Energy News

March 2nd, 2015

Executive Market Summary

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Last week’s storage report came in well below market expectations. The actual withdrawal of 219 Bcf on Thursday caused the market to drop when predictions for a 239 Bcf withdrawal were not met. Two weeks ago storage surpassed the five year average for the first time since November 2013. That was short lived as we are back under the five year average by 1.5% or 30 Bcf but still remain 576 Bcf or 42.3% higher than last year’s storage number.

While weather is expected to remain cooler than normal this week, we shouldn’t see temperatures quite like the two weeks prior. The cooler temperatures have reflected on both storage withdrawals and natural gas consumption or demand for heating. US natural gas consumption remains at high levels – averaging 111.6 Bcf/day for the week ending February 20. Additionally, heating degree days (a measure of how cold a location is over a period of time relative to a base temperature, usually 65 degrees Fahrenheit) from January 1 through February 20 are about 11% more than normal.

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February 23rd, 2015

Executive Market Summary

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The widespread cold seen last week is expected to continue this week and next. As seen in the weather chart below, the eastern three fourths of the US will be cooler than normal through late February and early March.


Because of the cold, natural gas demand in the northeast hit 43.1 Bcf last Monday, the highest level in Bentek’s 10-year history. According to the EIA, this demand exceeded the previous high set during the 2014 polar vortex by 1.2 Bcf in January 2014. These demand spikes also put constraints on pipelines and led to price spikes. See chart below for regional gas prices this winter.

Regional Gas Prices

Last week’s natural gas storage withdrawal of 111 Bcf was larger than expectations of 105-109 Bcf. Storage is currently 678 Bcf above last year’s level and for the first time since November 2013, storage exceeds the five year average by 85 Bcf. This is not expected to last as early estimates for this week’s withdrawal are 240 Bcf and the following weeks report is also expected to exceed 200 Bcf. These would exceed last years and the five year average withdrawal by more than 100 Bcf (EIA, CenterPoint, Platts Gas Daily).

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February 20th, 2015

RPM Appoints a New Pricing Coordinator!

SONY DSCRapid Power Management (RPM) is excited to announce the appointment of Crystal Renyer as our new Pricing Coordinator.  Crystal joins RPM with an extensive accounting and customer satisfaction background to ensure the support and care we provide for our clients is never compromised.

“Crystal will work to get the most out of our vendors and the products they offer. She’ll also be responsible for matching our sales team’s needs with the knowledge and insight that has propelled Rapid Power Management to the front ranks of energy consulting companies in Texas,” said JD Dodson, President of RPM.

With a dedication to expanding knowledge, Crystal will use an educative approach to maximize the effectiveness of her position. She holds a BA degree in psychology from University of Texas Dallas and she and her husband participate heavily in agility competitions with their dog, Kaiser.

Please find Crystal’s contact information below:

Crystal Renyer


Phone: 469-759-1455

Fax: 972-820-0111 

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February 19th, 2015

Natural Gas Prices are Down – Take Advantage Now!

Energy markets across the board have dipped to multi-year lows over the past weeks. In fact, natural gas rates are at their lowest point since 2012 and prior to that, 2002. The main reasons for the historic levels:

  1. Low Demand – Winter blasts are hitting the Northeastern US but winter was non-existent in November and December.
  2. Supply – Natural gas production is strong from shale wells.
  3. Supply – Natural Gas storage is strong at levels higher than both last year and the 5 year average.

Click to Enlarge.


Take advantage of the opportunity to save money by locking in a future contract today! With liquefied natural gas (LNG) exports around the corner and the EPA’s plan to retire coal plants, demand for natural gas is set to increase, so how long will these low rates last?

Since you began working with Rapid Power Management, our strategy has been to let the market dictate action – not an arbitrary date in the future.  This strategy has been successful for our clients and we work toward lowering your energy costs with every action we take.

We are passionate about educating our clients to make smarter energy decisions.  Contact your energy manager today to discuss recent market developments and to secure updated pricing!

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February 16th, 2015

Executive Market Summary


On February 6, the Henry Hub spot price settled at $2.55/MMbtu – the lowest level since June 2012. Prices have since risen but are still very low. Strong production, lower than average storage withdrawals, and above normal temperatures in the west have helped contributed to this year’s low prices.

Sporadic cooler-than-average weather in the northeast has been offset by the factors listed above. Below normal temperatures in the eastern half of the country is expected through February 22, but weather, at least for now, has had a neutral effect on pricing.


