – NYMEX daily price 3.383/mmBtu

Natural Gas: December 19, 2016 – NYMEX average 12-month strip price 3.384/mmBtu

In today’s retail environment, margins tend to be diminishing all over the place; retailers need to get creative in order to stop the bleeding, find ways to increase sales, and move the needle on the trend to stay alive and relevant. One expense area that I noticed was significant was our electric bill, and I decided to delve into how to potentially reduce it. After researching solar alternatives, it was suggested to me that I first conduct an overall energy audit to identify where and how o… Read more

Charlie Bassett, CEO, Bassett's IGA

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Energy Market Update: Energy Prices