The price of natural gas and electricity is rising. ACT NOW!
Since April of last year -- you’ve heard Bid On Energy, and others warning of an upcoming natural gas and electricity price hike that could impact energy prices for years. That moment is finally here.
If you have not already hedged gas or electricity contracts expiring in the next several months, NOW is the time for action. We do not say this lightly. If you do not procure your power needs NOW for 2022, you will be looking at a 20-40% increase in energy costs for your business and or portfolio for years to come.
There have been warning signs and data to back this up. Our own President and National Security Advisor have openly discussed their concerns. While this was in the context of gas prices at the pump it should give pause to how this will impact your business.
Not convinced of Bid On Energy's advice and data?
Look at what Goldman Sachs is saying about potential natural gas and that Natural gas prices are rising and could be the most expensive in 13 years this winter!
Based on the shape of prices in the forward markets, anyone who hasn’t already hedged their natural gas / electricity or has contracts expiring in the next 18 months including commercial electricity, should heed the following recommendations for hedging your gas and or power needs.
What can you do?
- Anyone who has not already hedged their natural gas or electricity, or their contracts expire within 18-months, look to execute hedges starting in 2023 thru 2025. The Risk of inflation is high and hedging energy for natural gas near $3.00 per MMBtu is in your customer’s best interest.
- If you have no contracts expiring in the coming months, wait for a “pullback” from the current pricing to execute hedges through the end of 2022. When the market increases exponentially as it is currently, there will be an equally sharp pullback in the future. Weather is often the primary trigger for this. If there is a cold winter the decline may not come until spring 2022.
- If you have hedges expiring within the next few months, set up a 15-minute strategy call. We will help you determine whether to wait or lock-in rates long-term immediately.
Connecticut Energy
Find Connecticut Energy News here about Connecticut Utility Rates and news about Connecticut Electricity Rates Compare here www.BidOnEnergy.org
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CT winter storm causes hundreds of power outages
Eversource's power outages have started to decline in Connecticut after the winter storm caused them to climb past 2,000 early Tuesday afternoon.- likes 0
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After snow, hundreds without power in CT: Live updates
Snow from a winter storm ended Tuesday afternoon in Connecticut after causing hundreds of power outages, icy roads and thousands of cars getting towed.0 CommentsComment on Facebook
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CT winter storm causes hundreds of power outages
Eversource's power outages have started to decline in Connecticut after the winter storm caused them to climb past 2,000 early Tuesday afternoon.0 CommentsComment on Facebook
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CT winter storm causes more than 2,000 power outages
Eversource reported more than 2,000 power outages across Connecticut as a winter storm dropped half a foot of snow across much of the state.0 CommentsComment on Facebook
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Winter storm passes through Connecticut, dumping snow, snarling travel
Meteorologists predict anywhere between five to 9 inches of snow could fall across the majority of the state.0 CommentsComment on Facebook
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Cars towed and power outages during CT storm: Live updates
Snow continues to fall throughout Connecticut on Tuesday, causing hundreds of power outages and nearly 200 cars getting towed in New Haven.0 CommentsComment on Facebook
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Nor'easter could cause power outages throughout Mass. Here's how Eversource is prepared
As the nor’easter makes its way through Massachusetts, Eversource crews are standing by and ready to respond to outages if they occur.0 CommentsComment on Facebook
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Eversource Energy stock underperforms Monday when compared to competitors despite daily gains
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Meriden area towns brace for storm, possible power outages
Meriden-area towns brace for heavy wet snow, wind, possible power outages, schools canceled, parking bans in effect0 CommentsComment on Facebook
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UBS Group AG Reduces Position in Eversource Energy (NYSE:ES)
UBS Group AG lessened its stake in Eversource Energy (NYSE:ES - Free Report) by 5.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The instit...0 CommentsComment on Facebook
Massachusetts Energy
Find Massachusetts Energy News here about Massachusetts Utility Rates and news about Massachusetts E
Thousands without power as nor'easter slams southern New England - NBC10 Boston
Thousands without power as nor'easter slams southern New England NBC10 Boston
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Eversource to drop electric rates for customers starting July 1 - The Boston Globe
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Man denied bail in Massachusetts crash that killed police officer, utility worker WPRI.com
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MassDEP's Clean Heat Standard poised to advance energy shift The Recorder
