Volume 15, Issue 65 | May 21, 2018

Get Price Protection for Your Home's Energy Budget

A fixed-price plan helps you avoid the worry that comes with unpredictable utility rates

 

Utility rates can vary from month to month, leaving you guessing about next month’s price. Take control of your energy budget with a fixed-price electricity supply agreement from WGL Energy Services (WGL Energy).

 

If you’re a District of Columbia or Maryland resident, you have the power to choose your energy supplier. By choosing WGL Energy, you can take advantage of our special one- or two-year fixed price for your electricity supply. A fixed price for your electricity supply offers you the opportunity to worry less about the impact of rising temperatures, increased cooling demand and unpredictable utility rates on your electricity bill. With a fixed price electricity supply agreement, you can set your home thermostat to a comfortable temperature because your price remains the same all season long.

Residential customers outside these areas can contact our Customer Care Center at 1.844.427.5945 for information regarding your specific electric utility.

Once enrolled, your utility will continue to provide electricity to your home, along with emergency and other services. There is no cost to enroll with WGL Energy.

Click here to enroll before this offer expires on June 4. 


Editor's Note

An Opportunity?

Weekly review for May 13-19, 2018

 

On Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday, May 11, 2018, was 1,538 BCF. This was an increase of 106 BCF from the previous week, in line with the market expectations. Inventories are now 821 BCF lower than last year at this time and 501 BCF below the 5-year average.  

This week the NYMEX natural gas 12-month strip rose 1.8% and the PJM West Hub 12-month forward curve was down 0.1%. Despite the recent price uptick for gas at the front end of the curve (Bal 2018 and 2019), Cal 2020 and 2021 are trading at a discount, continuing the trend as shown in the chart below. The trend may be attributed to producers hedging their expected output as more production becomes available, thereby creating an attractive buying opportunity for those interested in securing prices for 2020 and beyond.  

    

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

 

The temperature continues to fluctuate, and there are some days when it’s hard to imagine that summer will eventually be here. However, the official start of summer is near and energy consumption is likely to be one of your commercial property’s most significant operating expenses over the next several months. We've compiled a list of suggestions to help reduce your energy consumption and electricity bill.

  

Here are 10 energy saving tips to help reduce your energy consumption costs this summer:

1. Adjust your thermostat. Raising the temperature by a few degrees in the summer can have a significant impact on energy usage.

2. Set back the thermostat in the evenings and other times when your building is not occupied. Set up trend logs of your HVAC systems to collect data on whether your systems are going into night setback mode

3. Use shades and blinds to control direct sun through windows in summer to avoid an increase in temperature.

4. Install solar shading features on east-, west-, and south-facing facades.

5. Make sure that areas in front of vents are clear of furniture and paper. As much as 25% more energy is necessary to distribute air with blocked vents.

6. Replace inefficient cooling equipment with new high-efficiency equipment that has a higher coefficient of performance (COP) than the existing equipment.

7. Visually inspect the condition of the heating and cooling coils and the AHU filters. If the coils are dirty or the filters are clogged, change out the filters and clean the coils.

8. Eliminate Single-Pass Cooling Systems. Single-pass cooling systems use water to cool equipment, and the water is circulated only once before being dumped. If possible, modify these systems to be a closed loop.

9. Track and analyze energy consumption using a tool like The Energy Management Platform (EMP) from WGL Energy Services. The EMP helps you manage energy consumption and provides recommendations for energy efficient changes.

10. Educate employees and building occupants about how their behaviors affect energy use.

Additionally, WGL Energy Services (WGL Energy) customers can utilize our Energy Management Platform (EMP) to help manage your electricity consumption. The EMP is a free online tool for WGL Energy government, commercial and industrial customers and can provide you with customized energy efficiency recommendations that can help you save money.

To access your EMP dashboard for more personalized energy-saving suggestions, click here.


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.