Physical gas spot prices saw some volatility, particularly in the Northeast due to cold weather events and a few incidents of supply constraints. Boston’s Algonquin Citygate decreased $7.85 (-69%) to $3.53/MMBtu on Wednesday, January 23, 2019. Prior to the holiday weekend, prices had spiked up to $13.56/MMBtu on Friday in anticipation of temperature drops over the weekend.
Potomac Edison (POTED) has filed new General Service (G Type II) rates with the Maryland PSC for the June 1, 2019 – September 30, 2019 price period. The new General Service Type II Energy Charge for the March 1, 2019 – May 31, 2019 would decrease 13.5% to $0.09182/kWh for First Block (0 -700 kWh) and $0.04252/kWh for Second Block (>700 kWh). The Capacity Charge for this rate class and price period would decrease to $6.97 per kW >7.5.
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