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Natural Gas Prices on the Rise in Connecticut

A recent article posted on Hartford Business.com warned that extended cold weather was natural gas supply issues in Connecticut, leading to a near-tripling in prices for the state and surrounding areas!

As we noted back in December in our piece, “Procuring Natural Gas at the Best Price,” there are a variety of ways to protect against price shocks in the natural gas market, including fixed price contracts, indexed aggressive contacts, and floating pricing. As production of domestic natural gas reaches levels unseen in U.S. history, more and more companies are realizing the impact their energy decisions have on their bottom line, while unseen levels of cold are making many realize how vulnerable their cash-flow levels are in the face of energy prices.

ETTER Engineering has decades of experience working with natural gas. Through our ETTER Energy division, we can help your company navigate the complex decisions surrounding energy strategy and procurement. Give us a call today at 800-444-1962 to talk more about your energy strategy!