This is Your Chance! The Beacon. 11/9/2020

The Headline:   A big price drop over the next few months means it’s time to lock in your electricity and natural gas rates.  

The Bottom Line:    Natural gas prices dropped sharply last week, which drives electricity prices lower, as well.   There are still very low numbers of drilling rigs out in the field, however – roughly 40% of pre-COVID numbers.   This is making the market worry about how much gas we will have in storage next spring – when storage levels are low, prices get high.   We are recommending that all of our clients get rates locked in as soon as possible.    

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