There’s no more telling sign of winter then the first big snowstorm. When the icy air makes its way to our region and the weather reports are buzzing, it’s important to take some steps to prepare your home and/or business ahead of time.
Summer has ended and we’re officially in the cool weather of fall, preparing for winter weather. The colder months often bring higher energy bills for business owners. For many, heating your building is one of your largest expenses. According to U.S. Energy Information Administration data, commercial businesses use about 28% of the total energy consumption in the U.S.
After many years of stability and relatively low prices, the natural gas market has taken a turn towards volatility and skyrocketing rates. Consumers should be aware of these recent changes and take action to mitigate the risks associated with an unsteady, high-priced market.
National Gas Intelligence’s recent episode of their Hub and Flow podcast featured 7 contributors to the recent volatility in the natural gas market. Domestic politics, international unrest and weather conditions all play a factor in this crazy rollercoaster of a market. Here I’ll summarize the overall contributors to this volatility as laid out by National Gas Intelligence.
When we think of Texas weather, relatively warm and temperate days come to mind, even in the winter. Last month, Northern Texas reached record-breaking cold temperatures that greatly affected residents of the state. Texans experienced freezing conditions and accumulating snowfall, and many were left without power and heat. Luckily, the temperatures are back to normal now – however, not only was North Texas affected but the rest of the nation was as well. Here at UGI Energy Services (UGIES), you can be sure that in a situation like the one just seen in Texas, we would walk you through each step of resolving these issues and how it correlates to your energy bill.
The phenomenon of a “polar vortex” is something energy professionals continue to investigate. The past few years of mild weather have increased this curiosity as we prepare for the next one. A polar vortex is one of the natural occurrences that can have a direct impact on energy prices. While drastic weather shifts are something we have little control over, we can prepare by learning how they affect natural gas market rates.
Winter weather is knocking at our door, and as the temperature drops your energy consumption will rise. But by how much? There are steps you can take to make your business more energy-efficient and lower your energy bills this winter. Here are our top tips for a toasty, snuggly, and energy efficient winter season.