Protect yourself from future Heat/Freeze extremes and Rate spikes!

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Energy News

Latest Energy News

U.S. Wind Reaches new Record

U.S. Wind Generated Electricity has surpassed Coal and Nuclear for the first time in a single 24 hour period.

Yahoo News Article

Liquefied Natural Gas Exports reaches new Highs

U.S. Liquefied Natural Gas Exports reach new Highs in 2021. 

Additionally, with the war in Ukraine in 2022, and the need for Europe to reduce its supply of Russian Gas, the US has a unique opportunity to step in.

US Energy Information Administration Update

US Renewable energy on the move

Renewable Energy Provided 24% Of US Electricity In December

Find out more

National1 in the News

Engie - National1 Sponsor Nepalese Chamber of Commerce

Engie and National1 have partnered for several years in sponsoring and supporting the US Nepalese Chamber of Commerce. Our most Sincere thanks to the Nepalese Business community for its long standing trust in National1 and Engie.

US Electricity Prices over Time

The Value of Locking In Long Term Rates

Energy Rates do fluctuate, but historically trend up. It can be a risky proposition to try and time the market, while securing long rates at the right time is a lot better and safer strategy. 

Saving over the long term and avoiding Rate spikes is a lot easier than looking for instant savings and high risks. 

Contact us to secure your long term supply and protect your bills from a rising rates environment. 

We can help you with key insights on what's going on and when to act.  

Download PDF

Spring 2021 Texas Freeze, Event Risks and Consequences

What Happened...

      

  • In February 2021, The Electric Reliability   Council of Texas (ERCOT) experienced the worst generation-related outages in   its history after a statewide cold snap and winter storm led to frozen   equipment at power plants of all types and a natural gas system that could   not deliver adequate fuel supplies where needed which caused even more power   plants to shut down. More than 40,000 MW of generation in Texas went offline.
  • Millions of Texas customers went without power   for days as “rotating outages” were not able to be shifted to other sections   of the grid since transmission and distribution utilities were required to   keep power flowing to critical facilities such as hospitals and local   shelters.
  •  Prices in ERCOT were pushed   to $9,000/MWH as suppliers and generators raced to meet demand from scarcely   available sources. This led to some residential and business customers,   particularly those who were not on contract or had enrolled Variable Index   rate plans, as well as many underprepared retail energy suppliers, to face   huge bills for power consumed during the emergency period. 
  • While the vast majority of Texas consumers and   businesses are locked in on prices that are not directly tethered to the   wholesale market, the storm event risked the continued operation of several   independent retailers who did not have financial ties to the generators   charging those emergency rates or were inadequately protected financially   (“hedged”) against such a large and prolonged emergency pricing period. 
  • The long term impact of this event is still to   be determined, but the experience emphasizes the importance of choosing a   reputable supplier and locking in long term Fixed rate price protection for   your home and business. National1 Energy is here to help you manage that   operational risk in the most effective manner possible by guiding on a   supplier choice that has a customized rate and contracts specifically   tailored for your business with high quality, financially secure retail   suppliers who compete to win your business.

Press Articles

Big Freeze in Texas

The Big Freeze, what happened, what happens next, and future advice

Texas Regulators Reject Proposal
Energy Retailer with Deep Losses. Choose Provider Wisely
Push for Change
Texas Power Crisis Deepens
Fixed Rates are key
Energy Providers Default
How to Protect our Future Supply
The Texas Freeze and Nature are Linked

Energy Fixed vs Variable Rates

Some Customers try to time the Energy Markets with short term or instant pricing while most secure their rates long terms... The best investors in the world are not Day Traders, and the same applies to to Energy Markets...

Pros and Cons

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