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In partnership with solar panel manufacturer First Solar, the company developed the inverters to reduce degradation rates.0 CommentsComment on Facebook
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Massachusetts bolsters US offshore wind with federally-funded research and training centre Recharge
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Massachusetts bolsters US offshore wind with federally-funded research and training centre
State university to lead 40-member consortium on diverse workforce training and research into sector's social and environmental resilience0 CommentsComment on Facebook
Power outages in Mass.: ‘The potential exists across the state’ Tuesday night - Boston.com
Power outages in Mass.: ‘The potential exists across the state’ Tuesday night Boston.com
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Due to a storm that will bring heavy rain and strong winds, power outages are a concern for most of Massachusetts, officials say.0 CommentsComment on Facebook
Spain's Uriel Renovables gets permit for 5-MW BESS in Massachusetts - Renewables Now
Spain's Uriel Renovables gets permit for 5-MW BESS in Massachusetts Renewables Now
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Spanish renewables company Uriel Renovables said on Tuesday that it has received the green light for the first of 47.5 MW of battery energy storage system0 CommentsComment on Facebook
Connecticut and Massachusetts officials hold joint hearing on Eversource electric price hike - Connecticut Public
Connecticut and Massachusetts officials hold joint hearing on Eversource electric price hike Connecticut Public
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Massachusetts man drives into utility workers and officer, steals cruiser, then flees, police say - The Independent
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New York News Live Local Late Breaking News on New York City
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OpenAI Gives ChatGPT a Better ‘Memory’
The A.I. start-up is releasing a new version of ChatGPT that stores what users say and applies it to future chats.0 CommentsComment on Facebook
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Roses Are Red, Violets Are Blue, Through Miami’s Airport Yours Probably Flew
About 90 percent of the cut flowers imported to the United States each year, including millions of Valentine’s Day roses, enter the country through Miami International Airport.0 CommentsComment on Facebook
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On Capitol Hill, Republicans Use Bigoted Attacks Against Political Foes
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Supreme Court Gives Prosecutors a Week to Respond in Trump Immunity Case
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Daily Cartoon: Tuesday, February 13th
Beware winter-weather hazards!0 CommentsComment on Facebook
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New Jersey Energy
Find New Jersey Energy News here about New Jersey Utility Rates and news about New Jersey Electricity Rates Compare here www.BidOnEnergy.org
New Jersey energy planners award two new offshore wind bids - WorkBoat
New Jersey energy planners award two new offshore wind bids WorkBoat
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The cap-and-trade program and investments would drive reductions in the use of oil and gas for residential heating and spur faster adoption of heat pumps.0 CommentsComment on Facebook
New Jersey utility crews work to restore power to thousands impacted by Tuesday storm - News 12 New Jersey
New Jersey utility crews work to restore power to thousands impacted by Tuesday storm News 12 New Jersey
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News 12 caught up with JCP&L crews in Old Bridge where a tree knocked out power to 67 homes.0 CommentsComment on Facebook
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New Jersey Utility Regulator Approves Power Contracts With Two O… Marketscreener.com
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New Jersey energy planners award two new offshore wind bids - WorkBoat
New Jersey energy planners award two new offshore wind bids WorkBoat
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New Jersey energy planners award two new offshore wind bids
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Compare New Jersey Electricity Rates (2024 Best Prices) (2024) EcoWatch
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Get the facts about the best electricity rates in New Jersey. Learn how to compare NJ energy rates, and what you need to know about electricity plans.0 CommentsComment on Facebook
New Hampshire Energy
Find New Hampshire Energy News here about New Hampshire Utility Rates and news about New Hampshire Electricity Rates Compare here www.BidOnEnergy.org
Update: 60000 New Hampshire Electricity Customers Still Without Power - Concord, NH Patch
Update: 60000 New Hampshire Electricity Customers Still Without Power Concord, NH Patch
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Weather update: After a mid-March nor'easter dropped up to 3 feet of snow in some communities, utilities are scrambling to restore power.0 CommentsComment on Facebook
As New Hampshire energy costs double, Gov. Sununu goes to bat for corporate profits – Liberation News - Liberation
As New Hampshire energy costs double, Gov. Sununu goes to bat for corporate profits – Liberation News Liberation
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0 CommentsComment on Facebook
Update: 60000 New Hampshire Electricity Customers Still Without Power - Patch
Update: 60000 New Hampshire Electricity Customers Still Without Power Patch
Electricity Rates - Bid ON Energy - BidOnEnergy.org/
