Again using NYMEX 12-month Natural Gas Strip prices as a proxy for electricity, this graph provides an indication of how wholesale electricity supply prices have fluctuated in the last 3 years.



(Click here to view the most recent 3-year Natural Gas chart at FutureSource.com)

From this graph you can see that energy prices are currently about as low as they can go.  Now is the time to lock in rates before the US and World economies recover and rates rise again.


 

A Chart of Pennsylvania Electricity for the Last 24 Months

Chart of Natural Gas Prices for the Last 12 Months

NYMEX 12-month Gas Futures Strips as of 7/26/2010.

- This graph is useful for seeing which way the base price of energy supply has moved in the last 12 months.

- Gas prices are a relatively close proxy for current electricity prices.

- Remember this is a relative price for the source energy, and does not include various additional price components ( 'adders'), and local variations.



(Click here to see the current 1 year Natural Gas price graph at FutureSource.com)

Resources:

- Understanding Power Bills (PDF)

- See our List of Projects

- See An Online Auction Demo (you must register to view this demo)