Understanding your energy bill is crucial for managing costs and improving efficiency as a business owner or facility manager. Decoding Your Energy Bill Energy Consumption (kWh) Your bill will show the total kilowatt-hours (kWh) consumed during the billing period. This represents the actual amount of electricity your facility uses. To better manage this: Demand Charges…
DetailsEIA: NAtural Gas Supply Update Natural gas supply experienced a slight dip this week, falling to 101.4 Bcf/d. Despite this minor setback, the market has shown resilience in recent weeks. The cooler temperatures in the latter half of August contributed to stronger injections, with five out of the last seven injections approaching the five-year average.…
DetailsOhio FirstEnergy customers can expect higher electric bills next year as the utility seeks higher charges, but multiple cases tied to the utility’s corruption scandal remain unresolved.
JM’s recent capacity auction has sent shockwaves through the energy industry. Capacity costs are set to skyrocket from $2.2 billion to $14.7 billion for the 2025/26 delivery year. Power plant retirements, increased load, and new market rules drive this unprecedented 568% increase. Key takeaways: Wondering what it means to your business? Reach out to our…
DetailsNatural Gas Market Update: Cooler Temps Bring Storage Boost Supply Holds Steady as Injections Pick Up Natural gas supply remained stable at around 102.0 Bcf/d this past week. The cooler second half of August has recently led to stronger storage injections, with five of the last six injections approaching the five-year average. Last week’s EIA…
DetailsTuesday and Wednesday are likely Guaranteed To Be Peak Demand Days! Warning: Peak Demand Alerts Issued Across Grid ⚠️ Grid Situation Update: High Electricity Demand Projected PJM grid operators have issued a peak demand warning for Tuesday and Wednesday afternoons between 4 p.m. and 6 p.m. As of Monday morning, Tuesday and Wednesday will likely be Peak Demand Days! As…
DetailsAugust 21, 2024 Cleveland—TPI Efficiency, a leading energy broker and efficiency consulting company and part of the ScaleCo Fund IV, is pleased to announce Joe Kennedy’s appointment as its new Chief Financial Officer. In this role, Mr. Kennedy will drive sales growth, develop and execute sales strategies, and expand the company’s customer base. “I am…
Details2025/2026 Capacity Auction Results Impact on Electricity Costs: The capacity charge portion of your electricity rate will see a sharp increase in June of 2025 through May of 2026 due to a record high capacity auction this past July. This change will affect all future and existing contracts. Contract implications: Suppliers do not normally pass…
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