Understand Your Energy Options

Current Energy Rates

Weekly Market Update
September 17, 2020

Natural Gas

Natural gas futures fell hard since Tuesday. October 2020 futures have fallen below $2/MMBtu multiple times today.

Today’s injection of 89 Bcf was larger than expected and added more downward momentum. Total gas in storage is now 13% ahead of the 5 year average.

Electricity

Real time power prices remain cheap, pulling the 30 day average lower. The 30 day average price is now below $20/MWh.

Power futures are down slightly from last week. The 12 month strip is down 40 cents from last week to $29.66/MWh.

12 & 24 Month NYMEX Strip

12 & 24 Month Zone A Power Strip

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