Ecova
Ecova
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  • MARKET COMMENTARY | For Week Ending 11/17 Natural gas retreats despite first storage draw of the season. MONDAY 11/13 Natural gas slipped 4.6 cents late in the trading session to close at $3.167 per MMBtu after updated weather forecasts showed abovenormal temperatures expanding to cover the western half of the nation. OPEC revealed crude output slipped... The post Weekly Energy Market Watch | Nove...

Ecova
Ecova
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  • The holidays are coming, and retailers are dreaming of a green Christmas. The National Retail Federation expects sales to increase by 3.6% to 4% in 2017. Even with the growth in online sales, this is still the busiest time of year for brick-and-mortar stores. With an increase in sales and traffic numbers, it means that... The post Face and Overcome the Challenges of the Holiday Season appeared fir...

Ecova
Ecova
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  • MARKET COMMENTARY | For Week Ending 11/10 Natural gas rises as Arctic air descends on the Midwest and Northeast MONDAY 11/6 Natural gas soared 15.0 cents to $3.134 per MMBtu to start the week as forecasts for cooler temperatures across much of the eastern half of the country would likely spur heating demand by late-week. Crude... The post Weekly Energy Market Watch | November 13, 2017 appeared fir...

Ecova
Ecova
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  • As we approach the end of the year and the start of meteorological winter, there are elements to be aware of in the natural gas market. Supply and demand fundamentals have continued to rebalance throughout the year. However, wholesale natural gas prices have mostly moved into a holding pattern since June as production began to... The post Prepare Your Procurement Strategy for These Major Energy Ma...

Ecova
Ecova
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  • MARKET COMMENTARY | For Week Ending 11/3 Natural gas rebounds late-week on supportive temperature outlook. MONDAY 10/30 Meteorologists called for abovenormal temperatures to cover the major consuming regions in the East in the coming week. Even so, the new prompt December NYMEX natural gas contract inched 0.2 cents higher to $2.966 per MMBtu. Crude oil climbed... The post Weekly Energy Market Watc...

Ecova
Ecova
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  • Before moving my family from Paris to Boston last summer, I was curious about the different attitudes on climate change that I might encounter in the United States—especially given the planned withdrawal from the Paris Climate Accord and the E.P.A.’s proposed repeal of the Clean Power Plan. Like many in our industry, I questioned the... The post Are Businesses Serious About Sustainability? Top Com...

Ecova
Ecova
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  • MARKET COMMENTARY | For Week Ending 10/20 Natural gas continues to trade in a narrow range week-over-week. MONDAY 10/16 Natural gas backed away from upside resistance around the 20-day simple moving average as the weather forecast continued to point to weaker heating demand in the coming week. The November NYMEX contract settled 5.4 cents lower at... The post Weekly Energy Market Watch | October 2...

Ecova
Ecova
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  • MARKET COMMENTARY | For Week Ending 10/13 Natural gas rebounds after sliding to a two-month low. MONDAY 10/9 Natural gas moved 3.0 cents lower to $2.833 per MMBtu as weather forecasts continued to call for mild fall temperatures to stretch into the last week of October. Crude oil ended the session marginally higher after the previous... The post Weekly Energy Market Watch | October 16, 2017 appear...

Ecova
Ecova
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  • It’s common knowledge in the energy industry that small- and medium-sized businesses (SMBs) have historically low rates of participation in utility initiatives. While SMBs represent 90 percent of a typical utility’s commercial customer base and consume 40-50 percent of commercial energy, fewer than two percent are enrolled in their utility’s energy efficiency program. Finding ways... The post Brea...

Ecova
Ecova
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  • Throughout 2017, we’ve seen the natural gas supply and demand balance continue to tighten. Natural gas production slowly climbed from 2016’s low, while demand for the fuel remained strong. Wholesale natural gas prices eventually steadied mid-year and have been trading in a narrow range since. As winter approaches, though, colder weather could increase the market’s... The post What the Shifting Nat...

Ecova
Ecova
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  • MARKET COMMENTARY | For Week Ending 10/6 Natural gas softens amid mild temperature forecast. MONDAY 10/2 Natural gas moved closer to downside support levels as temperatures were expected to moderate in the week ahead. The November NYMEX contract closed 9.1 cents lower at $2.916 per MMBtu. Crude oil was in retreat after data showed output from... The post Weekly Energy Market Watch | October 9, 201...

Ecova
Ecova
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  • The importance of customer satisfaction is nothing new to the utility industry. We all understand intuitively that the happier customers are, the more likely they are to participate in programs and drive company success. And utilities have taken this issue seriously in recent years—resulting in the sixth consecutive year of improved satisfaction with residential electric... The post Is Employee En...

Ecova
Ecova
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  • MARKET COMMENTARY | For Week Ending 9/29 Natural gas struggles to find direction during the week. MONDAY 9/25 Natural gas moved toward the lower range of its recent trading channel as mostly normal temperatures were forecast for the eastern half of the country and would likely limit excessive demand. As a result, the October NYMEX... The post Weekly Energy Market Watch | October 2, 2017 appeared f...

Ecova
Ecova
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  • This full article was published in Electric Light & Power. As utilities develop their demand side management and customer solution strategies, they face a host of challenges ranging from new business models to competition for customer dollars and mindshare. Emerging connected devices and technologies can be part of the solution, giving utilities a platform to... The post The Next Nest: Embracing t...

