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Celebrate Earth Month with Us!

Celebrate Earth Month with Us!

by | Apr 4, 2023 | Uncategorized

Happy Earth Month! 🌍🌱🌸 This April, let’s take the time to appreciate and care for our planet. Whether it’s reducing our waste, planting more trees, or supporting sustainable businesses, every little action can make a difference. Let’s work together to create a healthier and more sustainable future for ourselves and for generations to come.

While we should be caring for our mother Earth every single day, make an effort this April to show your appreciation and help make a difference. Not sure how to celebrate Earth Month? We’ve got a few ideas on ways you can show your support. Check ’em out!

  • Plant a tree.
  • Donate to an environmental cause that you care about.
  • Make an effort to cut back on household energy this month.
  • Look into energy efficiency upgrades for your business or home.
  • Organize a neighborhood clean-up.
  • Make a small lifestyle change that benefits the environment.
  • Listen to a podcast from an environmental leader or activist.

So, which one are you trying first?!

Celebrate Earth Month with Us!

Energy Markets, Key Indicators and Renewables

by | Apr 3, 2023 | Uncategorized

The EnerConnex team is constantly monitoring energy market conditions to advise our customer base accordingly. We also consider the evolving world of renewables and how they play a key part in helping your business meet its corporate sustainability goals. Below is the latest snapshot of how we are advising customers given current market conditions, what’s driving prices up/down, and how we are helping our customers with renewables.

  • How are we advising customers given current market conditions?

Energy markets – both electric and natural gas, have experienced a considerable drop from 2022’s highs.  Supply/demand fundamentals and weather have been the biggest drivers contributing to these price decreases.  Additionally, EIA’s most recent forecast of natural gas prices through 2025 show prices around current levels but with more upside risk than downside opportunity.  See chart below.

For this reason, we are advising those with near term supply contract expirations to look now at their next term contract.

  • What key indicators are driving prices up/down?

Supply/demand fundamentals, Weather and Geo-political events are big drivers to near term energy prices.  Supply is more closely aligned with current demand, weather has been relatively mild and while geo-political events are ongoing, energy prices have normalized near their longer-term averages and significantly lower than most of 2022.

  • How are we helping customers as renewable energy appetites continue to accelerate?

We like to base our customer conversations around risk appetite, available capital for investment, term of commitment and what we call the renewable energy spectrum – from RECs all the way to behind the meter renewable energy solutions.  With more information around these topics, we can tailor the best renewable solution for the customer.

For more insight and information, you can access our weekly Market Intel Reports for the latest happenings in energy markets here. Also, feel free to contact us at info@enerconnex.com to schedule time to review one of our Market Intel Reports in more depth with one of our team members.