Five ways to lower energy costs
"Fracking" led to a glut of natural gas hitting the market, but demand is catching up to supply. Governmental entities will no longer be able to report that the next year will bring lower energy costs, but there are five ways to deal with this new reality and keep the budget under control.
In 2012 we began experiencing 10-year lows in both electricity prices and natural gas prices. Much of this was due to the incredible technological advancements in shale drilling techniques – frequently referred to as “fracking.” As that glut of natural gas hit the market, supply overshadowed demand. As consumers, we all enjoyed low prices that had not been seen in a very long time. Now as we work our way through 2014, demand has been...