Volume 15, Issue 50 | January 29, 2018

With Energy Choice, You Have the Power to Choose

Choosing an energy supplier for your home or small business can help keep your total energy bills affordable

 

Energy choice is the power to choose an energy supplier for your home or small business.

By choosing your energy supplier, you can choose your pricing plan and lock in a low fixed price – which can help keep total energy bills affordable.

If you live in the District of Columbia, Maryland or Pennsylvania, you can choose who supplies electricity and natural gas to your home or small business. Virginians can choose who supplies their natural gas and consumers in Delaware can select their electricity supplier.

By choosing your energy supplier, you can choose your pricing plan and lock in a low fixed price – which can help keep your total energy bills affordable. And with a supplier like WGL Energy Services (WGL Energy), you can also choose renewable energy and green energy products, like electricity sourced from wind power or natural gas matched with carbon offsets.

Choosing an energy supplier can be as simple as visiting a website or making a phone call. It will take just a few minutes of your time.

Your energy supplier will work with your utility to complete your enrollment. Your utility will continue to deliver your energy supply and handle maintenance calls. There’s no interruption in service, no need for special equipment and no cost to switch.

View our short video to learn more about Energy Choice for your home or small business:  

 


Editor's Note

A Record Withdrawal?

Weekly review for January 21-27, 2018

 

On Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday, January 19, 2018 was 2,296 BCF. This was a decrease of 288 BCF from the previous week, and the second highest withdrawal on record (matching the withdrawal of 288 BCF for the week ending January 10, 2014, during the polar vortex). Inventories are now 519 BCF, which is 18.4% lower than last year at this time and 486 BCF (or 17.5%) below the 5-year average.


 
As the market looks at relatively low inventory levels and predictions of colder than normal weather again in February, forward markets moved up this week. For the week, the NYMEX natural gas 12-month strip rose 3.1% and the PJM West Hub 12-month forward curve was up 4.7%.

Stay tuned as we see what the rest of the withdrawal season brings for the energy markets.

 

This past week's market information is provided as a courtesy to our customers and is not indicative of, nor should be relied upon, as representative of future transactions.


Energy Answers

Why Microgrids Matter

Microgrids provide energy security and resilience

 

A microgrid is a local energy grid that can operate either with the power grid or on its own.

Because a microgrid can operate independently from the grid, it improves energy security and resilience. Microgrids help ensure communities are equipped with energy stability and independence and act as a backup solution to extreme weather conditions and other unforeseen events. They make it possible for users to cut costs while gaining energy efficiency. Furthermore, a microgrid can expand reliable electricity service to new areas and reduce stress on the transmission and distribution system. 

A refresher on how the power grid works is helpful to understanding the benefits of microgrids and how they work. The power grid is an intricate network that connects peoples’ homes, businesses and buildings to power plants and other sources of energy. Everything is connected. If one section of the grid goes down, everyone else is affected.

This is where microgrids can help.

Microgrids are a relatively new technology in the energy industry and often require a large, upfront investment to implement. Innovations in financing models and the need for greater energy security and resilience are, nonetheless, helping to encourage their use.

Microgrids can be adapted to a community’s energy needs. As shown in the diagram above, they can integrate renewable energy resources such as solar, wind, small hydro, geothermal waste-to-energy and combined heat and power systems.1  They come in different sizes and designs and can power a single facility or a larger area. In the next 9 years, from 2017-2026, it is expected that microgrids will have a continuous, large growth rate, with a total annual global capacity increasing from 238.4 MW in 2017 to 3,291.8 MW in 2026.2  WGL Energy Systems (WGL Energy) supports this technology-driven solution and can help large commercial and industrial customers looking to invest in reliable, distributed energy technology and projects.

For help in determining if a microgrid can help you address your organization’s future energy needs, please contact Chris Murray at chris.murray@wglenergy.com or 703-333-3929. 




Endnotes
1 Eller, A., & Asmus, P. (n.d). Market Data: Energy Storage for Microgrids (pp. 1-28, Rep.). Navigant Research. Retrieved November 10, 2017, from http://www.navigantresearch.com/research/market-data-energy-storage-for-microgrids 
 
2 General Microgrids. (n.d.). What is a Microgrid? Retrieved November 10, 2017, from https://www.generalmicrogrids.com/about-microgrids


Weather

Local Heating Degree Days*

 

 

 


Heating Degrees Day** 

 

Nov - 17

Dec - 17

Jan - 18

Feb - 18

Mar - 18

Apr - 18

 Actual

456

792

 

 Normal

466

786

 

 Departure from Normal

2%

.7%

 

 Warmer

Colder

**Heating degree days are calculated by comparing the day’s average temperature to a 65 degree baseline. If the day’s average temperature is above 65, there are no heating degree days that day. If the day's average temperature is less than 65 degrees, subtract the average temperature from 65 to find the number of heating degree days for that day.