News And Insights From SJI Energy Advisors

Use these resources to help your business gain control of its energy needs.

Operating in Multiple Locations? No Problem!

One of the challenges that companies with multiple locations face, is finding an energy consultant to partner with that has the necessary licenses and expertise in all of the states in which they operate in. Not all energy consultants are able to conduct electricity, Green Power, and natural gas procurements across all deregulated states.

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Managing the Uncertainty of Future Energy Markets

Did you know that the price of energy can change not just daily, but from hour to hour? Like many commodities, the markets for electricity, natural gas, oil, and renewable energy are complex and constantly changing.

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NITS Increases Across Numerous Utilities

Not everyone is aware of this, but retail electricity prices include many components outside of just the actual energy supply cost. In PJM, the NITS charge, or ”Network Integration Transmission Service“ are transmission rates that are regulated by the Federal Energy Regulatory Commission (FERC) and apply to all retail electricity suppliers. This includes default service suppliers. NITS rates are the mechanism by which transmission owners recover their annual transmission costs and revenue requirements from PJM network customers. It covers upgrades, maintenance, and transmission projects on the electricity transmission grid.

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About SJIEA and What We Do

About Us

SJI Energy Advisors provides energy procurement and cost reduction services to companies in the United States, Canada and Mexico.

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Electricity Price to Compare Increases in PA

In the state of Pennsylvania, utility companies adjust the supply price to compare quarterly for both residential and commercial customers. This adjustment allows utilities to pass through market increases/decreases, attempt to recoup any loses that may have occurred due to weak hedges and account for loss of revenue from those customers switching to third-party supply.

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Natural Gas Hits 2-year High but Futures Holding

They say all good things must come to an end, and that holds true even in natural gas markets. We experienced historic lows within natural gas markets from January through August 2020, in which NYMEX held between $1.50 and $1.90. The new norm took an aggressive 35% climb in only 2 short months and is holding between $2.70 and $2.90.

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Demand Response and Rebate Opportunities

Within the last year, SJI Energy Advisors began a partnership with C-Power, a demand-side energy management company, to help us provide both Demand Response and PJM Energy Efficiency Programs to our customer base. This complements our hyper-competitive electricity and natural gas procurement process that we already have in place. In the past, participating in Demand Response was perceived as “complicated”, but is now more turnkey than ever with no associated risk.

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SJI Energy Advisors Acquires EnerConnex, Expands Energy Consulting Business

SJI today announced the acquisition of EnerConnex LLC. The agreement memorializes a long-standing relationship and supports the company’s recent exit from the retail supply business, and entry into energy consulting through SJI Energy Advisors. EnerConnex is an industry-leader in energy procurement, well-known for its proprietary tool ECX Marketplace that combines best in class technology with market intelligence.

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8 Questions to Ask a Prospective Energy Broker

There are more than 2,200 energy brokers in the Mid-Atlantic Region, with varying levels of expertise and experience. So how do you identify the best one for you? Consider these eight questions to help you decide.

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9 Factors That Affect the Cost of Energy

Like many commodities, the markets for electricity, natural gas, oil, and renewable energy are complex – and constantly changing. In fact, most energy prices change hourly.

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