Energy Research Council Archives - Environment+Energy Leader

ERC Price Benchmarks/Week Ending 3-24-17

March 29, 2017 by James Moore

Energy Research Council’s (ERC) national benchmark price for a May 2017 electricity contract rose last week by 0.5% to $0.0754 per kilowatt hour. The greatest price increase last week was in Connecticut (1.4%), followed by New York (1.2%). Conversely, prices pulled back slightly in Delaware (-0.6%) and Illinois (-0.1%). Month-over-month, ... Read more »

Dallas Signs Power Contract Worth at Least $320 Million

June 24, 2015April 11, 2022 by Josh Kessler

Last week, Retail Energy Buyer (REB) reported that the Dallas City Council was considering signing a contract worth up to $450 million. This week, WFAA of Dallas reported that the City went through with the deal worth a minimum of $320 million. Jim Moore of the Energy Research Council, who ... Read more »

New England Energy Customers Catch a Break

May 13, 2015March 30, 2022 by Josh Kessler

Over the past two winters, New Englanders have seen soaring electricity prices as a result of a sustained natural gas shortage. Last winter, liquefied natural gas (LNG) supplies helped mitigate supply shortages. That led to a drop in wholesale electricity prices, but utility rates remained elevated, which led many consumers ... Read more »

ERC: Electricity Prices Will Moderate This Spring

April 15, 2015 by Josh Kessler

Short-Term Price Benchmark Trends Most states posted an increase in average retail electricity benchmark prices last week. The average across all states, however, remained stable after the previous week’s increase in the national average benchmark to $0.0849 per kWh. Bucking the trend with lower average benchmark prices last week are ... Read more »

How to Ensure Predictable Energy Costs

April 15, 2015March 30, 2022 by Josh Kessler

Last week, The Megawatt Hour posted its second blog entry about how companies can control and accurately predict their future energy costs. Last month’s post focused on the problem of managing energy data. It recommended switching from manual data tracking and manipulation using spreadsheets to automated data management and analysis ... Read more »

ERC Analysis: Retail Electricity Price Trends

April 8, 2015September 1, 2022 by Josh Kessler

The Energy Research Council (ERC) provides weekly retail electricity price benchmark data for Retail Energy Buyer. Last week’s newsletter presented an overview of how to interpret these benchmarks. In addition, ERC is providing an original analysis of both short- and long-term benchmark price trends. Short-Term Price Benchmark Trends The trends discussed below ... Read more »

Interpreting Energy Research Council Price Benchmarks

April 1, 2015April 1, 2022 by Josh Kessler

Last week, Retail Energy Buyer introduced new electricity price benchmark data from the Energy Research Council. The data set aggregates price offers from numerous retail energy providers. The value of this data is twofold. First, comparing offers over a period of a year or longer can provide a long-term perspective ... Read more »

New Resource from Energy Research Council

March 25, 2015 by Josh Kessler

Retail Energy Buyer has new benchmark retail electricity price data from the Energy Research Council (ERC) that will be provided each week in the right sidebar of the newsletter. The benchmark metrics in these tables are based on a standardized database of daily matrix prices from over a dozen retail ... Read more »

Small Businesses Don’t Understand Their Energy Contracts

December 10, 2014 by Linda Hardesty

The Energy Research Council’s new brief “Buyer Beware: Early Contract Termination” finds that seven out of every 10 small-to-medium business owners are unaware of early termination provisions in their electricity supply contracts. Early termination occurs when a customer locks into a contract with an electricity supplier for a start date ... Read more »

How Severe was the Polar Vortex on Electricity Prices?

April 29, 2014September 1, 2022 by William Opalka

The polar vortex caused electricity prices to spike in January, but the real sticker shock for customers may only be just beginning. Customers could be charged an additional 1 to 3 percent to make up for additional costs incurred by their suppliers. The Energy Research Council (ERC) just released a ... Read more »

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