Comparing January 2018 LMP Prices to the Last Polar Vortex

By Michael DeCaluwe

January 17, 2018 – Taking a look at this year’s index power prices vs. those we saw in the last polar vortex, most markets are mirroring what we saw then.

At that time, prices rose higher as the cold continued. We’ve seen the same initial burst of cold weather this season. If this cold is prolonged, we might see prices exceed those we saw at that time.

What rising prices mean for your company energy strategy.

Those that are on index pricing might want to look at fixed prices to protect your remaining winter energy budget.

Similarly, companies on a fixed energy product may review fixing future volumes because any stress on current supply pictures might have a long-term bullish effect on pricing.

Any questions? Contact one of our Strategic Energy Advisors at 630-225-4550 to discuss your company’s natural gas strategy.

Index Power Price Alert – January 2018

Locational Market Price Chart - January 2018

By Michael DeCaluwe

January 10, 2018 – For those that have their electricity service priced under an index agreement, you have seen record low costs throughout 2017 due to our unseasonably mild weather over this past year.

However, the brutal cold we saw at the end of 2017 sent index prices soaring to some of their highest levels in almost 3 years. Those hit particularly hard were clients in New England, New York, Pennsylvania and Maryland.

Long-term, index rates have still been far lower than fixed rates. Clients that can take the risk can often benefit from this product, but the above illustrates “Murphy’s Law” with respect to how high index rates can get during periods of volatile weather.

Any questions? Contact one of our Strategic Energy Advisors at 630-225-4550 to discuss your company’s power strategy.

Nania Energy Advisors Welcomes Michael Janowski as New Creative Marketing Strategist

Warrenville, IL (November 13, 2017) – Nania Energy Advisors is thrilled to announce that Michael Janowski has joined our team as our Creative Marketing Strategist. He brings a unique skill set and enthusiasm to marketing that we can’t wait to incorporate into our business and culture.

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Nania Welcomes Andrea Brockman

Nania Energy is excited to announce that Andrea (AJ) Brockman has officially joined our team. We have been anxiously awaiting her arrival since she was hired back in December 2016. AJ will be working along-side our veteran sales representative Calvin Cornish to better serve the community living and real estate sector of the Illinois market.
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