Volume 14, Issue 27 July 31, 2017
In this Issue
Use Data to Achieve Sustainability Goals and Manage Energy Consumption
Editor's Note
Prices Down Slightly
Natural Gas Fundamentals
Natural Gas Storage Update
Rig Count for Natural Gas
NYMEX Natural Gas Monthly Settlements for the Past 12 Months
NYMEX Values per Month for the Forward 12 Months
NYMEX Graph for Natural Gas - 12 Month Average Price per Therm at the Louisiana Well-Head
PJM Electricity
PJM Graph for Electricity - 12 Month Average Peak Power Price
Weather
Local Cooling Degree Days*
Our Wind Power Partners

Visit here for a full list of WGL Energy Wind Power Partners.

 
To find out more about a green power purchase for your organization,
call 703-333-3900, or visit wglenergy.com/commercialgreen

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For more information, contact your WGL Energy business development manager or lgc@wglenergy.com.
Use Data to Achieve Sustainability Goals and Manage Energy Consumption
Energy Management Platform empowers you with insights and recommendations for your business

 

Energy consumption can represent a large portion of a commercial property’s operating expenditures budget. Understanding your property’s energy usage can help reduce energy consumption and operating expenses, as well as help your organization to achieve its sustainability goals. Access to energy and cost data offers insight into usage over time, the ability to compare operating costs for several properties and allows you to track savings related to conservation efforts. 

If you’re managing multiple properties, energy and cost data can help you identify properties with excessive consumption or costs, such as high energy intensity or increases in utility consumption over time. With this kind of insight, your organization can strategically allocate efforts and monies targeting energy efficiency. 

Weather directly impacts energy consumption and costs; understanding the correlation can help you reduce your future electricity costs. WGL Energy Services (WGL Energy) releases electricity use reduction recommendations to commercial and government customers in an attempt to alert customers of potential peak load periods. High temperatures can impact the cost of your Capacity Peak Load Contribution (PLC). Your PLC can influence 10-30% of your electricity bill, so by lowering your PLC this summer, you can reduce your PLC and overall electricity costs next summer.

Energy data and analytics are key to effective energy management. WGL Energy wants to assist you in successfully managing energy for your organization, so we offer the online Energy Management Platform (EMP) at no cost to our government, commercial and industrial customers.

The EMP includes the following features:

  • A central dashboard with cost and usage performance views by site and account
  • Monthly commodity usage and spend over time
  • Carbon calculator for electricity and natural gas usage
  • Energy efficiency recommendations customized to your properties • Benchmarking and reporting
  • Automated data exchange with ENERGY STAR Portfolio Manager®
  • Actual vs. budgeted cost monitoring
  • Automated download of full bill utility cost data
  • Weather impact data

Managing energy consumption is important to the success of your business. A March 2017 Deloitte study on energy management found that over 80 percent of businesses viewed the reduction of electricity consumption as an essential means to remaining competitive. The same study also revealed that, as more businesses implement energy management programs, the motivations for implementing these programs are extending beyond cost savings to the need to reduce risk, improve resilience and increase energy portfolio diversification (i.e., with energy sourced from renewable sources).

Access the EMP today to implement your energy management program or contact us at EMP@WGLEnergy.com for assistance with your EMP login.

 

References:
Deloitte Center for Energy Solutions. Deloitte Resources 2017 Study Energy management: Sustainability and progress. (2017). Retrieved July 26, 2017, from https://www2.deloitte.com/us/en/pages/energy-and-resources/articles/residential-and-business-energy-study.html

Guild, J. (2017, May 09). How Energy Data Analytics Help Facility Managers Maximize Efficiency. Retrieved July 26, 2017, from https://www.smartresilient.com/how-energy-data-analytics-help-facility-managers-maximize-efficiency

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About WGL Energy
WGL Energy delivers a full spectrum of energy offerings, including electricity, natural gas, renewable energy, carbon reduction, distributed generation and energy efficiency provided by WGL Energy Services, Inc. and WGL Energy Systems, Inc.

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