Volume 16, Issue 10 | March 25, 2019

We're Providing Energy Answers at NFMT in Baltimore

Visit us at the National Facilities Management & Technology Expo

 

WGL Energy Services (WGL Energy) is exhibiting at NFMT (National Facilities Management & Technology) Expo March 26-28 at The Baltimore Convention Center.

NMFT is the #1 Facilities Management Conference in the country and hosts over 500 exhibitors. Connect with your peers and learn new ways to manage your facilities, collaborate with the best minds in the industry and get all the info you need to complete your projects in 2019.

Visit our booth and speak with our energy experts to learn more about how we can help you achieve greater levels of energy security and efficiency with a diversified portfolio of energy solutions. Our product offerings include electricity and natural gas, as well as electricity sourced from wind and natural gas matched with carbon offsets.

Energy costs are among the highest budget line items companies face. These costs can be managed by establishing an energy management strategy that can help you achieve your energy goals.

Whether you need an energy management strategy for a portfolio of properties or individual buildings, WGL Energy can provide a customized solution that meets your needs.

Visit the NFMT website to learn more or to register for this event. And, be sure to follow us on Twitter, using the event hash tag, #NFMT19.


Editor's Note

2018: The Year of Natural Gas (Again)

Weekly review for March 17 - 23, 2019

 

Arguably the biggest story in the U.S. Energy market over the last decade has been the rise of shale gas and subsequent increases in U.S. production, consumption and exports of natural gas. Recent reports from the U.S. Energy Information Administration, summarizing energy market stats for 2018, illustrate how that story is evolving and far from ending. It all starts with production, which had the largest ever annual increase, up 11% from the previous record levels seen in 2017. Consumption of natural gas was also up in 2018, with 10% growth over 2017 consumption, and led by increases in power burn (natural gas used to generate electricity). 

Most of the new electricity-generating capacity that came on line in 2018 was fueled by natural gas and it is expected the trend of natural gas, along with renewables, in replacing coal capacity will continue. Increased production and some new infrastructure allowed for increased exports, both pipeline and LNG tankers, to continue with total exports up 14% in 2018.    

On Friday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday March 15, 2019, was 1,143 BCF. This was a decrease of 47 BCF from the previous week [after revision to last week’s level], and in line with market expectations. Inventories are now 315 BCF lower than last year at this time, and 556 BCF below the 5-year average.

This week the NYMEX natural gas 12-month strip (Apr 19-Mar 20) was down 0.4% and PJM West Hub prices were basically flat with the Apr19-Mar20 strip up only 0.1%.


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

5 Tips for Spring Cleaning and Energy Savings

Get ready for spring with these tips designed to keep your energy use sustainable and efficient

 

Spring is officially here and it’s the perfect time to tidy up both indoor and outdoor living spaces. Spring can also be a great time to consider additional steps to make your home or business more sustainable and energy efficient.

Here are five tips for saving energy and making your business more sustainable:

  1. Install window treatments – When sunlight beams into your windows, it can increase the temperature of your living space. Energy-efficient window treatments such as shades and blinds reflect the heat and make the space cooler, helping to reduce energy consumption. 
  2. Have heating/cooling systems serviced – Routinely replacing air filters and having your HVAC system serviced can lower your home’s energy consumption by up to 15 percent.
  3. Utilize a programmable thermostat – As the temperature rises, setting the temperature higher when you’re not at home on warmer days can reduce energy costs by 10 percent.
  4. Seal air leaks – Drafts from open windows or doors keep air flowing in and out of your home, which could impact your energy costs.
  5. Consider wind energy – Wind energy is a clean energy source that is environmentally friendly and cost effective. It requires no equipment installation and is billed directly on your current electric utility bill.

These simple adjustments can make a difference in your energy consumption and, ultimately, how much your home or business pays each month. For help meeting your sustainability goals, becoming more energy efficient or  learning more about the latest renewable energy solutions for your home or business, visit wglenergy.com or call 1-844-4ASK-WGL to speak with one of our energy experts.

 

Sources:
Lester, P. (2015, March 20). 10 Energy Saving Tips for Spring. Retrieved March 15, 2019, from https://www.energy.gov/articles/10-energy-saving-tips-spring

Dolce, C. (2019, February 26). 5 Reasons Spring Is the Most Dynamic Weather Season. Retrieved March 20, 2019, from https://weather.com/news/news/2019-02-26-spring-weather-tornadoes-flooding-heavy-snow-temperature-changes


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.