Welcome to My Power Resources
Your Premier Power Porvider
We strive to give you the best term at the best rate.
Your Premier Power Porvider
We strive to give you the best term at the best rate.
We are a Retail Electricity Broker. You can think of a Broker like an independent insurance agent.
This allows us to shop products (electricity of different volumes for different lengths of time (terms)
from multiple providers (electricity sellers). We fit the best products from the right companies to our customer’s needs.
Unlike a typical "Energy Expert," My Power Resources possesses a unique insight into the power procurement process that others cannot provide. We have a proven power procurement and management strategy. We have NO exclusive agreements with any retail energy provider, so we work exclusively for our client's best interest. We leverage our insight and strategy to obtain the best possible price and contract for our clients.
Use the Energy Calculator above to find the anual cost of an appliance.
Our appliance and electronic energy use calculator allows you to estimate your annual energy use and cost to operate specific products. The wattage values provided are samples only; actual wattage of products varies depending on product age and features. Enter a wattage value for your own product for the most accurate estimate. Wattage and utility rate data 2010 Buildings Energy Databook, Table 2.1.16; Home Energy Saver; EIA Average Retail Price of Electricity - Residential.
Determining how much electricity your appliances and home electronics use can help you understand how much money you are spending to use them. Use the information below to estimate how much electricity an appliance is using and how much the electricity costs so you can decide whether to invest in a more energy-efficient appliance.
There are several ways to estimate how much electricity your appliances and home electronics use:
(Wattage × Hours Used Per Day) ÷ 1000 = Daily Kilowatt-hour (kWh) consumption
It is too simple to say electricity rates are based on traditional “supply and demand” factors. The “supply and demand” factors with electricity pertain to natural gas, the primary component in the generation of electricity. As natural gas prices rise or fall so do electricity rates rise or fall. The major factors in determining natural gas prices are weather and the amount of natural gas in storage, generally in underground caverns throughout the U.S. The amount of gas in storage is provided each week on Thursday morning at 9:30am (Houston time). Natural gas is added to the amount in storage each year generally beginning around the first week of April and throughout the summer months in order to accumulate a supply of gas to draw upon for the cold winter months. The drawdown of gas from our storage supply generally begins around the first week of November. The maximum storage capacity in the U.S. is believed to be around 4 trillion cubic feet (“tcf”) of gas. The largest amount of gas ever held in storage since records have been kept was in mid-November 2015 with 4.009 tcf, very near the expected total capacity. With a record amount of gas in storage, and with record production of gas due to the new fracking technologies, gas fell to an inflation-adjusted lowest price in the history of the Nymex trading in December 2015, bringing electricity rates down also to new 11 year lows.
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