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Unformatted text preview: lity to balance load with renewable energy.
The state currently has generation in wind, central,
and on-site solar, biomass, and hydro resources.
Utilities, in conjunction with state and federal
agencies, are offering programs and rebates to
entice customers to reduce load, use energy efficient appliances, and operate more efficiently.
Growing domestic natural gas production, large
underground storage volumes, and adequate
access to pipelines continues to drop the price of
natural gas below 2010 levels. National natural
gas consumption increased in 2011 by an average of 1.2 billion cubic feet per day; however, this
increase is primarily attributed to the growth in
gas consumption for electric generation purposes
as residential demand for natural gas has actually decreased. Wholesale natural gas prices have
continued to hover around $4 per MMBtu, which
bodes well for retail natural gas and electricity
consumers as consumption in the electric power
sector makes up nearly half of the total natural gas
consumption for the country.
Both residential natural gas and electricity consumption have seen decreased demand in the
nation in 2011 based on slow economic growth,
increased efficiency, and favorable weather patterns. National resident...
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