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Utility Company Warns of Natural Gas Rate Increases

A gas utility warns that gas prices could further rise because of increased reliance on the fuel and New England utilities competing for shipments constrained by pipeline availability. No matter where you are, don’t go into this heating season alone and face unpredictable energy rates. TPI’s energy experts can help you find the best utility…

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Market Snapshot: Weekly Energy News

MARKET DROPS AFTER POSSIBLE RAIL STRIKE AVERTED A DROP IN PRICING DROPPED AFTER BOTH SIDES AGREED TO SETTLE An imminent rail strike sent prices soaring on Wednesday and crashing back just as fast when they averted the strike after a 20-hour negotiating session in Washington, DC. The strike would have significantly impacted rail transportation of…

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EIA: Average kWh Could Reach $0.15 in 2023

The average price of electricity for residential consumers could reach $0.1524/kWh in 2023, the U.S. EIA forecast on Thursday in its latest Short Term Energy Outlook. That would represent about a 3.3% increase from this year — and EIA says prices are already 7.5% higher today than in 2021.

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