The price of natural gas in North America is governed by supply and demand. Supply and demand are affected by weather, urban expansion, environmental policies, and geopolitics. Today, demand is outpacing supply by about 2% per year.
Weather - cold winters increase demand, hot summers increase electricity usage - often generated by natural gas - and natural disasters can affect production of supply.
Urban Expansion - as population and the economy grows, so does the demand for natural gas.
Environmental Policies - natural gas is cleaner in comparison to most fossil fuels and is increasingly the choice for electricity generation.
Geopolitics - instability in oil and gas producing zones can affect supply and consumer confidence.
Similar to fixing your mortgage rate, fixing your energy costs allows for future planning and security and protects you from the volatility inherent in the natural gas market.
Nothing changes! As they have done for decades, your utility will continue to provide reliable billing, delivery and service. After enrolling, Wholesale Energy Group will simply appear on your utility bill with your price protection rate.
Wholesale Energy Group is an energy supplier committed to relieving consumers ever increasing energy costs through price protection programs. We are partners with SemGroup L.P., ranked as America's fifth largest private company in 2006 with over $20 billion in revenue.
No, Wholesale Energy Group is an independent company that is not affiliated with any Local Distribution Company (LDC), Enbridge Gas, Terasen, or Union Gas.
(Ontario Residents) You may cancel this Agreement at any time from the date of signing this Agreement with WEG until 10 days after receiving a written copy of the Agreement.
(B.C. Residents) You may cancel this agreement within 10 days of WEG enrolling your application with Terasen Gas.
