Long term, the forecast is for upward pressure on energy prices. This will be driven by an increase in domestic demand for natural gas due to coal plant retirements and by increased natural gas exports to Asia and Europe.
What can companies do? To limit future exposure to price spikes, BLS & Co. recommends that customers in deregulated states give serious consideration to longer term energy supply agreements, such as:
Sugarloaf Associates has many years of experience negotiating energy prices on the commodity markets, and our team frequently structures and negotiates energy services agreements for clients.