http://www.themonitor.com/articles/electricity_15466___article.html/texas_prices.html
My dad and brother went to a 2 year fixed contract at 16.2 basically right before the height of the bubble in natural gas prices.
You can now get a 6 month contract thru Stream at around 13 cents.
Here's a natural gas chart:
http://www.nymex.com/ng_fut_condet.aspx?product=NG&month=Sep&cmonth=U&year=8&currPrev=C
Craaaazy.
quote:
"South Texas doesn't generate a lot of its own electricity," Garza said. "It's coming from further up the state. That's a long way to move power, but it's got to be done."
But this time, the price volatility was so extreme that on May 20 the wholesale price of electricity in South Texas more than quadrupled from the day before.
quote:
The prices for natural gas - the fuel that provides about 65 percent of Texas' generation capacity - have gone up this year. In fact, prices peaked at about $13.50 per thousand cubic feet at the end of June - up from about $7.50 at the beginning of the year.
But throughout July those prices plummeted, hitting about $9.25 last week - still nearly 20 percent higher than in January.
My dad and brother went to a 2 year fixed contract at 16.2 basically right before the height of the bubble in natural gas prices.
You can now get a 6 month contract thru Stream at around 13 cents.
Here's a natural gas chart:
http://www.nymex.com/ng_fut_condet.aspx?product=NG&month=Sep&cmonth=U&year=8&currPrev=C
Craaaazy.
