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    • MArchdekin
      Participant
      February 27, 2026 at 3:03 pm
      Post count: 3
      #5033

      Hello All,

       

      I am trying a new post as my last 2 in the post below keep embedding script for some reason.

      We hedged 50% for Dec. 1, 2025 – March 1, 2026. It resulted in a small premium in December but it saved us ~$9000 since January, so well worth it.

      Due to the price spikes at the end of January 2026 we are reviewing all of our NG purchasing agreements. We have one building on Enbridge system gas, one on a third-party retailer contract, and the majority of our buildings are on a pool we manage with Jupiter.

      We were therefore able to compare all three strategies and Enbridge system gas is consistently less expensive than either of the other strategies. This surprised us.

      We are looking to see if any other organization has noticed anything similar and if you are considering switching back to Enbridge system gas.

      Looking forward to hearing what is taking place elsewhere and happy to set up a call to discuss this further.

       

       

      • This topic was modified 2 weeks, 3 days ago by MArchdekin. Reason: forgot a word
    • Aman Hehar
      Participant
      March 4, 2026 at 5:34 pm
      Post count: 5
      #5057

      Typically you would use hedging as a strategy to manage risk with your utilites budget, not save money.  You might happen to save money some years, but that’s not why you do it.  In the long run, heding will cost you more.  I’ve always heard Jupiter say this as well.

      Humber’s gas consumption has dropped so significantly, it did not make sense to hedge anymore.  We switched to system gas last year.

      Hope that helps. Good luck!

      Aman

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