As summer temperatures finally come into play, it’s an ideal time to remind members that energy prices are largely driven by weather. NOAA’s latest seasonal forecast calls for increased chances of warmer-than-average temperatures in much of the country. Texas is currently experiencing a blistering heat wave, with the potential for a new record demand of over 81,500 megawatts being set this week.
- For more on what’s happening in the markets: June 2023 Energy Advisor
- For tips on reducing energy usage: Summer Savings: Tips for Reducing Energy Usage (& Costs)
- For a recent article on ‘Understanding Your Organization’s Electric Bill’
As always, the APPI Energy team is here to assist your members as they navigate their energy management strategy, both in the short and long term. As your members who are large energy users grapple with mitigating risk on the procurement of electricity and/or natural gas, implementing energy efficiency projects, or mapping out a sustainability plan, remind them that our team can assist. The first step is a no cost, no obligation call with a member of our team.