Facing a historically low 8.1% summer reserve margin for 2019, the PUCT will likely rule at its next meeting on January 17 on a proposed revision to the Operational Reserve Demand Curve (ORDC) calculation. If approved, power prices will trade at a premium for the next few years.
The delicate balance between supply and demand is a critical factor in estimating future energy prices. This blog post will take a look at how those variables impact energy prices, and how you can use this information to estimate prices moving forward.
Knowing when to sign your next electricity contract can be tricky for even the most advanced energy managers. To help answer that question, let’s look at how rates have trended over the previous 12 months.
Signing a minimum of six months in advance proved to reduced risk and return the best rates. Five months before contract expiration, price ris...
In June electric rates are going to drastically increase for the next three years, and you have time to avoid it.
What would you do?
If electricity was gasoline and you knew that in June the cost per gallon would increase more than 50% for 36 months, you’d jump at the opportunity to sign a long-term contract to fix gas cost at $1.80 per gallon. That’s...