Weather is just one of the many factors that contribute to the ebb and flow of the power and gas markets. Last winter the United States experienced record temperatures during one of the coldest winters since 1981. The frigid temperatures brought about by the Polar Vortex drove natural gas consumption to record levels.
Increased natural gas demand led to low gas storage levels, and this shortage in storage contributed to increased prices for the remainder of 2014 and for the calendar year 2015. The effects of the Polar Vortex presented an unwelcome lesson to small businesses that had not fixed their gas or power rates. Business owners quickly realized the importance of price-risk management, planning for the unexpected, and the impact of energy market volatility on their bottom line.
This year is already showing similar patterns. The early arrival of below-normal temperatures has driven gas prices up, and as we learned last year, there is no limit to how high gas prices can go. That’s why it’s important for small businesses to understand that not all energy suppliers are the same and an energy supplier’s stability matters, especially during instances of market volatility. Constellation’s business model is designed to ensure long-term stability and to withstand the effects of short-term energy price volatility. The bottom line: we are committed to helping our customers protect their businesses by offering long-term, fixed rates.
Remember, as we approach the winter season, cold temperatures can increase market volatility, which can impact your business’s bottom line. Protect your business by choosing a stable energy supplier that is committed to serving your business through market volatility.
Here is Constellation’s commitment to our small business customers:
Provide your zip code and/or promo code below to compare rates in your area:
Connected homes are the wave of the future, and automated home security systems are no exception. In terms of home monitoring or deterring crime, combining home automation and security is the way to go: you can program, monitor and control your security system remotely or by using an in-home dashboard.
Understanding Energy Tax Credits As a small business owner, your mind is likely consumed with the day-to-day operations involved in turning a profit. Looking to the future is definitely part of that, but sometimes we forget to manage parts of business that don’t affect the immediate cash flow or bottom line.
New year, new business insights. Here at Constellation, we hope that 2017 has been great for your small business, and that our small business resources helped aid that greatness!