Is Coal Dead?

July 13, 2012

In the wake of Patriot Coal’s filing for bankruptcy on Monday, other coal stocks have plummeted. James River Coal (JRCC) began the week at $3.47 and dropped a whopping 42.7 % to $1.99 at the market’s close on Friday, Alpha Natural Resources (ANR) started the week at $8.71 and ended at $7.63, Peabody Energy Corp […]

EIA Reports Increase in Natural Gas

July 6, 2012

In their usual weekly report, the U.S. Energy Information Administration reported today that last week natural gas in underground storage increased by 1.27 percent (by 39 billion cubic feet, from 3,063 Bcf on 6/22 to 3,102 Bcf on 6/29). The natural gas stock is now 24.1 percent above last year’s total (2,500 Bcf) and 22.7 […]

Tropical Storm Debby Increases Natural Gas Prices

June 26, 2012

Debby, the first tropical storm of 2012, has shut down nearly a quarter of oil and natural gas production in the Gulf of Mexico. In doing so, present and future natural gas prices have increased. Since the storm is characterized by relatively stationary heavy rains (it was moving at about 3 miles per hour as […]

Low Priced Competitive Electricity Agreements

June 18, 2012

A Commercial or Industrial Business’s Electricity Costs can be very closely correlated to the price of Natural Gas. In areas of the country that are primarily supplied by Natural Gas, like the Northeast, the Price of Electricity = (Price of Natural Gas x Heat Rate) + Retail Adder, ( the additional premium to Suppliers charge […]

Coal based Electricity Generation Falls by 20%

May 30, 2012

The official electric generation data for the first quarter of 2012 are in.http://www.eia.gov/forecasts/steo/pdf/steo_full.pdf. Coal only provided 36% of America’s electricity in the first quarter, down from 44.6% in the first quarter of 2011.  That equates to a 20% loss of coal’s electricity generation market share in one year. Coal’s loss was natural gas’s gain.  Natural gas jumped 8 […]

NSTAR Commercial and Industrial Service Rates

May 17, 2012

  NSTAR annaounced rates July-December 2012 $/kWh Commercial, Street LightingFixed Price Option (July – December): 6.686 Monthly Variable Price OptionJuly: 6.738August: 6.700September: 6.173October: 6.200November: 6.447December: 7.796 Industrial (NEMA)Fixed Price Option (July – September): 5.550 Monthly Variable Price OptionJuly: 5.695August: 5.629September: 5.300 Industrial (SEMA)Fixed Price Option (July – September): 5.362 Monthly Variable Price OptionJuly: 5.545August: 5.461September: […]

$1.98 Natural Gas

April 12, 2012

Natural gas below $2- The price of natural gas has fallen below $2 per 1,000 cubic feet for the first time in more than a decade, a remarkable decline for a commodity that not long ago was believed to be in short supply. The U.S. supply of natural gas is growing so fast that analysts […]

Gas Prices Drop on Stockpile Increase

March 9, 2012

Natural gas prices fell Thursday after spring-like weather blanketed much of the country, raising expectations that demand will remain weak. At the same time, supplies have stayed well above year-ago levels. The amount of natural gas in storage in the U.S. fell 80 billion cubic feet to 2.433 trillion cubic feet last week. That figure […]

Midwest Coal Plants to Shut

January 27, 2012

James Lash, head of FirstEnergy’s generation unit, indicated in a press release that a review of the company’s coal-fired plants determined it would not be cost-effective to get the older ones into compliance with environmental regulations the U.S. Environmental Protection Agency announced in December. The new standards are designed to reduce emissions of mercury and other toxic […]

NSTAR 2012 rate 13% higher than EarlyBird Power

January 1, 2012

NSTAR 2012 Basic Service (8.2 Cents) higher than Competitive Electricity (6.5 to 7.5) Cents offered through EarlyBird Power Small Commercial/Industrial and Lighting Customers January 1, 2012 to June 30, 2012Rates A9, B1, B2, B5, B9, C1, C2, C3, 22, 23, 31, 33, 35, 41, 55, 79, 81, 82, 88, 02, 06, 19, 36, 51, 52, 80 […]