For retail energy customers, market volatility only means one thing: a costly monthly bill. Many energy companies and utilities attempt to reduce the impact by ensuring their customers always have steady supply, one that isn't so contingent on demand.
Black Hills, a natural gas and electricity supplier in the Midwest, recently announced it will join other energy interests in the region in proposing large-scale infrastructure investments. Part of the decision includes purchasing dry wells and gas reserves for storing its resources close to home. Black Hills customers then have an abundance on call, partially preserved against a shaky market.
However, before those customers begin to see the mitigating effect this has on their monthly energy bills, they'll first need to foot the bill for this project. Black Hills believes the trade off could preserve the low natural gas prices today far into the future.
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