Volume 16, Issue 3 | January 21, 2019

Giving Back to Our Community

WGL Energy at the 2019 NBC4 & Telemundo 44 Health & Fitness Expo

 

This past weekend, WGL Energy Services. Inc (WGL Energy) exhibited at the 2019 NBC4 and Telemundo 44 Health & Fitness Expo in Washington, D.C., a two-day event which offers our community a chance to learn more about health, wellness and fitness. 

Expo attendees who braved the weekend snow storm came by our booth and met with WGL Energy team members to learn more about energy choice, energy saving tips and the health benefits of clean energy product offerings for their homes, including electricity sourced from wind power and natural gas matched with carbon offsets.

The weekend also included a special visit by Dr. Bear, the iconic mascot of Children's National Health System, in commemoration of our partnership with them.

With a health care experience designed around kids' unique needs, Children's National is the premier provider of pediatric services in the Washington, D.C., metro area and is the only health system specializing in kids. Last year, they saw more than 219,000 children from the nation’s capital, Maryland and Virginia, as well as from across the country and around the world.

WGL Energy is partnering with Children’s National in their mission to help thousands of children grow up stronger. Through its fundraising efforts, Children’s National provides kids and their families with a quality healthcare experience, regardless of illness, injury or ability to pay. For a limited time only, WGL Energy will donate $50 to Children’s National for each residential customer who purchases one of our electricity or natural gas supply offerings for their home.

Click here to learn how you can support families in our community with your purchase of electricity and natural gas for your home.


Editor's Note

Cold Forecasts, High Prices

Weekly review for January 13 19, 2019

 

On Friday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday, January 11, 2019, was 2,533 BCF. This was a decrease of 81 BCF from the previous week, a much lower than typical withdrawal for this time of year. Inventories are now only 77 BCF lower than last year at this time, 327 below the 5-year average. For the first time since July 27, levels are above the 5-year minimum value.   

This week the NYMEX natural gas 12-month strip (Feb19-Jan20) was up 5.2%, with the PJM West Hub strip up 5.1%. Even those relatively large changes do not fully illustrate the volatility we are seeing in the market, especially at the front of the curve. Prices for February 2019 were up 16% for gas and 25% for power on Monday alone, before giving up some of the gains later in the week. Both increases were driven by increasingly cold forecasts for the end of January, potentially extending into February as the market digests the impact of the fracturing polar vortex which can lead to more severe winter weather.

Our offices are closed on Monday, January 21, 2019 in observance of the Dr. Martin Luther King, Jr. holiday. 

 

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 Management

How to Stay Warm this Winter

WGL Energy shares simple tips for keeping your home warm

 

As reported by WTOP in November, the winter outlook calls for almost double the average snow and colder than average temperatures. 

The Arctic blast has moved into our region, with blustery conditions and wind chill values as low as -8 through Monday.

You can keep your home warm this winter by following these simple tips:

  • Check your weather forecast regularly, on WTOP 103.5 FM or on the WTOP App. Knowing what to expect is the first step in preparing for colder weather and winter storms.
  • Cover drafty windows with heavy-duty, clear plastic during the winter months. This simple weatherization tip will eliminate unnecessary drafts, improve energy efficiency and help save money on your heating bills.
  • Seal cracks, gaps and holes around windows and doors with caulk, weatherstripping or door sweeps. Reducing drafts around these areas is another easy way to improve energy efficiency and help save money on your heating bills.
  • Prevent water pipes from freezing. Water supply pipes that run along exterior walls that have little or no insulation, along with those in unheated interior areas like basements and crawl spaces, attics, garages, and kitchen cabinets are prone to freezing. During bitter cold temperatures, the American Red Cross recommends letting cold water drip from faucets served by these pipes. For an added layer of protection, open your kitchen and bathroom cabinet doors to allow warmer air to circulate around the pipes inside (after ensuring any harmful household cleaning supplies and other chemicals are out of reach to children and pets).
  • Keep your thermostat steady during extra-cold periods, both during the day and at night. Maintaining a warmer temperature when you are away or sleeping may raise your heating bill but will help to prevent a costlier repair job if your water pipes freeze and burst.
  • Properly maintain your heating system. Change your furnace filter at least once a month and protect your heat pump from the elements to improve energy efficiency. Use caution when removing snow, ice, and leaves from your outdoor unit.

For more tips to help get you through the winter and beyond, visit our website or call 1-844-4ASK-WGL to speak with one of our energy experts.


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.