Energy News

Energy research report 2024

Best times to contract for Spring and Summer 2024

Navigating Energy Contracts: Optimal Timing for Electricity and Natural Gas in Spring and Summer 2024 In the intricate realm of energy procurement, timing plays a pivotal role, especially when aiming for cost-effective contracts. This article delves into the optimal periods for contracting electricity and natural gas with a Spring and Summer 2024 start date. Traditionally,…
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Energy Research 2024

Now Is the Best Time

Seizing the Opportunity: Why Now Is the Best Time to Secure Electricity and Natural Gas Contracts In the dynamic landscape of energy markets, timing is crucial, and a significant downturn has presented an advantageous moment for potential buyers. As specific contracts reach their 52-week lows, the opportunity to secure electricity and natural gas at favorable…
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illinois commercial electricity supply

Unlocking Energy Savings

Unlocking Savings: Why Illinois Businesses Should Compare Commercial Electricity Supply Rates In the competitive landscape of business, every penny saved is a penny earned. One significant area where businesses can unlock substantial savings is through their commercial electricity supply. Illinois, with its bustling economy and diverse industries, presents a unique opportunity for businesses to optimize…
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future 2025 electricity pricing

2024 and 2025 electricity predictions on pricing

What are the 2024 and 2025 electricity predictions on pricing? The electricity price predictions for 2024 and 2025 suggest a potential for price increases, influenced by various factors. The U.S. Energy Information Administration (EIA) forecasts an increase in electricity sales to U.S. customers by more than 2% in 2024, driven by factors such as high…
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Future 2024 - 2025 natural gas pricing

2024 and 2025 natural gas predictions on pricing

What are the 2024 and 2025 natural gas predictions on pricing? The natural gas price predictions for 2024 and 2025 vary among different sources. The World Bank forecasted that US natural gas prices could average $6 in 2024. On the other hand, the U.S. Energy Information Administration (EIA) forecasted lower wholesale U.S. natural gas prices…
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commercial electricity

Future 2024 and 2025 predictions on Energy

Future 2024 and 2025 predictions on Energy. Several factors can influence fluctuations in electricity rates, causing them to rise or fall. Some of the key factors include: Supply and Demand: If the demand for electricity surpasses the available supply, prices can rise due to increased production costs. Conversely, when there’s excess supply compared to demand,…
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commercial energy rates

The Crucial Need for Commercial Businesses to Compare Electricity Suppliers

The Crucial Need for Commercial Businesses to Compare Electricity Suppliers In today’s competitive market, commercial enterprises face numerous challenges in managing overhead costs while striving for profitability. One of the major expenses for any business is energy consumption, particularly electricity and natural gas. Many businesses overlook the potential savings that could be achieved by comparing…
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power to choose

Comparing Electric Suppliers with The Power To Choose

Comparing Commercial Electricity Suppliers with The Power To Choose In today’s competitive business landscape, finding ways to reduce costs and maximize efficiency is crucial. One area that offers potential savings is commercial electricity expenses. By comparing electricity suppliers and leveraging platforms like Bid On Energy, businesses in energy deregulated states can exercise The Power To…
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commercial electricity supply US highest usage

Who has the highest utility bills?

Determining which region or state has the highest utility bills can vary depending on various factors such as energy sources, climate conditions, infrastructure, and energy policies. However, there are certain areas in the United States where utility bills tend to be relatively higher. Let’s explore some examples: Northeastern States: Several northeastern states, including Connecticut, Massachusetts,…
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What state has the lowest utility bills?

Which State Boasts the Lowest Utility Bills? Today utility bills including electricity costs, play a significant role in household expenses. Understanding which state in the United States has the lowest utility bills can provide valuable insights for budget-conscious individuals and families. In this article, we delve into the question: “What state has the lowest utility…
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