Understand Your Energy Options

Current Energy Rates

Weekly Market Update
December 12, 2019

Natural Gas

Natural gas futures prices continue to trend downward. January 2020 contracts have fallen over 10 cents since last week down to $2.243/MMBtu.

Today’s withdrawal of 73 Bcf was slightly smaller than anticipated and moves total gas in storage 14 Bcf behind the 5 year average.

Electricity

The 30 day average price of real time power is down over $1/MWh from last week to $25.12/MWh.

Electricity futures have plunged lower as the 12 month strip has dropped below $29/MWh. The lowest the strip has been in 2019.

12 & 24 Month NYMEX Strip

 12 & 24 Month Zone A Power Strip

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