A multi-location Christian School so far has received over $10,000.00 in refunds from their utility providers for incorrect tariffs and charges. Expense Reduction Advisors found a 4 year old billing error on their water/sewer charges. When the audit is completed…
ENERGY & UTILITIES NEWS (page 189)
Condo Association Saves $180,000
A 300 unit Condo Association was being billed for utility accounts that were not theirs, as well as incorrect charges and tariffs. Expense Reduction Advisors was also able to cut their trash removal charges by 40%. The savings as a…
U.S. average gasoline price falls below $2.00 per gallon for first time since 2009
Based on EIA’s weekly survey of gasoline prices, the U.S. average retail price for regular gasoline fell to $1.996 per gallon (gal) on January 11, falling below $2.00/gal for the first time since March 23, 2009. The U.S. average retail…
U.S. gasoline prices in 2015 were lowest since 2009
U.S. regular retail gasoline prices averaged $2.43 per gallon (gal) in 2015, 93 cents/gal (28%) less than in 2014 and the lowest annual average price since 2009. Lower crude oil prices in 2015 were the main cause for lower gasoline…
EIA expects higher wholesale U.S. natural gas prices in 2021 and 2022
In its January 2021 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts that the annual natural gas spot price at the Henry Hub will rise 0.98¢ per million British thermal units (MMBtu) to average $3.01/MMBtu in 2021.…
New U.S. power plants expected to be mostly natural gas combined-cycle and solar PV
EIA’s long-term projections show that most of the electricity generating capacity additions installed in the United States through 2050 will be natural gas combined-cycle and solar photovoltaic (PV). Onshore wind looks to be competitive in only a few regions before…
Oman’s petroleum and other liquids production reached record levels in 2016
Oman set a new record with annual total oil production in 2016 exceeding 1 million barrels per day (b/d). Oman’s petroleum and other liquids production ranks seventh among the Middle Eastern countries. Oman is the largest oil producer in the…
Crude oil and natural gas production in Texas and Oklahoma’s Anadarko Region is growing
The Anadarko Region, which was recently added to EIA’s Drilling Productivity Report (DPR), accounted for 437,000 barrels per day (b/d) of oil production and 4.9 billion cubic feet per day (Bcf/d) of natural gas production in July 2017. Production in…
Utility-scale solar has grown rapidly over the past five years
Utility-scale solar installations—including both photovoltaic (PV) and thermal technologies—grew at an average rate of 72% per year between 2010 and 2016, faster than any other generating technologies. Utility-scale solar generation now makes up about 2% of all utility-scale electric generation.…
