Volume 16, Issue 7 | March 4, 2019

Visit Us for Energy Answers in Ocean City and Pittsburgh This Week

Our team is talking about energy procurement, energy management and carbon reduction.

 

Ocean City Hotel-Motel-Restaurant Association Spring Trade Expo – Ocean City, Maryland March 3-4, 2019

Karen Pinder-McDuffie and other team members from WGL Energy Services (WGL Energy) will be at the Ocean City Convention Center in Booth #806, offering ideas for reducing energy consumption that can help you save money on your utility bills. Learn how an effective energy management strategy can positively impact your bottom line, without sacrificing guest comfort. Our team will also be talking about how we can help you choose the right electricity or natural gas supply plan for your business, in consideration of your usage patterns, risk appetite and market trends.

This annual event draws close to 5,000 attendees and features 406 exhibit booths, offering participants an opportunity to build new relationships, solidify existing ones and learn from each other.

Click here for more information.

 

Bridge to 2030: Green Project Financing – Pittsburgh, Pennsylvania on March 7

Robin Cunningham, WGL Energy Green Products Manager, will be talking about ways to reduce greenhouse gas emissions, through the purchase and use of electricity generated from renewable sources like 100% National WindPower by WGL Energy. Robin will also share his insights on how business consumers can achieve their sustainability goals with the purchase of carbon offsets.

Also speaking will be Matt Mahoney, Keystone Energy Alliance (KEAA), on C-PACE – a new and exciting financing opportunity for clean energy production in Pennsylvania – and Geoff Bristow, Pennsylvania Department of Environmental Protection, on the financing options available for green energy projects through the Driving PA Forward grant.

Click here for more information.


Editor's Note

Natural Gas Prices Rise

Weekly review for February 23 - March 2, 2019

 

On Friday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday February 22, 2019 was 1,539 BCF. This was a decrease of 166 BCF from the previous week, below market expectations. Inventories are now 154 BCF lower than last year at this time, 424 below the 5-year average.

This week the NYMEX natural gas 12-month strip (Apr 19 - Mar 20) was up 2.6% on forecasts for a cold first two weeks of March. Other than prices for March 2019, which settled this week, PJM West Hub prices were basically flat with the Apr 19 - Mar 20 strip up only 0.4%.

 

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

Sustainability Strategies for Small Businesses

Reduce waste and make a positive impact on your bottom line.

 

Sustainable business practices are becoming more widely adopted and are shaping the future of competitive advantage and energy efficiency. In recent years, sustainability concepts have been proven to yield positive environmental results, and have been helping to make a positive impact on your bottom line.

Large corporations such as McDonald’s, P&G and Cisco Systems have demonstrated success in making sustainability practices, such as reducing carbon and waste, a priority. While larger corporations tend to make headlines, sustainability strategies can be applied at all organizations, regardless of size.

Following are three sustainability strategies for small businesses:

  1. Reduce energy use – When available, use the auto power save feature on your electronics to reduce energy. Sensor switches are great for turning off lights and fans and improve energy efficiency. Some businesses, such as hotels, encourage customers to reduce energy by asking them to choose how often to replace linens and towels.

  2. Go paperless – Printing consumes a signification amount of paper, ink and energy for printers. By migrating documents such as receipts, bookkeeping and customer records online, small businesses can alleviate and directly measure the cost savings of these activities. Using washable mugs and cups is another way to reduce your environmental impact.

  3. Green commuting – Reducing the miles driven to and from the office can save gas, help air quality and save time. Some job functions, such as accounting and web updates, can be completed through telework without much difficulty. Small businesses can also encourage an employee carpool and make it easy for bikers and public transit. 

 

To learn more about going green through carbon reduction and other renewable energy strategies, visit our website.


Our Locations

WGL Energy Opens Office in Philadelphia

Our new Market Street location is surrounded by charm and a rich history.

 

WGL Energy Services (WGL Energy) recently opened a regional sales office on Market Street in Center City Philadelphia.

WGL Energy is a leading supplier of competitive electricity, natural gas, wind power and carbon reduction services to residential, small business and large commercial customers in the Mid-Atlantic. Our local presence in Philadelphia brings us closer to the customers in this market, and allows us to better serve them through a greater understanding of their unique needs.

Formerly known during the 18th century as High Street, Market Street is now known for its rich history. The street served as home to founding father Benjamin Franklin until his death in 1770. Famous landmarks such as the Liberty Bell, Independence Hall and the National Constitution Center line this busy street.

Over the years, Market Street has continued to attract new developments and serve as the city’s main passageway for parades and marches. Market Street’s importance to Philadelphia’s economy, social life and charm have endured throughout its history and we’re proud to call our presence here our Philadelphia home.

If you’re planning a visit to our Philadelphia, office, you can find us at:


WGL Energy - Regional Sales (Philadelphia)
1535 Market Street
Suite 2705
Philadelphia, PA 19102 (USA)

 

And, of course, be sure to follow us on Twitter @wglenergy or visit the WGL Energy Company Page on LinkedIn.


Source:
Nepa, S. (n.d.). Retrieved February 26, 2019, from https://philadelphiaencyclopedia.org/archive/market-street/

 


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

864

641

 

 Normal

196

465 

 758

864

715

 

 Departure from Normal

 0%

19% 

         -11%

0%

-10%

 

 Neutral

 Colder

Warmer 

Normal

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.