Energy Cost Comparison
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All prices after August '09 are estimated projections.
Peregrine Energy has a dedicated staff that studies and tracks both natural gas prices and electric utility rates. The above chart reflects the relationship of natural gas pricing compared to electricity pricing over the last five years. Note that electric prices have been converted to the equivalent natural gas price based on cost per DT for comparison purposes. The electric price is based on the off-peak electric rates.
As you can see, electric prices have remained relatively stable over the last five years with only minimal increases. These increases have primarily been annual fuel adjustments which were driven by oil and gas volatility. On the other hand, natural gas prices have been extremely volatile, reacting to numerous market and environmental factors.
