Yesterday, Shell Energy North America announced that they have officially signed an agreement to purchase MP2 Energy LLC. The signed agreement is only the first step in the acquisition process, as the agreement still needs to be approved by regulators. This approval process is expected to wrap up before the last few months of 2017. According to a recent press release published by Cision PR Newswire, Glenn Wright, Vice President of Shell Energy North America provided the following statement: “We are proud to bring MP2 into the Shell Energy North America family,” he said. “MP2 has established itself as a significant...
Following a warning from the FBI last month that Russian hackers were attacking the US power grid, Energy Services Group (ESG) has been knocked offline for the second time in recent months. As of this writing, ESG’s systems remain offline to scores of brokers, suppliers, and utilities in Texas that rely on them every single day.  ESG has yet to release many details in regards to the continued outage, but it has stated that it will be down until “further notice.” ESG not only strongly supports and impacts Texas’ energy operations, but dozens of other states, provinces, and prefectures,...

When you receive your electricity bill at the end of the month, you will see many different charges included. One charge that tends to trip people up more often than not is something called capacity charges. You might not know this but capacity charges can appear as the “second highest cost-per-kwh on your bill“– after generation. In order to help clarify this term and what exactly it means for your pocket book, we’ve pulled together everything you need to know about this particular charge. What are Capacity Charges? Capacity Charges are based on the highest amount of energy you...
When you receive your electricity bill at the end of the month, you will see many different charges included. One charge that tends to trip people up more often than not is something called capacity charges. You might not know this but capacity charges can appear as the “second highest cost-per-kwh on your bill“– after generation. In order to help clarify this term and what exactly it means for your pocket book, we’ve pulled together everything you need to know about this particular charge. What are Capacity Charges? Capacity Charges are based on the highest amount of energy you...
Along with its sizeable population, the city also maintains one of the higher electricity usage levels in Texas and averages 1,400 kWh worth of consumption per month, exceeding the national average by around 500 kWh. In addition, residents pay an average monthly electricity bill of over $130, once again topping the US average. This makes the ability to select from various service providers important, as it presents an opportunity for the people to cut back on the expenses they incur each and every month.
About 14 years ago, Texas deregulation laws initiated competition for electric companies. In Fort Worth, people in the community can pick a retail electric provider (REP), but not all renters, business owners and homeowners in Texas have this option. If consumers own a business, live or rent in the city, they can decide amongst Fort Worth electric rates in their ZIP code.
×