|
|
|
|
WGL Energy Reports Higher Gas Margins, Strong Price Environment
The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com
In reporting third quarter earnings today, AltaGas Ltd. reported that its competitive retail supplier WGL Energy, "benefited from a strong price environment with higher gas margins in the Retail business[.]"
This was partially offset by lower power margins from WGL Energy's retail business during the third quarter of 2021.
In the third quarter of 2021, U.S. retail electricity sales
volumes for WGL Energy were 3,738 GWh in the third quarter of 2021, compared to 3,688 GWh in the same quarter of 2020. The increase was
primarily due to higher consumption and an increase in customers served by the business.
In the third quarter of 2021, U.S. retail gas sales volumes for WGL Energy were 7,682 Mmcf, compared to 8,393 Mmcf in the same quarter of
2020. The decrease was primarily due to lower utilization compared to the same quarter of 2020.
WGL Energy serves
approximately 0.5 million customers
ADVERTISEMENT Copyright 2010-21 Energy Choice Matters. If you wish to share this story, please
email or post the website link; unauthorized copying, retransmission, or republication
prohibited.
October 28, 2021
Email This Story
Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Marketing Manager
• NEW! -- PJM Program Manager
• NEW! -- Sr. Margin Optimization Analyst - Retail Energy -- Houston
• NEW! -- Pricing Analyst -- Retail Supplier
• NEW! -- Senior Sales Executive -- Retail Supplier
• NEW! -- Power Analyst
• NEW! -- Financial Analyst
• NEW! -- Environmental Commodity Analyst
• NEW! -- Gas Analyst
• Energy Pricing Analyst -- Retail Supplier
• Senior Account Operations Analyst -- Retail Supplier
• Energy Procurement Manager
|
|
|