Volume 15, Issue 64 | May 14, 2018

Your Path to Sustainability

WGL Energy can help your company procure sustainable energy, reduce your carbon footprint and save money

 

Sustainability goals vary by business and WGL Energy (WGL Energy Services, Inc. and WGL Energy Systems, Inc.) can help your company create a balanced sustainability plan that takes into account your budget and business priorities. WGL Energy offers a variety of solutions that can be custom designed to meet your needs. The spectrum of solutions ranges from easy and affordable steps to extensive plans and all are dedicated to reducing your energy spend while also making your business more sustainable.

Immediate Solutions
Kick-start your sustainability efforts with WGL Energy’s immediate, affordable solutions to bring your energy carbon footprint down to zero.

  • Renewable Energy Credits (RECs): Purchase RECs sourced from wind farms and matched to your electricity supply.
  • Carbon Offsets: Counterbalance the environmental impact of your natural gas usage and other business activities.

Mid-term Solutions
Next, focus on bringing your overall energy usage down. Our energy efficiency offerings can be incorporated quickly into your energy plan while offering long-term savings and permanent reductions to your carbon footprint. 

  • Energy Efficiency: Reduce energy consumption & increase performance.

Longer-term Solutions
Round out your plan with sustainability solutions that permanently reduce emissions and stabilize long-term costs for your remaining energy usage by protecting against price volatility.

  • Solar: Receive environmentally responsible electricity from custom on- or off-site solutions.
  • Combined Heat and Power (CHP): Produce electricity & thermal energy with higher efficiency and lower emissions than grid power. 
  • Fuel Cells: Generate clean energy on-site through a highly efficient electro-chemical process.


Download our green paper to learn more: http://go.wglenergy.com/greenadvantage

 


Editor's Note

Prices Rise

Weekly review for May 6-12, 2018

 

On Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday, May 4, 2018, was 1,432 BCF. This was an increase of 89 BCF from the previous week, less than what the market was expecting. This injection is comparable to the 49 BCF injection seen during the same week last year, and to the five-year average injection of 75 BCF for this week. However, inventories are still substantially lower than the year ago levels (by 37.6%) and the five-year average (by 26.6%). The market will need continued strong production levels to narrow this gap during the injection season.

On the heels of low storage levels, prices were up this week. The PJM West Hub 12-month forward curve rose 1.1% this week, while the NYMEX natural gas 12-month strip was up 2.5%. Stay tuned as we navigate 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.


Energy Efficiency

Manage Your Energy Consumption and Reduce Your Costs

Energy Management Platform empowers you with insights and recommendations for your business

 

Energy consumption can represent a substantial portion of a commercial property’s operating expenditures budget. Understanding your property’s energy usage can help reduce energy consumption and operating expenses, as well as help your organization to achieve its sustainability goals. Access to energy and cost data offers insight into usage over time, the ability to compare operating costs for several properties and allows you to track savings related to conservation efforts. 

If you’re managing multiple properties, energy and cost data can help you identify properties with excessive consumption or costs, such as high energy intensity or increases in utility consumption over time. With this kind of insight, your organization can strategically allocate efforts and monies targeting energy efficiency. 

Weather directly impacts energy consumption and costs; understanding the correlation can help you reduce your future electricity costs. During the summer months, WGL Energy Services (WGL Energy) issues electricity use reduction recommendations to commercial and government customers in an attempt to alert customers of potential peak load periods. High temperatures can impact the cost of your Capacity Peak Load Contribution (PLC). Your PLC can influence 10-30% of your electricity bill, so by lowering your PLC this summer, you can reduce your PLC and overall electricity costs next summer.


Energy data and analytics are key to effective energy management. WGL Energy wants to help our customers and channel partners successfully manage energy use and consumption, so we offer the online Energy Management Platform (EMP) at no cost to WGL Energy government, commercial and industrial customers.

The EMP includes the following features:

  • A central dashboard with cost and usage performance views by site and account
  • Monthly commodity usage and spend over time
  • Carbon calculator for electricity and natural gas usage
  • Energy efficiency recommendations customized to your properties
  • Benchmarking and reporting
  • Automated data exchange with ENERGY STAR Portfolio Manager®
  • Actual vs. budgeted cost monitoring
  • Automated download of full bill utility cost data
  • Weather impact data

Managing energy consumption is important to the success of any business. A March 2017 Deloitte study on energy management found that over 80 percent of businesses viewed the reduction of electricity consumption as an essential means to remaining competitive. The same study also revealed that, as more businesses implement energy management programs, the motivations for implementing these programs are extending beyond cost savings to the need to reduce risk, improve resilience and increase energy portfolio diversification.

Access the EMP today to implement your energy management program or contact us at EMP@WGLEnergy.com for assistance with your EMP login.

 

References: 
Deloitte Center for Energy Solutions. Deloitte Resources 2017 Study Energy management: Sustainability and progress. (2017). Retrieved July 26, 2017, from 
https://www2.deloitte.com/us/en/pages/energy-and-resources/articles/residential-and-business-energy-study.html

Guild, J. (2017, May 09). How Energy Data Analytics Help Facility Managers Maximize Efficiency. Retrieved July 26, 2017, from https://www.smartresilient.com/how-energy-data-analytics-help-facility-managers-maximize-efficiency


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

312

 Normal

466

786

899

728

568

270

 Departure from Normal

2%

.7%

.1%

24%

13%

 13%

 Warmer

Colder

Colder

Warmer

Colder

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.