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The Inflation Reduction Act was signed into law this month. As a budget reconciliation law, it impacts federal income and spending. For 5 and our customers, this law provides increased incentives for ... READ MORE >

Last fall, 5 discussed the mechanism by which costs associated with the high-voltage transmission system are allocated across end-users in Texas. The current system enables the four Investor-Owned Uti... READ MORE >

Power prices across the country have been on the rise since the summer of 2021 and PJM is certainly no exception. Anyone with an electricity supply contract expiring in the next 12 months, has seen a ... READ MORE >

What is Driving the Extreme Volatility in the Natural Gas Market? The NYMEX Henry Hub prompt month future contract continued to push the volatility envelope this past month, with the daily change for ... READ MORE >

NYISO Creating More Access to Renewables On July 11, New York celebrated the commissioning of the Empire State Transmission line. The 20-mile line connects the Dysinger switchyard in Royalton to the E... READ MORE >

What is Driving the Increased Load in Texas? This summer, it is clear how much the state of Texas has grown over the last few years. When Texas first deregulated its power grid about 20 years ago, the... READ MORE >

PJM Summer Spot Prices Now Higher Than Winter Anyone who has entered into a new electricity agreement in the last twelve months knows that prices are between two and three times higher than previous c... READ MORE >

On behalf of the team at 5, I am pleased to forward our market letter for the second quarter of 2022. The dramatic increase in the price of electricity and natural gas noted in our Q1 letter continued... READ MORE >

The All-Electric Building Act, known as New York S6843C, has died on the proverbial vine without getting a vote from the full New York State Senate or Assembly. The bill’s introduction came on the hee... READ MORE >