Zero f***s given.
PECO serves 5 counties, 4 are not “Philly”.
Natural gas prices have more than doubled. If this guy was so in tune with energy, he knows nothing about the market price of the delivered commodity?
Or is this all just lots of works to state NG commidity charges are high because it mid winter.
That was the item about heating oil. With a calendar reminder, some self control and the right tank size, you could get your oil tank filled every may so at least half your home heating oil was bought at market lows.
The utilities can and do contract GAS for future delivery and lock in 360-180 before needing the NG but they go to rates boards with the market spot price when it is beneficial to them. The lie is exposed when you look at a utilities balance sheet and see investment income. Generation and Commidity costs get pushed onto the consumer.
There are a few companies who do allow you to lock in rates and they use the market to offset calendar risks. If you are really concerned about a 200 buck higher bill 4 times a year, I highly sugest you do some shopping or learn how to buy commidity instruments.
The other solution is to buy shares of your local utility with 200 bucks you have 8 times month because your furnace isnt keeping you alive. After a few years, the dividends will pay for your utility bills.
I use to keep the thermostat and uncomfortable levels per the season.. Now I use the utilities companies dividend to pay the bill. As long as your utility company isnt in CA or NY you should be good.
Exactly. They were told what would happen if the Environmentalist got power. They voted for this!
They will just get an early jump on moving to the summer house