APPI Energy Outlook for 2015
As the weather turns colder, it isn't all snowmen and hot chocolate, APPI reminds us.
"Last winter’s extremely cold temperatures caused high energy costs for unprepared customers, some of whom are still feeling repercussions today," the consulting firm says in the piece posted on their website.
And the same may be coming this year. According to APPI, "Weather forecasters are predicting another cold winter in the U.S. Below-normal temperatures are expected to encompass two-thirds of the U.S., particularly the East Coast and Gulf Coast."
So APPI encourages readers to think ahead. "If extreme cold weather forecasts are accurate," the piece says, "electricity consumers should prepare for the risk of more electricity price volatility."
To plan for price fluctuations, APPI offers several recommendations:
"Energy consumers are encouraged to mitigate risk exposure to volatile energy prices by using a fixed-price supply contract as soon as possible, to cover supply through at least March 2015. Customers unwilling to commit to a one-to-three year supply contract should at least consider locking in a short-term, four-to-five month supply solution."
Interested readers can see the full piece here or contact APPI Energy at 800-520-6685 or info@appienergy.com.
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