Posted by Kenny Matula
Relocating or moving a small business? It may be time to think about what service provider you want for a variety of needs, including your electricity.
Whether you’re looking for more room to run your small business or to relocate to a new part of town, moving is not necessarily easy. It’s important to think about what service provider you want for a variety of needs — including your electricity if you are moving to one of the 18 jurisdictions that provide…
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Posted by CNE Market Intel
Since November 2011, natural gas prices declined nearly 50% to lows back in April as one of the warmest winters in decades contributed to an oversupplied market. Just four weeks ago, front month natural gas fell to a 10-year low of $1.907/MMBtu. Three key themes contributed to significant moves lower in natural gas prices:
1) Weather: A majority of the U.S. was warmer than normal during the winter of 2011-2012 resulting in much lower heating degree day levels. A heating degree day is the number of degrees…
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Posted by Kenneth W. Cornew
We are proud to share our latest milestone as a new company: our new brand. Our new brand identity represents how our companies have integrated our businesses, vision, and values, giving us the potential to build upon our combined heritage and strengths.
Watch this video for a quick overview:
We see this new look and feel as an extension of our combined commitment to sustainability and competitive markets, helping drive innovation, efficiency, customer choice, and better rates. Together, we are an even stronger advocate for achieving these ideals.
As we reveal this new, visual representation of…
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Posted by Ed Wilson
Typically, taxes that are collected on your electric bill are kept separate and apart from the revenue on which those taxes are applied. However, in Pennsylvania, the Gross Receipts Tax (GRT) is passed through to the consumer and considered to be part of the revenue base against which the GRT is calculated.
We posted about this last year, but a few changes have been made to this year’s calculation that went into effect January 2012. The new total GRT calculation is broken down as follows:
It is common practice…
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Posted by David Fein
At 10 a.m. on Wednesday, we will face a critical moment in our fight against Tenaska’s Taylorville Energy Center project when it comes up for a vote before the Illinois House Public Utilities Committee.
In anticipation of that vote, the Chicago Tribune issued an editorial recently, which affirmed our view about what it would mean for businesses and families in Illinois:
“Tenaska wants a guarantee that the state will buy the power from its plant for 30 years, and it wants an 11.5 percent return on equity. Consumers and businesses would pay higher rates to cover the plant’s approximately
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Posted by CNE Market Intel
North American energy producers have achieved notable success by unlocking and developing the technologies necessary to deliver vast amounts of cheap natural gas to the market. As a result, the U.S. might be on the verge of an industrial renaissance that could provide the spark that will help the country regain its economic footing, and at the same time significantly alter the industrial landscape of the country for many years to come.
A recent surge in domestic natural gas supplies, due to the process known as “fracking,” has enabled gas production to reach levels not reached since 1988. The location…
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