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By Jamie Smith Hopkins, The Baltimore Sun | November 1, 2013
Baltimore Gas and Electric Co. said Friday that it anticipates its natural gas prices for residential customers will be slightly higher this winter than they were last year - about $2 more over the entire five-month heating season if temperatures are normal. BGE said it estimates that residential customers will pay about 57 cents per therm from November through March, compared with 56 cents per therm last winter. Consumers can buy their natural gas from third-party suppliers if they prefer to shop around for a better price.
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BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | November 1, 2013
Baltimore Gas and Electric Co. said Friday that it anticipates its natural gas prices for residential customers will be slightly higher this winter than they were last year - about $2 more over the entire five-month heating season if temperatures are normal. BGE said it estimates that residential customers will pay about 57 cents per therm from November through March, compared with 56 cents per therm last winter. Consumers can buy their natural gas from third-party suppliers if they prefer to shop around for a better price.
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BUSINESS
By JAY HANCOCK | September 7, 2008
The plunging price of natural gas is good news for home heating bills this winter, but I don't see anybody offering deals to lock in a price that reflects the decline. Your best bet is probably to float with BGE's standard monthly rate instead of locking in a price with a competitive supplier. Baltimore Gas & Electric passes along a "commodity" gas price that varies with the wholesale market. It also charges a distribution fee. After popping to $1.58 per therm in July, BGE's September commodity price is back down to $1.02.
BUSINESS
By JAY HANCOCK and JAY HANCOCK,jay.hancock@baltsun.com | February 8, 2009
Last week, BGE posted the February "commodity" price for natural gas: 89.71 cents per therm. That's the cheapest for the standard BGE product since October 2007. The plunge in market energy costs is starting to show up in BGE's retail prices. Ninety cents per therm is 14 percent lower than BGE's December price and 43 percent lower than the high of $1.58 reached in July. (This is your raw fuel price. Delivery charges are added.) But the only BGE customers who will benefit from this plunge are those who didn't sign up for a fixed-price deal with a third-party supplier such as BGE Home (different from but related to BGE)
BUSINESS
By Jay Hancock | June 15, 2008
The next pain in your pocketbook will be natural gas. Baltimore Gas and Electric's "commodity" gas price for May was $1.30 per therm, and e-mail correspondents tell me it has risen even higher for June, although BGE hasn't posted it on its Web site. May's price is a whopping 39 percent higher than BGE's natural gas price from May last year. Natural gas still hasn't hit the post-Hurricane Katrina high of $1.63, in November 2005, but it might be on the way. Futures markets have natural gas at these levels until next spring.
BUSINESS
By JAY HANCOCK and JAY HANCOCK,jay.hancock@baltsun.com | September 27, 2008
The first thing you need to know about recent energy-market gyrations and winter heating costs is to say "no thanks" to BGE Home's fixed-price natural gas offer of $1.599 per therm. You wouldn't pay $5 a gallon for gasoline. Don't pay $1.599 a therm for natural gas. Energy of all kinds has gotten much cheaper in the past two months. Prices have a good shot at falling further. Whether you heat with gas, oil or electricity, make sure any purchases from independent marketers reflect the price declines since the beginning of July.
BUSINESS
By JAY HANCOCK and JAY HANCOCK,jay.hancock@baltsun.com | December 7, 2008
The "commodity" price for Baltimore Gas & Electric's 600,000 household natural gas customers popped up a bit for December, rising from 96 cents per therm last month to $1.05 per therm. The federal Energy Information Administration blames unseasonably cold weather in much of the country for increased demand and higher prices. But BGE's price is still far below its level of a few months ago and below offers from independent suppliers. BGE Home, a lesser-regulated company owned by BGE parent Constellation Energy, has been trying to sell households on a fixed-price gas contract of $1.599 for the winter.
BUSINESS
By JAY HANCOCK and JAY HANCOCK,jay.hancock@baltsun.com | February 8, 2009
Last week, BGE posted the February "commodity" price for natural gas: 89.71 cents per therm. That's the cheapest for the standard BGE product since October 2007. The plunge in market energy costs is starting to show up in BGE's retail prices. Ninety cents per therm is 14 percent lower than BGE's December price and 43 percent lower than the high of $1.58 reached in July. (This is your raw fuel price. Delivery charges are added.) But the only BGE customers who will benefit from this plunge are those who didn't sign up for a fixed-price deal with a third-party supplier such as BGE Home (different from but related to BGE)
BUSINESS
By Mark Ribbing and Mark Ribbing,SUN STAFF | July 17, 1999
Columbia radioactive waste-treatment company GTS Duratek Inc. said yesterday that it has hired First Security Van Kasper, a San Francisco investment banking firm, to help determine whether it should sell its petroleum-products subsidiary.GTS Duratek currently owns 80 percent of that subsidiary, DuraTherm Inc. of San Leon, Texas. DuraTherm specializes in processing petroleum sludge. Any oil squeezed out of the sludge is recycled, and what remains is sent to landfills.DuraTherm took in $10 million in revenue last year.