The storage withdrawal came in at 160 Bcf, 6 Bcf less than market expectations. Storage sits 542 Bcf more than last year’s levels at 2,268 Bcf and has ALMOST caught up to the five year average of 2,279 Bcf. An early projection for this week’s storage withdrawal is about 110 Bcf.

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February 9th, 2015

North Texas Food Bank & IREM

Jared and Katie with Rapid Power Management are excited to be a part of the Friends of IREM program. Through membership, they are able to volunteer their time with different organizations dedicated to helping those in need. Last Wednesday morning they had the opportunity to serve at the North Texas Food Bank, an incredible organization that distributes nearly 175,000 nutritious meals every day. If you are interested in volunteering please visit the North Texas Food Bank Volunteer page by clicking here.

Packing boxes in the Food Bank's warehouse.

Packing boxes in the Food Bank’s warehouse.

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February 9th, 2015

Executive Market Summary


US natural gas storage fell 115 Bcf last report week (Thursday, February 5). Analysts were expecting up to a 118 Bcf pull, so this fell below those expectations. Storage now sits 468 Bcf or 23.9% higher than the same time last year and only 29 Bcf or 1.2% below the 5-year average.  Early expectations for this week’s withdrawal are coming in at about 170 Bcf due to the cold temperatures two weeks ago.

Above normal conditions are expected for the western two thirds of the United States and normal conditions are expected across the eastern third. The Northeast is slated to be the only region to expect below normal temperatures.

According to Aaron Calder, a senior market analyst at Gelber and Associates, the current market is being dictated by production. The current natural gas market is oversupplied by about 1 Bcf/day and production is outstripping demand (Platts Gas Daily). Temperatures will need to drop significantly below normal to spur demand and drive the market up.

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February 4th, 2015

Rapid Power Management Launches New Website.


Rapid Power Management would like stop and say ‘thank you’ to clients like you who have helped make our business successful. We’ve been in business since 2002 and many of you have been with us since we started!

We’d like to share a special occasion with you as we recently launched a website dedicated to one of our main product offerings, power factor correction.


Visit for more information on what power factor is, how it can help save you money and the few things we need to calculate it. If your company or any company you know could benefit from power factor correction, please forward this message along.

Click for a short, informational video on power factor.

Click image for a short, informational video on power factor.

Click image to hear a real customer's testimonial on power factor correction.

Click image to hear a real customer’s testimonial on power factor correction.

Thank you again – Rapid Power Management owes our ongoing achievements to the overall success of our clients!

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February 2nd, 2015

Executive Market Summary

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12 Month Strip, Friday, January 30 @ 1:15 PM:

12-Month Strip



Natural gas in storage fell by 94 Bcf to 2,543 Bcf. Storage numbers are now 14.6% or 324 Bcf above last year and 3% or 79 Bcf below the five year average. Analysts were expecting anywhere from 102 to 106 Bcf withdrawal and when the report was released the price for March natural gas futures decreased 11 cents.

New pipeline construction in the northeast will supply about 1 Bcf per day to the New York City area. This will alleviate some congestion issues there.

Cold weather returned late in January with below-normal temperatures across the eastern two thirds of the US. The cooler weather should continue until mid-February when temperatures creep back up as a result of a large warming system expected to develop.

Power burn (natural gas consumed in electric generation) has increased at record levels thus far in 2015. During the first 28 days of January, power burn was more than 6% higher than the same period in 2014 and 16% higher than the five year average. Power burn growth is strongest in Texas.

Contributing to the growth of power burn is an increased share of natural gas-fired electricity generation coupled with low natural gas prices. From January to November 2014, 66 power plant units (total capacity of 3,787 MW) retired in 19 states. The primary generation fuels for these plants were coal and petroleum liquids. While those were retiring, 300 utility scale generating units (total capacity of 9,656 MW) were brought online – a majority of which were natural gas fired units.

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January 30th, 2015

Super Bowl XLIX: Reducing Lighting Consumption by 75%

Courtesy of Ephesus Lighting

University of Phoenix Stadium in Arizona is the first NFL stadium to light its field using only light emitting diode (LED) fixtures.

The stadium retrofitted it’s 780+ metal halides with 312 LED stadium light fixtures before the 2014 season. The new fixtures use approximately 993 watts of energy each compared to the 1,589 watts each metal halide consumed. This brings a cost reduction of about 75%.

Saving money isn’t the only benefit these LEDs have on the stadium. Longer life, better illumination, less heat and instant starts are a few additional advantages LEDs have over standard lighting.

The LED lights at the University of Phoenix Stadium will illuminate the field during the Super Bowl on February 1.

LED lighting solution installed by Ephesus Lighting. See feedback by the stadium’s executives here:


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