Energy prices continue to hold at historically low levels. As we went to press, electricity and natural gas prices were at 5-year lows. In our judgment, there is very little possibility that these prices can go lower. Last time natural gas prices dipped below current levels, drillers began to cap their wells, because they were not economically viable. Below is the current state of the market for both electricity and natural gas in PJM.
On the other hand, natural gas – and to some extent – electricity – are voluble, and rapid upswings are always a possibility. The indicated action is obvious: we are advising all our clients to take advantage of this historic buying opportunity. If your energy contracts expire in 2017 or 2018, you really should be buying now to lock up these attractive prices. And The Energy exchange is the best way to buy.
- EVERY available price
- From EVERY viable Supplier