Electricity and natural gas prices remain at or near 5 year historical lows. In this environment, occasionally customers indicate that they would prefer to continue monitoring the market, in hopes of benefiting from even further price declines. While we understand the reticence to act now (as no one likes to be questioned by management if prices do drop), we recommend considering a dollar cost averaging approach, similar to how an equities investor might act, to capture at least a portion of today’s attractive market pricing.

Electric rates average approximately $0.11723/kWh for CLandP customers. The market is returning rates in the 9 cent range, depending on a customer’s load characteristics. This should be a good time for customers to transact.

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