What is Capacity? Capacity is the maximum output that a generating facility can produce. It is used by Independent System Operators (ISOs) as a barometer to effectively determine their region’s future supply capabilities. Essentially, ISONE helps facilitate the flow of payments from suppliers (buyers) of electricity to the generating facilities (sellers). Each of your utility [...]
The New England region has seen some historically low Real-Time electricity prices in 2020 so far this year. Prices in January, February and March benefitted from a mild Winter as a result of low natural gas prices generators paid to produce electricity. Covid-19 has had some very profound affects throughout the world, including on energy [...]
For many years, the choice between low energy costs and reducing carbon footprint has created a dilemma for New England businesses. In Maine, commercial users no longer need to choose between the two. Through virtual net energy billing, businesses can instead reduce energy costs while supporting the growth of renewable solar power in their home [...]
Is your company buying its’ pens, paper, and staplers through a buying group? It’s a great way to get lower rates by purchasing in bulk. However, is your organization buying its energy supply through a buying group? Perhaps the chief fallacy in the world of electricity and natural gas procurement is that joining a consortium [...]
By Dan Cwalinski, Director of Contracts and Pricing Following a two-year delay, PJM Interconnection held the 2022/2023 Base Residual Auction (BRA) from May 19, 2021 through May 25, 2021 and published the results on June 2, 2021. The 2022/2023 BRA is the third auction where PJM has procured 100% Capacity Performance Resources, which, according to PJM, [...]
By Sean Devine, Director of Natural Gas Sales Inflation is something impacting all goods across the globe and especially commodities. For the first time since 2008, the United States recorded an inflation rate of 4.2% for the last 12 months ending April 2021. An increase of 2.6% is something we are feeling at the grocery store, [...]
By Carol Anne Watts, Director of Energy Sales In today’s market, choosing an energy partner can be a daunting task. There are countless options, price points, and product offerings that make the decision seem impossible to quantify. For this reason, many businesses and municipal entities have opted to work with an Energy Advisory firm like Freedom [...]
The community solar model has been successful across many states looking to rapidly increase their local renewable energy presence. Unlike traditional approaches to solar development, community solar is best known for improving access to clean solar energy, reducing end user cost, increasing system resiliency, and injecting significant investment into local economies. While initially intended for [...]
By Dan Cwalinski, Director of Contracts and Pricing Whereas 2020 saw significant demand destruction and reduction in commodity pricing across the country, the story has been quite different in 2021. Since the start of 2021, we have seen energy markets begin to recover, slowly at first and then picking up steam as vaccinations started to become [...]
By Carol Anne Watts, Director of Energy Sales Are you disappointed with renewal rates? If your energy contract is expiring in 2021/2022 you have likely been surprised with the rates being presented to you. Since April 2021, future markets have been quickly increasing with little sign of relief in the near term, thus making most customers [...]
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