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Energy Market Update

Electricity Markets The electric markets came up just slightly over the report week. Over the past few weeks the near-term prices have slowly come down, while the out years (2020,2021,2022) have been steadier without much change from week to week.  There is an upward trend developing in the NYISO capacity markets tied in part to […]

Energy Market Update

Electricity Markets All electric ISO’s took a slide over the report week and prices are attractive. It’s unlikely that the markets will get back to the historically lower levels seen over the past few years as the fundamentals like plant closures have changed the game.

Energy Market Update

Electricity Markets Although prices aren’t as low as they have been historically in ISO-NE, there are new dynamics in the New England region that now play a part in the electric price mix. Lack of natural gas pipeline capacity combined with multiple plant retirements make it unlikely that we will get back down to levels […]

Energy Market Update

Electric Vehicle (EV) Charging Station Incentive Program *NY Clients only In an effort to make New York State’s environment cleaner, there are a number of significant incentives currently available for public and private organizations that install Level 2 EV charging stations. The stations can be placed in public parking facilities, workplaces, and multifamily apartment buildings. […]

Energy Market Update

*Important information for New York State Businesses* NYS is attempting to repeal a longstanding tax exemption for businesses that utilize third party suppliers, or ESCOs, for electric and natural gas service. This repeal is estimated to cost NYS businesses an additional $128 million per year in sales taxes. Please follow the link to support the […]

Energy Market Update

Electricity Markets With the exception of a slight tick up in ISO-NE, the remaining markets all trailed downward over the report week. Will we continue to see a downward trend in electric prices coming out of the winter period? Only time will tell.

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