Ecova
Ecova
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  • MARKET COMMENTARY | For Week Ending 9/22 Natural gas retreats on larger-than-expected storage build. MONDAY 9/18 Natural gas made another run at upside resistance as traders keyed on the supportive weather forecast, which stretched to the end of the month. By day’s end, the cost of gas jumped 12.2 cents to $3.146 per MMBtu. Crude... The post Weekly Energy Market Watch | September 25, 2017 appeared...

Ecova
Ecova
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  • Energy sourcing on an international scale represents a daunting endeavor fraught with complex regulatory, environmental, and socio-political issues. Making informed, strategic decisions in the complex global energy market while meeting budgetary goals and concerns can be a real challenge, even for the most seasoned energy sourcing professionals.  The amount of information needed to ensure the... T...

Ecova
Ecova
Blog Post
  • MARKET COMMENTARY | For Week Ending 9/15 Natural gas rebounds on supportive weather forecast. MONDAY 9/11 Natural gas climbed 6.0 cents to $2.950 per MMBtu as weekend weather updates favored warmer temperatures for the major consuming regions in the East into the last week of the month. Crude oil gained 59 cents before closing at... The post Weekly Energy Market Watch | September 18, 2017 appeared...

Ecova
Ecova
Blog Post
  • I am thrilled and honored to introduce myself to you all as Ecova’s new President and CEO—and to share my excitement about joining the company at this crucial juncture in the energy revolution. Following in the footsteps of Jana Schmidt, I look forward to drawing on my experience with Ecova’s parent company ENGIE to support... The post Why I’m Joining Ecova: A Message from Ecova’s New CEO appeared...

Ecova
Ecova
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  • MARKET COMMENTARY | For Week Ending 9/8 Natural gas slides on demand destruction from Hurricane Irma. MONDAY 9/4 Markets were closed in observance of the Labor Day holiday. TUESDAY 9/5 Natural gas gave back some the prior week’s gains with pressure coming from a bearish short-term temperature outlook and as the threat of production disruption... The post Weekly Energy Market Watch | September 11, ...

Ecova
Ecova
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  • MARKET COMMENTARY | For Week Ending 9/1 Natural gas climbs as traders focus on Harvey impacts and sliding surplus. MONDAY 8/28 Natural gas edged 3.3 cents higher to $2.925 per MMBtu as traders weighed the production losses from Hurricane Harvey against the demand destruction in the southeast Texas region. Crude oil, however, dove $1.30 lower... The post Weekly Energy Market Watch | September 5, 20...

Ecova
Ecova
Blog Post
  • For finance leaders of multi-site, geographically disperse organizations, managing utility payables – both in terms of processing and paying them on time and capturing the rich data from within them, can be challenging and costly. With utility costs coming in as a top 5 expense for many companies, reducing these costs is a top priority... The post Why Finance, Energy and Facility Professionals Sho...

Ecova
Ecova
Blog Post
  • As a leader in the energy industry, the environment has always been one of the four key pillars of Ecova’s commitment to corporate responsibility—both because it’s the right thing to do and because it’s good for our business. As we continue to integrate corporate responsibility into our daily processes and activities, finding new ways to... The post Healthy Planet, Healthy Business: Ecova’s Unwave...

Ecova
Ecova
Blog Post
  • MARKET COMMENTARY | For Week Ending 8/11 Natural gas presses higher as storage surplus narrows. MONDAY 8/7 Natural gas rebounded toward previous support levels even as the weather forecast called for below-normal temperatures to cover much of the nation into mid-August. By day’s end, the September contract climbed 3.0 cents higher to $2.801 per MMBtu.... The post Weekly Energy Market Watch | Augus...

Ecova
Ecova
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  • MARKET COMMENTARY | For Week Ending 8/4 Bearish weather forecast tugs natural gas lower. MONDAY 7/31 Natural gas came under renewed selling pressure after weather updates over the weekend favored mild temperature trends into the second week of August. By day’s end, the September NYMEX contract fell 14.7 cents to $2.794 per MMBtu. Crude oil... The post Weekly Energy Market Watch | August 7, 2017 ap...

Ecova
Ecova
Blog Post
  • Where does energy fall within your facilities budget? For many multi-site companies, it’s one of the largest, and most predictable operating expenses. Fortunately, building systems, emerging technologies, and smart data can be the resources you need to truly manage energy consumption across your portfolio—and drive significant and sustainable savings. As companies continue to invest in... The post...

Ecova
Ecova
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  • Ecova knows that acting as a good corporate citizen requires us to think critically about the numerous ways our business impacts the world around us. Because of this, we’ve built our corporate responsibility strategy around four key areas: employees, clients, community and environment. Setting and tracking annual goals in each category contributes to the health... The post People Are Our Power app...

Ecova
Ecova
Blog Post
  • MARKET COMMENTARY | For Week Ending 7/28 Cooler temperature outlook weighs on the natural gas market. MONDAY 7/24 Natural gas fell to lower support levels after bearish weekend weather forecasts zapped expectations for increased cooling demand in the eastern half of the country. The August contract settled 7.1 cents lower at $2.899 per MMBtu. Crude... The post Weekly Energy Market Watch | July 31,...

Ecova
Ecova
Blog Post
  • Businesses with multiple locations understand the challenges of employee engagement. They also understand the challenges of managing resources, from energy and water use, to generating a large volume of waste. With eight office locations throughout the United States and the United Kingdom—plus multiple small and remote offices—Ecova is no different. One way we are breaking... The post Walking Our ...

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