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Welcome Sumeeta Sankar to the Stanwich team!

January 31, 2019

The Stanwich team is growing! Please welcome Sumeeta Sankar to our Operations division. Sumeeta will be helping to expand our reporting capabilities and improve the efficiency of our support services.

Sumeeta comes to Stanwich with three years of experience with energy supply companies as an analyst. She completed her undergraduate degree at Colgate University, and is currently pursuing her Master’s degree in Finance at Harvard University.

Sumeeta was born in the Caribbean and now lives in The Bronx, NY. She loves to travel (13 countries and counting!) and has studied renewable energy in Norway.

Welcome Sumeeta Sankar to the Stanwich team!

January 31, 2019 The Stanwich team is growing! Please welcome Sumeeta Sankar to our Operations division. Sumeeta will be helping to expand our reporting capabilities and improve the efficiency of.

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As the Northeast braces for frigid temperatures, what can be expected of energy pricing?

January 17, 2019

After a mild start to the winter, the Northeast is bracing for an intense week of cold temperatures. Much of the Northeast is expected to see consistent temperatures in the single digits, with a wind-chill making the outside temperature feel like it is well into the negative digits.

How might this affect the power markets?

Based on historical data, we can likely expect to see some spikes in the costs of wholesale electricity during cold weather. See the chart below highlighting the correlation between weather and electricity pricing from the 2017-2018 winter.

As seen above, electricity wholesale prices typically rise with cold temperatures and then decline when the weather warms up.

While energy wholesale pricing is a complex market with many driving factors, our experts at Stanwich have found certain trends that seem to prove themselves true time and again. Cold weather during the winter is just one of many factors that we look at before advising our clients to lock into an energy contract.

Please contact us to find out if your building could be using data and market insights to purchase power intelligently.

 

As the Northeast braces for frigid temperatures, what can be expected of energy pricing?

January 17, 2019 After a mild start to the winter, the Northeast is bracing for an intense week of cold temperatures. Much of the Northeast is expected to see consistent.

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