BUSINESS
By Shanon D. Murray and Shanon D. Murray,SUN STAFF | October 17, 1999
Natural gas sales in Maryland will be fully deregulated Nov. 1, and the rush for customers is on. With 445,000 gas customers in the Baltimore region still up for grabs, competitors of Baltimore Gas and Electric Co. are beefing up their marketing campaigns with direct mail, newspaper advertisements, telemarketing and even door-to-door sales pitches. Nearly 90,000 Baltimore-area residents have enrolled with one of the nearly a dozen natural gas suppliers operating in the territory of BGE, which continues to distribute the gas through its pipelines.
BUSINESS
By JAY HANCOCK and JAY HANCOCK,jay.hancock@baltsun.com | December 7, 2008
The "commodity" price for Baltimore Gas & Electric's 600,000 household natural gas customers popped up a bit for December, rising from 96 cents per therm last month to $1.05 per therm. The federal Energy Information Administration blames unseasonably cold weather in much of the country for increased demand and higher prices. But BGE's price is still far below its level of a few months ago and below offers from independent suppliers. BGE Home, a lesser-regulated company owned by BGE parent Constellation Energy, has been trying to sell households on a fixed-price gas contract of $1.599 for the winter.
BUSINESS
By JAY HANCOCK and JAY HANCOCK,jay.hancock@baltsun.com | September 27, 2008
The first thing you need to know about recent energy-market gyrations and winter heating costs is to say "no thanks" to BGE Home's fixed-price natural gas offer of $1.599 per therm. You wouldn't pay $5 a gallon for gasoline. Don't pay $1.599 a therm for natural gas. Energy of all kinds has gotten much cheaper in the past two months. Prices have a good shot at falling further. Whether you heat with gas, oil or electricity, make sure any purchases from independent marketers reflect the price declines since the beginning of July.
BUSINESS
By JAY HANCOCK | September 7, 2008
The plunging price of natural gas is good news for home heating bills this winter, but I don't see anybody offering deals to lock in a price that reflects the decline. Your best bet is probably to float with BGE's standard monthly rate instead of locking in a price with a competitive supplier. Baltimore Gas & Electric passes along a "commodity" gas price that varies with the wholesale market. It also charges a distribution fee. After popping to $1.58 per therm in July, BGE's September commodity price is back down to $1.02.
BUSINESS
By Jay Hancock | June 15, 2008
The next pain in your pocketbook will be natural gas. Baltimore Gas and Electric's "commodity" gas price for May was $1.30 per therm, and e-mail correspondents tell me it has risen even higher for June, although BGE hasn't posted it on its Web site. May's price is a whopping 39 percent higher than BGE's natural gas price from May last year. Natural gas still hasn't hit the post-Hurricane Katrina high of $1.63, in November 2005, but it might be on the way. Futures markets have natural gas at these levels until next spring.
BUSINESS
By Mark Ribbing and Mark Ribbing,SUN STAFF | July 17, 1999
Columbia radioactive waste-treatment company GTS Duratek Inc. said yesterday that it has hired First Security Van Kasper, a San Francisco investment banking firm, to help determine whether it should sell its petroleum-products subsidiary.GTS Duratek currently owns 80 percent of that subsidiary, DuraTherm Inc. of San Leon, Texas. DuraTherm specializes in processing petroleum sludge. Any oil squeezed out of the sludge is recycled, and what remains is sent to landfills.DuraTherm took in $10 million in revenue last year.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,SUN STAFF | May 4, 2000
GTS Duratek, a Columbia-based provider of radiation protection services, said yesterday that earnings per share rose 22 percent in the first quarter, in large part because of the sale of a waste processing business. The company, which offers services both for people and the environment, reported net earnings of 11 cents per diluted share for the three months ended March 31, compared with 9 cents per diluted share posted for the first quarter a year ago. GTS said it had a quarterly net income of $2 million, on revenue of $41.1 million, compared with net income of $1.8 million, on revenue of $38.8 million, during the first quarter of 1999.
NEWS
By Lorraine Mirabella, The Baltimore Sun | February 8, 2012
Customers ofBaltimore Gas and Electric Co.can expect to pay $100 to $200 less to heat their homes this winter if the warmer-than-normal weather continues, the utility said Wednesday. BGE expects a 16 percent decrease in heating bills because of warmer temperatures and a drop in commodity prices for natural gas and electricity. Customers' bills will vary depending upon a home's energy efficiency and the condition of the furnace or heat pump, BGE said. A typical residential gas customer should have a total gas bill of about $486 for the Nov. 1 through March 31 period, or about $100 less than the same period a year ago. Part of that is due to natural gas commodity prices decreasing to 58 cents per therm compared to 62 cents per therm last winter.
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