Archive for June, 2010

Saving Energy on Water Heating

Tuesday, June 15th, 2010

You can reduce your water heating costs by simply lowering the thermostat setting on your water heater. A 60ºF reduction in water temperature can save over 50% in energy costs.

Most households only require 120ºF to 125ºF water for dish-washing, laundry and showering. These temperatures also destroy any bacteria within the water. Water heated at 130ºF to 180ºF poses a safety hazard—scalding.  Every gallon of water heated to 180ºF must be mixed with 0.86 gallons of water at 50ºF to achieve a mixed temperature of 110ºF.  Why heat water up only to dilute it with cold water later?

For more information, see our report: Saving Energy on Water Heating



GoldKey Processing, Inc.

Tuesday, June 1st, 2010

GoldKey Processing, Inc.

Middlefield, Ohio

Natural Gas Prices

Tuesday, June 1st, 2010

The New York Mercantile Exchange (NYMEX) month-end settlement price for May was $4.155 per mcf, down from $4.271 at the end of April.  This means that Dominion East Ohio’s (DEO) Standard Choice Offer (SCO) rate will be $5.355 per mcf for the month beginning on June 16.

Based on the most recent information on the PUCO’s Apples to Apples website, marketers are not offering one-year fixed rate contracts for less than $7.30 per mcf.  At this time, we recommend staying with DEO’s variable SCO rate if you have not locked in with another supplier.