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EMC Energy Initiative News

Please see the attached article for updated natural gas and electricity market information and pricing.


Please see the attached article for updated natural gas and electricity market information and pricing.


Electricity and Natural Gas Update - May 26, 2010

See the attached word document for the latest Energy news.


Market Update - May 6, 2010

Pricing and Trends

 HOEP 30 day trailing average (all hours)              $30.82 /MWh     Previous Report            $26.76

HOEP 30 day trailing On Peak average                 $37.57                                                   $31.91

HOEP 90 day trailing average (all hours)               $31.65                                                   $31.77

HOEP 90 day trailing On Peak average                 $36.14                                                   $36.44

 Current Term Prices...

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Electricity Market Update - April 16, 2010

Pricing and Trends

 HOEP 30 day trailing average (all hours)            $26.76 /MWh       Previous Report     $28.23

HOEP 30 day trailing On Peak average                $31.91                                             $31.01

HOEP 90 day trailing average (all hours)              $31.77                                             $33.84

HOEP 90 day trailing On Peak average                $36.44                                             $37.30

 Current Term Prices (indicative only) 

Term Prices in $...

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The OEB has released the new RPP rates effective May 1, 2010 to October 31, 2010.

For conventional meters the 2 Tier rates are:

 Tier 1   6.5 cents/kWh  (was 5.8) up to the threshold of 600 kWh per month in the summer for residential consumers and 1000 kWh in the winter

 Tier 2   7.5 cents/kWh  (was 6.7) for the balance of monthly consumption

 Note:    A business that is on the RPP rates has a monthly threshold of 750 kWh all year long.

 For Time of Use meters and assuming the consumer is billed by the utility on TOU rates (coming soon to all consumers):

 Off Peak Rate  5.3...

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Updated Electricity market information as of March 2, 2010.

 

Pricing and Trends

HOEP 30 day trailing average (all hours)  $35.90/MWh       Previous Report     $36.71
HOEP 30 day trailing On Peak average    $39.95                                          $40.45
HOEP 90 day trailing average (all hours)  $36.12                                          $36.15
HOEP 90 day trailing On Peak average    $40.17                                          $40.17

Current Term Prices (indicative only)

Term Prices in $ per MWh
Type of Hedge    Bal 10      Cal 2011     ...

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Highlights from an article appearing in the Globe and Mail regarding the price to consumers for the provinces "Green Energy" initiative.

 

"The average market price for electricity in Ontario is at its lowest level since the market was opened up in 2002.  But customers are not reaping the benefits of lower prices because the government is recovering the cost of new projects from power users.

The government is luring green-energy investors with the promise of generous long-term contracts that include a guaranteed revenue stream. Every time a new deal is inked with a gas-fired plant, a wind farm or solar-panel manufacturer, the...

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Special Webinar ~ July 30, 2009. Ontario’s “Global Adjustment/Provincial Benefit” is Adding Significant Costs to Our Manufacturer’s Power Bills… What is it? What Can You Do?

As many manufacturers across Ontario have realized in the past year, the province's mandatory "Global Adjustment/Provincial Benefit" (currently a surcharge) on their monthly power bills is proving to be a difficult cost to manage and contain... especially in a deregulated and volatile energy market.  In some cases we have learned of adjustments comprising upwards of 40% of the total, of some energy bills.

Energy Webinar:  Thursday July 30th @ 11:00 AM

In response to the growing number of...

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Do you have the appropriate information to make solid and timely decisions regarding energy? I’m willing to gamble that you don’t. But it’s far easier getting on the path to success than I bet you think it is. We’ve turned many organizations around. Now it’s your turn.

A question many energy management service providers ask is: "Why do organizations wear blindfolds when targeting energy cost reductions?" Organizations often spend thousands and sometimes millions of dollars per year on energy and are making decisions with limited knowledge or understanding about how and when they use energy. Even more wonder how they are being billed for it. If you fall into one or more of these categories don't worry, you're definitely not alone.

Over the years I've had many...

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