WholeSale Price from Grid
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WholeSale Price from Grid (by Ray-N-Pa [PA]) Jun 29, 2022 11:41 AM
       WholeSale Price from Grid (by 6x6 [TN]) Jun 29, 2022 8:11 PM
       WholeSale Price from Grid (by Dodge [PA]) Jun 29, 2022 9:18 PM
       WholeSale Price from Grid (by 6x6 [TN]) Jun 30, 2022 9:50 PM

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WholeSale Price from Grid (by Ray-N-Pa [PA]) Posted on: Jun 29, 2022 11:41 AM
Message:

Because I have made some real estate plays with oil and gas mineral rights, I get all sorts of newsletters on the topics covering energy.

Most recent one has the whole sale cost of power off of the grid more than doubling in about 40% of the US between June and August.

If you haven't locked in an energy supplier yet and are using the provider of last resort, ahhhhhhh - you might want to beef up your utility bill as these additional cost are going to be passed on to you over the next few months. This forecast only goes out three months and is based on the specific grid you are on.

Sorry to be the bearer of bad news

In the case of the Pa we will be going from $45 a MW to $101 MW. Places like California are even impacted by the extreme draught is creating creating the jump to be $67 to $98. The folks taking the biggest hit will be New England going from $50 to $153.

I am not sure how long anyone should lock in for though. Three months isn't long --24.101.xxx.xxx




WholeSale Price from Grid (by 6x6 [TN]) Posted on: Jun 29, 2022 8:11 PM
Message:

What do you mean by locking in an energy supplier?

I am trying to figure out your post. --73.120.xx.xxx




WholeSale Price from Grid (by Dodge [PA]) Posted on: Jun 29, 2022 9:18 PM
Message:

Thanks for the heads up Ray.

6x6, as part of Electrical deregulation a few years ago, PA consumers can choose their Electrical or nat gas suppliers. Existing company maintains the local grid and charges a distribution costs. You get one bill with both charges. If I recall correctly this deregulation lowered costs. But all bets have been off recently. --174.59.xxx.xxx




WholeSale Price from Grid (by 6x6 [TN]) Posted on: Jun 30, 2022 9:50 PM
Message:

Thank you Dodge. --73.120.xx.xxx



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