Volume 15, Issue 61 | April 23, 2018

Special Earth Day Pricing on Wind Power for Your Home

Did you know you can power your home with 100 percent wind power from WGL Energy?

 

When you choose 100% National WindPower from WGL Energy Services (WGL Energy) for your home, you’re helping to promote cleaner air ...which is great for the environment. Choosing wind power is easy – there's no cost to switch, you don't need special equipment and there’s no better time! 

We match 100% of your electricity supply with renewable energy certificates (RECs) generated from wind farms around the country. By choosing this exclusive offer, you’ll cut your household’s carbon footprint, which is equivalent to taking one car completely off the road for 18 months (based on average household usage of 10,000 kWh/year).
 
With our fixed-price agreement, your price remains the same for the term of your agreement. Electricity prices may fluctuate, but with WGL Energy, you get peace of mind that comes with a stable price — while helping to improve the environment.

When you choose WGL Energy, your utility will still distribute electricity to your home and provide emergency and other services. Your monthly utility bill will feature WGL Energy electricity charges, sourced from 100% wind power. There will be no service interruption or connection charges. WGL Energy serves over 79,000 residential customers in the greater metropolitan Washington, D.C. area.
 
Act now because this special offer expires on May 11, 2018. Click here to learn more.


Editor's Note

Prices Down

Weekly review for April 15 - 21, 2018

 

On Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday, April 13, 2018 was 1,299 BCF. This was a decrease of 36 BCF from the previous week and a higher withdrawal than the market was expecting.

An injection into storage, not a withdrawal, is typical during this time of the year. In fact, the 5-year average for this week is an injection of 38 BCF. Inventories are currently 808 BCF, or 38.3%, lower than last year during this same period and 449 BCF, or 25.7%, below the 5-year average. It will take continued strong levels of natural gas production to refill storage inventories to adequate levels this summer.

After a colder than normal March (19% colder than the 30-year average at Washington Reagan National Airport), the MId-Atlantic is experiencing a cold April (as noted by the unusual April withdrawal from storage). Based on current weather forecasts, we are on track to be 24% colder than the 30-year average at Washington Reagan National Airport for the month. This is a significant contrast to last April, when temperatures were approximately 50% warmer than normal.

Despite the low storage levels, and strong late season heating demand, prices were down this week. The PJM West Hub 12-month forward curve fell 0.6% this week, while the NYMEX natural gas 12-month strip was down 2.4%.

Stay tuned as we head into the summer injection season.
  

 

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.


Renewable Energy

WGL Energy Joins Washington, D.C. Mayor in Celebrating Completion of 11.8 MW Solar Project

Department of General Services solar project is among the largest municipal onsite solar energy projects in the country

 

WGL Energy Systems, Inc. (WGL Energy) joined Washington, D.C. Mayor Muriel Bowser and project partners on April 17, 2018 to commemorate the completion of an 11.8 megawatt (MW) solar system for Washington D.C.’s Department of General Services (DC DGS). The expansive portfolio of onsite solar projects, which includes electric capacity installed across 40 properties owned and operated by WGL Energy, supplies power to several schools, hospitals, recreation centers and more, including the Police Training Academy, St. Elizabeth’s Hospital and Ballou Senior High School, through rooftop and carport systems throughout the nation’s capital. The completion of the solar project is expected to save taxpayers millions in reduced electricity costs while avoiding greenhouse gas emissions in the District.
 


The ribbon cutting ceremony took place at a project site, H.D. Woodson High School, one of the largest solar systems in the city. Through its partnership with WGL Energy, the DC DGS is able to fulfill its pledge to bring new solar development to the District of Columbia. Together, WGL Energy, with a group of talented project team members including Sol Systems that served as the developer of the project, closely collaborated with DC DGS and worked diligently to make one of the largest municipal onsite solar projects in the United States a reality.

