Market

The History of Energy Deregulation in Ohio

Natural Gas Deregulation In 1997, the Public Utilities Commission of Ohio (PUCO) began unbundling natural gas services which separated natural gas delivery charges from the cost of the actual gas itself. This allowed for customers to purchase their gas from an actual supplier. Since this time, the market competition has grown, which allows consumers the [...]

EIA Reports Residential Electric Rates on the Rise

The U.S. Energy Information Administration (EIA) reported in a recent article that residential electricity prices have increased approximately 3% in the first half of 2017 versus the same period in 2016. The EIA predicts that, throughout the second half of 2017, customers may continue to see higher prices than previous years. It should be noted, [...]

Gas-Fired Generation

How it can factor into your electricity costs According to a recent article published by the United States Energy Information Administration (EIA), as of 2016, natural gas generators make up the largest percentage of generation capacity in the United States. In fact, the cost-effective natural gas sources stand as a significant majority, at 42% of [...]

Peak Load Contribution (PLC) and How it Dictates Capacity Costs

Previously, we have discussed capacity costs and the Base Residual Auction (BRA) that decides the clearing prices. Now we are going to delve into how these prices are converted into the $/kWh charges that are included in your supply rate. A customer’s specific capacity costs are dictated by their peak load contribution (PLC) in kW. [...]

New Study Shows Energy Choice is Saving Businesses Money

Energy choice is rapidly proving the best model for electricity markets In April 2017, a new study was published by the Retail Energy Supply Association (RESA) explaining that over the past decade, energy markets where consumers have a choice between suppliers have shown a consistent downward trend in pricing. By contrast, in the states with [...]

Change in Law – PJM Balancing Congestion

On January 31, 2017, the Federal Energy Regulatory Commission (FERC) approved a change to PJM Interconnection's Open Access Transmission Tariff (OATT) that just recently went into effect. The change will result in the reassignment of Balancing Congestion Costs to retail electric suppliers (and all load serving entities) for their customers effective June 1, 2017. The [...]

Why is Dominion (DEO) Basis up when gas is so plentiful?

Over the past year, many news articles have been written about the large natural gas reserves in Marcellus and Utica shale basins which envelop much of eastern Ohio, specifically the Dominion East Ohio (DEO) region. The regional increase in supply combined with national natural gas prices trending below the five-year average may lead some to [...]