Volume 16, Issue 13 | April 29, 2019

Sterling Planet and WGL Energy Team Up with Chesapeake Bay Foundation for Baltimore County Tree Planting

Proceeds from the sale of carbon offsets are used to reduce greenhouse gases and improve water quality.

 

Our ninth annual tree planting event took place on Saturday, April 27, 2019 at Butterbee Farm in Pikesville, Maryland.

Participants included Sterling Planet, WGL Energy Services Inc., (WGL Energy) and Chesapeake Bay Foundation staff and volunteers, along with over 40 students from the University of Maryland and other local colleges.

More than 800 trees were planted to create approximately 2,500 feet of forested stream banks. The project aims to reduce soil erosion and downstream flooding in Jones Falls. The stream runs through Baltimore, flows into the Patapsco River and ultimately into the Chesapeake Bay. In addition, WGL Energy and Sterling Planet are contributing an additional $146,128.10 and $85,564.05, respectively, to the CBF-managed Carbon Reduction Fund.

This tree planting event was held in partnership with The Chesapeake Bay Foundation and is the final phase of an effort aimed at restoring the floodplain along Little Antietam Creek. Last year, the Chesapeake Bay Foundation and its volunteers planted over 1,100 trees on 10 acres along Little Antietam Creek in the spring of 2018.

WGL Energy has partnered with The Chesapeake Bay Foundation since 2010 to help plant 29,915 trees throughout the Chesapeake Bay region. Over the course of their lifetime, these trees will absorb an estimated 30,434 metric tons of carbon dioxide from the atmosphere. This is equivalent to taking 6,462 cars off the road for one year.

WGL Energy and its clean energy partner, Sterling Planet, jointly invest some proceeds in the Carbon Reduction Fund every time carbon offsets are purchased. The fund is managed by the Chesapeake Bay Foundation (CBF) and goes toward new projects to reduce greenhouse gas emissions while also helping to improve air and water quality in the Chesapeake Bay region.

To learn more about Carbon Offsets from WGL Energy, check out our short video:


 


Editor's Note

No Surprises

Weekly review for April 21 - 27, 2019

 

On Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday April 19, 2019 was 1,339 BCF. This was an increase of 92 BCF from the previous week, in line with market expectations. Inventories are now 55 BCF higher than last year at this time, 369 below the 5-year average. This is only the second week during the last two years where current inventories exceeded the prior year’s level.

This week, the NYMEX natural gas 12-month strip (Apr19-Mar20) was flat and PJM West Hub 12-month strip prices were down by a mere 0.5%.

 

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.


Special Offer for Your Home

Get 4% Cash Back When You Choose Our Electricity or Natural Gas

Limited-time offer available to new residential customers.

 

WGL Energy Services' (WGL Energy) 4% Cash Back Rewards is a limited-time offer and is available to new residential customers who purchase electricity or natural gas supply services from WGL Energy.

 

The amount of your Cash Back Rewards check is based on the electricity or natural gas supply you use during the term of your WGL Energy Supply Agreement. At the end of each year of your agreement, we'll calculate your annual Cash Back Rewards by multiplying your total electricity or natural gas supply charges by 4%. 

Your Rewards check will be sent by first-class mail to the customer of record within 30-60 days of the end of each 12-month period of your WGL Energy agreement.

Your Cash Back Rewards applies only to your electricity or natural gas supply charges from WGL Energy. Your WGL Energy electricity or natural gas supply charge will appear as an itemized charge on your electricity or natural gas utility bill.

Signing up for Cash Back Rewards is easy and only takes a few minutes of your time.

Visit our enrollment portal to start earning your WGL Energy Cash Back Rewards.


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 

 668

862.5

638

568

 Normal

196

465 

 758

864

715

563

 Departure from Normal

 0%

19% 

         -12%

0%

-11%

1%

 Neutral

 Colder

Warmer 

Neutral

Warmer

Colder

*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.