Electricity
Solar Energy 101
The sun emits enough sunlight in an hour and a half to meet the world’s energy needs for an entire year.
November 21, 2023
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Whole Energy Health
Energy News
ISO New England Fuel Security Program – Mystic Cost of Service
In 2018 ISO New England announced plans for two new ancillary charges, Mystic Cost of Service & ISO-NE Winter Reliability.
September 29, 2023
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Electricity Price Components
What is Natural Gas?
The image above may be the first thing that comes to mind when your hear natural gas but the process of finding, extracting and producing natural gas is much more complex than just turning on your stove. Natural gas is primarily made up of methane, a compound with one carbon atom and four hydrogen atoms.
September 20, 2023
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Electricity
Drivers of Wholesale Electricity Prices
In general, the two main drivers of wholesale electricity prices in New England are the cost of fuel used to produce electricity and consumer demand. Power Plant Fuel: Natural gas dominates electricity generation in New England, accounting for 52% of total power production in 2022. This reliance on natural gas makes wholesale electricity prices closely
September 8, 2023
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Energy 101
The Evolving Energy Landscape – The Future of Renewable Energy
The United States is undergoing a shift in its electricity generation, commonly referred to as the “grid mix.” To put it in perspective, there has been a 68% decline in coal-fired generation from 2010 to 2020. In New York City, a large effort is underway to harness clean energy solutions with ambitious sustainability goals. NYC
August 18, 2023
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Capacity
Peak Day Management – A Success Story
If you live in the Northeast, you’ve certainly experienced a summer heatwave. On these days, commercial and residential buildings all have their air conditioning units on high. This increases the amount of usage and demand for electricity on the grid. When these heatwaves sustain for multiple days, the grid eventually reaches its highest amount of
August 11, 2023
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Electricity
Energy 101: The Flow of Electricity
The process of flipping a light switch involves a complex energy system that ensures electricity reaches its intended destination reliably and safely. Electricity flows from the point of generation through the grid and eventually reaches buildings when devices are turned on. This system has been developed over many years to prevent surges or accidents. Understanding
July 14, 2023
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Capacity
Managing Capacity Costs this Summer
Summer is officially here and with that comes heat and more electricity usage for your business. Did you know that curtailing your usage on certain summer days, for only a couple of hours can reduce your annual energy spend? – That is why it is very important to look at when your energy is used.
June 23, 2023
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Energy 101
Energy 101: Why Work with an Energy Advisor?
At Best Practice Energy our Energy Advisors are your first point in contact for the energy procurement journey. The Energy Advisor’s role is to help you manage market timing, product structure, purchasing and more. You’ll see many advantages when working with a trusted Energy Advisor. Market Timing Energy Markets are volatile for a
May 3, 2023
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Energy 101
Who is Best Practice Energy? [Video]
Who is Best Practice Energy? How can we transform the way you buy and manage energy? Watch this video to find out!
June 25, 2021
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