November 2017 Energy Report

This email contains the month over month comparison of energy prices as well as the monthly commodity settlement prices. If you have any questions about your energy and waste portfolio or for an invoice and energy audits, price quotes for natural gas, electricity or waste, please contact RJ Consulting today.

Natural Gas

For the fourth month in a row, the settlement price for the promote month stayed below $3/Dth. The November 2017 contract settled at $2.752/Dth, up $0.22/Dth (Down 7.46%) from the October 2017 contract. On the production front, last week storage gained 64/Bcf to settle at 3,710/Bcf. Stocks were 189/Bcf less than last year at this time and 46/Bcf below the five-year average of 3,756/Bcf. December 2016 settled at $3.23/Dth and my projection for the December 2017 settle is between $3.10/Dth to $3.25/Dth. Right now, gas looks like it will follow the same trend as last winter.

Solar Electricity

Solar panels are showing up everywhere as more and more people are looking for ways to control cost with the rising cost of electricity and thinking of going green. Solar power is somewhat straightforward, when the sun hits the panels this generates electricity which is consumed behind the meter by power demand. If the electricity produced is more than the power demand, the power is pushed back to the electric grid spinning the meter backward, generating credit. Residential and commercial solar produce power the same way but have significant cost differences on the utility tariff rates. When exploring equipment, production expectations, cost, taxes and incentives, this is where solar becomes very difficult. Everyone always looks at the ROI of a system which is something that can be exaggerated to get a deal done. Solar is a long-term investment as these panels are usually expected to last 20 to 25 years. If you have questions or want to see if you might be a good candidate for solar, please contact RJ Consulting for more details.

Please contact RJ Consulting if you would like to review your energy and waste portfolio. If you have any feedback or suggestions to the monthly emails, please share!

November 2017 Energy Report

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If you have any questions or concerns about your current energy portfolio, please call or email to discuss.


Roman Katynski, CEP

Energy & Waste Consultant, Owner

RJ Consulting LLC

An Energy and Waste Consulting Company

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