Volume 16, Issue 2 | January 14, 2019

WGL Energy Receives Retail Energy Supplier License in Ohio

The Ohio commercial market is the supplier’s first foray in the Midwest and first new state expansion since 2010

 

The Public Utilities Commission (PUC) of Ohio recently granted WGL Energy Services, Inc. (WGL Energy) an electric supplier license to serve all customer classes in all service areas. 

With a regional sales office in Pittsburgh, Pennsylvania, WGL Energy is scheduled to launch its first foray in the Midwest in early February, when it will begin selling electricity supply agreements to commercial and industrial (C&I) customers in Ohio. The company will initially be offering a variety of commodity supply agreements through its network of authorized channel partners, which includes a number of locally-based Ohio energy brokers and consultants.


“We’re excited to join forces with our channel partners in Ohio, and for the opportunity to bring our customer-friendly electricity supply and renewable energy products to C&I customers in the region,” said Clint Zediak, WGL Energy Vice President of Sales. WGL Energy is a trusted leader in efficient and environmentally-friendly energy technology solutions to residential, government, commercial and industrial customers and has been providing energy answers in the Mid-Atlantic for over 20 years.

WGL Energy’s channel partners will have the ability to offer a diverse portfolio of electricity supply solutions to help customers control costs and meet their sustainability objectives. WGL Energy’s convenient procurement vehicles and environmentally-friendly energy solutions are suited for enterprises that need to manage energy in single facilities, across large inventories of sites or buildings, or are looking to differentiate their company. C&I customers can choose from fixed price, variable price, block & index and even sub-account contracts.

Visit our website at wglenergy.com to learn more or fill out a short form to schedule your free consultation.


Editor's Note

Prices Rise

Weekly review for January 5 – 11, 2019

 

On Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday, January 4, 2019, was 2,614 BCF. This was a decrease of 91 BCF from the previous week and a slightly larger withdrawal than what the market had been expecting. This withdrawal was significantly less than both the 359 BCF pulled from storage this week last year and the 5-year average withdrawal for the week, which is 182 BCF. Storage levels remain at relatively low levels – 204 BCF (7.3%) lower than a year ago, and 464 BCF (15.1%) lower than the 5-year average for this date.

Prices were up this week as the market looked ahead to cooler, more seasonable temperatures. At the end of the week, the PJM West Hub 12-month forward curve was up 0.7%, while the NYMEX natural gas 12-month strip rose 1.3%.

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.


Clean Energy

Renewable Energy Benefits the Environment and Public Health

The health benefits of renewable energy are often overlooked

 

According to a Harvard University study on the health and climate benefits of different energy efficiency and renewable energy choices, renewable energy generation positively impacts both the environment and public health, although the benefits to the latter are often overlooked. 

Researchers looked specifically at wind farms built in Cincinnati and Chicago and concluded about $210 million dollars in annual health benefits were generated. Similarly, they found that wind farms in less-densely populated areas such as southern New Jersey produced $110 million in benefits.

Moreover, areas that already had many low carbon energy sources benefited the least from the addition of renewables, while regions with greater amounts of coal-based power generation benefited the most. 

The pollution created by nonrenewable energy sources has been linked to health issues that can affect the respiratory and neurological systems of the body. Alternatively, there is no evidence to suggest a similar link between energy created from renewable sources and these health problems. Renewable energy generation from sources like wind and solar results in virtually no air pollution, making it safer for both the environment and human life.

While often overlooked, the use of renewable energy can have a positive impact on public health. An increase in renewable energy usage can promote a better quality of life and can provide additional funds for public health initiatives like improved access to healthcare and additional research into other diseases.

WGL Energy Services (WGL Energy) offers a variety of renewable energy solutions for both residential and commercial customers who want to protect the environment and improve public health.

To learn more about our clean energy solutions, visit our website or call 1-844-4ASK-WGL to speak with one of our energy experts. 


Sources:
Benefits of Renewable Energy Use. (17, December 20). Retrieved January 4, 2019, from https://www.ucsusa.org/clean-energy/renewable-energy/public-benefits-of-renewable-power#.XC-ksflK/iUk

Health Benefits of Using Renewable Energy. (2017, September 26). Retrieved January 7, 2019, from https://greentumble.com/health-benefits-of-using-renewable-energy

Magill, B. (2015, September 01). Better Health a Key Benefit of Renewables, Study Says. Retrieved January 3, 2019, from http://www.climatecentral.org/news/renewables-benefit-climate-public-health-19397


Weather

Local Heating Degree Days*

 


Washington, D.C. Area Heating Degrees Days* 

 

Oct - 18

Nov - 18

Dec - 18

Jan- 18

Feb - 18

 Mar - 19

 Actual

195.5 

555.5 

 671.5

 

 Normal

196

465 

 758

 

 Departure from Normal

 0%

19% 

         -11%

 

 Neutral

 Colder

Warmer 

 

*Heating degree day (HDD) data is for the Washington, D.C. area and is 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, then subtract that average temperature from 65 to find the number of heating degree days.