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Update: 60,000 New Hampshire Electricity Customers Still Without Power
Weather update: After a mid-March nor'easter dropped up to 3 feet of snow in some communities, utilities are scrambling to restore power.0 CommentsComment on Facebook
New Hampshire utility crews to help restore electricity in Maine - WMUR Manchester
New Hampshire utility crews to help restore electricity in Maine WMUR Manchester
Electricity Rates - Bid ON Energy - BidOnEnergy.org/
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Dozens of Eversource workers from New Hampshire headed to help restore power in Maine
"Now we have an opportunity to help our neighbors in Maine and restore their power before Christmas."0 CommentsComment on Facebook
New Hampshire utility has latest entrant to trade electricity with Hydro-Québec - Montreal Gazette
New Hampshire utility has latest entrant to trade electricity with Hydro-Québec Montreal Gazette
Electricity Rates - Bid ON Energy - BidOnEnergy.org/
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New Hampshire utility has latest entrant to trade electricity with Hydro-Québec
The proposed 340-kilometre link would be buried along state highways in Vermont and New Hampshire until it linked to an existing transmission corridor.0 CommentsComment on Facebook
New Hampshire energy leaders share concerns about high energy costs as winter nears - WMUR Manchester
New Hampshire energy leaders share concerns about high energy costs as winter nears WMUR Manchester
Electricity Rates - Bid ON Energy - BidOnEnergy.org/
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New Hampshire energy leaders share concerns about high energy costs as winter nears
Energy leaders from across New Hampshire came together Monday for an energy summit as concerns grow about high energy prices as colder weather nears.0 CommentsComment on Facebook
Update: 60000 New Hampshire Electricity Customers Still Without Power - Patch
Update: 60000 New Hampshire Electricity Customers Still Without Power Patch
Electricity Rates - Bid ON Energy - BidOnEnergy.org/
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Update: 60,000 New Hampshire Electricity Customers Still Without Power
Weather update: After a mid-March nor'easter dropped up to 3 feet of snow in some communities, utilities are scrambling to restore power.0 CommentsComment on Facebook
Update: 60000 New Hampshire Electricity Customers Still Without Power - Concord, NH Patch
Update: 60000 New Hampshire Electricity Customers Still Without Power Concord, NH Patch
Electricity Rates - Bid ON Energy - BidOnEnergy.org/
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Update: 60,000 New Hampshire Electricity Customers Still Without Power
Weather update: After a mid-March nor'easter dropped up to 3 feet of snow in some communities, utilities are scrambling to restore power.0 CommentsComment on Facebook
Video shows New Hampshire utility worker rescuing bird tangled in wires - WMUR Manchester
Video shows New Hampshire utility worker rescuing bird tangled in wires WMUR Manchester
Electricity Rates - Bid ON Energy - BidOnEnergy.org/
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Video shows New Hampshire utility worker rescuing bird tangled in wires
A Unitil crew member rescued a bird that was caught in wires in Hampton on Sunday.0 CommentsComment on Facebook
Electricity News
Compare Electricity Rates - Looking for the best way to lower on your utility bills? Compare rates from top energy suppliers and shop around. We'll help you find the lowest electricity rates for your home or commercial electricity rates.
Though rejected by LIPA board, PSEG exec Rodney Dickens oversees LI operations - Newsday
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Entergy <b>Texas</b> completes extreme weather improvements in Port Arthur
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BOEM finalizes offshore wind energy areas in Oregon
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Finally, the utility bill big problem is exposed - Desert Sun
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Finally, the utility bill big problem is exposed
Desert Sun readers sound off about current events in today's letters to the editor.0 CommentsComment on Facebook
<b>Ohio</b> ratepayers still paying for HB6 despite First Energy indictments
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Despite fresh indictments, Ohio consumers still paying $500,000 a day for House Bill 6
House Bill 6 continues to take toll on many Ohio consumers even as criminal charges continue to pile up on those responsible for the scandal.0 CommentsComment on Facebook
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Neom's utility projects take shape | MEED
Powering Neom with 100% renewable energy by 2030 is a tall order0 CommentsComment on Facebook
Industrial maintenance program offers students hands on training - Morning Journal
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Industrial maintenance program offers students hands on training
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Westchester State Of Emergency Declared For Major Storm: Here's Time Frame, What To Expect
... New York State Department of Transportation (DOT). Daily Voice. 02/12 ... If you lose power, call your utility company. Con Edison can be reached at ...
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Westchester State Of Emergency Declared For Major Storm: Here's Time Frame, What To Expect
In anticipation of a severe winter storm set to impact Westchester, County Executive George Latimer has declared a Local State of Emergency beginning at 10 p.m. Monday, Feb. 12 to ensure the safety an...0 CommentsComment on Facebook
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