“WGL Energy commends the District of Columbia and the DC DGS for their energy leadership in the region, and their dedication to providing innovative energy options that will benefit local businesses, residents, students and community members for many years to come,” said Sanjiv Mahan, president of WGL Energy. “We are proud to support this significant energy milestone with city leaders as part of our Earth Day celebration. WGL Energy is dedicated to delivering diverse energy solutions to our customers, and we look forward to continuing our long history supporting the District with energy answers from across the energy spectrum.”

WGL Energy Systems, which has more than 250 MW of distributed generation projects installed or under contract across 21 states and the District of Columbia, owns and operates the facility under 20-year power purchase agreements (PPAs), and receives the renewable energy credits (RECs). WGL Energy operates 64 solar projects throughout Washington, D.C., with a combined capacity of over 14 MW.

Over the 20-year term of the PPA, which allows DC DGS to benefit from stable and lower-cost electricity, D.C. taxpayers are expected to save $25 million in reduced electricity costs, according to estimates. The projects, a system of 22,075 solar panels that are anticipated to generate more than 14,977 megawatt hours (MWh) of electricity this year, will avoid greenhouse gas emissions equivalent to taking 2,387 cars off the road for one year.

The project started in January 2016 with a vast majority of sites designed, engineered and generating electricity for the city by July 2017. According to DC DGS estimates, the combined projects created more than 150 temporary jobs during construction and design, as well as a projected five permanent jobs for ongoing operation and maintenance.

View the full release here: https://www.wglenergy.com/press-room/2018/wgl-energy-joins-mayor-bowser-in-celebrating-completion-of-solar-project
 

About WGL Energy
WGL Energy delivers a full spectrum of energy offerings, including electricity, natural gas, renewable energy, carbon reduction, distributed generation and energy efficiency solutions provided by WGL Energy Services, Inc. and WGL Energy Systems, Inc. To learn more, visit us at http://www.wglenergy.com. Follow us at @wglenergy on Twitter and WGL Energy on LinkedIn.


About WGL
WGL (NYSE: WGL), headquartered in Washington, D.C., is a leading source for clean, efficient and diverse energy solutions. With activities and assets across the U.S., WGL consists of Washington Gas, WGL Energy, WGL Midstream and Hampshire Gas. WGL provides natural gas, electricity, green power and energy services, including generation, storage, transportation, distribution, supply and efficiency. Our calling as a company is to make energy surprisingly easy for our employees, our community and all our customers. Whether you are a homeowner or renter, small business or multinational corporation, state and local or federal agency, WGL is here to provide Energy Answers. Ask Us. For more information, visit us at http://www.wgl.com.


Upcoming Events

Find Us at These Upcoming Events

 

Hermes Expo International 2018
Philadelphia, PA
April 25, 2018
https://hermesexpo.com/ 

Northern Virginia Community College (NVCC) Green Festival: Towards Environmental Resiliency in a Changing World
April 26, 2018
Annandale, VA
http://www.nvcc.edu/green-festival/2018/index.html 

21st Annual Energy Restructuring Conference (National Energy Marketers Association)
Washington, D.C.
April 30-May 2, 2018
http://www.energymarketers.com/events/register.asp?event_id=107

Midwest Solar Expo
Minneapolis, MN
April 30-May 2, 2018
https://www.midwestsolarexpo.com/

8th Annual Sustainability Symposium (Green Building United)
Philadelphia, PA
May 4, 2018
https://greenbuildingunited.org/events/2018-sustainability-symposium

 

For more information about upcoming events, visit our events page.


Weather

Local Heating Degree Days*

 

 


Heating Degrees Day** 

 

Nov - 17

Dec - 17

Jan - 18

Feb - 18

Mar - 18

Apr - 18

 Actual

456

792

900

549

657

 

 Normal

466

786

899

728

568

 

 Departure from Normal

2%

.7%

.1%

24%

13%

 

 Warmer

Colder

Colder

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.