
While the energy market is global by nature, the deregulation of this market in the United States is very fragmented. There are states which do not permit any leeway and the local public utility is the only source for providing energy. Others pose some limitations and eligibility is based on volume, type of use or some other criteria. In all states, deregulation is on a utility-by-utility basis, and the rules of the game may be completely different from one utility to another.
In Northern Illinois, for example, customers are allowed to inject gas into storage during the summer months and withdraw during the winter. But the total storage amount and the limitation on monthly injections and withdrawal vary greatly between the utilities serving that region, and by the various rates and riders in each utility. These variations have a drastic impact on the total cost of energy.
Because this is an esoteric area for many clients, and many of them lack a comprehensive knowledge of all the rules, suppliers can easily take advantage of their customers. Consequently, Prospect Resources is committed to providing each client with a detailed analysis of various options available and, together with the client, establishing a customized strategy that will allow clients to maximize the benefits from the complex rules and regulations.
PRI has vast experience in this area, and is known for its relentless pursuit of the best for its clients
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contact us today to see how we can help you to better manage your natural gas purchases in this volatile market.